Chun Jae-soo of South Korea's ruling Democratic Party defeated incumbent Park Heong-joon of the People Power Party in the June 3, 2026 local elections for Busan mayor, securing roughly 50.5 percent of the vote to Park's 47.9 percent for a margin below 5 percent. This outcome reflects the Democratic Party's broader gains in the nationwide local contests, driven by voter support for President Lee Jae Myung's administration and its policy focus on maritime and economic development in the city. The narrow result underscores Busan's status as a competitive battleground despite its conservative leanings, with turnout near 62 percent and limited third-party impact. Trader consensus on a sub-5 percent Chun margin aligns with final vote tallies, though any delayed certification or recount procedures could still affect precise resolution timing.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado2026 Busan Mayoral Election: Margin of Victory
Chun Jae-soo <5% 99.3%
Park Heong-joon 5-10% 1.7%
Chun Jae-soo 15%+ <1%
Park Heong-joon 10%+ <1%
$7,433 Vol.
$7,433 Vol.

Chun Jae-soo 15%+
<1%

Chun Jae-soo 10-15%
<1%

Chun Jae-soo 5-10%
<1%

Chun Jae-soo <5%
99%

Park Heong-joon <5%
<1%

Park Heong-joon 5-10%
2%

Park Heong-joon 10%+
<1%
Chun Jae-soo <5% 99.3%
Park Heong-joon 5-10% 1.7%
Chun Jae-soo 15%+ <1%
Park Heong-joon 10%+ <1%
$7,433 Vol.
$7,433 Vol.

Chun Jae-soo 15%+
<1%

Chun Jae-soo 10-15%
<1%

Chun Jae-soo 5-10%
<1%

Chun Jae-soo <5%
99%

Park Heong-joon <5%
<1%

Park Heong-joon 5-10%
2%

Park Heong-joon 10%+
<1%
This market will resolve according to the margin of victory between the top two candidates in the specified election.
For the purpose of this market, the “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first-place and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election.
If the reported value falls exactly between two brackets, then this market will resolve to the higher margin bracket.
If two or more candidates tie for the most valid votes in this election, and the tie is between two candidates listed, this market will resolve to the lowest margin bracket for the candidate whose listed last name comes first in alphabetical order. If the tie is between a listed candidate and an unlisted candidate, this market will resolve to the lowest margin bracket for the listed candidate. If the tie is between two or more unlisted candidates, this market will resolve to “Other.”
This market will resolve based on the official vote count once the count has been made official.
If the election results are not known definitively by January 31, 2027, 11:59 PM ET, the market will resolve to "Other".
This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission (https://www.nec.go.kr/).
If a recount is initiated before the vote total has been made official, the market will remain open until the recount is completed and the vote is made official.
Mercado abierto: May 26, 2026, 8:38 PM ET
Resolver
0x69c47De9D...This market will resolve according to the margin of victory between the top two candidates in the specified election.
For the purpose of this market, the “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the first-place and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election.
If the reported value falls exactly between two brackets, then this market will resolve to the higher margin bracket.
If two or more candidates tie for the most valid votes in this election, and the tie is between two candidates listed, this market will resolve to the lowest margin bracket for the candidate whose listed last name comes first in alphabetical order. If the tie is between a listed candidate and an unlisted candidate, this market will resolve to the lowest margin bracket for the listed candidate. If the tie is between two or more unlisted candidates, this market will resolve to “Other.”
This market will resolve based on the official vote count once the count has been made official.
If the election results are not known definitively by January 31, 2027, 11:59 PM ET, the market will resolve to "Other".
This market will resolve based on the result of the election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the South Korean government, specifically the National Election Commission (https://www.nec.go.kr/).
If a recount is initiated before the vote total has been made official, the market will remain open until the recount is completed and the vote is made official.
Resolver
0x69c47De9D...Chun Jae-soo of South Korea's ruling Democratic Party defeated incumbent Park Heong-joon of the People Power Party in the June 3, 2026 local elections for Busan mayor, securing roughly 50.5 percent of the vote to Park's 47.9 percent for a margin below 5 percent. This outcome reflects the Democratic Party's broader gains in the nationwide local contests, driven by voter support for President Lee Jae Myung's administration and its policy focus on maritime and economic development in the city. The narrow result underscores Busan's status as a competitive battleground despite its conservative leanings, with turnout near 62 percent and limited third-party impact. Trader consensus on a sub-5 percent Chun margin aligns with final vote tallies, though any delayed certification or recount procedures could still affect precise resolution timing.
Resumen experimental generado por IA con datos de Polymarket. Esto no es asesoramiento de trading y no influye en cómo se resuelve este mercado. · Actualizado
Cuidado con los enlaces externos.
Cuidado con los enlaces externos.
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