Will the Virginia redistricting referendum pass?

Updated 1 min ago

How to read the numbers

Implied / market-implied YES

The probability of YES implied by current traded prices (mid or last). It is what participants are paying for, not a claim about real-world odds.

Model estimate

A rule-based heuristic from the signal engine when a rule sets one, not a black-box forecast. Some signals only describe liquidity or spreads and may show no model estimate.

Edge / gap

The difference between the model estimate and market-implied, in percentage points (model minus market for YES). Filters may use “largest gap.” This is informational only-not trading advice or guaranteed advantage.

Stance (above / below / near estimate)

Compares market-implied to the model estimate when both exist. Labels are not buy or sell recommendations.

Confidence

A simple UI clarity label for signals (not a prediction). It summarizes the signal’s own magnitude/quality metrics into one of: Low, Mid-low, Mid, Mid-high, or High.

Volume

Reported trading activity for the market, for context on size and liquidity.

Change & sparklines

Movement in market-implied YES over the window labeled on the card-often 24h where data allows.

Signals

Rule-based flags from ingested public data. They are not trade recommendations.

More detail in Methodology.

Politics · market-implied 84.5%

Below estimatePolymarketVolume ~521,915.438← All markets

Recent price

84.5%

Pending legal challenges, Virginia is scheduled to vote in a special election on April 21, 2026 over a referendum to amend the state constitution, allowing the Virginia General Assembly to redraw its congressional districts (see: https://www.elections.virginia.gov/election-law/proposed-amendment-for-april-2026-special-election/). This market will resolve to “Yes” if this proposed constitutional amendment is approved by a majority of valid votes cast in a statewide referendum by November 3, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. If the referendum vote is postponed prior to November 3, 2026, 11:59 PM ET, this market will remain open until the referendum vote occurs and resolve based on the results of that vote. If this referendum vote is postponed after November 3, 2026, 11:59 PM ET, or, for any other reason the referendum vote does not take place by that time, this market will resolve to “No”. If the referendum vote is definitively cancelled, with no opportunity to be rescheduled, this market will resolve immediately to “No”. This market will resolve based on the results of this referendum vote according to a consensus of credible reporting. In case of ambiguity, this market will resolve solely based on the official referendum results reported by the State of Virginia, specifically the Department of Elections (https://www.elections.virginia.gov/).

Market summary

This market is currently priced at 84.5%, while BinaryStreaks estimates fair value at 87.5%, indicating a possible +3.0 percentage point difference.

Why this is flagged: Δ6h +9.0 pts · Δ24h +9.0 pts (same direction)

What this means

  • This may indicate the market is repricing new information, or reacting to liquidity and order flow.
  • Signals are informational only and not trading advice.
  • BinaryStreaks uses public market data and deterministic, rule-based analysis.

Execution

YES

Best bid (sell)
84¢
Best ask (buy)
85¢
Spread
Midpoint
85¢
Depth (top level)
bid 6,787.39 · ask 38,802.64

NO

Best bid (sell)
15¢
Best ask (buy)
16¢
Spread
Midpoint
16¢
Depth (top level)
bid 38,802.64 · ask 6,787.39