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Politics·South Korea

How many South Korean mayor/governor races will DP win?

icon for How many South Korean mayor/governor races will DP win?
Politics·South Korea

How many South Korean mayor/governor races will DP win?

13 47%

12 22%

11 16%

14 16%

Polymarket
NEW

13 47%

12 22%

11 16%

14 16%

Polymarket
NEW

≤10

$3,717 Vol.

10%

11

$292 Vol.

11%

12

$412 Vol.

22%

13

$749 Vol.

47%

14

$990 Vol.

16%

15

$594 Vol.

5%

≥16

$652 Vol.

1%

South Korean local elections are scheduled to be held on June 3, 2026. This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) during these elections. A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party. South Korea’s upper-level local governments include the following cities and provinces: Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon. If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.Trader consensus on Polymarket favors the Democratic Party (DP) securing 13 out of 17 South Korean mayor and governor races at 35.5%, reflecting polls showing DP leads amid the People Power Party's (PPP) fallout from former President Yoon Suk-yeol's martial law scandal. Recent developments, including candidate registration opening on May 14 and DP leader Jeong Cheong-rae's May 13 call for a "harsh judgment" on PPP, have solidified DP advantages in battlegrounds like Seoul, Busan, and even PPP stronghold Daegu, where a KBS poll gave PPP a narrow edge. With the June 3 election approaching, uncertainties in close races and potential turnout shifts keep outcomes clustered around 11–14 wins, underscoring the competitive nature despite DP's overall edge.

South Korean local elections are scheduled to be held on June 3, 2026.

This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) during these elections.

A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.

South Korea’s upper-level local governments include the following cities and provinces:

Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong

Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.

If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket.

This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
Volume
$7,405
End Date
Jun 3, 2026
Market Opened
May 13, 2026, 6:30 PM ET

Resolver

0x69c47De9D...
South Korean local elections are scheduled to be held on June 3, 2026. This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) during these elections. A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party. South Korea’s upper-level local governments include the following cities and provinces: Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon. If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
South Korean local elections are scheduled to be held on June 3, 2026. This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) during these elections. A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party. South Korea’s upper-level local governments include the following cities and provinces: Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon. If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.Trader consensus on Polymarket favors the Democratic Party (DP) securing 13 out of 17 South Korean mayor and governor races at 35.5%, reflecting polls showing DP leads amid the People Power Party's (PPP) fallout from former President Yoon Suk-yeol's martial law scandal. Recent developments, including candidate registration opening on May 14 and DP leader Jeong Cheong-rae's May 13 call for a "harsh judgment" on PPP, have solidified DP advantages in battlegrounds like Seoul, Busan, and even PPP stronghold Daegu, where a KBS poll gave PPP a narrow edge. With the June 3 election approaching, uncertainties in close races and potential turnout shifts keep outcomes clustered around 11–14 wins, underscoring the competitive nature despite DP's overall edge.

South Korean local elections are scheduled to be held on June 3, 2026.

This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) during these elections.

A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.

South Korea’s upper-level local governments include the following cities and provinces:

Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong

Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.

If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket.

This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.
Volume
$7,405
End Date
Jun 3, 2026
Market Opened
May 13, 2026, 6:30 PM ET

Resolver

0x69c47De9D...
South Korean local elections are scheduled to be held on June 3, 2026. This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) during these elections. A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party. South Korea’s upper-level local governments include the following cities and provinces: Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon. If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. This market will resolve based on the results of the elections as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission.

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Frequently Asked Questions

"How many South Korean mayor/governor races will DP win?" is a prediction market on Polymarket with 7 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "13" at 47%, followed by "12" at 22%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 47¢ implies that the market collectively assigns a 47% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

"How many South Korean mayor/governor races will DP win?" is a newly created market on Polymarket, launched on May 13, 2026. As an early market, this is your opportunity to be among the first traders to set the odds and establish the market's initial price signals. You can also bookmark this page to track volume and trading activity as the market gains traction over time.

To trade on "How many South Korean mayor/governor races will DP win?," browse the 7 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current frontrunner for "How many South Korean mayor/governor races will DP win?" is "13" at 47%, meaning the market assigns a 47% chance to that outcome. The next closest outcome is "12" at 22%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.

The resolution rules for "How many South Korean mayor/governor races will DP win?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.