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Will the Democrats win the Arizona governor race in 2026?

polymarketElections·2026-10-04·view on polymarket ↗
88%
Agent
92%
Market Price
-3.8%
Edge
67%
Confidence
53,971
Volume
2.0c
Spread
30
Days to resolution
13
Markets in event
final rationale
Mean of 5 draws (0.89, 0.88, 0.88, 0.87, 0.89). (0) Nothing has been resolved. The general election is November 3, 2026. No AP, Fox or NBC call exists, and the resolution source shows only Hobbs (D) vs. Biggs (R) as nominees with Lean/Tilt D ratings. (a) About one month remains, and early voting starts October 7, so the window for movement is shrinking. (b) If nothing changes, Hobbs wins: every post-primary public poll has her ahead, by 8 (AARP), 13 (Noble) and 15 (HighGround), and the DDHQ average puts her up 7. She has outspent Biggs on ads by roughly 15-to-1, the DGA has added $10M, and the RGA has not committed money. (c) NO path: the polls are stale (none after August 19), and Biggs's $1.75M negative ad buy on the Sunshine Residential 'pay-to-play' issue only began recently. Republicans could consolidate, and Arizona's history of razor-thin races (Hobbs won by under 1 point in 2022) could produce a polling miss and a narrow Biggs win. (d) YES path: Hobbs's money and incumbency hold a mid-to-high single-digit lead. Biggs's 2020-election baggage and Trump's weak approval depress the GOP vote, and Hobbs wins as Arizona Democrats have in recent statewide races. The Polymarket anchor is 92%, up from about 87% on both Kalshi and Polymarket on October 1, and I see no new information justifying the latest uptick. DDHQ's model at about 70% and the staleness of the polls argue for a slight shade down, so I settle at 0.89.
price vs. prediction
market price agent forecast at t+0
14 follow-ups
1. Planner Opus 5.5 · picks the research tools
Tools chosen: polymarket_direct resolution_source kalshi_related polymarket_related wikipedia
Planner reasoning
This is a Polymarket question, so polymarket_direct is the price anchor. kalshi_related gives an independent crowd's price on the Arizona governor race, and polymarket_related picks up linked markets (nominee, margin). Wikipedia gives the race's background, nominees and polling summaries. resolution_source points at the AP/Fox/NBC race calls.
2. Research parallel tool calls + 4 web research loops (Sonnet 5) · read raw by the forecasters
at a glance
RESEARCH DIGEST (built in code: tool summaries and each report's bottom line; the forecasters read the full tool outputs and reports) Tools - polymarket_direct: ## This Market's Polymarket Data **Will the Democrats win the Arizona governor race in 2026?** - Current price (probability): 92.00% (live; bid 91% / ask 93%) - 7-day price change: +3.50% - 30-day price change: +5.50% - Total volume: $53,971 (USD notional) - Price range: 76.50% - 92.00% - Data points: 90 days - resolution_source: already_resolved=unclear; matches_criteria=False; last_updated=September 25, 2026 (Ballotpedia); November 14, 2025 (Emerson poll). The general election has not yet occurred (scheduled for November 3, 2026). Hobbs (D) is the Democratic nominee and Biggs (R) is the Republican nominee; race ratings (Cook, Inside Elections, Sabato's) show Lean/Tilt Democratic, and polling shows a close race (e.g., Hob - kalshi_related: 1 related markets / summaries. keyword 'Arizona governor': ok | keyword 'Hobbs': no matches - polymarket_related: Polymarket search over 2 keyword(s), kept 5 matches. keyword 'Arizona governor': 5 markets | keyword 'Hobbs': 0 markets - wikipedia: Fetched 2 Wikipedia entries (0 missing pages). Research loops, bottom lines - current state: As of early October 2026, incumbent Democratic Gov. Katie Hobbs holds a consistent but dated mid-to-high single/double-digit lead over Republican Andy Biggs in every public poll reviewed (ranging ~13–15 points in August surveys), and prediction markets (Kalshi/Polymarket) were pricing an ~87% probability of a Hobbs win as of late September/early October; however, Arizona's 2022 race was decided by under 1 point, Hobbs has declined to debate, and an Oct. 6 Clean Elections debate (Biggs only) and - base rate: The outside view strongly favors the incumbent: U.S. gubernatorial incumbents win reelection roughly 70-90% of the time historically (higher in recent decades), Arizona-specific incumbents have an ~82% historical success rate, and Hobbs already overcame a similarly "toss-up"-rated, GOP-leaning environment to win in 2022; combined with 2026 polling and rating shifts moving from Toss-up toward Lean/Likely D, the base-rate and current-trend evidence both point toward a Democratic win being more lik - yes case: Every independent poll since the July primary (AARP, Noble, HighGround, DDHQ average) has shown Hobbs ahead by roughly 7-15 points, she holds an overwhelming fundraising/ad-spending advantage reinforced by a $10M DGA commitment, Arizona Democrats already hold every other top statewide office, and Biggs carries 2020-election-denial baggage that cost similar Trump-endorsed nominees prior Arizona generals — all pointing toward a Hobbs (Democratic) win as the clear most-likely path to YES, contingen - no case: The strongest NO case rests on a late, well-funded Hobbs financial advantage being only partially tested by polling (all pre-Aug.19), on Biggs' just-begun ad campaign and pending corruption-adjacent investigations still in play, and on Arizona's history (2022) of close, upset-prone governor races — but even sympathetic GOP-aligned pollsters characterize a Biggs comeback as needing to shrink a 6-15 point gap in under a month, which they call a "miracle" scenario rather than a likely one.
