politics

Will John Cavanaugh be the Democratic nominee for NE-02?

PlatformPolymarket Expires2026-05-12 Volume$9,719 Open Interest$11,891
YES
28¢
Implied probability: 28.5%
NO
71¢
Implied probability: 71.5%
30-DAY PROBABILITY HISTORY Low 28¢ · High 28¢ · Δ +0.0pp
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YES Price
28¢
NO Price
71¢
Total Volume
$9,719
Open Interest
$11,891
Expiration
2026-05-12
Days Left
11
About this market

What resolves this contract

This market will resolve according to the candidate who wins the nomination for the Democratic Party to contest the NE-02 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The Democratic primary will take place on May 12, 2026. If no nominee is announced by November 3, 2026, 11:59PM ET, this market will resolve to "Other". The resolution source for this market will be a consensus of official Democrat sources, including https://democrats.org/. Any replacement of the nominee before election day will not change the resolution of the market.

How to read the price

Prediction market prices are expressed in cents on the dollar. A YES contract trading at 28¢ means the market is pricing in a 28.5% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.

Volume vs. open interest

Total traded volume ($9,719) reflects every buy and sell across the life of this contract. Open interest ($11,891) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.

Where to trade this market

This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.

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FAQ

Common questions about this market

How is this market resolved?

This market will resolve according to the candidate who wins the nomination for the Democratic Party to contest the NE-02 congressional district seat in the U.S. House of Representatives in the 2026 midterm elections. The Democratic primary will take place on May 12, 2026. If no nominee is announced by November 3, 2026, 11:59PM ET, this market will resolve to "Other". The resolution source for this market will be a consensus of official Democrat sources, including https://democrats.org/. Any replacement of the nominee before election day will not change the resolution of the market.

When does this contract expire?

This contract closes on 2026-05-12, 11 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).

What happens if I buy YES at 28¢?

If the event resolves YES, each YES contract pays $1 , a profit of 72¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 28¢ is lost. Current market price implies a 28.5% probability of YES.

Where is this market listed?

This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.

How reliable is the quoted price?

This market has $9,719 in total traded volume and $11,891 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.

Disclaimer: Prediction market data on this page is sourced from public order books. Prices change continuously; figures shown here reflect the last refresh at 2026-05-01. Nothing on this page constitutes investment or betting advice.
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