South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections 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.Trader consensus overwhelmingly favors the Democratic Party of Korea (DP) to win the most seats and positions in South Korea's June 3 local elections, reflecting the People Power Party's (PPP) ongoing crisis one year after former President Yoon Suk-yeol's ouster amid the December 2024 martial law fiasco. Recent polls show DP candidates leading in battlegrounds like Seoul—where Chong Won-o secured the nomination—and Busan, bolstered by President Lee Jae-myung's administration momentum and swift candidate finalizations in mid-April. PPP struggles with internal disarray and low approval, clinging to conservative strongholds. While a DP sweep appears likely, a late scandal, voter turnout surge among PPP bases, or unexpected opposition consolidation could narrow the gap before election day.
South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections 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.
South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections 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.
Trader consensus overwhelmingly favors the Democratic Party of Korea (DP) to win the most seats and positions in South Korea's June 3 local elections, reflecting the People Power Party's (PPP) ongoing crisis one year after former President Yoon Suk-yeol's ouster amid the December 2024 martial law fiasco. Recent polls show DP candidates leading in battlegrounds like Seoul—where Chong Won-o secured the nomination—and Busan, bolstered by President Lee Jae-myung's administration momentum and swift candidate finalizations in mid-April. PPP struggles with internal disarray and low approval, clinging to conservative strongholds. While a DP sweep appears likely, a late scandal, voter turnout surge among PPP bases, or unexpected opposition consolidation could narrow the gap before election day.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Apr 27 2026
Democratic Party announces strategic nominations of key candidates including former Gangwon Governor Lee Kwang-jae and former lawmakers Kim Yong-nam and Kim Nam-kuk for
Democratic Party of Korea (DP) rises to 98%1%
Democratic Party announces strategic nominations of key candidates including former Gangwon Governor Lee Kwang-jae and former lawmakers Kim Yong-nam and Kim Nam-kuk for by-elections held alongside local elections, consolidating party strength
Apr 24 2026
President Lee Jae-myung’s approval rating remains robust at around 67%, boosting the ruling Democratic Party’s prospects ahead of June local elections according to multiple polls
Democratic Party of Korea (DP) rises to 97%2%
President Lee Jae-myung’s approval rating remains robust at around 67%, boosting the ruling Democratic Party’s prospects ahead of June local elections according to multiple polls
Apr 23 2026
PPP approval drops to 15%, lowest since founding, as Democratic Party leads by a wide margin in all regions and age groups
People Power Party (PPP) dips to 1%2%
This historic low in approval ratings just weeks before the local elections cemented market expectations of a PPP defeat in the 2026 local elections.
Apr 4 2026
Gallup Korea poll records PPP support at a historic low of 18%, with severe criticism from conservative media over candidate recruitment failures
The party's inability to recruit strong candidates, especially in Seoul, and public disapproval of its leadership contributed to sustained low market confidence.
Mar 28 2026
Democratic Party candidate Kang Sung-hwi leads Mokpo mayoral poll outside margin of error, signaling strong local support in South Jeolla Province
Democratic Party of Korea (DP) rises to 95%1%
Democratic Party candidate Kang Sung-hwi leads Mokpo mayoral poll outside margin of error, signaling strong local support in South Jeolla Province
Mar 12 2026
PPP approval rating remains at a dismal 17%, with key figures like Seoul Mayor Oh Se-hoon refusing to register for PPP candidacy
People Power Party (PPP) dips to 3%1%
Persistent low approval and defections of prominent candidates underscored the party's ongoing crisis and poor electoral prospects.
Feb 19 2026
PPP expels party chief Han Dong-hoon amid internal conflicts and factionalism
People Power Party (PPP) dips to 4%4%
The expulsion highlighted deep divisions within the party and weakened its organizational stability, further eroding voter confidence.