tools
toolstatustimeitemssummary
polymarket_direct OK 0.2s 1 ## This Market's Polymarket Data **Will the Democrats win the Arizona governor race in 2026?** - Current price (probability): 92.00% (live; bid 91% / ask 93%) - 7-day price change: +3.50% - 30-day price change: +5.50% - Total volume: $53,971 (USD notional) - Price range: 76.50% - 92.00% - Data poin
resolution_source OK 23.1s 1 already_resolved=unclear; matches_criteria=False; last_updated=September 25, 2026 (Ballotpedia); November 14, 2025 (Emerson poll). The general election has not yet occurred (scheduled for November 3, 2026). Hobbs (D) is the Democratic nominee and Biggs (R) is the Republican nominee; race ratings (Co
kalshi_related OK 0.8s 1 1 related markets / summaries. keyword 'Arizona governor': ok | keyword 'Hobbs': no matches
polymarket_related OK 0.3s 5 Polymarket search over 2 keyword(s), kept 5 matches. keyword 'Arizona governor': 5 markets | keyword 'Hobbs': 0 markets
wikipedia OK 0.1s 2 Fetched 2 Wikipedia entries (0 missing pages).
research loops · 4/4 ok · 14 searches · 4 page reads
dimensionstatustimesearchespage readsreport
current state OK 25s 4 1 4605 chars
base rate OK 31s 3 1 5764 chars
yes case OK 33s 3 1 4815 chars
no case OK 31s 4 1 4676 chars
report: current state
- [2026-07-21] Primary elections were held: primary elections took place on July 21, 2026, with Hobbs securing the Democratic nomination unopposed, and Biggs securing the Republican nomination over congressman David Schweikert with 73.6% of the vote. (en.wikipedia.org) - [2026-07-30/31] Hobbs declined to debate Biggs: Gov. Katie Hobbs will not debate Republican challenger Rep. Andy Biggs before Arizona's November election. Biggs senior adviser Drew Sexton said the Republican nominee will participate in a gubernatorial debate scheduled for Oct. 6 by the Arizona Citizens Clean Elections Commission. (azfamily.com, californiaglobe.com) - [2026-08-24] HighGround poll showed Hobbs with a double-digit lead: Hobbs opened a 15-point lead over Republican challenger Andy Biggs in the Arizona governor's race, according to a new HighGround Public Affairs survey, with Hobbs leading 49.5% to 34.3% among likely voters. (ktar.com) - [2026-08-13] Noble Predictive Insights poll showed a similar gap: A new poll by Noble Predictive Insights shows Democrat Katie Hobbs has a 13-point lead over Republican Andy Biggs in the gubernatorial election, leading 48% to 35% among all likely voters. (fox10phoenix.com) - [2026-09-29] Hobbs campaign launched attack ads on Epstein-related "predator protector" allegations against Biggs: Gov. Katie Hobbs has run four ads branding Congressman Andy Biggs a "predator protector," and Biggs hit back with his own ad claiming Hobbs sided with "predators and pornographers". (azcapitoltimes.com) - [2026-10-01] Cronkite News reporting on the race's status: Five weeks out from Election Day, traders on both Kalshi and Polymarket were forecasting an 87% probability that Democratic Gov. Katie Hobbs would secure a second term, and recent polling pointed in the same direction, but with far less certainty. Five of the most recent public surveys reviewed by Cronkite News all found Hobbs ahead of Biggs, though her lead ranged from 15 percentage points to a statistical tie. (cronkitenews.azpbs.org) - [2026-10-01] Polling data as of early October was somewhat dated: None were conducted after Aug. 19 and since then the Biggs campaign has announced a $1.75 million advertising buy coordinated with the Arizona Republican Party. (cronkitenews.azpbs.org) - [2026-10-01] Expert commentary suggests the race may tighten but Biggs faces long odds: As Election Day nears, Bentz said he expects Republicans to consolidate behind Biggs and the margin to shrink. However, when asked whether Biggs could come back from his current position and win, he said the candidate would "need a miracle." (cronkitenews.azpbs.org) - [2026-10-01] A Dartmouth economist's assessment: Dartmouth College economics professor Eric Zitzewitz said assuming Hobbs has maintained at least a 6-7 point lead in the polls, the current Kalshi odds regarding the race appear to be accurate, stating "It's not impossible that Biggs will catch up, but the odds seem roughly right to me." (cronkitenews.azpbs.org) - [2026-10-07] Upcoming key date: Early voting begins Oct. 7, giving Biggs little time to turn things around. (cronkitenews.azpbs.org) - [2026-10-06] Scheduled debate: the Arizona Citizens Clean Elections Commission debate is set for October 6, 2026, which Biggs plans to attend; Hobbs has declined all general-election debate invitations (californiaglobe.com, azfamily.com). - [2026-10-04] 2022 context for comparison: Four years ago, Hobbs defeated GOP nominee Kari Lake by 17,117 votes – less than 1 percentage point, underscoring that Arizona's governor race has historically been extremely close despite current polling gaps. (cronkitenews.azpbs.org) BOTTOM LINE: As of early October 2026, incumbent Democratic Gov. Katie Hobbs holds a consistent but dated mid-to-high single/double-digit lead over Republican Andy Biggs in every public poll reviewed (ranging ~13–15 points in August surveys), and prediction markets (Kalshi/Polymarket) were pricing an ~87% probability of a Hobbs win as of late September/early October; however, Arizona's 2022 race was decided by under 1 point, Hobbs has declined to debate, and an Oct. 6 Clean Elections debate (Biggs only) and the Oct. 7 start of early voting are the remaining scheduled events before the election, with experts split on how much the gap could narrow. NOT FOUND: No post-August 19 public poll was located as of this report; no confirmation of debate having actually occurred on Oct. 6 (scheduled but not yet reported); no official AP/Fox/NBC race call (election is Nov. 3, 2026, after this report's date).
report: base rate
- [2026-10-04 (data current as of fetch)] Arizona is Democratic incumbent Katie Hobbs seeking a second term, challenged by Republican congressman Andy Biggs , after Hobbs secured the Democratic nomination unopposed while Biggs won the Republican nomination over David Schweikert with 73.6% of the vote . https://en.wikipedia.org/wiki/2026_Arizona_gubernatorial_election - [2026-07-10] Cook Political Report's race tracker shows multiple ratings shifts this cycle, "Five Governors' Race Ratings Shift, All But One in Democrats' Direction," with Arizona Governor 2026 last updated as Toss Up / Lean D . https://www.cookpolitical.com/governor/race/479456 - [2025-11-18 through 2025-10-28 weekly updates] Ballotpedia's aggregation of four outlets (Cook, Inside Elections, Sabato's Crystal Ball, DDHQ) rated the race a consistent Toss-up · Toss-up · Toss-up · Toss-up across the fall of 2025, before later 2026 shifts toward Hobbs. https://ballotpedia.org/Arizona_gubernatorial_and_lieutenant_gubernatorial_election,_2026 - [historical base rate] Analysis of gubernatorial elections dating to 1914 found incumbents have won 709 of 1,007 elections since 1914, or 70.4 percent of their bids for another term, nearly identical in midterms (70.9 percent) and presidential cycles (70.7 percent) . https://smartpolitics.lib.umn.edu/2026/04/01/a-study-of-1000-gubernatorial-incumbents/ - [historical base rate, recent decades] The Eagleton Institute's data shows a long-term rising trend: the rate has increased almost every decade – from an average of 68.26% between 1948 and 1979 to an average of 79.22% from 1980 through 2013 to an average of 89.5% since 2013 . https://governors.rutgers.edu/when-governors-seek-re-election/ - [state-specific base rate] Arizona-specific incumbent success from 1948-2013: Arizona · 17 · 14 · 0.82 (incumbents running vs. winning), indicating an ~82% historical reelection rate for Arizona governors seeking another term. https://governors.rutgers.edu/when-governors-seek-re-election/ - [2022 precedent] The most directly relevant data point: in 2022 Democratic secretary of state Katie Hobbs defeated Republican Kari Lake; going into the election, most polling had Lake leading and analysts generally considered the race a tossup or leaning Republican, yet Hobbs won with 50.32%, the first Democrat to win Arizona's governorship since 2006 . This shows pre-election "toss-up" ratings in AZ governor races have recently resolved Democratic despite a Republican-leaning polling environment. https://en.wikipedia.org/wiki/2022_Arizona_gubernatorial_election - [2026-08-24] Current-cycle polling average shows a meaningful Hobbs lead: a HighGround poll gave Hobbs a 15-point lead over Biggs, polling at 49.5% to 34.3% among likely Arizona voters , with a whopping lead among independent and unaffiliated voters—about 55% of independent voters back Hobbs, while roughly 19% support Biggs . https://www.azfamily.com/2026/08/24/new-poll-shows-double-digit-lead-hobbs-over-biggs-arizona-governors-race/ - [2026-08-20] Noble Predictive Insights poll corroborates a Hobbs advantage: incumbent Gov. Katie Hobbs (D) holds a commanding lead over her challenger, Rep. Andy Biggs (R), leading among likely voters by 13 points – 48% to 35% , with evidence her ad spending is moving numbers. https://www.noblepredictiveinsights.com/post/katie-hobbs-leads-andy-biggs-in-the-grand-canyon-state - [aggregator, continuously updated] A poll-tracking/model aggregator shows outlet ratings converging toward Hobbs: Cook Political Report Lean D, Decision Desk HQ Lean D, Inside Elections Tilt D, RealClearPolitics Lean D, Sabato's Crystal Ball Lean D , with a polling average of roughly D+4.9 to D+7.7 depending on source. - [structural context] Arizona is one of five Democratic-held governorships in states Trump carried in 2024; Ballotpedia notes this will be one of five Democratic-held governorships up for election in 2026 in a state that Donald Trump won in the 2024 presidential election , making it a nationally watched bellwether toss-up/lean-D seat rather than a safe seat for either party. https://en.wikipedia.org/wiki/2026_Arizona_gubernatorial_election - [longer base rate on party flips in midterms] Sabato's Crystal Ball notes gubernatorial party turnover is historically modest in any one cycle: the four midterms between 2006-2018 all saw the president's party lose at least three net governorships, while years that were more mixed saw smaller levels of change—for instance, Democrats actually netted two governorships in 2022 , suggesting incumbent-party losses are the exception rather than the rule even in adverse environments. https://centerforpolitics.org/crystalball/the-governors-part-two-familiar-battlegrounds-dot-2026-map-but-watch-for-upsets-in-open-seats/ BOTTOM LINE: The outside view strongly favors the incumbent: U.S. gubernatorial incumbents win reelection roughly 70-90% of the time historically (higher in recent decades), Arizona-specific incumbents have an ~82% historical success rate, and Hobbs already overcame a similarly "toss-up"-rated, GOP-leaning environment to win in 2022; combined with 2026 polling and rating shifts moving from Toss-up toward Lean/Likely D, the base-rate and current-trend evidence both point toward a Democratic win being more likely than not, though the race remains competitive enough that major outlets have not called it Safe/Likely D until recently. NOT FOUND: No official AP/Fox/NBC race call has occurred as of the data gathered (election is November 3, 2026, before the November 4 market close); no comprehensive historical base rate specifically for "Democrat flips/holds a Trump-won state's governorship in a midterm" was found as a standalone statistic.
