ManifoldPlay moneyPoliticsLikely noiseUpdated 7m ago

Will Democrats win the Texas Commissioner of Agriculture Election?

As of Oct 12, 2026, 2:28 AM ET, Manifold priced this market at 40.0% (down from 47.3% 24 hours earlier). It had 2.4K mana traded in the past 24 hours and 100 mana of pool liquidity. probcast.co rates the support behind this price as weak.

Market probability
40.0%
−7.3 percentage points
over 24 hours47.3% → 40.0%
Big move, weak backing

Play-money market (mana, not dollars) — thin market where small orders can move the price — today's move came from a small group of accounts.

Price historyManifold

Source: Manifold price history

How credible was the move?

Methodology →

Move validity

Weak

Consensus stability

Forming

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

Thin

Pool liquidity

100 mana

Bid-ask spread

n/a

automated market maker

24h volume

2.4K mana

Total volume

0 mana

Play money: depth is in mana, so it says nothing about real-money conviction.

Who's trading

Whose opinion is this price?

A few accounts
54%of the traded money came from the single largest account

Accounts

6

Trades

23

over 41 days

Largest order

1K mana

1.9K mana traded across these 23 trades (last 41 days).

A small group of accounts did most of the trading — neither one whale nor a broad crowd.

Recent trade activity$1.9K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

2026 Texas Commissioner of Agriculture election - Wikipedia [link preview](Identical market to: source market)

This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.

View full official resolution rules

2026 Texas Commissioner of Agriculture election - Wikipedia [link preview](Identical market to: source market)

Why the odds moved

The probability fell 7.3 percentage points over the last 24 hours (47.3% → 40.0%).

No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.

What could move this market next?

  • The market's deadline arrivesNovember 3, 2026 at 6:59 PM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Oct 12, 2:35 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.

Advanced analysis (experimental)

Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±24 pts.

Thin marketLegacy movement classifier: noisy

What's happening

medium classifier confidence
Thin market

Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.

  • Thin book and/or wide spread.

Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
10Low
Where the price path tends to go next1124 observed
  • Illiquid / quiet99%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life ~11h
PredictabilityStable

Secondary read: leaning toward One big trader.

A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.

Market data

24h volume

2.4K mana

Liquidity

100 mana

Total volume

0 mana

Category
Politics
Venue
Manifold
Open interest
—
Current probability
40.0%
7-day range
40.0% – 47.3%
Resolves
Nov 3, 2026
Change (pts)1H0.06H-2.824H-7.37D-7.3

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