The Prediction Markets

Mamdani opens city-owned grocery store by December 31?

Closes
Jan 1, 2027, in 2 months
Traded
$2K
Venues
Polymarket
Prices updated
3 min ago
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What the markets expect

Yes 5%

Only Polymarket lists this market, so there is no second price to compare.

Yes 5%No 95.1%

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 3 min ago. Ages are as of when this page was built.

  • Polymarket
Yes
5%
Polymarket 5%polled, 3 min agoBest Yes 6.5¢ on Polymarket, $100 pays $1,538 (15.4x)
Polymarket
Contract
Yes
Last price
5%
As of
Polled 3 min ago
Buy Yes
6.5¢
Sell Yes
3.4¢
$100 on Yes pays
$1,538 (15.4x)
Volume
$2K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle, source: nytimes.com

How the odds have moved

The leading outcome on both venues, with the consensus between them. Hover for exact values.

  • Yes

Order books

Each venue’s resting orders for the Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Top of book

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Best ask
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Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

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Cover Yes and No across venues

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.04 × price × (1 − price) per share (politics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Mamdani opens city-owned grocery store by December 31?". Yes leads at 5%. $2K has traded across 1 outcome on Polymarket. The market is expected to resolve by Jan 1, 2027.

Zohran Mamdani has proposed creating city owned grocery stores to combat rising prices (see: https://www.nytimes.com/2024/12/12/nyregion/grocery-stores-city-owned.html). This market will resolve to “Yes” if the City of New York during the Mamdani administration implements a policy under which at least one grocery store that is city-owned and operated is actively open to the public by December 31, 2026, 11:59 PM ET. The policy will be considered to have been implemented if at least one such store is open for regular grocery retail sales to the public by the resolution date. The enactment or announcement of a policy without an operational, open store will not alone qualify. Policies that are blocked, cancelled, or not yet in effect by the resolution date will similarly not qualify. Limited pilots, studies, planning initiatives, or temporary pop-up markets which don’t regularly operate as regular grocery stores do not qualify. Partnerships which include partial city ownership will qualify as long as the store is substantively under City of New York control. Partnerships with non-profit or other operators which don’t include direct city ownership of the store will not qualify. Only stores that are initiated, approved, or opened during Zohran Mamdani’s mayoralty and that are described in credible reporting or official City communications as part of the “city-owned grocery store” initiative associated with his campaign platform will qualify. Grocery stores created by previous or subsequent administrations, or any other government-run or subsidized retail programs that are not reasonably attributable to the Mamdani administration’s city-owned grocery store policy, will not qualify. The resolution source for this market will be a consensus of credible reporting.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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