report: yes case
YES means: Katie Hobbs (Democratic incumbent) is declared the winner of the 2026 Arizona gubernatorial race by AP, Fox News, and NBC (or via official certification if they fail to converge), retaining the governorship for Democrats. - [2026-08-06] A previously unreported post-primary poll commissioned by AARP (Fabrizio Ward for Republicans, Impact Research for Democrats) found incumbent Katie Hobbs ahead of Republican challenger Andy Biggs by 8% amongst all likely voters , with independent voters favoring Hobbs over Biggs by a 26-point margin and voters between the ages of 18 and 34 favoring Hobbs by a 54-point margin . (yahoo.com/fox10phoenix.com) - [2026-10-02] Decision Desk HQ's own polling average has Hobbs's lead holding steady at mid-single digits: Hobbs leads Biggs by 7 points, 46%-39% , and the outlet's model makes Hobbs about a 7 in 10 favorite to win in Decision Desk HQ's gubernatorial forecast . (decisiondeskhq.substack.com) - [2026-09-11] Hobbs has built a commanding financial and advertising advantage heading into the stretch: the incumbent governor has spent over $14 million to get her message to voters on TV and streaming screens since late May... outspent Biggs at least 15-to-1 on advertising across platforms , with Hobbs having raised over $16 million in the last 3½ years, compared to Biggs' $3 million since he began his campaign in January 2025 . (tucson.com) - [2026-07-28] National Democrats are reinforcing that financial edge rather than retreating: the DGA is putting $10 million toward Hobbs' reelection, calling Arizona's governor race the closest in the nation , while by contrast Biggs' campaign panned Hobbs for spending big during the primary, calling it "pathetic" that she had only $2.4 million in the bank, compared to his nearly $1.2 million — underscoring the Republican cash disadvantage even as DGA treats the seat as vulnerable, not safe for the GOP to flip. - [2026-09-15] Turnout dynamics may favor Democrats in a non-presidential year given Trump's standing: with many political analysts saying voter enthusiasm is low this year, rallying the base will be key for both candidates... some wonder if Republicans will come out to the polls, especially with Trump's approval rating in the high to mid-30s . (azfamily.com) - [2026-09-29] Prediction-market pricing (a sibling/related market, not this one) showed prediction market Kalshi gave Rep. Andy Biggs a 13 percent chance of beating Gov. Katie Hobbs in the 2026 gubernatorial race , with a finance professor noting "The Hobbs and Biggs numbers in Kalshi are predicting the probability of winning, not anything to do with the vote shares." (yourvalley.net) - [2026-07-22] Structural partisan context favors Democrats statewide: by the time of Biggs' nomination, Democrats now hold both U.S. Senate seats and the top three state offices in Arizona. (pbs.org) - [2026-07-22] Biggs carries baggage from his role in contesting the 2020 election that could depress swing-voter support: he supported Trump's failed attempt to block certification of his 2020 election loss , risking that Republicans are nominating another conservative warrior who excites the party base but fails to win a general election by turning off independents . (pbs.org) - [2026-07-22] Trump-endorsed statewide nominees have a weak recent track record in Arizona generals: no statewide candidate has lost a primary in Arizona with Trump's endorsement, but only former Gov. Doug Ducey has managed to win in the general , meaning Biggs (also Trump-endorsed) fits a pattern of primary-winning, general-election-losing GOP nominees. (newsnationnow.com) - [2026-09-17] Local political commentary synthesizing the polling landscape concluded that the race presently leans toward Hobbs , after noting every recent poll shows Gov. Katie Hobbs leading Congressman Andy Biggs... two local polls placed Hobbs ahead by 13 and 15 points . (azcapitoltimes.com) BOTTOM LINE: Every independent poll since the July primary (AARP, Noble, HighGround, DDHQ average) has shown Hobbs ahead by roughly 7-15 points, she holds an overwhelming fundraising/ad-spending advantage reinforced by a $10M DGA commitment, Arizona Democrats already hold every other top statewide office, and Biggs carries 2020-election-denial baggage that cost similar Trump-endorsed nominees prior Arizona generals — all pointing toward a Hobbs (Democratic) win as the clear most-likely path to YES, contingent mainly on turnout not collapsing for Democrats and no late-breaking scandal reversing the trend. NOT FOUND: No poll conducted after Aug. 19 was located (a gap also flagged by colleagues); no results or analysis from the Oct. 6 Clean Elections debate (scheduled but after this report's cutoff); no post-Oct. 1 fundraising/ad-spend figures.
