PolymarketPoliticsUpdated 10m ago

Will the Democrats win the Nevada governor race in 2026?

As of Oct 3, 2026, 12:27 PM ET, Polymarket priced this market at 51.5% (down from 53.0% 24 hours earlier). It had $50.5K traded in the past 24 hours, $96.7K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as strong.

Market probability
51.5%
−1.5 percentage points
over 24 hours53.0% → 51.5%
31 days until the event deadline
Deadline: November 3, 2026 at 11:59 PM ET

Confirmed repricing; the market is settling at the new level.

The pricing is supported by healthy trading volume and market depth, a tight spread.

How credible was the move?

Three separate questions — a move can be genuine while the latest price is still settling. Methodology →

Move validity

Is the move backed by real trading and depth?

Strong

The pricing is supported by healthy trading volume and market depth, a tight spread.

Consensus stability

Has the market settled at the new probability?

Forming

Movement has slowed (1.5 points over six hours) but the market has not fully settled.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$34K traded

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

What this market actually measures

This market will resolve according to the winner of the 2026 Nevada gubernatorial election. A candidate shall be considered to represent a party in the event that he or she is the nominee of the party in question.

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

This market will resolve according to the winner of the 2026 Nevada gubernatorial election. A candidate shall be considered to represent a party in the event that he or she is the nominee of the party in question. Candidates other than the Democratic or Republican nominee (e.g., Greens, Libertarian, independent) may be added at a later date. Candidates who run as independents will not be encompassed by the “Democrat” or “Republican” options regardless of any affiliation they may have with the party. The candidates may be named in the contract for the convenience of traders. In the event that any named candidate is replaced as the nominee of their respective party prior to election day, the name in the contract will be updated and the market will resolve based on the replacement nominee of the party. The resolution source for this market is the Associated Press, Fox News, and NBC. This market will resolve once all three sources call the race for the same candidate. If all three sources haven’t called the race in this state for the same candidate, this market will resolve based on the official certification.

What could move this market next?

  • The market's deadline arrivesNovember 3, 2026 at 11:59 PM ET

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

Derived from the contract's own mechanics as of Oct 3, 12:37 PM 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: high · expected error ±14 pts.

Trading normallyLegacy movement classifier: meaningful

What's happening

medium classifier confidence
Trading normally

Liquid, two-sided, and calm. The current price reads as settled consensus — the latest print is a reasonable summary of what the market believes.

  • Liquid, two-sided, and calm — price behaving as settled consensus

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

More details — reliability score, dynamics, durability
Reliability score
36Low
Where the price path tends to go next300 observed
  • Stable consensus94%
  • Choppy / mean-reverting4%
  • Trend continuation2%

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

DurabilityHigh· half-life ~2h
PredictabilityStable

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

$50.5K

Liquidity

$96.7K

Total volume

$111.7K

Category
Politics
Venue
Polymarket
Open interest
—
Spread
1.0 pts
Best bid
51.0%
Best ask
52.0%
7-day range
51.5% – 53.0%
Resolves
Nov 3, 2026
Change (pts)1H0.06H-1.524H-1.57D-1.5

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