Alaska Senate margin of victory
Short Answer
1. Market Behavior & Drivers
- Mary Peltola is expected to achieve a clear victory, with outstanding Democratic-leaning ballots.
- Ranked-choice tabulation on November 18, 2026, will likely expand her lead.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Mary Peltola, 2+ pts | 81.0% | 81.2% | Outstanding ballots leaning Democratic are expected to build Peltola's lead after November 18, 2026. |
| Mary Peltola, 4+ pts | 45.0% | 50.7% | Evidence suggests outstanding ballots heavily favor Peltola, supporting larger margins of victory. |
| Mary Peltola, 6+ pts | 9.3% | 9.7% | Peltola is expected to expand her lead due to late-counted ballots, impacting large margins. |
| Mary Peltola, 10+ pts | 1.0% | 1.1% | Peltola is expected to expand her lead due to late-counted ballots and ranked-choice tabulation. |
| Mary Peltola, 8+ pts | 9.0% | 9.4% | Peltola is expected to expand her lead due to late-counted ballots, impacting large margins. |
Current Context
Sources (11)
- 1Democrats Clear 250 House Seats in Decisive Power Shiftnytimes.com
- 2Midterm Elections 2026: Live Results, Key Races, and Moretime.com
- 3Election Results Mapelections.alaska.gov
- 4Alaska U.S. Senate Election Resultsnytimes.com
- 56 takeaways from Alaska’s electionalaskapublic.org
- 6What's next for Alaska's unusual US Senate racereuters.com
- 7Alaska Senate election margin of victory Odds & Predictions 2026kalshi.com
- 8Alaska Senate winner? (Person) Odds & Predictions 2026kalshi.com
- 9Post by @alaskasurvey.bsky.social — Blueskybsky.app
- 10Peltola won primary by 8%, but new poll shows general election race tied with Sen. Sullivanjuneauindependent.com
- 112026 United States Senate election in Alaskaen.wikipedia.org
2. Price Chart
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
Outcome: Mary Peltola, 2.5+ pts
📉 November 09, 2026: 34.0pp drop
Price decreased from 88.0% to 54.0%
Outcome: Mary Peltola, 0.5+ pts
📈 November 08, 2026: 85.2pp spike
Price increased from 4.8% to 90.0%
Outcome: Mary Peltola, 3+ pts
📈 November 07, 2026: 83.0pp spike
Price increased from 0.0% to 83.0%
Outcome: Mary Peltola, 2+ pts
📈 November 06, 2026: 11.0pp spike
Price increased from 75.0% to 86.0%
The widespread social media narrative surrounding the 'Decoy Dan Sullivan' scandal, featuring three candidates named Dan Sullivan on the ballot [9][10], was the primary driver for the market spike. This viral story, which generated a "biggest social media day carrying 382K posts" [11], created an expectation among market participants that voter confusion and vote-splitting would ultimately benefit Mary Peltola through ranked-choice tabulation. On November 6, 2026, as initial results revealed Peltola holding a narrow lead [12][13][14], this influential social media narrative likely caused the 11.0 percentage point surge in the "Mary Peltola, 2+ pts" outcome, appearing to lead and coincide with the price move. The New York Times' model later projected Peltola's margin at +2.9 points, accounting for ranked-choice, which solidified these socially-driven expectations [8].
Social media was a primary driver.
