TOTAL VOLUME:
$142.4b
24H VOL:
$104,871,197
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,592,701,755
469,827
Markets across
35,657
events
MATCHED EVENTS:
2,899
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$
This market tracks the outcome of the 2026 Los Angeles mayoral election, forecasting which candidate will win. Currently, Polymarket and Kalshi, aggregated by PredictionHero, indicate a 54.1% probability that Nithya Raman will win the election, while Karen Bass has a 45.5% probability. Resolution will be based on official results from the City of Los Angeles election authorities. Keep an eye on the primary election results scheduled for March 2026, as they will indicate whether a runoff election will be necessary to determine the next mayor of Los Angeles.
The 2026 Los Angeles mayoral election will be held on June 2, 2026, to elect the mayor of Los Angeles, California. If no candidate receives a majority of the vote, a runoff election will be held on November 3, 2026. This market will resolve according to the candidate that wins the election. The primary resolution source for this market will be a consensus of credible reporting; however, if there is any ambiguity in the results, this market will resolve according to official information from the City of Los Angeles.
If Karen Bass wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes. If Rick Caruso wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes. If Asaad Alnajjar wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes. If Vincent Wali wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes. If Gina Viola wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes. If Rae Huang wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes. If Spencer Pratt wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes. If Austin Beutner wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes. If Nithya Raman wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes. If Adam Miller wins the Los Angeles Mayoral Election in 2026, then the market resolves to Yes.
Prediction market odds often offer a distinct perspective compared to traditional polling. While polls capture stated preferences, this market reflects what individuals are willing to *stake* on an outcome, potentially revealing more genuine beliefs. Polling averages can be influenced by biases or sampling errors, whereas the price action here aggregates the wisdom of the crowd. Discrepancies between prediction markets and polls can emerge due to differing methodologies and the incentives at play. It’s important to consider both sources of information when assessing the likely result of the Los Angeles mayoral race.
Prices on Polymarket and Kalshi can diverge for several reasons. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform has its own user base, trading limits, and fee structure, all of which can influence price discovery. Differences in liquidity – the amount of volume available – can also lead to price discrepancies. Furthermore, the specific market structures on each platform, such as the types of contracts offered, might attract different traders with varying perspectives on the Los Angeles mayoral race. These factors contribute to the dynamic interplay between the two markets.
This market resolves around Jun 2, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. The resolution will be based on the official results announced by the Los Angeles County Registrar-Recorder/County Clerk for the Los Angeles mayoral election. The outcome will reflect which candidate receives the most votes and is officially declared the winner. The ongoing price action reflects traders’ anticipation of this result, and the market will settle to reflect the final, verified outcome.
Several events could significantly shift the odds in this market. Major endorsements from influential figures or organizations, significant fundraising announcements, and impactful debate performances are all potential catalysts. Unexpected scandals or controversies involving any of the candidates could also cause substantial price movement. Changes in the political landscape, such as shifts in voter demographics or key policy debates, could also influence traders’ perceptions. Furthermore, any new polling data released before Jun 2, 2027 will likely be closely watched and incorporated into the market price.