Market Context by Polymarket
The Will NYC fully reopen by July 1? market on Polymarket prices the likelihood of each possible outcome as an implied probability. Yes currently leads at 100%, ahead of No at 0%. The market resolves on 1 July 2021.
Cumulative volume on this market is $351K. You can explore live prices, the full outcome list and trader positioning in the analytics above.
How this market resolves?
This is a market on whether New York City will meet Mayor Bill de Blasio’s target to “fully reopen” by July 1, 2021. This market will resolve to “Yes” if at any time before July 1, 2021, 12:00 AM ET, an official announcement is made by the City of New York which has the effect of allowing all of the following to reopen at full capacity: restaurants, stores, shops, offices, hair salons, barber shops, gyms, arenas, stadiums, theaters, and museums. All of the previously listed establishments and venues must be allowed to reopen at full capacity for this market to resolve to “Yes”. Reopening at full capacity will mean the establishments and venues listed above have no COVID-related capacity limits (i.e. they are able to return to their pre-COVID capacity limits), and no requirements for patrons or employees to physically distance from each other. This market will still resolve to “Yes” if the establishments and venues listed above reopen at full capacity, but such a reopening is restricted to only a subset of people who meet certain requirements--for example, they are fully vaccinated or have had a negative covid test within the last 72 hours. This market will resolve to “Yes” if the previously listed venues reopen at full capacity, but there are still requirements to wear masks indoors. Otherwise, if the criteria for this market to resolve to “Yes” are not met by the resolution date, this market will resolve to “No”. For the purpose of this market, an official announcement will include updates to official New York City webpages (e.g. https://www1.nyc.gov/site/coronavirus/index.page), and/or press releases or other statements to the press or public from the Office of the Mayor of New York City (https://www1.nyc.gov/office-of-the-mayor/news.page). In the event of ambiguity in terms of the market outcome, the market will be resolved in good faith at the sole discretion of the Markets Integrity Committee (MIC). Update: - The reopening announcement must come from NYC or the Mayor’s Office. A reopening announcement by only the State of New York or the Governor’s Office will not count. - This market concerns whether, before July 1, 2021, NYC will announce that a full reopening (as defined in the rules) is allowed on or before July 1, 2021, not whether the City or its businesses will implement such a reopening on or before July 1, 2021. - If the reopening requires physically distancing, for either vaccinated or unvaccinated people, this market will resolve to “No.”
Frequently Asked Questions
What are the current Polymarket odds for Will NYC fully reopen by July 1??
Yes leads at 100%, followed by No at 0%. Odds reflect live trading on Polymarket.
Who is the favourite on NYC fully reopen by July 1??
Yes, at 100% implied probability.
How does the Will NYC fully reopen by July 1? market resolve?
The market resolves on 1 July 2021. Shares in the winning outcome settle at $1.00; all others settle at $0.00. See How this market resolves? above for the official resolution rules.
How much money is on NYC fully reopen by July 1??
$351K has traded cumulatively on this market across 2 outcomes.
Can I see who is betting on NYC fully reopen by July 1??
Yes. Polymarket trades are on-chain, so positions are public. Use the holders and traders views on this page to inspect wallets active in this market.
How accurate are Polymarket odds?
Prediction markets tend to be sharper than polls when volume is healthy, because traders lose money for being wrong. Thin markets with little trading are less reliable — treat those prices as a signal, not a certainty.