report: no case
YES means: Andy Biggs (Republican) is declared the winner of the 2026 Arizona gubernatorial election by AP, Fox News, and NBC (or by official certification if they disagree), which causes this market — framed as "Will the Democrats win" — to resolve NO. - [2026-09-11] The Biggs/Arizona GOP coordinated ad buy totals $1.75 million over three weeks and only began after Hobbs had already spent over $14 million on campaign ads - outspending her GOP challenger 15-to-1 , per the Arizona Republic via Veridus — a stark resource gap that Biggs' own campaign conceded can't continue "at the current margins" (veridus.com). - [2026-09-09] As of early September, Biggs had still not aired a traditional TV campaign at all, with Hobbs having spent over $10 million on television advertisements while Biggs' message stayed largely confined to digital/social platforms, prompting intra-party alarm over the "ad gap" (azfamily.com). - [2026-09-11] The national GOP money has not materialized: the Veridus brief notes the DGA has already invested $10 million in securing Governor Hobbs' victory, while the RGA remains mum , meaning Biggs lacks a major outside financial backstop with one month to go. - [2026-10-01] All public polling cited by Cronkite News is stale — none were conducted after Aug. 19 — so the ~87% market pricing is anchored on data that predates Biggs' only meaningful ad spending, leaving room for an unmeasured late shift. - [2026-10-01] Two senior AZ pollsters interviewed expect tightening: HighGround's Paul Bentz said Republicans would consolidate and the margin to shrink -type dynamics are expected, while Noble Predictive's Mike Noble said the race could be brought down into single digits (cronkitenews.azpbs.org). - [2026-10-02/03] Biggs is actively working to control the campaign narrative given Hobbs' refusal to debate: his campaign staged a mock "debate" event on Oct. 2 featuring actor Rob Schneider mocking Democratic Gov. Katie Hobbs for refusing to debate , showing an active (if long-shot) effort to shift free media coverage (ktar.com). - [2026-08-24/09-03] Although AG Kris Mayes' office cleared Hobbs of criminal charges in the Sunshine Residential "pay-to-play" probe, the matter remains politically live: an investigation from the Arizona Auditor General and the Maricopa County Attorney's Office, along with another from an outside firm hired by Arizona House Republicans, are pending , giving Biggs continued attack material through Election Day (axios.com). - [2026-09-29] Biggs' own TV ad, launched with the $1.75M buy, opted to go negative by attacking Governor Hobbs as corrupt, highlighting a State contractor that received a rate increase following a large donation — his central late-race line of attack now reaching voters for the first time (veridus.com). - [2026-10-04] Arizona's structural volatility is well established: Hobbs won in 2022 by under 1 point in an environment most analysts also misjudged, and Arizona is one of five Democratic governorships in a Trump-won state, meaning normal "safe incumbent" assumptions have a recent, direct counter-example in this very race/state. - [2026-10-01] Experts flagged genuine uncertainty about whether prediction-market pricing is well-calibrated for this race: University of Iowa's Thomas Rietz said "The evidence that we have on Kalshi's performance in elections is pretty limited so far... The jury is still out on whether these are accurate," cautioning against treating the ~87% figure as a hard probability. - [2026-10-07] Early voting begins Oct. 7, which the Cronkite News piece frames as giving Biggs little time to turn things around — underscoring that any NO (Biggs win) path requires his underfunded, late-starting campaign to move a 6-15 point gap within roughly four weeks, a very narrow window even optimistic Republican pollsters describe as needing a "miracle." BOTTOM LINE: The strongest NO case rests on a late, well-funded Hobbs financial advantage being only partially tested by polling (all pre-Aug.19), on Biggs' just-begun ad campaign and pending corruption-adjacent investigations still in play, and on Arizona's history (2022) of close, upset-prone governor races — but even sympathetic GOP-aligned pollsters characterize a Biggs comeback as needing to shrink a 6-15 point gap in under a month, which they call a "miracle" scenario rather than a likely one. NOT FOUND: No public poll conducted after Aug. 19, 2026 was located; no reporting confirming whether the Oct. 6 Clean Elections debate (Biggs-only) measurably moved sentiment; no FEC/campaign-finance filings after Q2 2026 showing Biggs' current cash position relative to Hobbs.
