economy

Will Spencer Pratt concede by July 2?

PlatformPolymarket Expires2026-07-03 Volume$9,759 Open Interest$4,256
YES
34¢
Implied probability: 34.0%
NO
66¢
Implied probability: 66.0%
30-DAY PROBABILITY HISTORY Low 34¢ · High 35¢ · Δ -1.5pp
Advertisement
Kalshi · $25 sign-up bonus Trade event contracts legally in the US. Get $25 free. Kalshi is the CFTC-regulated US exchange for event contracts. Sign up with our link and get $25 in trading credit, no deposit required to claim. This specific contract is on Polymarket (not available to US traders), but Kalshi lists similar events. Open an account →
YES Price
34¢
NO Price
66¢
Total Volume
$9,759
Open Interest
$4,256
Expiration
2026-07-03
Days Left
5
About this market

What resolves this contract

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 thi

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 34.0% 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 ($9,759) reflects every buy and sell across the life of this contract. Open interest ($4,256) 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.

Advertisement
Related

Markets in the same story

MarketYESVolume
Will Recep Tayyip Erdoğan win the Nobel Peace Prize in 2026? $996,649
Will WTI Crude Oil (WTI) hit (LOW) $65 in June? $981,900
Will MetaMask launch a token by September 30, 2026? $977,923
FAQ

Common questions about this market

How is this market resolved?

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 thi

When does this contract expire?

This contract closes on 2026-07-03, 5 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 34.0% 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 $9,759 in total traded volume and $4,256 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 2026-06-28. Nothing on this page constitutes investment or betting advice.
Get new posts in your inbox. No spam, unsubscribe anytime.