Spencer Pratt, a nonpartisan candidate in the June 2, 2026, Los Angeles mayoral primary, finished third behind incumbent Karen Bass and Nithya Raman after initial election-night leads eroded during extended mail-in ballot counting that gave Raman a roughly 3.5% edge. Pratt released a June 12 video acknowledging the campaign phase of his effort had ended without challenging certified results or endorsing external fraud allegations, though he pledged ongoing criticism of the runoff candidates and hinted at future actions. Trader sentiment reflects this apparent concession timing amid a nonpartisan top-two system, with resolution hinging on whether his statements meet the market's specific concession criteria before any deadline. No further vote challenges or official reversals have emerged in the days since.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$18,001 Vol.
Jun 16, 2026
June 15
39%
July 2
61%
$18,001 Vol.
June 15
$10,033 Vol.
39%
July 2
$3,265 Vol.
61%
This market will resolve to "Yes" if Spencer Pratt concedes in the 2026 Los Angeles mayoral elections by the listed date (Pacific Time). Otherwise, this market will resolve to "No".
A concession is defined as an unambiguous public statement that acknowledges that the candidate lost the 2026 Los Angeles mayoral elections, will not be the next Mayor of Los Angeles, or acknowledges the victory of an opponent. If a candidate makes these acknowledgements while also claiming that the election was rigged or that there was fraud, this will still qualify as a concession.
Any public statement from this candidate written or verbal will qualify. Speeches in which this candidate begins speaking within the time frame of this market will qualify, even if their declaration of concession falls outside the market’s timeframe.
Only public statements from this candidate will qualify. Reports of private conversations, e.g. if the candidate called the victor and conceded over the phone, will not count.Spencer Pratt, a nonpartisan candidate in the June 2, 2026, Los Angeles mayoral primary, finished third behind incumbent Karen Bass and Nithya Raman after initial election-night leads eroded during extended mail-in ballot counting that gave Raman a roughly 3.5% edge. Pratt released a June 12 video acknowledging the campaign phase of his effort had ended without challenging certified results or endorsing external fraud allegations, though he pledged ongoing criticism of the runoff candidates and hinted at future actions. Trader sentiment reflects this apparent concession timing amid a nonpartisan top-two system, with resolution hinging on whether his statements meet the market's specific concession criteria before any deadline. No further vote challenges or official reversals have emerged in the days since.
This market will resolve to "Yes" if Spencer Pratt concedes in the 2026 Los Angeles mayoral elections by the listed date (Pacific Time). Otherwise, this market will resolve to "No".
A concession is defined as an unambiguous public statement that acknowledges that the candidate lost the 2026 Los Angeles mayoral elections, will not be the next Mayor of Los Angeles, or acknowledges the victory of an opponent. If a candidate makes these acknowledgements while also claiming that the election was rigged or that there was fraud, this will still qualify as a concession.
Any public statement from this candidate written or verbal will qualify. Speeches in which this candidate begins speaking within the time frame of this market will qualify, even if their declaration of concession falls outside the market’s timeframe.
Only public statements from this candidate will qualify. Reports of private conversations, e.g. if the candidate called the victor and conceded over the phone, will not count.
A concession is defined as an unambiguous public statement that acknowledges that the candidate lost the 2026 Los Angeles mayoral elections, will not be the next Mayor of Los Angeles, or acknowledges the victory of an opponent. If a candidate makes these acknowledgements while also claiming that the election was rigged or that there was fraud, this will still qualify as a concession.
Any public statement from this candidate written or verbal will qualify. Speeches in which this candidate begins speaking within the time frame of this market will qualify, even if their declaration of concession falls outside the market’s timeframe.
Only public statements from this candidate will qualify. Reports of private conversations, e.g. if the candidate called the victor and conceded over the phone, will not count.
Market Opened: Jun 8, 2026, 1:10 PM ET
Volume
$18,001End Date
Jul 3, 2026Market Opened
Jun 8, 2026, 1:10 PM ETResolver
0x65070BE91...This market will resolve to "Yes" if Spencer Pratt concedes in the 2026 Los Angeles mayoral elections by the listed date (Pacific Time). Otherwise, this market will resolve to "No".
A concession is defined as an unambiguous public statement that acknowledges that the candidate lost the 2026 Los Angeles mayoral elections, will not be the next Mayor of Los Angeles, or acknowledges the victory of an opponent. If a candidate makes these acknowledgements while also claiming that the election was rigged or that there was fraud, this will still qualify as a concession.
Any public statement from this candidate written or verbal will qualify. Speeches in which this candidate begins speaking within the time frame of this market will qualify, even if their declaration of concession falls outside the market’s timeframe.
Only public statements from this candidate will qualify. Reports of private conversations, e.g. if the candidate called the victor and conceded over the phone, will not count.Spencer Pratt, a nonpartisan candidate in the June 2, 2026, Los Angeles mayoral primary, finished third behind incumbent Karen Bass and Nithya Raman after initial election-night leads eroded during extended mail-in ballot counting that gave Raman a roughly 3.5% edge. Pratt released a June 12 video acknowledging the campaign phase of his effort had ended without challenging certified results or endorsing external fraud allegations, though he pledged ongoing criticism of the runoff candidates and hinted at future actions. Trader sentiment reflects this apparent concession timing amid a nonpartisan top-two system, with resolution hinging on whether his statements meet the market's specific concession criteria before any deadline. No further vote challenges or official reversals have emerged in the days since.
This market will resolve to "Yes" if Spencer Pratt concedes in the 2026 Los Angeles mayoral elections by the listed date (Pacific Time). Otherwise, this market will resolve to "No".
A concession is defined as an unambiguous public statement that acknowledges that the candidate lost the 2026 Los Angeles mayoral elections, will not be the next Mayor of Los Angeles, or acknowledges the victory of an opponent. If a candidate makes these acknowledgements while also claiming that the election was rigged or that there was fraud, this will still qualify as a concession.
Any public statement from this candidate written or verbal will qualify. Speeches in which this candidate begins speaking within the time frame of this market will qualify, even if their declaration of concession falls outside the market’s timeframe.
Only public statements from this candidate will qualify. Reports of private conversations, e.g. if the candidate called the victor and conceded over the phone, will not count.
A concession is defined as an unambiguous public statement that acknowledges that the candidate lost the 2026 Los Angeles mayoral elections, will not be the next Mayor of Los Angeles, or acknowledges the victory of an opponent. If a candidate makes these acknowledgements while also claiming that the election was rigged or that there was fraud, this will still qualify as a concession.
Any public statement from this candidate written or verbal will qualify. Speeches in which this candidate begins speaking within the time frame of this market will qualify, even if their declaration of concession falls outside the market’s timeframe.
Only public statements from this candidate will qualify. Reports of private conversations, e.g. if the candidate called the victor and conceded over the phone, will not count.
Volume
$18,001End Date
Jul 3, 2026Market Opened
Jun 8, 2026, 1:10 PM ETResolver
0x65070BE91...Spencer Pratt, a nonpartisan candidate in the June 2, 2026, Los Angeles mayoral primary, finished third behind incumbent Karen Bass and Nithya Raman after initial election-night leads eroded during extended mail-in ballot counting that gave Raman a roughly 3.5% edge. Pratt released a June 12 video acknowledging the campaign phase of his effort had ended without challenging certified results or endorsing external fraud allegations, though he pledged ongoing criticism of the runoff candidates and hinted at future actions. Trader sentiment reflects this apparent concession timing amid a nonpartisan top-two system, with resolution hinging on whether his statements meet the market's specific concession criteria before any deadline. No further vote challenges or official reversals have emerged in the days since.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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