This market resolves to "Yes" if Ted Cruz or another representative of the Republican party is sworn in as a Senator of Texas for the term beginning in 2025. The resolution criteria are tied to the outcome of the November 5, 2024, election, with the decision ultimately made by local, state, and federal governments. If the market is called by major news organizations before Election Day, it may resolve early. The market considers a candidate's party affiliation at the time of nomination or ballot listing as definitive. The resolution source for this market is the Associated Press, Fox News, and NBC, with the market resolving once all three sources call the race for the same candidate.