TOTAL VOLUME:
$154.3b
24H VOL:
$228,458,490
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,879,276,037
410,833
Markets across
40,345
events
MATCHED EVENTS:
4,363
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 29, 8:15 PM EST
Polymarket
Description
Local government elections are scheduled to be held across Tasmania on October 27, 2026. This market will resolve according to the candidate who becomes the next Mayor of the City of Burnie as a result of this election. Temporary, interim, or placeholder mayors appointed before the election will not be considered. If the result of this election isn't known by March 31, 2027, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election, as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as declared by the Tasmanian Electoral Commission (https://www.tec.tas.gov.au/).
Polymarket
Local government elections are scheduled to be held across Tasmania on October 27, 2026. This market will resolve according to the candidate who becomes the next Mayor of the City of Burnie as a result of this election. Temporary, interim, or placeholder mayors appointed before the election will not be considered. If the result of this election isn't known by March 31, 2027, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election, as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as declared by the Tasmanian Electoral Commission (https://www.tec.tas.gov.au/).
Frequently asked questions
On Polymarket, the price of shares in this market is determined by traders expressing their views on the outcome of the Burnie mayoral election. These traders are essentially betting on who will win, and their collective actions establish the probabilities for each candidate. The market utilizes a mechanism where buying shares increases the implied probability of an outcome, while selling shares decreases it. This dynamic pricing reflects the evolving expectations of participants regarding the election. The current volume of $13,780 shows overall market engagement.
This market resolves around Oct 28, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The market will reflect the official results announced by the Burnie City Council following the mayoral election. The candidate who receives the most votes, as certified by the official election authorities, will be considered the winner, and shares in that outcome will pay out. The total volume traded in this market is currently $13,780.
Numerous signals could influence this market leading up to its resolution. Any significant developments in the campaigns of the candidates for the Burnie mayoral election, such as fundraising reports or shifts in campaign strategy, could move the market. Unexpected endorsements from prominent figures or organizations could also have a substantial impact. Furthermore, the release of new polling data, particularly if it contradicts existing expectations, is likely to cause price adjustments. This market will resolve around Oct 28, 2026.
