Implied probability
A by-election for the United Kingdom parliamentary constituency of Clacton is expected to be held soon following the announced resignation of incumbent Nigel Farage. This market will resolve according to the share of valid votes Nigel Farage wins in the Clacton parliamentary by-election. If the reported value falls exactly between two brackets, then this market will resolve to the higher range bracket. If the specified candidate does not compete or the results of the specified election are not known definitively by June 30, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. The resolution source for this market will be a consensus of credible reporting. In case of ambiguity, this market will resolve solely based on official election results as published by Tendring District Council (https://www.tendringdc.gov.uk/) and the UK Parliament (https://www.parliament.uk/).
Implied price = pool share. Winners split the total pot pro-rata to stake when the market resolves, minus a 2% protocol fee.