He Made $300,000 Betting on a a Zohran Mamdani Victory

He Made $300,000 Betting on a a Zohran Mamdani Victory

The market said he was wrong. The polls said he was crazy. Then he made $300,000.

Markets

Markets

4 minutes

Jun 5, 2024

In the NYC mayoral primary, most bettors followed the headlines.

Cuomo was polling well. Mamdani looked like a fringe candidate.

But one trader saw through it all.

He goes by RememberAmalek” — and he made $300,000 betting on Zohran Mamdani to win.

Not because he liked the guy.

Because he understood him.

"I realized this guy was brilliant, but a narcissistic sociopath. He knew exactly how to hide it and play the political game."

The polls showed the Zohran trailing by 10 points.

At the time, most Polymarket traders agreed. Mamdani was trading at just 8% odds.

Meanwhile, the establishment candidate, Andrew Cuomo, was the overwhelming favorite at over 70%.

That's when RememberAmalek started loading up.

But Everyone Was Wrong

RememberAmalek watched Mamdani's interviews, studied his speeches, and saw the truth:

Most traders dismissed Mamdani as unelectable.

While everyone else skimmed headlines, RememberAmalek went deep:

  • He researched campaign financing, political history, and polling crosstabs

  • He identified a Marist poll that had Mamdani way behind — but saw it was flawed

  • He dug into internal data and found “a mathematically verifiable way” to prove the poll was wrong

Even when the polls showed Mamdani at 50% he didn't sell - he held his conviction and held onto his shares - netting him over $300,000 in profit.


Click the image to see RememberAmalek's live portfolio

This wasn’t his first big win.

He made over $100,000 on Tim Walz for VP and $500,000 betting on the South Korean election — by spotting a flaw in how the market misunderstood exit polls.

“Exit polling is prohibited in Korea until election day. The market was reacting to numbers based on incomplete data. It was legally impossible for the poll to be accurate.”

He bet against the consensus and won big. But his edge isn’t just in statistics. It’s psychological:

“When news breaks, I wait. I watch how the market reacts. Most people panic and make emotional decisions in five seconds. The best opportunities come when everyone else is panicking.”

What is he betting on now?

Today, his public portfolio is filled with bets on Iran, Somalia, and Bolivia.

He believes the Somali government has a 50-50 chance of falling to al-Shabaab, calling it the Biden admin’s “Afghanistan moment.”

“They only control Mogadishu. Al-Shabaab has 80% rural support now. This is a repeat of the Taliban takeover.”

He’s not just betting the news — he’s anticipating it.

“You can’t trade these markets without understanding the real power structures.”

Your Turn?

RememberAmalek isn’t a hedge fund.

He’s just a guy with an internet connection, real research skills, and the guts to go against the herd.

He bets on Polymarket, a platform where you can trade on anything from elections to invasions to sports

If you’ve ever screamed at the TV, called BS on a poll, or known how something would end before it happened…you’re probably leaving money on the table.

Put that conviction to work.

See RememberAmalek's Live Portfolio

Nothing on this property is financial, investment, legal or any other type of professional advice. Anything provided on this page is for informational purposes only and is not meant to be an endorsement of any type of activity or any particular market or product. Terms of Service on polymarket.com prohibit US persons and persons from certain other jurisdictions from using Polymarket to trade, although data and information is viewable globally.

See RememberAmalek's Live Portfolio

Nothing on this property is financial, investment, legal or any other type of professional advice. Anything provided on this page is for informational purposes only and is not meant to be an endorsement of any type of activity or any particular market or product. Terms of Service on polymarket.com prohibit US persons and persons from certain other jurisdictions from using Polymarket to trade, although data and information is viewable globally.

See RememberAmalek's Live Portfolio

Nothing on this property is financial, investment, legal or any other type of professional advice. Anything provided on this page is for informational purposes only and is not meant to be an endorsement of any type of activity or any particular market or product. Terms of Service on polymarket.com prohibit US persons and persons from certain other jurisdictions from using Polymarket to trade, although data and information is viewable globally.

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