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Will a court block NYC's horse-carriage ban? on Kalshi
If any federal or state court issues a temporary restraining order, preliminary or permanent injunction, stay, vacatur, or judgment that blocks, enjoins, annuls, or declares invalid any part of New York City's ban on horse-drawn carriages passed by the City Council on October 22, 2026 (Int. No. 943-A, Romanch's Law) in a case challenging New York City's horse-drawn carriage ban before Jan 1, 2028, then the market resolves to Yes.
Settles on: CourtListener, PACER (Public Access to Court Electronic Records), New York State Unified Court System, Reuters, the Associated Press.
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 30¢ | 1.5¢ | $2.45 | 31.5% |
| 50¢ | 1.8¢ | $1.75 | 51.7% |
| 60¢ (now) | 1.7¢ | $1.40 | 61.7% |
| 70¢ | 1.5¢ | $1.05 | 71.5% |
| 90¢ | 0.6¢ | $0.35 | 90.6% |
Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Will a court block NYC's horse-carriage ban before 2028? · Before Jan 1, 2028 | 60¢ | 60% | 1.7¢ | — | 80% | 395 | Jan 01, 04:59 UTC |
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
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