Jan 2 2026
New Year opinion poll shows PPP losing momentum in key local races, with Democratic Party candidates leading in major cities and provinces
People Power Party (PPP) dips to 8%1%
Polls indicated the PPP trailing in battleground areas, reflecting growing voter dissatisfaction and signaling challenges for the party in the upcoming local elections.
Jan 1 2026
New Year opinion polls show Democratic Party losing some momentum but still competitive in key battlegrounds like Seoul, reflecting mixed but generally positive outlook for DP
Democratic Party of Korea (DP) rises to 90%1%
New Year opinion polls show Democratic Party losing some momentum but still competitive in key battlegrounds like Seoul, reflecting mixed but generally positive outlook for DP
Dec 18 2025
Infighting intensifies in the Democratic Party ahead of Supreme Council by-election, highlighting internal party dynamics as candidates vie for key positions ahead of local
Democratic Party of Korea (DP) jumps to 89%9%
Infighting intensifies in the Democratic Party ahead of Supreme Council by-election, highlighting internal party dynamics as candidates vie for key positions ahead of local elections
Dec 3 2025
Former President Yoon Suk Yeol impeached following his illegal martial law declaration in December 2024
People Power Party (PPP) plunges to 9%41%
Yoon's impeachment by the Constitutional Court marked a critical blow to the PPP, as the party was closely associated with his administration and controversial martial law move, triggering a collapse in public support.
Dec 2 2025
Cho Kuk re-elected as leader of the Rebuilding Korea Party after a special pardon, but the party remains minor and overshadowed by larger parties amid ongoing political
Cho Kuk re-elected as leader of the Rebuilding Korea Party after a special pardon, but the party remains minor and overshadowed by larger parties amid ongoing political challenges, maintaining its negligible market position
Apr 27 2025
Rebuilding Korea Party officially endorses Democratic Party candidate Lee Jae Myung for the 2025 presidential election, signaling a strategic alliance rather than independent
Rebuilding Korea Party officially endorses Democratic Party candidate Lee Jae Myung for the 2025 presidential election, signaling a strategic alliance rather than independent strength, which further reduced market expectations for RKP's electoral success
Apr 10 2025
Opposition bloc, including the Democratic Party and RKP, wins a landslide victory in the National Assembly elections, but RKP remains a minor player compared to the dominant
Rebuilding Korea Party (RKP) dips to 0%1%
Opposition bloc, including the Democratic Party and RKP, wins a landslide victory in the National Assembly elections, but RKP remains a minor player compared to the dominant Democratic Party. This outcome confirmed RKP's limited influence, keeping its market
Dec 14 2024
Supreme Court upholds two-year prison sentence for Cho Kuk, founder of Rebuilding Korea Party, leading to his resignation as party leader and barring him from running for office
Rebuilding Korea Party (RKP) plunges to 4%46%
Supreme Court upholds two-year prison sentence for Cho Kuk, founder of Rebuilding Korea Party, leading to his resignation as party leader and barring him from running for office until 2031. This severely weakened RKP's leadership and electoral prospects
Dec 3 2024
Former President Yoon Suk Yeol declares martial law in a failed attempt to suppress opposition, triggering a political crisis and his eventual impeachment.
Rebuilding Korea Party (RKP) dips to 3%1%
The ensuing instability undermined confidence in ruling parties and shifted political dynamics, indirectly affecting RKP's market position
South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections 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.Trader consensus overwhelmingly favors the Democratic Party of Korea (DP) to win the most seats and positions in South Korea's June 3 local elections, reflecting the People Power Party's (PPP) ongoing crisis one year after former President Yoon Suk-yeol's ouster amid the December 2024 martial law fiasco. Recent polls show DP candidates leading in battlegrounds like Seoul—where Chong Won-o secured the nomination—and Busan, bolstered by President Lee Jae-myung's administration momentum and swift candidate finalizations in mid-April. PPP struggles with internal disarray and low approval, clinging to conservative strongholds. While a DP sweep appears likely, a late scandal, voter turnout surge among PPP bases, or unexpected opposition consolidation could narrow the gap before election day.