3. Forecasters 5 draws · Opus 5.5 + GPT-6 Astra + GPT-5.6 Sol · plain mean
claude-opus-5-5 · high effort
66% conf
Yes 89%
No 11%
(0) Nothing has been resolved. The general election is November 3, 2026. No AP, Fox or NBC call exists, and the resolution source shows only Hobbs (D) vs. Biggs (R) as nominees with Lean/Tilt D ratings. (a) About one month remains, and early voting starts October 7, so the window for movement is shrinking. (b) If nothing changes, Hobbs wins: every post-primary public poll has her ahead, by 8 (AARP), 13 (Noble) and 15 (HighGround), and the DDHQ average puts her up 7. She has outspent Biggs on ads by roughly 15-to-1, the DGA has added $10M, and the RGA has not committed money. (c) NO path: the polls are stale (none after August 19), and Biggs's $1.75M negative ad buy on the Sunshine Residential 'pay-to-play' issue only began recently. Republicans could consolidate, and Arizona's history of razor-thin races (Hobbs won by under 1 point in 2022) could produce a polling miss and a narrow Biggs win. (d) YES path: Hobbs's money and incumbency hold a mid-to-high single-digit lead. Biggs's 2020-election baggage and Trump's weak approval depress the GOP vote, and Hobbs wins as Arizona Democrats have in recent statewide races. The Polymarket anchor is 92%, up from about 87% on both Kalshi and Polymarket on October 1, and I see no new information justifying the latest uptick. DDHQ's model at about 70% and the staleness of the polls argue for a slight shade down, so I settle at 0.89.
claude-opus-5-5 · high effort
66% conf
Yes 88%
No 12%
(0) The race is not resolved. The general election is November 3, 2026, and no AP, Fox or NBC call exists yet. Resolution requires Hobbs (D) to be called the winner over Biggs (R), or to win certification. (a) About one month remains, and early voting starts October 7. (b) Status quo: every public poll since the July primary shows Hobbs ahead, by 8 (AARP), 13 (Noble) and 15 (HighGround) points, with the DDHQ average at roughly D+7. She also outspent Biggs on ads about 15-to-1, the DGA committed $10M, and the RGA has stayed out. If nothing changes, Hobbs wins. (c) NO scenario: polls stale since August 19 are overstating Hobbs. Republicans consolidate behind Biggs's late $1.75M buy and the Sunshine Residential corruption attacks, Hobbs's refusal to debate hurts her, and Arizona's upset-prone history (2022 was decided by under 1 point) produces a narrow Biggs win. (d) YES scenario: Hobbs's money and her lead among independents hold, Trump's low approval depresses GOP turnout, and she wins by mid-single digits. Polymarket sits at 92%, while Kalshi and Polymarket were around 87% a few days earlier and DDHQ's model has Hobbs about a 70% favorite. Given the stale polling and Arizona's competitiveness, I shade slightly below the 92% anchor to 0.88.
gpt-6-astra · high effort
66% conf
Yes 88%
No 12%
No resolving condition is documented: the November 3 election is approximately 30 days away, trading closes November 4 at 04:59 UTC, and the supplied resolution check contains no actual AP, Fox News, or NBC race calls. YES requires those three outlets to agree on the Democratic nominee winning, or official certification if they do not converge; certification can follow trading close, so delayed calls alone would not produce NO. I anchor on Polymarket's live 92% YES price, but reduce it to 88% because Cronkite News reported October 1 that no reviewed poll was conducted after August 19, while Decision Desk HQ's October 2 forecast put Hobbs near 70% despite a seven-point polling-average lead—specific uncertainty that the market's recent rise appears to underweight. If current electoral preferences persist, Hobbs is the likely winner: August Noble and HighGround surveys showed 13–15-point leads, and September reporting documented more than $14 million in advertising and a roughly 15-to-1 spending advantage. Arizona incumbents' historical 14 wins in 17 reelection attempts supports that direction, although current Lean/Tilt Democratic ratings and Hobbs's sub-one-point 2022 victory argue against treating the seat as safe. A NO scenario is Republican consolidation behind Biggs combined with his $1.75 million advertising effort, damaging late developments for Hobbs, and turnout or polling error sufficient to overturn her stale measured lead. A YES scenario is Hobbs retaining her independent-voter advantage and converting her financial and organizational edge into votes as early voting begins October 7. Confidence is moderate because several sources support the same advantage, but fresh polling is missing; I assign little additional settlement risk given the certification fallback, while recognizing that the supplied resolution-source lookup was indirect.
