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You know things are getting crazy when people start betting on a mayoral election like it’s the Super Bowl.
That’s exactly what’s happening in New York City right now the 2025 mayoral race is heating up, and online betting markets are going wild over it. Yeah, that’s right. Real money is being placed on whether Andrew Cuomo makes his political comeback, whether Zohran Mamdani pulls off a progressive surprise, and whether Eric Adams crashes out altogether.
Welcome to the most unpredictable race NYC’s seen in a minute.
Who’s Actually Running?
Let’s lay out the battlefield real quick. The Democratic primary is where the real fight is happening. Here are the names grabbing the spotlight:
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Andrew Cuomo – Yep, that Cuomo. After resigning back in 2021, he’s trying to stage a full-blown comeback. And guess what? The betting markets say he’s the frontrunner.
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Zohran Mamdani – A rising progressive star backed by younger, left-leaning voters and grassroots organizers.
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Brad Lander – NYC Comptroller, respected by some but polling behind the big names.
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Jumaane Williams, Scott Stringer, and others are also floating, but the main buzz is around Cuomo vs Mamdani.
And then there’s Eric Adams, the current mayor… technically still in the game, but his approval rating is in the toilet and he might not even make it to November on the Democratic line.
🔮 NYC Mayoral Race 2025 – Live Betting Odds
Candidate | American Odds | Implied Probability | Status |
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Andrew Cuomo | -250 | 71% | ↑ Rising |
Zohran Mamdani | +300 | 25% | ↑ Climbing |
Brad Lander | +2000 | 4.8% | ↓ Flat |
Eric Adams | +8000 | 1% | ↓ Dropping |
So Why Are People Betting on It?
Believe it or not, sites like BetOnline.ag and even prediction markets like Kalshi are listing odds for the NYC race and folks are actually placing real money on who they think will win.
Here’s a rough look at where the odds sit:
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Andrew Cuomo: −250 (around 71% chance to win)
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Zohran Mamdani: +300 (25% chance and rising)
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Brad Lander: +2000 (long shot)
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Eric Adams: as high as 16/1 on some books
Now, these odds don’t guarantee anything. They’re not polls. They’re based on where bettors are putting their cash and sometimes, betting markets are way ahead of what the media’s saying.
Cuomo’s Comeback Is Real (At Least on Paper)
Let’s be honest: a few years ago, nobody thought Cuomo would even show his face in politics again. After the scandals, the resignation, the media chaos it looked like his career was toast.
But this is NYC we’re talking about. People have short memories and strong opinions.
Cuomo’s campaign is banking on two things:
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Voter fatigue with progressives AND Adams
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A belief that he’s “experienced” and can handle the job better than the alternatives
He’s got name recognition, a deep network, and like it or not momentum.
But Mamdani’s Surge Is Real Too
On the flip side, Zohran Mamdani isn’t just a random challenger. The guy’s been building real grassroots support for years. He’s part of that new wave of Democratic Socialists in NYC, alongside names like AOC and Tiffany Cabán.
Progressive voters especially younger ones are fired up, and they’ve been making noise online and in community spaces. Betting markets still have Cuomo on top, but Mamdani’s odds are tightening. And if he overperforms in the primary, this race could flip fast.
Plus, don’t underestimate New York’s appetite for change. Especially after what Adams has put the city through.
What’s Going on With Eric Adams?
Adams is not in a great spot. His approval ratings are floating somewhere around 20–29%, depending on which poll you look at. Between the investigations, controversial policing policies, and just a general sense that he’s not really in control even his own party is distancing itself.
Some betting markets even opened odds on whether he finishes his term (and the odds weren’t looking good).
He’s still in the race for now but nobody’s betting big on him.
Do Betting Markets Even Matter?
Here’s the thing betting odds don’t equal reality. They’re not scientific polls. They’re just reflections of where money is moving.
But sometimes? They can signal shifts early. If Cuomo’s odds tighten more, it means confidence in his campaign is building. If Mamdani’s odds start jumping up, it means progressives might be rallying behind him harder than expected.
It’s like a stock ticker for public sentiment emotional, fast-moving, and often more honest than cable news.
What to Watch Before the Primary
The Democratic primary is June 25, and honestly? It’s going to be wild.
Cuomo has the machine behind him, Mamdani has the movement, and Adams is hanging on for dear life. Betting markets give us a glimpse of what people expect, but the real story will play out in the streets, in the boroughs, and in that voting booth.
Whatever happens, this race is bigger than just one city it’s about whether old-school power still holds up against a new generation that’s tired of waiting.