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political forecasts
  The broadsheet of prediction markets  
Election coverage|Upcoming|Election Day

2027 Chicago Mayor Election Odds

Chicago Mayor is the next major municipal race in our coverage.

Odds over time

Filed
Awaiting market data

Live odds will appear here when a market opens on Polymarket or Kalshi. This page auto-updates as data becomes available.

This page tracks the 2027 chicago mayor election across prediction markets. Polymarket typically opens a binary or categorical market for the headline question — who wins — and then adds a cluster of satellite markets: party control, primary winners, vote margins. Kalshi's political-event contracts add CFTC-regulated US access to many of the same questions.

Editorial expansion lives alongside the live odds: historical context, candidate biographies, key calendar dates, and comparisons between Polymarket's implied probability and polling aggregators such as 538, RealClearPolitics, Cook Political Report, and Nate Silver's Silver Bulletin.

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Live markets for this race

Readers Ask

Frequently asked questions

Who is favored to win the 2027 Chicago Mayor Election?+
The Polymarket market for this race has not opened yet or no current favorite is available. Check the live odds above once markets are active.
When is the 2027 Chicago Mayor Election?+
Election day is February 23, 2027.
How accurate is Polymarket for elections?+
Polymarket correctly priced the 2024 US presidential election, showing Trump as favored weeks before Election Day when traditional models still leaned toward Harris. Historical accuracy varies by race; see our track record.
Can I bet on this election in the US?+
Polymarket is not legal for US residents. Kalshi is CFTC-regulated and offers many political-adjacent event contracts legally in all 50 states. Where Kalshi lists this race, we link to it above.
How do I convert Polymarket prices to probabilities?+
A YES share trading at $0.42 implies a 42% probability. See our methodology page for the full explanation of how market prices map to probabilities.
Citations
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