SimpleFunctions
Politics1 contractPolymarketrefreshed 3 h agoCloses Jun 3, 2026 · 25d

South Korea By-Elections

Liquidity-weighted aggregate sits at 97% across 1 Polymarket contracts.

Implied probability

97%
0%50%100%

Kalshi

not bound

Polymarket

97%

1 contract

Cross-venue gap

single venue

24h move

no pin

24h volume

$14

1 contracts

Closes

Jun 3, 2026

25 days

30-day trend

0%50%100%-30d-3w-2w-1wtodayAggregate: 98% (20 days, 20 points)Aggregate: 98% on 2026-05-07
Aggregate of 1 contract · 20d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Cluster 1

South Korea By-Elections: Party Winner: Democratic Party of Korea

1 contract$14

Analysis

This probability reflects market expectation that South Korea's Democratic Party of Korea (DP) will win the most seats in upcoming by-elections. The high 97% level suggests strong confidence in a DP victory, likely driven by recent polling data and the party's current political standing relative to the conservative People Power Party (PPP). Key factors pushing the probability up include favorable approval ratings or seat projections for the DP, while unfavorable election-day turnout or last-minute political shifts could lower it. The main resolution catalyst is the actual by-election results, which will determine the exact seat distribution between parties. Market participants are also tracking related outcomes like the specific number of seats won by the PPP and leadership changes within the ruling coalition.

  • Most recent polling numbers showing DP vote share and projected seat allocation relative to PPP
  • Voter turnout patterns and demographic composition of districts holding by-elections compared to historical baselines
  • Any significant political scandals or leadership announcements affecting either major party in the weeks before voting
  • Official by-election date and final candidate rosters from both DP and PPP
  • Real-time exit polling or early voting data if available on election day itself

Recently closed in election 2026

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

Lateral coverage

Thin contract — here's where the deeper coverage is.

This page aggregates 1 contract (97% headline). At low contract count, the price reflects two participants’ opinions, not a market consensus. The links below are heavier related questions where the orderbook signal is real.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: 3 h ago.