📈 November 05, 2026: 39.0pp spike
Price increased from 42.0% to 81.0%
Sources (16)
- 1Election Results Mapelections.alaska.gov
- 2Alaska U.S. Senate Election 2026 Live Results: Mary Peltola, Dan Sullivan and Morenbcnews.com
- 3Mississippi, Alaska Senate election results: Who is winning? Scott Colom leads Cindy Hyde-Smith, Mary Peltola ahead of Dan Sullivan - The Economic Timesm.economictimes.com
- 4Ranked-choice twist: The other Dan Sullivan and the numbers to win Alaskanewsweek.com
- 5Spoiled Ballots and 'Decoy Dan' Complicate Alaska Senatethelibertytribune.com
- 6In Alaska, 'Decoy Dan' Was A Meme Vote, Not A Confused Voteivn.us
- 7Mary Peltola Takes Lead in Senate Race As 'Decoy Dan' Continues to Rack Up Votestownhall.com
- 8Alaska U.S. Senate Election Resultsnytimes.com
- 9Three Dan Sullivans Run For Alaska Senate Seat | Dissenterdissenter.com
- 10Ex-Mayor Dan Sullivan backs Dan Sullivan to beat Dan Sullivan in bonkers Alaska Senate race | CommsTradercommstrader.com
- 11Alaska US Elections 2026: Sullivan vs. Peltolaquid.com
- 12Election Resultsalaskasnewssource.com
- 13Peltola and Sullivan campaigns project wins while a quarter of ballots are outstandingalaskasnewssource.com
- 14637-vote gap keeps Alaska Senate race un-called | Anchorage Gazetteanchoragegazette.com
- 15Live Alaska Senate election results: Peltola, Sullivan nearly evenusatoday.com
- 16Trump says spoiler candidates’ votes should go to Sullivan as Alaska Senate race hangs on narrow margin - Alaska Storythealaskastory.com
4. Market Data
Contract Snapshot
Based on the provided page content, the contract rules, resolution triggers (for Yes/No), key dates/deadlines, and special settlement conditions are not explicitly stated. The page describes the market for "Alaska Senate margin of victory" and lists various sub-markets related to Mary Peltola's margin, showing current trading prices for "Yes" and "No" outcomes for specific point thresholds.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Mary Peltola, 1.5+ pts | $0.91 | $0.23 | 91% |
| Mary Peltola, 0.5+ pts | $0.97 | $0.13 | 87% |
| Mary Peltola, 1+ pts | $0.97 | $0.18 | 83% |
| Mary Peltola, 2+ pts | $0.85 | $0.19 | 81% |
| Mary Peltola, 3+ pts | $0.74 | $0.43 | 63% |
| Mary Peltola, 2.5+ pts | $0.85 | $0.43 | 54% |
| Mary Peltola, 5+ pts | $0.37 | $0.93 | 49% |
| Mary Peltola, 4+ pts | $0.47 | $0.55 | 45% |
| Mary Peltola, 4.5+ pts | $0.44 | $0.73 | 29% |
| Mary Peltola, 6+ pts | $0.21 | $0.93 | 9% |
| Mary Peltola, 8+ pts | $0.10 | $1.00 | 9% |
| Mary Peltola, 3.5+ pts | $0.64 | $0.58 | 5% |
| Mary Peltola, 10+ pts | $0.01 | $1.00 | 1% |
Market Discussion
Traders are closely watching Mary Peltola's potential margin of victory in the Alaska Senate race, with 74.1% of votes counted showing her leading by 3.8 percentage points. Despite this lead, market sentiment strongly indicates it is unlikely for her to achieve a margin of 3.5 points or more (4.8% probability), with this prediction seeing a significant drop. While a 4+ point margin holds a moderate 45% chance, the overall market consensus leans against Peltola expanding her current lead much further, likely influenced by Alaska's historical Republican lean.
5. Trust Index
“Mary Peltola, 3.5+ pts” made a sharp jump with almost no trading behind it.
Integrity risk· Thin-volume moves
Includes the cost to trade: a $1,000 order can't be filled here because the order book is too thin.
Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index
6. What are the key deadlines and procedural steps in Alaska's vote-counting process from November 5 to final certification?
| Election Certification Target | November 25, 2026 [1][2] |
|---|---|
| Domestic Mail-in Ballot Receipt Deadline | November 13, 2026 [1] |
| Final Regional Ballot Counts Due | November 18, 2026 [1] |
7. What historical voting patterns support the consensus that late-counted ballots will favor Mary Peltola over Dan Sullivan?
| Peltola's lead (Nov 4, 2026) | 637 votes (48.2% vs 47.9%) [1] |
|---|---|
| Domestic mail ballot return window | 10 days after Election Day [2] |
| RCV tabulation date (2026) | November 18, 2026 [1] |
8. How do the Peltola and Sullivan campaigns' public projections for the remaining ballots differ in their core assumptions?
