New York Mayor's Upset: $1M Loss & $188K Gain
Update: 2025-11-05
Description
In a stunning political upset, Zohran Mamdani became New York City's mayor, sparking a record-breaking $424 million in betting on Polymarket. A new trader, 'fuxfux zero zero seven,' lost nearly $1 million by betting against Mamdani, while 'debased' won $188,487 by betting in his favor. Despite controversy over potential manipulation, Polymarket accurately predicted the election's outcome, offering a guaranteed 5% interest to those who bet on Mamdani in the days leading up to the polls.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