South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections 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.
South Korean local elections are scheduled to be held on June 3, 2026.
This market will resolve according to the party whose official candidates win the most head of local government (Mayor or Governor) elections for South Korea’s upper-level local governments during these elections.
A candidate will be considered an official candidate of a party if they are officially nominated by that party and are registered for the relevant election in affiliation with that party. Independent candidates will not count for any party.
South Korea’s upper-level local governments include the following cities and provinces:
Cities (mayoral elections): Seoul, Busan, Daegu, Incheon, Gwangju, Daejeon, Ulsan, & Sejong
Provinces (governor elections): Gyeonggi, North Chungcheong, South Chungcheong, North Jeolla, South Jeolla, North Gyeongsang, South Gyeongsang, Jeju, & Gangwon.
A party will have won as soon as it becomes mathematically impossible for any other party to equal or surpass its number of wins in these elections.
In the case of a tie between two or more parties for the greatest number of head of local government elections won, this market will resolve in favor of the party whose English name comes first in alphabetical order, as listed in this market group.
Resolution of this market will be based on the results of the relevant elections, once those results are official. This market will remain open until a party has won or until the results of all of the relevant elections are made official. If the results of any of the relevant 2026 South Korean local elections aren’t known by January 31, 2027 11:59 PM ET, the winning party will be determined based on the available results up to that point. If none of the results of the relevant 2026 Korean local elections are known by that time, this market will resolve to “Other”.
This market will resolve based on the results of the elections 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.
Trader consensus overwhelmingly favors the Democratic Party of Korea (DP) to win the most seats and positions in South Korea's June 3 local elections, reflecting the People Power Party's (PPP) ongoing crisis one year after former President Yoon Suk-yeol's ouster amid the December 2024 martial law fiasco. Recent polls show DP candidates leading in battlegrounds like Seoul—where Chong Won-o secured the nomination—and Busan, bolstered by President Lee Jae-myung's administration momentum and swift candidate finalizations in mid-April. PPP struggles with internal disarray and low approval, clinging to conservative strongholds. While a DP sweep appears likely, a late scandal, voter turnout surge among PPP bases, or unexpected opposition consolidation could narrow the gap before election day.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
Apr 27 2026
Democratic Party announces strategic nominations of key candidates including former Gangwon Governor Lee Kwang-jae and former lawmakers Kim Yong-nam and Kim Nam-kuk for
Democratic Party of Korea (DP) rises to 98%1%
Democratic Party announces strategic nominations of key candidates including former Gangwon Governor Lee Kwang-jae and former lawmakers Kim Yong-nam and Kim Nam-kuk for by-elections held alongside local elections, consolidating party strength
Apr 24 2026
President Lee Jae-myung’s approval rating remains robust at around 67%, boosting the ruling Democratic Party’s prospects ahead of June local elections according to multiple polls
Democratic Party of Korea (DP) rises to 97%2%
President Lee Jae-myung’s approval rating remains robust at around 67%, boosting the ruling Democratic Party’s prospects ahead of June local elections according to multiple polls
Apr 23 2026
PPP approval drops to 15%, lowest since founding, as Democratic Party leads by a wide margin in all regions and age groups
People Power Party (PPP) dips to 1%2%
This historic low in approval ratings just weeks before the local elections cemented market expectations of a PPP defeat in the 2026 local elections.
Apr 4 2026
Gallup Korea poll records PPP support at a historic low of 18%, with severe criticism from conservative media over candidate recruitment failures
The party's inability to recruit strong candidates, especially in Seoul, and public disapproval of its leadership contributed to sustained low market confidence.
