Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race

Traders say Karen Bass and Spencer Pratt will advance to runoff in high-profile L.A. mayoral race

Prediction markets predict Karen Bass (93%) and Spencer Pratt (75%) will advance to LA's November mayoral runoff, with Raman's odds collapsing from 60% to 28%. Real-time sentiment pricing demonstrates how probabilistic analysis informs governance risk decisions.