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Should there be a dispute, the rules provided will control over the answer to the question itself. While, the question is intended to provide an easy way for people to bet on their beliefs, it is not the end all be all, and all traders should look at the rules. Please don't hesitate to ask clarifying questions in the comments. In the unlikely event of significant ambiguity regarding whether the resolution criteria have been met. I reserve the right to resolve a question to a percentage that I deem fair. I will give notice before I do this.
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Background Pete Buttigieg, former U.S. Secretary of Transportation and presidential candidate is reportedly considering a run for Michigan's Senate seat in 2026. This follows Senator Gary Peters' announcement that he will not seek reelection. Buttigieg, who recently moved to Michigan with his family, has been "taking a serious look" at running according to multiple media reports.
Resolution Criteria This market will resolve YES if Pete Buttigieg makes an official announcement or files paperwork declaring his candidacy for the 2026 Michigan Senate race before October 1, 2025. The announcement must come directly from Buttigieg or his official campaign team.
The market will resolve NO if:
Buttigieg explicitly states he will not run
There has been no announcement by October 1, 2025
Buttigieg announces a run for a different office
Considerations
Exploratory committees or "testing the waters" activities do not count as an official announcement
Media speculation or reports from unnamed sources will not count toward the resolution
If Buttigieg makes an announcement but later withdraws from the race, the market will still resolve YES as long as the initial announcement occurred before October 1, 2025
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Statement on Liquidity:
If traders on this market independently add Ṁ225 of liquidity to this market, I will upgrade this market to Plus status