What happened
This market has not yet resolved.
Forecast Tape
4 events- May 22, 6:07 PMPUBLISHED
Prism 16% vs market 19% β NONE FAIR
- May 23, 2:06 PMMARKET MOVED
Market 19% β 28% (+9pp)
- May 24, 4:08 PMRE-ANALYZED
Forecast NONE β MODERATE at Prism 7%
- May 24, 4:08 PMMARKET MOVED
Market 28% β 22% (-6pp)
- NowLIVE
Awaiting resolution.
What the market believed
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.
What PRISM believed
- βΈFundamental analysis indicates an extremely low chance Spencer Pratt both runs and reaches 35% in the first round
- βΈLack of filings, polling, or infrastructure sharply constrains plausible high-vote scenarios
- +Celebrity status could generate unusual media attention or protest vote
- +Fragmented field could lower share needed to lead first round
- βNo verified campaign filings or infrastructure for a 2026 run
- βNo polling, endorsements, or credible voter base evidence
- βLA mayoral races rarely give 35% to non-established outsiders
- βSocial and news sentiment treat candidacy as meme, not serious
- 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.
May 26Open β - 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, ...
May 26Open β - 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.
May 26Open β
PRISM RETRIEVES EVIDENCE FROM A CURATED LIST OF PRIMARY WIRES + OFFICIAL SOURCES
Why the gap existed
Prism detected 15.0% mispricing (overpriced)
How this forecast played out
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