New York Mayor Election (Live Updates): Mamdani’s Odds Reach 95% On Betting Sites

ByAntonio Pequeño IV,

Forbes Staff.

Democratic New York State assemblymember Zohran Mamdani’s odds of winning the New York City mayoral race reached at least 95% in multiple betting markets Tuesday, hours before polls close on the race between him, former New York Gov. Andrew Cuomo and Republican nominee Curits Sliwa.

8:40 p.m. ESTMamdani’s odds on prediction market Kalshi rose to 95%, while Polymarket showed a 97% chance for the self-described democratic socialist to become the next mayor.

6 p.m. ESTVoter turnout in New York City reached over 1.8 million, the city’s highest in a mayoral election turnout since 1993, according to The New York Times, which noted turnout is on pace to surpass 2 million votes.