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.

July 2

June 15

June 10

Will Spencer Pratt concede by…?

This market will resolve to "Yes" if an official recount of the first round of the 2026 Los Angeles mayoral election is initiated by election authorities by July 15, 2026, 11:59 PM Pacific Time. Otherwise, this market will resolve to "No".

The relevant election authorities must announce definitively that the recount process will begin or is already underway. A mere recount request or proceedings to consider a recount will not qualify. The initiation of a recount without an announcement by election authorities will also qualify. For purposes of this market, a recount will be considered initiated once election authorities order, schedule, or begin a recount, regardless of which person or entity requested it.

A recount is defined as a formal re-tallying of votes that is undertaken by election authorities. A qualifying recount must cover enough ballots such that, if changed, it could affect which candidates will advance to the runoff. 

Minor administrative re-tallies and routine canvass corrections will not qualify as a recount for purposes of this market.

The resolution source will be official information from the relevant election authorities, including the city and county of Los Angeles.

LA Mayoral Election: Recount of 1st Round?

The first round of the 2026 Los Angeles mayoral election was held on June 2, 2026, to elect the mayor of Los Angeles, California.

This market will resolve to “Over” if Spencer Pratt receives greater than or equal to 25% of the popular vote in the first round of the 2026 Los Angeles mayoral election. Otherwise, this market will resolve to “Under”.

The percentage of the popular vote will be calculated as number of valid votes received by Spencer Pratt divided by the number of total valid votes in the specified election.

If the results of the first round of the 2026 Los Angeles Mayoral election are not known by December 31, 2026, 11:59 PM ET, this market will resolve to 50-50.

This market will resolve based on the results of this 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 city and county of Los Angeles.

Will Spencer Pratt concede by…?

LA Mayoral Election: Recount of 1st Round?

LA Mayoral Election: Spencer Pratt receives Over/Under 25%?