Will Mareldia Chowglay be the next mayor of Cape Town?
BUY YES
- Cost
- 0.2¢
- Implied chance
- 0.2%
- Return if right
- 49900.0%
- Spread cost
- 25%
If you put in $100
You get 50000.0 shares at 0.2¢ each.
YES wins: $50000.00 back, a profit of $49900.00. YES loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $16666.67 of that profit. Without it you would make $66566.67.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy YES on Polymarket
BUY NO
- Cost
- 99.9¢
- Implied chance
- 99.9%
- Return if right
- 0.1%
- Spread cost
- 33%
If you put in $100
You get 100.1 shares at 99.9¢ each.
NO wins: $100.10 back, a profit of $0.10. NO loses: $0.00, and the whole $100 is gone.
The gap between buyers and sellers takes $0.05 of that profit. Without it you would make $0.15.
Assumes the whole order fills at this price. A large order eats into the book and averages worse.
Buy NO on Polymarket
- Mareldia Chowglay0.1%
- Geordin Hill-Lewis94.5%
- Cheslyn Steenberg2.2%
- Nontando Nolutshungu2.8%
- Roger Solomons2.3%
- Dereleen James1.9%
Latest: Aug 25, 06:26 AM4 further outcomes not shown
Latest news
headlines link to their publishersHeadlines are matched on the names in “Will Mareldia Chowglay be the next mayor of Cape Town?”. Nobody checks them by hand, so one may not be relevant. They also say nothing about whether the price has already moved on this news.
How this market resolves
Municipal elections are currently scheduled to be held in South Africa on November 4, 2026. Cape Town’s mayor will be elected by the newly constituted council at its inaugural meeting, which is expected to be held within 14 days of the municipal election, by November 18, 2026. This market will resolve to the first individual who officially assumes the role of Mayor of Cape Town following the 2026 South African municipal elections. A qualifying individual must be elected mayor by the Cape Town City Council. Temporary, interim, or placeholder mayors appointed before the election will not be considered. If the result of this election isn't known by June 30, 2027, 11:59 PM ET, the market will resolve to "Other". The primary resolution source for this market will be official information from the government of South Africa, including the Electoral Commission of South Africa (https://elections.org.za); however, a consensus of credible reporting may also be used.
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