Bet Market supports radical leftist mum ticks more than New York mayor Cuomo
Kalshi co-founder Tarek Mansour says the company wants to give people what they want in the “Kraman Countdown.”
The main decision on who will become New York City’s next top mayoral candidate is scheduled to be made Tuesday, with millions of Americans leaning on election chances.
Event contract platform Kalshi recently launched market forecasts for multiple NYC election-related prompts, including who will reign at the top of Democratic mayoral candidates and winners across the race.
The 2025 race for the mayor of New York City is tightening. Former Governor Andrew Cuomo’s lead has been shrinking within a week of key primary. The vote was shown. Zohran Mamdani, a 33-year-old democratic socialist national assembly member from Queens, ranks second in the poll.
As of Tuesday morning, Karshi had a 56% chance of winning the Democratic nomination against Mamdani this year, and a 44% chance of Cuomo. According to Kalshi’s website, bettors poured over $8 million into the volume of the total series.
Buying a “Yes” share on Mamdani costs around $0.57, while a “No” share is $0.46. Cuomo’s “Yes” shares can be purchased for around $0.46 and “No” shares for $0.56.
Kalshi Market Bettors is buying the last shares before the NYC mayoral primary ends on Tuesday, June 24th, 2025 at 9pm. (Getty Images)
One Kalshi user posted in the comments section that when a Democratic candidate made a return of $1,968.96, a $984.75 investment in Mamdani was confirmed.
Another forecast market asks bettors who govern as winners of the New York mayoral election between Democrats, Republicans or current Mayor Eric Adams. Eighty-two percent of bettors predict that Democrats will win, with 12% for Eric Adams and 7% for Republicans.
Next Trump border emperor Tom Homan discusses his plan to find and deport criminal immigrants in “Varney & Co.”
Due to the massive consensus of the Democratic candidate who won the Blue City election, buying a “yes” share is $0.83 and a “no” share is $0.19.
In general, forecast markets such as Kalshi and other platforms such as Polymarket and Predictit allow users to trade results of future events with Yes-No questions. Individual transactions range from $0 to $1, and if an event occurs, the contract pays $1.
The main vote will be held until 9pm Tuesday, but more than 384,000 Democrats voted early and ended Sunday.
Click here to get your Fox business on the go
“Making Money” host Charles Payne criticizes Wall Street’s pessimistic view of the stock market.
The winner of the Democratic primary is traditionally seen As an overwhelming front runner During the November general election in a city controlled by the Democratic Party.
But this year, the general election campaign may be a little more predictable with incumbent Adams running for reelection as an independent, and his recognition as he sinks to his historic lows.
Report.