Will Ted Cruz be the first listed Republican to announce a run for President in 2028?

Q: Will Ted Cruz be the first listed Republican to announce a run for President in 2028?

Prediction markets currently price this at 9%. A YES share costs 9.0¢ and pays $1 if it happens. That is a return of 1011.1% over 1.3y.

Which of these Republicans will be the first to announce a run for President?$9k liquidity$5k volumecloses 1.3y

PoliticsElectionsPresidentCelebrities

Trade on Polymarket

BUY YES

Cost: 9.0¢
Implied chance: 9.0%
Return if right: 1011.1%
Spread cost: 18%

If you put in $100

You get 1111.1 shares at 9.0¢ each.

YES wins: $1111.11 back, a profit of $1011.11. YES loses: $0.00, and the whole $100 is gone.

The gap between buyers and sellers takes $222.22 of that profit. Without it you would make $1233.33.

Assumes the whole order fills at this price. A large order eats into the book and averages worse.

Buy YES on Polymarket

BUY NO

Cost: 94.0¢
Implied chance: 94.0%
Return if right: 6.4%
Spread cost: 21%

If you put in $100

You get 106.4 shares at 94.0¢ each.

NO wins: $106.38 back, a profit of $6.38. NO loses: $0.00, and the whole $100 is gone.

The gap between buyers and sellers takes $1.73 of that profit. Without it you would make $8.11.

Assumes the whole order fills at this price. A large order eats into the book and averages worse.

Buy NO on Polymarket

Chance over time

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Latest: Sep 25, 10:00 AM1 outcome stayed under 3% and is not plotted3 further outcomes not shown

Latest news

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How this market resolves

This market will resolve according to the first listed individual who publicly and unambiguously announces their candidacy in the 2028 United States presidential election, whether they are seeking any party nomination in the election or otherwise. An announcement that an individual is exploring a run or has formed an exploratory committee will be insufficient to resolve this market. The listed individuals are: J.D. Vance, Marco Rubio, Ron DeSantis, Donald Trump, Donald Trump Jr., Glenn Youngkin, Vivek Ramaswamy, Ted Cruz, Rand Paul, and Marjorie Taylor Greene. An announcement by a listed individual will be sufficient to trigger resolution, regardless of whether they file their candidacy with the relevant regulatory authority. A campaign filing without an announcement will not be sufficient to resolve this market. If no listed individual makes such an announcement by December 31, 2027 at 11:59PM ET, this market will resolve to "Other". Once a qualifying announcement is made, subsequent withdrawal or retraction will not affect resolution. The primary resolution source for this market will be official statements by the listed individuals (ex: via speech, social media, etc.), however a consensus of credible reporting may also be used.