gpt-6-astra · high effort
64% conf
Yes 87%
No 13%
No qualifying winner is documented: the resolution-source tool fetched Wikipedia, Ballotpedia and an old Emerson poll, not the required AP, Fox News or NBC race calls. From October 4, Election Day is 30 days away and trading closes in about 31 days; settlement requires all three outlets to call the same winner or, failing agreement, official certification. I anchor on Polymarket's live 92% Yes price, but lower it to 87% because the research identifies uncertainty that price appears to underweight: Cronkite News reported October 1 that no reviewed poll was conducted after August 19, while DDHQ's October 2 forecast gave Hobbs only about a 70% chance despite a seven-point polling-average lead. Supporting a strong Democratic favorite are August leads across AARP, Noble and HighGround, Hobbs's reported 15-to-1 advertising advantage as of September 11, and Arizona incumbents' historical reelection rate of roughly 82%, although that historical sample is not directly comparable. If current voter preferences persist, Hobbs likely wins, but her present incumbency itself does not satisfy the contract. A NO scenario combines Republican consolidation, Biggs's subsequent $1.75 million advertising effort, effective attacks over the pending investigations, and polling error in a state Hobbs won by less than one point in 2022. A YES scenario has Hobbs retaining her independent-voter advantage and converting her financial edge into turnout as early voting begins October 7, leaving Biggs insufficient time to recover. The missing direct resolution-source reads and stale polling limit confidence; delayed or disputed calls could push settlement to certification, but delay alone would not produce NO.
gpt-5.6-sol · high effort
72% conf
Yes 89%
No 11%
(0) The condition has not been met: the November 3 election has not occurred, and there is no AP, Fox News, or NBC call; Hobbs must win and receive all three calls, or prevail in the official certification, for Yes. (a) About 30 days remain until Election Day and the November 4 market close, with early voting beginning October 7. Polymarket's 92% Yes price is the anchor, but I discount it modestly because every cited public poll predates August 20, major ratings remain Lean/Tilt Democratic rather than safe, and Decision Desk HQ's October 2 model gave Hobbs only about a 70% chance. (b) If the present landscape persists, Hobbs wins: all recent polls put her ahead, the DDHQ average is D+7, and she has a large fundraising and advertising advantage. (c) No occurs if Republican consolidation, Biggs's late advertising, or damaging developments from pending Hobbs-related investigations erase the stale polling lead in a historically close state. (d) Yes occurs if Hobbs's 7-15 point measured advantage and strong independent-voter support survive the final month, with early voting and her overwhelming resource edge limiting Biggs's comeback window.
4. Final plain mean of 5 draws
88% (67% confidence)
Yes: 88% No: 12%
Mean of 5 draws (0.89, 0.88, 0.88, 0.87, 0.89). (0) Nothing has been resolved. The general election is November 3, 2026. No AP, Fox or NBC call exists, and the resolution source shows only Hobbs (D) vs. Biggs (R) as nominees with Lean/Tilt D ratings. (a) About one month remains, and early voting starts October 7, so the window for movement is shrinking. (b) If nothing changes, Hobbs wins: every post-primary public poll has her ahead, by 8 (AARP), 13 (Noble) and 15 (HighGround), and the DDHQ average puts her up 7. She has outspent Biggs on ads by roughly 15-to-1, the DGA has added $10M, and the RGA has not committed money. (c) NO path: the polls are stale (none after August 19), and Biggs's $1.75M negative ad buy on the Sunshine Residential 'pay-to-play' issue only began recently. Republicans could consolidate, and Arizona's history of razor-thin races (Hobbs won by under 1 point in 2022) could produce a polling miss and a narrow Biggs win. (d) YES path: Hobbs's money and incumbency hold a mid-to-high single-digit lead. Biggs's 2020-election baggage and Trump's weak approval depress the GOP vote, and Hobbs wins as Arizona Democrats have in recent statewide races. The Polymarket anchor is 92%, up from about 87% on both Kalshi and Polymarket on October 1, and I see no new information justifying the latest uptick. DDHQ's model at about 70% and the staleness of the polls argue for a slight shade down, so I settle at 0.89.
Pipeline Timing
Total pipeline time: 97.1s
Per-tool research timings shown in the Research section above.