NYC election Polymarket contract
A Polymarket contract related to the NYC election has seen a decline of nearly $1 million due to betting against candidate Mamdani. This significant loss marks a major shift for investors who anticipated a different outcome in the election. As the political landscape evolves, bettors on Polymarket are reassessing their positions and strategies. The decline raises questions about the market’s ability to accurately predict election results and reflects the unpredictable nature of political betting. Investors are now moving in response to these changes, highlighting the volatility inherent in such markets.
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Last updated on November 5th, 2025 at 05:30 am
