Discovery/politicsopenneg-riskDemocratic Presidential Nominee 2028

Will Zohran Mamdani win the 2028 Democratic presidential nomination?

stale dataas of 19m agoensemble-v1.2.0late: clob_book, gamma_events
Market prob.
0.3%
MARKET FACT
Fair est.
0.3%
MODEL ESTIMATE
Edge est.
+0.00pp
MODEL ESTIMATE
Confidence
0.17low
Liquidity
$2.55M
MARKET FACT
24h volume
$3.4k
MARKET FACT
Resolves
2.2y
Nov 7, 28

Price history

Solid line: market price (fact). Dashed amber: our fair-value estimate.

4 points
0%0%Sep 7Sep 8

Thesis

Why the estimate deviates from the market

  1. 1.No independent signal currently supports a deviation from the market price; the estimate is anchored to the market.

Counter-thesis

Why this may be wrong

  1. 1.Model confidence is 0.17; the estimate is shrunk heavily toward the market price and should be treated as weak.
  2. 2.Only $0 of depth within 5% of mid; size is limited and slippage will reduce realised edge.

Key catalysts

  1. 1.Resolution in 790.7 days; price convergence typically accelerates near expiry.

What would invalidate this

  1. 1.Market price moving to 0% would close the gap.
  2. 2.A reversal in the order-book imbalance or trade-flow direction that drove this estimate.
  3. 3.Liquidity falling materially below $2,549,012 would make the edge uncapturable regardless of accuracy.

Signal breakdown

Each signal is an independent estimate. Contribution is weight × logit distance from the market price.

SignalEstimateStrengthConf.WeightContributionExplanation
Market impliedv1.0.0MARKET0.3%1.000.952.84+0.0000Market-implied probability 0.2% (source: book_mid).
Momentumv1.0.0MODEL0.3%0.000.150.09+0.0000Price momentum 1h: +0.00 logit, 6h: +0.00 logit (2 horizons, 0% agreement).

Our forecast history

Every forecast we have recorded on this market, including the wrong ones. Append-only — never edited after the fact.

As ofMarketFair est.EdgeConf.Score
3h ago0.3%0.3%+0.00pp0.170.60
6h ago0.3%0.3%+0.00pp0.170.60
9h ago0.3%0.3%+0.00pp0.000.00
10h ago0.3%0.3%+0.00pp0.000.00

Order book

captured 3h ago

PriceSizeTotal
1.00%14,377$144
0.90%128,439$1.2k
0.80%2,181,442$17.5k
0.70%15,785$110
0.60%10,634$64
0.50%6,910$35
0.40%30,525$122
0.30%100,087$300
0.25%spread +0.10pp
0.20%23,909$48
0.10%180,832$181
Bid depth ±5%
$0
Ask depth ±5%
$0

Tradeability

Whether the edge is actually capturable

Executable price
Expected value / $1(net of executable price + assumed 10bps taker fee)
-0.0010
Spread
+0.10pp
Depth within 5%
$0
Signal score
0.60

Related markets

Verified deterministic relationships only

Resolution criteria

This market will resolve to “Yes” if the named individual wins and accepts the 2028 nomination of the Democratic Party for U.S. president. Otherwise, this market will resolve to “No”. The resolution source for this market will be a consensus of official Democratic Party sources. Any replacement of the democratic nominee before election day will not change the resolution of the market.

Edgecast provides information and analytics, not financial advice and not a guarantee of outcomes. Figures labelled MODEL are estimates produced by our models and are not objective truth. Prediction markets carry risk of loss.