The contract that resolves to Yes shall be that which identifies the candidate who receives the second greatest number of votes, in the winning round of the Ranked Choice Voting ("RCV") process, in the 2025 Democratic nominating contest for Mayor of New York, NY.
For purposes of this market, the winning round shall be the round of the RCV process in which a candidate first receives greater than half of the votes active in such round.
Candidates who receive the same number of votes shall be ranked in last name alphabetical order for purposes of resolving this market.
PredictIt reserves the right to wait for further official, party, judicial or other relevant announcements, reports or decisions to resolve any ambiguity or uncertainty before the market is settled. Markets may stay open or incur a delay in settlement well past the date of the contest in certain circumstances. If there is any change to an event, or any situation arises, that is not in PredictIt’s view addressed adequately by the market rules, PredictIt will decide the fairest and most appropriate course of action
PredictIt’s decisions and determinations under this rule shall be at PredictIt’s sole discretion and shall be final.