TOTAL VOLUME:
$134.1b
24H VOL:
$133,388,117
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,436,095,462
405,232
Markets across
30,526
events
MATCHED EVENTS:
2,693
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jun 3, 11:21 AM EST
Kalshi
This event tracks when the Associated Press will make its first definitive call for the Los Angeles mayoral primary election scheduled for June 2, 2026, determining either an outright winner or the two candidates advancing to a runoff. The resolution depends on whether AP makes this call within various time windows spanning from election night through the following morning.
On Kalshi, this event is priced as a set of binary outcomes corresponding to different time windows for when the AP will call the Los Angeles mayoral primary. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders buy and sell shares at prices between 0 and 100 cents, where each cent reflects a 1% probability. The most-traded outcome typically reflects the market's consensus on the most likely call window. Prices adjust as traders update their beliefs based on early voting data, reporting procedures, and historical AP call patterns. Kalshi's order book shows real-time bid-ask spreads, allowing traders to enter positions at their preferred price levels throughout the market's duration.
The market resolves on Jun 10, 2026, at which point the outcome is determined by when the Associated Press officially calls the Los Angeles mayoral primary election. Resolution is based on the AP's public announcement timestamp, which is the definitive source for the call time. Each outcome corresponds to a specific time window, and whichever window contains the actual AP call time determines the winning outcome. If the AP has not called the race by the market's end date, a no-call outcome may resolve. The resolution process is objective and verifiable through AP's official records and public statements.
Several factors could shift market odds for this event. Early voting turnout and mail-in ballot return rates affect how quickly vote counts accumulate, influencing when the AP reaches its call threshold. Candidate margins in early reporting can either accelerate or delay a call if one candidate builds an insurmountable lead. Changes to Los Angeles County's vote-counting procedures or staffing levels directly impact reporting speed. National AP policy updates or precedents from other 2026 races could reset market expectations. Breaking news about election administration, legal challenges, or ballot issues may also move prices. Traders continuously reassess based on real-time vote counts and procedural announcements as primary day approaches.