A Strange Bet in a Stranger Time So here's what happened. Mamdani, the socialist mayor-elect of NYC, just won the vote and hasn’t even warmed his seat. But on prediction markets like Kalshi and Polymarket, traders are placing real money on the chance he’ll be deported before the year’s out. As of now, Kalshi has it at a 3% chance, and Polymarket puts it even lower, around 1%. Peanuts, right? Sure — but the fact that this bet exists at all says more than the odds suggest. Let’s be clear: Mamdani’s a naturalized U.S. citizen. Born in Uganda, yes, but he's been legit since 2018. And yet, here we are — in a time when the question of citizenship, legitimacy,…
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