**Joe Strada leads the FL-11 Republican primary market at 75.5% trader-implied probability ahead of the August 18 vote, reflecting his dominant fundraising and endorsement edge in this open-seat contest to replace retiring incumbent Daniel Webster.** Strada, a businessman who self-funded over $5 million and spent roughly $3 million through late July, has secured high-profile backing from House Majority Leader Steve Scalise, House Judiciary Chair Jim Jordan, Florida Attorney General James Uthmeier, and several sheriffs. This resource advantage has enabled heavy advertising and grassroots outreach in the solidly Republican district. Carey Baker, a former Lake County property appraiser and the main rival at 22.5%, draws local name recognition and some establishment support but trails significantly in spending and momentum. Minor candidates including Tim Wilkins, Ivette Palomo, and Nizam Razack register negligible odds. Recent candidate forums and attack ads between the top two have not altered the consensus that Strada’s financial and organizational edge positions him as the frontrunner in the final days.