Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race Los Angeles voters are participating in a mayoral election where a runoff is possible if no candidate secures over 50% of the vote. Prediction market traders favor incumbent Mayor Karen Bass and reality TV personality Spencer Pratt to advance to a November runoff. While Bass is the strong favorite to win the election outright, her opponents, including Spencer Pratt and City Councilmember Nithya Raman, are also part of the race, with traders assigning them varying probabilities of reaching the second round.

• Los Angeles voters are heading to the polls for the mayoral election.
• If no candidate wins more than 50% of the vote, the top two will proceed to a November runoff.
• Prediction market traders believe Mayor Karen Bass and Spencer Pratt are the most likely to reach the runoff.
• Karen Bass has a 93% chance of advancing, according to traders.
• Spencer Pratt has approximately a 75% chance of advancing.
• City Councilmember Nithya Raman has a 28% chance of advancing.
• The mayoral elections are nonpartisan; Bass and Raman are Democrats, while Pratt is a Republican.
• Traders previously saw Nithya Raman as a favorite, but her odds have significantly decreased.
• Traders give Karen Bass a 65% chance of being re-elected.
• Spencer Pratt has a 25% chance of winning the mayor’s office.