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| Market | Platform | Price |
|---|---|---|
Will Democratic win the House race for MO-05? | Kalshi | 58% |
Will Republican win the House race for MO-05? | Kalshi | 39% |
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Trader mode: Actionable analysis for identifying opportunities and edge
In 2026 If the House member sworn in for MO-05 for the term beginning in 2027 is a member X then the market resolves to Yes. Early close condition: This market will close following the swearing in of the Representative for the seat in question. This market will close following the swearing in of the Representative for the seat in question.
Prediction markets currently price an 87% probability that a Democratic candidate will win California's 13th congressional district in the 2026 election. This high confidence level indicates the market views a Democratic victory as the overwhelming favorite outcome. The price of 87 cents per share on Kalshi reflects strong consensus, though the relatively thin trading volume of $12,000 suggests this is not a heavily capitalized market.
The primary factor is the district's strong Democratic lean. CA-13, covering parts of the San Joaquin Valley including Modesto, is currently represented by Democratic Congressman John Duarte, who won a highly competitive race in 2022 by a margin of just 564 votes. Despite this narrow victory, the district's underlying partisan voter index (D+3) favors Democrats. The market is likely pricing in the structural advantage Democrats hold in presidential election years, which 2026 is not, but also the historical trend of the incumbent president's party struggling in midterm elections. However, the district's Democratic tilt seems to be outweighing typical midterm dynamics in current pricing.
Secondly, the market may be anticipating a potential retirement or weakened incumbent position for Rep. Duarte. As a Republican in a Democratic-leaning district, his hold is considered tenuous. Markets are likely assessing that a well-funded Democratic challenger in a higher-turnout environment, even during a midterm, would be heavily favored to flip the seat back, especially if national political winds are not strongly blowing in the Republican direction.
The odds could tighten significantly based on candidate recruitment and the national political environment in 2025-2026. If Rep. Duarte builds a formidable incumbency advantage and the Democrats fail to recruit a strong challenger, the probability could drop. Conversely, if a Democratic wave election materializes, the probability could push above 90%. Key catalysts will be the candidate filing deadlines in early 2026 and any retirement announcements from Rep. Duarte. The market will also be highly sensitive to generic congressional ballot polling leading into the election cycle, which typically becomes a reliable indicator about 6-9 months before Election Day.
AI-generated analysis based on market data. Not financial advice.
This prediction market topic concerns the outcome of the 2026 United States House of Representatives election for California's 13th congressional district (CA-13). The market resolves based on which political party's candidate is sworn into office for the term beginning in January 2027. CA-13 is a competitive district in California's Central Valley, encompassing parts of Fresno, Madera, and Merced counties. The district's political dynamics are shaped by its agricultural economy, demographic shifts, and its status as a key battleground in the national fight for control of the House of Representatives. Interest in this market stems from the district's recent electoral volatility, its potential to influence the balance of power in Congress, and the broader national trends it may reflect regarding voter sentiment in a politically mixed region. The outcome will be determined by the November 2026 general election, with the winner sworn in during the first week of January 2027.
California's 13th congressional district has a history of competitive elections and partisan swings, reflecting its status as a genuine political bellwether. The district's boundaries were significantly altered during California's 2021 redistricting cycle, creating a new, more competitive seat from parts of the old 10th, 16th, and 21st districts. Prior to 2022, the area was represented by Democrats like Jim Costa and Republicans like Devin Nunes in different configurations. The 2022 election for the newly drawn CA-13 was one of the closest House races in the nation, with Republican John Duarte defeating Democrat Adam Gray by just 0.4% of the vote. This razor-thin margin underscored the district's status as a pure toss-up. The 2024 election saw a reversal, with Adam Gray defeating the incumbent Duarte, flipping the seat back to Democratic control. This recent volatility, with the seat changing hands in consecutive elections, establishes a clear precedent for highly contested and expensive battles every two years. The district's voting patterns are often seen as a microcosm of the national political mood, particularly regarding the concerns of suburban and rural voters in a politically divided state.
The race for CA-13 has significant implications for national politics. As a perennial swing district, its outcome is a critical component in the battle for majority control of the U.S. House of Representatives. A shift of just a handful of seats can determine which party sets the legislative agenda, controls committee chairs, and initiates investigations. The district's focus on water policy directly impacts the nation's food supply, as the Central Valley is one of the most productive agricultural regions in the world. Federal decisions on water allocation from the Sierra Nevada snowpack, managed through projects like the Central Valley Project, have billion-dollar consequences for farmers, consumers, and the environment. Furthermore, the campaign strategies and messaging that succeed in this diverse district, which includes urban Fresno, agricultural towns, and college communities, are studied by national parties as a blueprint for appealing to a broad coalition of voters. The result will signal which party is effectively connecting with key demographic groups, including Latino voters and working-class families, ahead of the 2028 presidential election.
As of late 2024, following the 2024 election, Democrat Adam Gray is the incumbent Representative for CA-13. The political landscape for the 2026 race is beginning to take shape, with both national parties listing the district as a top target. Fundraising efforts for the 2026 cycle are likely already underway for Representative Gray and potential Republican challengers. Key issues are crystallizing around the ongoing drought and water management in the Central Valley, the state of the national economy, and immigration policy. The outcome of the 2024 presidential election and its coattail effects will significantly influence the political environment for this 2026 midterm race.
CA-13 is located in California's Central Valley. It includes the city of Fresno (in part), and all of Madera and Merced counties. The district is largely agricultural but includes urban, suburban, and rural communities.
As of January 2025, the U.S. Representative for California's 13th congressional district is Democrat Adam Gray. He was elected in November 2024 and sworn into office in January 2025.
CA-13 is considered a swing district because its voter registration is nearly evenly split between Democrats and Republicans, and its election results have been extremely close. The seat has changed party control in both elections held under its current boundaries (2022 and 2024).
The dominant issues are water policy and agriculture, given the district's farming economy. Other key issues include the cost of living, immigration, healthcare, and crime. Candidates must appeal to both liberal voters in Fresno and conservative voters in rural areas.
With the House of Representatives often controlled by a narrow majority, every competitive seat like CA-13 is critical. The party that wins this district gains one vote toward the 218 needed for a majority, making it a frequent target for national party spending.
The general election will be held on Tuesday, November 3, 2026. The winner will be sworn into office for a two-year term starting in early January 2027, which is when this prediction market will resolve.
Educational content is AI-generated and sourced from Wikipedia. It should not be considered financial advice.
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