Spencer Pratt News & Prediction Market Coverage
Track the latest Spencer Pratt news across prediction markets. Prediction News is following 4 active Spencer Pratt stories across regulation, legal action, market moves, and platform developments, each clustered from original reporting and summarized for operators, traders, and regulators.
Latest News
Kalshi LA mayoral race market crosses $80 million in volume
TradingKalshi traders cut Spencer Pratt runoff odds from 80% to 1% as late ballots reshape LA mayor race
TradingPolymarket projects Raman over Pratt in LA mayor race as Bass odds plunge 10 points
TradingSpencer Pratt hits 33% on Kalshi as L.A. mayoral race draws volume
Frequently Asked Questions
What were Spencer Pratt's odds on Kalshi for the LA mayoral race?
Traders priced Pratt at 33% to win the election in May; his odds to advance to the runoff fell from 80% on June 1 to 1% by June 8 as late ballots favored Nithya Raman.
Did Spencer Pratt advance in the LA mayoral primary?
No; late ballot counting placed him third behind incumbent Karen Bass and Nithya Raman.
Why did prediction markets overestimate Spencer Pratt?
Early vote trends and retail attention inflated his odds before late-counted ballots corrected the pricing, resulting in sharp declines on both Kalshi and Polymarket.
What was the biggest trade on Spencer Pratt's Kalshi contract?
A single trader placed a $1.25 million order into Pratt's contract on July 14; the market corrected the resulting price distortion in 9 seconds.
Was there a market on Trump endorsing Spencer Pratt?
Yes; Kalshi priced the odds that former President Trump would endorse Pratt's campaign at 35% as of May.