politics

Will Kim Sang-wook win the 2026 Ulsan mayoral election?

PlatformPolymarket Expires2026-06-03 Volume$9,686 Open Interest$23,082
YES
34¢
Implied probability: 34.5%
NO
65¢
Implied probability: 65.5%
30-DAY PROBABILITY HISTORY Low 34¢ · High 34¢ · Δ +0.0pp
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YES Price
34¢
NO Price
65¢
Total Volume
$9,686
Open Interest
$23,082
Expiration
2026-06-03
Days Left
23
About this market

What resolves this contract

The Ulsan mayoral election is scheduled to take place on June 3, 2026. This market will resolve according to the candidate who wins this election. Interim, temporary, or caretaker mayors will not count. If the result of this election isn't known by December 31, 2026, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election 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 Com

How to read the price

Prediction market prices are expressed in cents on the dollar. A YES contract trading at 34¢ means the market is pricing in a 34.5% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.

Volume vs. open interest

Total traded volume ($9,686) reflects every buy and sell across the life of this contract. Open interest ($23,082) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.

Where to trade this market

This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.

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FAQ

Common questions about this market

How is this market resolved?

The Ulsan mayoral election is scheduled to take place on June 3, 2026. This market will resolve according to the candidate who wins this election. Interim, temporary, or caretaker mayors will not count. If the result of this election isn't known by December 31, 2026, 11:59 PM ET, the market will resolve to "Other". This market will resolve based on the result of the election 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 Com

When does this contract expire?

This contract closes on 2026-06-03, 23 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).

What happens if I buy YES at 34¢?

If the event resolves YES, each YES contract pays $1 , a profit of 66¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 34¢ is lost. Current market price implies a 34.5% probability of YES.

Where is this market listed?

This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.

How reliable is the quoted price?

This market has $9,686 in total traded volume and $23,082 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.

Disclaimer: Prediction market data on this page is sourced from public order books. Prices change continuously; figures shown here reflect the last refresh at 2026-05-11. Nothing on this page constitutes investment or betting advice.
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