economy

Will Khathutshelo Rasilingwane be the next mayor of Ekurhuleni?

PlatformPolymarket Expires2026-11-05 Volume$9,598 Open Interest$18,965
YES
Implied probability: 7.8%
NO
92¢
Implied probability: 92.2%
30-DAY PROBABILITY HISTORY Low 7¢ · High 7¢ · Δ +0.0pp
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YES Price
NO Price
92¢
Total Volume
$9,598
Open Interest
$18,965
Expiration
2026-11-05
Days Left
56
About this market

What resolves this contract

Municipal elections are currently scheduled to be held in South Africa on November 4, 2026. Ekurhuleni’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 Ekurhuleni following the 2026 South African municipal elections. A qualifying individual must be elected mayor by the Ekurhuleni City Council. Temporary, interim, or placeholder mayors appointed before the election will not be

How to read the price

Prediction market prices are expressed in cents on the dollar. A YES contract trading at means the market is pricing in a 7.8% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.

Volume vs. open interest

Total traded volume ($9,598) reflects every buy and sell across the life of this contract. Open interest ($18,965) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.

Where to trade this market

This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.

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FAQ

Common questions about this market

How is this market resolved?

Municipal elections are currently scheduled to be held in South Africa on November 4, 2026. Ekurhuleni’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 Ekurhuleni following the 2026 South African municipal elections. A qualifying individual must be elected mayor by the Ekurhuleni City Council. Temporary, interim, or placeholder mayors appointed before the election will not be

When does this contract expire?

This contract closes on 2026-11-05, 56 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).

What happens if I buy YES at 7¢?

If the event resolves YES, each YES contract pays $1, a profit of 92¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 7¢ is lost. Current market price implies a 7.8% probability of YES.

Where is this market listed?

This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.

How reliable is the quoted price?

This market has $9,598 in total traded volume and $18,965 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.

Disclaimer: Prediction market data on this page is sourced from public order books. Prices change continuously; figures shown here reflect the last refresh at 2026-09-10. Nothing on this page constitutes investment or betting advice.
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