Louisiana Republican Senate primary: margin of victory
Short Answer
1. Executive Verdict
- Donald Trump endorsed Julia Letlow, making her a credible challenger.
- Trump did not rally for Letlow before March 2026.
- Louisiana GOP unlikely to endorse a challenger against Cassidy.
- Cassidy likely benefits from a significant fundraising advantage.
- No specific favorability data for Cassidy among independents available.
Who Wins and Why
| Outcome | Market | Model | Why |
|---|---|---|---|
| Bill Cassidy, 9%+ | 1.0% | 4.1% | Senator Cassidy's strong incumbent support and likely fundraising advantage secure a decisive victory. |
| Bill Cassidy, 3-6% | 1.0% | 8.1% | Cassidy's incumbent status and LAGOP support provide a comfortable, but not overwhelming, lead. |
| Bill Cassidy, 6-9% | 6.7% | 13.9% | Strong incumbent backing and likely fundraising success give Senator Cassidy a clear margin of victory. |
| Bill Cassidy, 0-3% | 7.8% | 10.4% | Julia Letlow's Trump endorsement creates a highly competitive race, narrowing Cassidy's victory. |
| Julia Letlow, 6-9% | 17.0% | 9.6% | Donald Trump's endorsement for Letlow strongly mobilizes voters, leading to a significant win. |
2. Market Behavior & Price Dynamics
Historical Price (Probability)
3. Significant Price Movements
Notable price changes detected in the chart, along with research into what caused each movement.
📉 April 24, 2026: 50.0pp drop
Price decreased from 89.0% to 39.0%
Outcome: Julia Letlow, 3-6%
📈 April 22, 2026: 65.0pp spike
Price increased from 24.0% to 89.0%
Outcome: Julia Letlow, 3-6%
4. Market Data
Contract Snapshot
The market resolves to YES if Julia Letlow's margin of victory in the first round of the 2026 Louisiana Republican Senate primary is between 3% and 6%, inclusive of 3% but exclusive of 6%. Conversely, it resolves to NO if the margin falls outside this specified range. Settlement occurs only after results are officially certified by the Louisiana Secretary of State, with no rounding applied to the calculated margin. The market opened on March 19, 2026, and will close early upon official certification or by May 16, 2027, at 10:00 am EDT.
Available Contracts
Market options and current pricing
| Outcome bucket | Yes (price) | No (price) | Last trade probability |
|---|---|---|---|
| Julia Letlow, 3-6% | $0.31 | $0.74 | 28% |
| Julia Letlow, 6-9% | $0.16 | $0.87 | 17% |
| Julia Letlow, 0-3% | $0.15 | $0.88 | 15% |
| Julia Letlow, 9%+ | $0.15 | $0.90 | 14% |
| John Fleming, 0-3% | $0.12 | $0.95 | 10% |
| Bill Cassidy, 0-3% | $0.07 | $0.97 | 8% |
| Bill Cassidy, 6-9% | $0.05 | $1.00 | 7% |
| Bill Cassidy, 3-6% | $0.02 | $1.00 | 1% |
| Bill Cassidy, 9%+ | $0.01 | $1.00 | 1% |
| John Fleming, 3-6% | $0.03 | $0.99 | 1% |
| John Fleming, 6-9% | $0.02 | $0.99 | 1% |
| John Fleming, 9%+ | $0.03 | $0.99 | 1% |
Market Discussion
Limited public discussion available for this market.
5. Did Donald Trump Rally for Julia Letlow Before March 1, 2026?
| Trump Endorsed Julia Letlow | Yes, on or before January 20, 2026 [^] |
|---|---|
| Single Challenger Endorsed | Yes, Julia Letlow (no endorsement found for John Fleming) [^] |
| Campaign Rally Before March 1, 2026 | No information available in the provided sources [^] |
6. Who Is Bill Cassidy's Top-Funded Republican Challenger for 2026?
| Bill Cassidy Louisiana Donors | At least 497 unique individuals [^] |
|---|---|
| Cassidy Donation Period | January 1, 2023 - December 31, 2023 [^] |
| Top Republican Challenger Identified | Not identified for 2026 U.S. Senate race [^] |
7. Will Louisiana Republican Party Endorse a Challenger Against Senator Cassidy?
| LAGOP Primary Stance | Likely to stay out of the contest [^] |
|---|---|
| Party Endorsement Rules | Generally prohibit primary endorsements [^] |
| Exceptions Requirement | Supermajority vote by State Central Committee [^] |
8. What is Bill Cassidy's 2025 Favorability Among Democrats and Independents?
| Democrat/Independent Favorability (2025) | Not explicitly detailed in provided research [^], [^] |
|---|---|
| Republican Approval (February 2025) | Positive [^] |
| Louisiana Republican Approval | 69% (Cassidy campaign website) [^] |
9. Why Was Web Research Temporarily Unavailable for This Question?
| Research Status | Web research is temporarily unavailable |
|---|---|
| Data Extraction | Failed |
| Key Findings Availability | None provided due to error |
10. What Could Change the Odds
Key Catalysts
Key Dates & Catalysts
- Expiration: May 16, 2027
- Closes: May 16, 2027
11. Decision-Flipping Events
- Trigger: Catalyst analysis unavailable.
13. Historical Resolutions
No historical resolution data available for this series.
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