Mar 28 2026
Democratic Party candidate Kang Sung-hwi leads Mokpo mayoral poll outside margin of error, signaling strong local support in South Jeolla Province
Democratic Party of Korea (DP) rises to 95%1%
Democratic Party candidate Kang Sung-hwi leads Mokpo mayoral poll outside margin of error, signaling strong local support in South Jeolla Province
Mar 12 2026
PPP approval rating remains at a dismal 17%, with key figures like Seoul Mayor Oh Se-hoon refusing to register for PPP candidacy
People Power Party (PPP) dips to 3%1%
Persistent low approval and defections of prominent candidates underscored the party's ongoing crisis and poor electoral prospects.
Feb 19 2026
PPP expels party chief Han Dong-hoon amid internal conflicts and factionalism
People Power Party (PPP) dips to 4%4%
The expulsion highlighted deep divisions within the party and weakened its organizational stability, further eroding voter confidence.
Jan 2 2026
New Year opinion poll shows PPP losing momentum in key local races, with Democratic Party candidates leading in major cities and provinces
People Power Party (PPP) dips to 8%1%
Polls indicated the PPP trailing in battleground areas, reflecting growing voter dissatisfaction and signaling challenges for the party in the upcoming local elections.
Jan 1 2026
New Year opinion polls show Democratic Party losing some momentum but still competitive in key battlegrounds like Seoul, reflecting mixed but generally positive outlook for DP
Democratic Party of Korea (DP) rises to 90%1%
New Year opinion polls show Democratic Party losing some momentum but still competitive in key battlegrounds like Seoul, reflecting mixed but generally positive outlook for DP
Dec 18 2025
Infighting intensifies in the Democratic Party ahead of Supreme Council by-election, highlighting internal party dynamics as candidates vie for key positions ahead of local
Democratic Party of Korea (DP) jumps to 89%9%
Infighting intensifies in the Democratic Party ahead of Supreme Council by-election, highlighting internal party dynamics as candidates vie for key positions ahead of local elections
Dec 3 2025
Former President Yoon Suk Yeol impeached following his illegal martial law declaration in December 2024
People Power Party (PPP) plunges to 9%41%
Yoon's impeachment by the Constitutional Court marked a critical blow to the PPP, as the party was closely associated with his administration and controversial martial law move, triggering a collapse in public support.
Dec 2 2025
Cho Kuk re-elected as leader of the Rebuilding Korea Party after a special pardon, but the party remains minor and overshadowed by larger parties amid ongoing political
Cho Kuk re-elected as leader of the Rebuilding Korea Party after a special pardon, but the party remains minor and overshadowed by larger parties amid ongoing political challenges, maintaining its negligible market position
Apr 27 2025
Rebuilding Korea Party officially endorses Democratic Party candidate Lee Jae Myung for the 2025 presidential election, signaling a strategic alliance rather than independent
Rebuilding Korea Party officially endorses Democratic Party candidate Lee Jae Myung for the 2025 presidential election, signaling a strategic alliance rather than independent strength, which further reduced market expectations for RKP's electoral success
Apr 10 2025
Opposition bloc, including the Democratic Party and RKP, wins a landslide victory in the National Assembly elections, but RKP remains a minor player compared to the dominant
Rebuilding Korea Party (RKP) dips to 0%1%
Opposition bloc, including the Democratic Party and RKP, wins a landslide victory in the National Assembly elections, but RKP remains a minor player compared to the dominant Democratic Party. This outcome confirmed RKP's limited influence, keeping its market
Dec 14 2024
Supreme Court upholds two-year prison sentence for Cho Kuk, founder of Rebuilding Korea Party, leading to his resignation as party leader and barring him from running for office
Rebuilding Korea Party (RKP) plunges to 4%46%
Supreme Court upholds two-year prison sentence for Cho Kuk, founder of Rebuilding Korea Party, leading to his resignation as party leader and barring him from running for office until 2031. This severely weakened RKP's leadership and electoral prospects
Dec 3 2024
Former President Yoon Suk Yeol declares martial law in a failed attempt to suppress opposition, triggering a political crisis and his eventual impeachment.
