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| Market | Platform | Price |
|---|---|---|
Will the Supreme Court overturn marriage equality? | Kalshi | 7% |
Trader mode: Actionable analysis for identifying opportunities and edge
Before 2029 If the Supreme Court rules that same-sex marriage is not required by the Constitution before Jan 1, 2029, then the market resolves to Yes. Early close condition: This market will close and expire early if the event occurs. This market will close and expire early if the event occurs.
Prediction markets currently assign a low probability to the Supreme Court overturning nationwide marriage equality before 2029. On Kalshi, the leading contract for "Will the Supreme Court overturn marriage equality?" trades at approximately 7 cents, implying just a 7% chance. This pricing suggests the market views a reversal of the 2015 Obergefell v. Hodges ruling as very unlikely in the near term, though not entirely impossible.
Two primary factors are suppressing the probability. First, the explicit precedent set by the Court in its 2022 Dobbs decision, which overturned Roe v. Wade, is critical. In a concurring opinion, Justice Clarence Thomas suggested the Court "should reconsider" other substantive due process precedents like Obergefell. However, the majority opinion explicitly stated, "nothing in this opinion should be understood to cast doubt on precedents that do not concern abortion." This direct statement has been a major anchor for market sentiment.
Second, significant legislative action has created a backstop. In December 2022, Congress passed and President Biden signed the Respect for Marriage Act, which federally requires states to recognize same-sex marriages performed in other states. While it does not force states to issue such marriage licenses, it provides a substantial legal buffer against a potential Obergefell reversal, making a full return to pre-2015 nationwide prohibition far less likely.
The odds could rise with a shift in the Court's composition or a successful test case. A future vacancy and appointment that creates a more solid six-justice majority willing to revisit substantive due process could trigger a rapid repricing. Additionally, a circuit court ruling that directly conflicts with Obergefell's principles, creating a split that the Supreme Court feels compelled to resolve, would be a major catalyst. The market will closely monitor any cert petitions related to LGBTQ+ rights that reach the Court, particularly any that challenge the application of the Respect for Marriage Act or state-level policies.
AI-generated analysis based on market data. Not financial advice.
$72.76K
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This prediction market topic concerns whether the United States Supreme Court will issue a ruling before January 1, 2029, declaring that same-sex marriage is not a right guaranteed by the Constitution. Such a ruling would effectively overturn the landmark 2015 decision in Obergefell v. Hodges, which established a constitutional right to same-sex marriage nationwide. The market resolves to 'Yes' if the Court issues such a ruling before the deadline. The topic has gained significant attention due to shifting judicial philosophies on the Court and recent decisions that have signaled a willingness to reconsider established precedents on social issues. Interest in this market stems from the profound legal, political, and social implications of potentially reversing a decade-old civil rights precedent, affecting millions of American families and the legal landscape of marriage equality. The market's timeframe, ending before 2029, captures a period of potential judicial transition and political pressure, making it a focal point for observers of constitutional law and civil rights.
The modern legal battle for same-sex marriage in the United States began in the 1990s with state-level litigation. A pivotal moment came in 1996 with the Defense of Marriage Act (DOMA), which defined marriage for federal purposes as between one man and one woman. In 2013, the Supreme Court's decision in United States v. Windsor struck down a key provision of DOMA, granting federal recognition to same-sex marriages performed in states where it was legal. This set the stage for Obergefell v. Hodges in 2015. In a 5-4 decision authored by Justice Anthony Kennedy, the Court held that the Fourteenth Amendment requires all states to license marriages between two people of the same sex and to recognize such marriages performed out-of-state. This established a nationwide constitutional right. The legal landscape shifted dramatically with the 2022 decision in Dobbs v. Jackson Women's Health Organization, which overturned Roe v. Wade. The Dobbs majority opinion, by rejecting the substantive due process framework that underpinned both Roe and Obergefell, created immediate uncertainty about the stability of other privacy-based rights, including the right to same-sex marriage.
A Supreme Court decision overturning Obergefell would fundamentally alter the legal status of hundreds of thousands of married same-sex couples across the United States. It would not automatically invalidate existing marriages, but it would empower individual states to refuse to recognize new same-sex marriages or to deny recognition to those performed elsewhere. This could create a patchwork of legal recognition, where a couple's rights to joint tax filing, inheritance, hospital visitation, and parental recognition would depend entirely on their state of residence. The economic and administrative burden on families, employers, and state governments would be significant, creating legal chaos and uncertainty. Beyond the immediate legal consequences, such a ruling would represent a historic reversal of a major civil rights expansion, potentially undermining public confidence in the stability of Supreme Court precedents and intensifying political and cultural divisions over LGBTQ rights in America. It would also likely trigger a new wave of state-level legislation and ballot initiatives, making marriage equality a central issue in local and national politics for years to come.
As of late 2024, the Supreme Court has not agreed to hear a case directly challenging Obergefell v. Hodges. However, the legal pressure is building. In 2022, Justice Clarence Thomas's concurrence in Dobbs explicitly called for the Court to reconsider Obergefell. Furthermore, the Court's 2023 decision in 303 Creative LLC v. Elenis, which sided with a web designer who refused to create sites for same-sex weddings, demonstrated the Court's willingness to prioritize certain religious liberty and free speech claims over LGBTQ anti-discrimination principles in specific contexts. Several conservative legal groups and state legislators are actively crafting legislation and seeking plaintiffs to create a test case that could be appealed to the Supreme Court. The Court's current docket and the strategic timing of such litigation will determine if a case reaches the justices before the 2029 deadline.
Not automatically. The legal status of existing marriages would become uncertain and would likely depend on individual state law. Some states might continue to recognize them, while others might not. The ruling would primarily affect the ability of states to ban future same-sex marriages and to refuse recognition of marriages from other states.
The Respect for Marriage Act, signed into law in December 2022, requires the federal government and all states to recognize the validity of same-sex marriages that were legally performed. However, it does not require states to issue marriage licenses to same-sex couples if Obergefell is overturned, creating a potential two-tier system of recognition versus licensing.
Dobbs v. Jackson Women's Health Organization (2022) is the most direct threat. By overturning Roe and criticizing the substantive due process framework, the Dobbs majority opinion undermined the legal reasoning used in Obergefell. Justice Thomas's concurring opinion explicitly named Obergefell as a precedent to be reconsidered.
Congress could attempt to pass a law establishing a federal right to same-sex marriage, but its power to do so would face significant constitutional challenges under current interpretations of federalism. Such a law would likely be challenged in court, with the Supreme Court having the final say on its validity.
Educational content is AI-generated and sourced from Wikipedia. It should not be considered financial advice.
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