Bass Leads LA Mayoral Runoff Odds at 93% as Pratt Holds 75% Shot to Advance
Updated
Updated · CNBC · Jun 2
Bass Leads LA Mayoral Runoff Odds at 93% as Pratt Holds 75% Shot to Advance
3 articles · Updated · CNBC · Jun 2
Kalshi traders see Los Angeles heading to a November mayoral runoff, with incumbent Karen Bass given 93% odds of advancing and Spencer Pratt about a three-in-four chance.
Bass has led public polling but remained well below the 50% needed to avoid a second round, while traders now give her a 65% chance of winning reelection outright.
Nithya Raman's runoff odds have fallen to 28%, and her overall win chances to 11%, after traders sharply cut expectations following a May debate.
Pratt's rise has reshaped the race, but his 25% overall win odds reflect the challenge for a Republican-registered candidate in heavily Democratic Los Angeles, where Kamala Harris won 70% in 2024.