Texas Republican Senate Runoff: Margin of Victory
If the margin of victory for Ken Paxton in the 2026 Texas Republican Senate runoff falls between 20% and 100%, inclusive of its lower bound and exclusive of its upper bound, then the market resolves to Yes.
The margin of victory shall be calculated as follows based on the margin type. - **For percentage points**: the vote percentage received by Ken Paxton minus the vote percentage received by the candidate/party/option that finishes immediately behind Ken Paxton if Ken Paxton wins, or the candidate/party that finishes first if Ken Paxton loses. - **For raw votes**: the total votes received by Ken Paxton minus the total votes received by the candidate/party/option that finishes immediately behind Ken Paxton if Ken Paxton wins, or the candidate/party/option that finishes first if Ken Paxton loses. - **For electoral votes**: the electoral votes received by Ken Paxton minus the electoral votes received by the candidate/party/option with the second-most electoral votes if Ken Paxton wins, or the electoral votes received by Ken Paxton minus the electoral votes received by the candidate/party/option with the most electoral votes if Ken Paxton does not. Each margin range is inclusive of its lower bound and exclusive of its upper bound. No rounding shall be applied to the calculated margin. For example, for consecutive ranges of 5-6% and 6-7%, a margin of 5.99999% resolves within the 5-6% range, while a margin of exactly 6% resolves within the 6-7% range. If Ken Paxton runs under multiple parties or is listed multiple times, votes attributable to the same underlying natural Ken Paxton will be summed. If Ken Paxton wins the election, the margin will be positive. If Ken Paxton loses the election, the margin will be negative. If Ken Paxton ties for first place, the margin shall be 0. For uncontested races where Ken Paxton is the only candidate, the margin shall be 100 percentage points or the total number of votes cast (for raw votes).
Outcome verified from official election authority responsible for certifying results in .
- Any candidate currently listed as a market within this event.
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- Paid employees of national, state, or congressional party organizations (including, e.g., the DNC, RNC, DCCC, NRCC, DSCC, and NRSC).
- Paid employees of Political Action Committees (PACs) and independent-expenditure-only political committees ("Super PACs") active in any race listed within this event.
- Registered federal lobbyists retained by any campaign, party organization, or PAC active in any race listed within this event.
- Holders of federal and statewide public office.
- State legislators serving on committees with jurisdiction over election administration in any state with a race listed within this event.
- All staff of the U.S. House of Representatives and its members.
- All staff of the U.S. Senate and its members.
- All staff of the Executive Office of the President, including the Office of the President and the Office of the Vice President.
- Commissioners and staff of the Federal Election Commission.
- Senior staff (Schedule C and equivalent political appointees) of any federal agency with jurisdiction over election administration, election security, or election-related enforcement, including without limitation the Department of Justice (Public Integrity Section, Election Crimes Branch, and Civil Rights Division Voting Section) and the Department of Homeland Security (CISA).
- All staff of the U.S. Supreme Court and its Justices.
- Federal and state judges presiding over active litigation related to any race listed within this event.
- All Electors who may cast ballots in connection with the determination of the President and/or Vice President of the United States.
- State Secretaries of State (and equivalent chief election officials), members of state and local boards of elections, election directors, registrars, and senior staff of state and local election administration offices.
- Any person working in a vote-tallying capacity, or who has the potential ability to observe official vote counts before they are public.
- Paid employees of major polling organizations. The Exchange shall maintain and publish a list of polling organizations it has designated as "major" and may modify that list at any time. This prohibition does not apply to all employees of an organization that contains a polling division (e.g., the prohibition does not apply to all employees of Quinnipiac University despite the presence of Quinnipiac University's polling division).
- Employees of Decision Desks at major media organizations, including but not limited to Fox News, ABC News, the Associated Press, CNN, CBS News, Decision Desk HQ, NBC News, The New York Times, and Reuters.
- Employees of exit-polling and election-night survey operations engaged by media organizations or campaigns in any race listed within this event, including but not limited to Edison Research and the National Election Pool.
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