Traders Predict Karen Bass and Spencer Pratt to Advance in Los Angeles Mayoral Race Runoff

06/02/2026, 08:32 PM business forecast

In the Los Angeles mayoral race, incumbent Mayor Karen Bass is projected to have a 93% chance of advancing to the runoff, while Spencer Pratt has a 75% chance. Despite leading in public polls, Bass has not yet reached the 50% threshold needed for an outright victory.

City Councilmember Nithya Raman, once a frontrunner, now has only an 11% chance of winning after a significant drop in her odds following a May debate. The election is nonpartisan, but the candidates' political affiliations may impact their voter support, particularly Pratt's conservative stance in a predominantly Democratic city.

The outcome of this election could have broader implications for the political dynamics in Los Angeles, especially considering the city's recent challenges and the historical voting patterns observed in previous elections

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