Prediction markets favor Democrats in New York, New Jersey, Virginia Election Day races

Traders on the prediction-market platform Kalshi are now assigning a meaningful probability to the scenario in which all three major Election Day winners come from the Democratic Party.The prediction market platform reflects speculative wagers, not how voters will actually cast their ballots on Nov. 4.Traders place the odds of cemocratic socialist Zohran Mamdani winning the New York mayoral race at 92% while former Gov. Andrew Cuomo, who is running as an Independent, follows as the next most likely contender, with Kalshi bettors assigning him an 8% chance of clinching the city’s top office. Me