πŸ›Politics/KALSHI/May 26, 2026
kalshi market
Election result

Will Spencer Pratt receive at least 35% of the popular vote in the first round of the 2026 Los Angeles mayoral election?

PRISM
7.0%
MARKET (PUBLISH)
22.0%
MARKET (SETTLED)
β€”
MOVE
β€”

PRISM detected 5.0pp overconfidence β€” awaiting resolution

PRISM detected a 5.0pp gap between model (7%) and market (22%). Awaiting resolution.

AWAITING RESOLUTION
ISSUED FORECASTMay 24, 2026 at 4:08 PM
MODERATE Β· OVERPRICED+5.0ppPRISM 7% Β· Market 22%
Live view diverged Β· PRISM reclassified to MODERATE with edge now +5.0pp. The issued forecast above is the historical commitment scored on the public ledger.
PRISM
7.0%
VS
MARKET
22.0%
EDGE DETECTED5.0pp
WEAK
MODERATE
STRONG
EXTREME
OUTCOME
β€”
FORECAST
MODERATE
DIRECTION
OVERPRICED
CONFIDENCE
LOW
ACCURACY EDGE
β€”
PUBLISHED
May 26, 2026
VIEW LIVE PRISM FORECASTSEdge scoring updated every 2h
1

What happened

This market has not yet resolved.

β—ˆ

Forecast Tape

4 events
  1. May 22, 6:07 PMPUBLISHED

    Prism 16% vs market 19% β€” NONE FAIR

  2. May 23, 2:06 PMMARKET MOVED

    Market 19% β†’ 28% (+9pp)

  3. May 24, 4:08 PMRE-ANALYZED

    Forecast NONE β†’ MODERATE at Prism 7%

  4. May 24, 4:08 PMMARKET MOVED

    Market 28% β†’ 22% (-6pp)

  5. NowLIVE

    Awaiting resolution.

2

What the market believed

MARKET PRICE Β· AT FORECAST TIME
22.0%

The market was pricing this event at 22.0% probability when PRISM generated its forecast. PRISM assessed this was too high β€” the market was overconfident.

3

What PRISM believed

PRISM PROBABILITY
7.0%
EDGE DETECTED
5.0pp
FORECAST
MODERATE OVERPRICED
Confidence
LOW
Kelly Reference
N/A
PRISM Sizing (ΒΌ Kelly Β· cap 5%)
N/A
PRISM REASONING
  • β–ΈFundamental analysis indicates an extremely low chance Spencer Pratt both runs and reaches 35% in the first round
  • β–ΈLack of filings, polling, or infrastructure sharply constrains plausible high-vote scenarios
FACTORS FOR
  • +Celebrity status could generate unusual media attention or protest vote
  • +Fragmented field could lower share needed to lead first round
FACTORS AGAINST
  • βˆ’No verified campaign filings or infrastructure for a 2026 run
  • βˆ’No polling, endorsements, or credible voter base evidence
  • βˆ’LA mayoral races rarely give 35% to non-established outsiders
  • βˆ’Social and news sentiment treat candidacy as meme, not serious
RESOLUTION PATHS MODELED
Pratt mounts serious campaign and polls competitively before primary2%
Unusual anti-establishment wave concentrates around Pratt, lifting him above 35%2%
Evidence 44%
SOURCES (3)
last day
  • NBA star places $36000 bet on outsider LA mayoral ...foxnews.com

    Kyle Kuzma placed a $36000 bet backing former 'The Hills' star Spencer Pratt's campaign for Los Angeles mayor ahead of the June 2 nonpartisan primary.

  • Looking at impact that celebrity endorsements could have on ...youtube.com

    Tom Wait takes a look at how celebrity endorsements in Los Angeles could impact the race for mayor. For video licensing inquiries, ...

  • Raman says she's running for mayor because L.A. is headed in ...latimes.com

    Raman says L.A. needs new leadership to address housing affordability and homelessness. Critics say she hasn't done enough to forge alliances.

PRISM RETRIEVES EVIDENCE FROM A CURATED LIST OF PRIMARY WIRES + OFFICIAL SOURCES

4

Why the gap existed

Prism detected 15.0% mispricing (overpriced)

5

How this forecast played out

1.PRISM analyzed Will Spencer Pratt receive at least 35% of the popular vote in the first round of the 2026 Los Angeles mayoral election?, classifying it as overpriced at 22.0%.
2.Forecast classification: MODERATE OVERPRICED β€” PRISM estimate 7.0% vs market 22.0%.
3.Kelly reference at forecast time: β€”% (ΒΌ Kelly, capped at 5%; mathematical reference only β€” not a position recommendation).
4.Outcome: awaiting resolution.

Get live PRISM forecasts for Kalshi + Polymarket.

Edge scores, Kelly references, confidence levels, and resolution paths β€” updated every 2 hours, before the market corrects.

VIEW LIVE FORECASTS
PRISM: v0.9.180-commodity-resolver-mapΒ·Forecasted: May 26, 2026Β·kalshi
For informational purposes only. Not financial advice. EdgeCal provides PRISM-generated market analysis and does not execute trades, manage funds, or guarantee returns. Past performance does not indicate future results.