Rebuilding Korea Party (RKP) dips to 3%1%
The ensuing instability undermined confidence in ruling parties and shifted political dynamics, indirectly affecting RKP's market position
"2026 South Korean Local Elections: Party Winner" is a prediction market on Polymarket with 5 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Democratic Party of Korea (DP)" at 98%, followed by "People Power Party (PPP)" at 1%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 98¢ implies that the market collectively assigns a 98% chance to that outcome. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.
As of today, "2026 South Korean Local Elections: Party Winner" has generated $2.3 million in total trading volume since the market launched on Dec 2, 2025. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.
To trade on "2026 South Korean Local Elections: Party Winner," browse the 5 available outcomes listed on this page. Each outcome displays a current price representing the market's implied probability. To take a position, select the outcome you believe is most likely, choose "Yes" to trade in favor of it or "No" to trade against it, enter your amount, and click "Trade." If your chosen outcome is correct when the market resolves, your "Yes" shares pay out $1 each. If it's incorrect, they pay out $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.
The current frontrunner for "2026 South Korean Local Elections: Party Winner" is "Democratic Party of Korea (DP)" at 98%, meaning the market assigns a 98% chance to that outcome. The next closest outcome is "People Power Party (PPP)" at 1%. These odds update in real-time as traders buy and sell shares, so they reflect the latest collective view of what's most likely to happen. Check back frequently or bookmark this page to follow how the odds shift as new information emerges.
The resolution rules for "2026 South Korean Local Elections: Party Winner" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.
Yes. You don't need to trade to stay informed. This page serves as a live tracker for "2026 South Korean Local Elections: Party Winner." The outcome probabilities update in real-time as new trades come in. You can bookmark this page and check the comments section to see what other traders are saying. You can also use the time-range filters on the chart to see how the odds have shifted over time. It's a free, real-time window into what the market expects to happen.
Polymarket odds are set by real traders putting real money behind their beliefs, which tends to surface accurate predictions. With $2.3 million traded on “2026 South Korean Local Elections: Party Winner,” these prices aggregate the collective knowledge and conviction of thousands of participants — often outperforming polls, expert forecasts, and traditional surveys. Prediction markets like Polymarket have a strong track record of accuracy, especially as events approach their resolution date. For example, Polymarket has a one month accuracy score of 94%. For the latest stats on Polymarket’s prediction accuracy, visit the accuracy page on Polymarket.
To place your first trade on "2026 South Korean Local Elections: Party Winner," sign up for a free Polymarket account and fund it using crypto, a credit or debit card, or a bank transfer. Once your account is funded, return to this page, select the outcome you want to trade, enter your amount, and click "Trade." If you're new to prediction markets, click the "How it works" link at the top of any Polymarket page for a quick step-by-step walkthrough of how trading works.
On Polymarket, the price of each outcome represents the market's implied probability. A price of 98¢ for "Democratic Party of Korea (DP)" in the "2026 South Korean Local Elections: Party Winner" market means traders collectively believe there is roughly a 98% chance that "Democratic Party of Korea (DP)" will be the correct result. If you buy "Yes" shares at 98¢ and the outcome is correct, you receive $1.00 per share — a profit of 2¢ per share. If incorrect, those shares are worth $0.
The "2026 South Korean Local Elections: Party Winner" market is scheduled to resolve on or around Jun 3, 2026. This means trading will remain open and the odds will continue to shift as new information emerges until that date. The exact resolution timing depends on when the official result becomes available, as outlined in the "Rules" section on this page.
The "2026 South Korean Local Elections: Party Winner" market has a growing discussion of 2 comments where traders share their analysis, debate outcomes, and discuss breaking developments. Scroll down to the comments section below to read what other participants think. You can also filter by "Top Holders" to see what the market's biggest traders are positioned on, or check the "Activity" tab for a real-time feed of trades.
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