| Peltola reported percentage (Nov. 7) | 48.2 percent [1] |
|---|---|
| Sullivan reported percentage (Nov. 7) | 47.9 percent [1] |
| Estimated remaining votes (Nov. 7) | 75,000 [1] |
9. What precinct-level data from November 2026 indicates how voters for minor candidates ranked their second choices between Peltola and Sullivan?
| Heikes-first voters ranking Sen. Sullivan second | 52% (from CVR file released November 4, 2026) [1] |
|---|---|
| Heikes-first voters ranking Peltola second | 17% (from CVR file released November 4, 2026) [1] |
| Daniel J. Sullivan Jr.-first voters ranking Peltola second | 42% (from CVR file released November 4, 2026) [1] |
10. What legal or procedural challenges could the Sullivan campaign raise before the November 18 ranked-choice tabulation?
| First Ranked-Choice Tabulation | November 18 [1][2][3][4][5] |
|---|---|
| Sullivan Campaign Recount/Contest Filing Status | Not established before November 18 [1][6][7][8] |
| DOJ Lawsuit Appeal Status | Pending (as of November 4) [7] |
Sources (9)
- 1What's next for Alaska's unusual US Senate racereuters.com
- 2How does ranked-choice voting work in Alaska?wesh.com
- 36 takeaways from Alaska's electionalaskapublic.org
- 4Why the Alaska Senate race could be so slowcnn.com
- 5Fact Sheet: Alaska's 2026 ranked choice voting electionsfairvote.org
- 6Campaigns, attorneys weigh in on Trump's DOJ suit to...adn.com
- 7Candidate at center of DOJ's Alaska lawsuit drew fewer...democracydocket.com
- 8The State of Play in the Alaska and Mississippi Senate Raceselectionlawblog.org
- 9OFFICIAL ELECTION PAMPHLETelections.alaska.gov
11. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: November 03, 2027
- Closes: November 03, 2027
Sources (12)
- 12026 United States Senate election in Alaskaen.wikipedia.org
- 2Sullivan and Peltola locked in tight U.S. Senate race as more results come inalaskapublic.org
- 3Alaska U.S. Senate Election Resultsnytimes.com
- 4Alaska U.S. Senate Election 2026 Live Results: Mary Peltola, Dan Sullivan and Morenbcnews.com
- 5Election Results Mapelections.alaska.gov
- 6Alaska Senate Election Results 2026electiondayresults.org
- 7Midterm results 2026: when races will be called, and what Kalshi and Polymarket say 10 days outpredictdesks.com
- 8US Midterms 2026: Newsquawk Midterm Preview for Marketsnewsquawk.com
- 9Democrats Now 60% Senate, 90% House Favorites on Prediction Markets — Biggest Shift Since 2024 | Prediction Markets Worldpredictionmarketsworld.com
- 10How Will the US Midterm Elections Stir the Market? Citi Presents a Roadmap for 50 and 30 Days Before the Election | HTX Insightshtx.com
- 11Bank of America's Hartnett: "Democratic Midterm Sweep" Would Crash U.S. Stocks, Puncture AI Bubble | Perceções da HTXhtx.com
- 12How Will the US Midterm Elections Stir the Market? Citi Presents a Roadmap for 50 and 30 Days Before the Election | HTX Insightshtx.com
13. Historical Resolutions
Historical Resolutions: 20 markets in this series
Outcomes: 0 resolved YES, 20 resolved NO
Recent resolutions:
- KXMIDTERMMOV-FL13D-P8: NO (Nov 06, 2026)
- KXMIDTERMMOV-IASENR-P2.5: NO (Nov 04, 2026)
- KXMIDTERMMOV-IASENR-P1.5: NO (Nov 04, 2026)
- KXMIDTERMMOV-IASENR-P0.5: NO (Nov 04, 2026)
- KXMIDTERMMOV-KSSENR-P2.5: NO (Nov 04, 2026)