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icon for How many South Korean mayor/governor races will DP win?

How many South Korean mayor/governor races will DP win?

icon for How many South Korean mayor/governor races will DP win?

How many South Korean mayor/governor races will DP win?

12 99.5%

≤10 1.0%

11 <1%

13 <1%

Polymarket

$61,717 Vol.

12 99.5%

≤10 1.0%

11 <1%

13 <1%

Polymarket

$61,717 Vol.

≤10

$23,951 Vol.

No

11

$6,122 Vol.

No

12

$5,445 Vol.

Yes

13

$7,957 Vol.

No

14

$7,911 Vol.

No

15

$7,060 Vol.

No

≥16

$3,269 Vol.

No

South Korean local elections are scheduled to be held on June 3, 2026. This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) 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. If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. 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.The Democratic Party of Korea enters the June 3 local elections with overwhelming trader consensus at near-certainty due to President Lee Jae-myung’s sustained approval ratings above 60 percent and the party’s structural advantages after securing both the presidency and National Assembly. Polls and early projections indicate the DP is positioned to capture the large majority of metropolitan mayor and provincial governor posts, consistent with historical patterns where the president’s party performs strongly in midterm-style local contests. The current leading outcome is "12" at 99.3 percent. This commanding position reflects exit polls and early vote counts showing DP victories in 12 of 16 races, driven by the ruling party’s momentum following the prior administration’s controversies. Scenarios that could realistically challenge a 12-win outcome include unexpected swings in closely contested regions such as Busan or shifts in final tallies from remaining precincts, though current data indicate these remain low-probability.

South Korean local elections are scheduled to be held on June 3, 2026.

This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) 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.

If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket.

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.
Volume
$61,717
End Date
Jun 3, 2026
Market Opened
May 13, 2026, 6:30 PM ET
South Korean local elections are scheduled to be held on June 3, 2026. This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) 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. If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. 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.

Outcome proposed: No

No dispute

Final outcome: No

South Korean local elections are scheduled to be held on June 3, 2026. This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) 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. If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. 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.The Democratic Party of Korea enters the June 3 local elections with overwhelming trader consensus at near-certainty due to President Lee Jae-myung’s sustained approval ratings above 60 percent and the party’s structural advantages after securing both the presidency and National Assembly. Polls and early projections indicate the DP is positioned to capture the large majority of metropolitan mayor and provincial governor posts, consistent with historical patterns where the president’s party performs strongly in midterm-style local contests. The current leading outcome is "12" at 99.3 percent. This commanding position reflects exit polls and early vote counts showing DP victories in 12 of 16 races, driven by the ruling party’s momentum following the prior administration’s controversies. Scenarios that could realistically challenge a 12-win outcome include unexpected swings in closely contested regions such as Busan or shifts in final tallies from remaining precincts, though current data indicate these remain low-probability.

South Korean local elections are scheduled to be held on June 3, 2026.

This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) 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.

If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket.

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.
Volume
$61,717
End Date
Jun 3, 2026
Market Opened
May 13, 2026, 6:30 PM ET
South Korean local elections are scheduled to be held on June 3, 2026. This market will resolve according to the number of Mayor and Governor elections for South Korea’s upper-level local governments won by the Democratic Party (DP) 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. If the results of the 2026 South Korean local elections aren’t known by January 31, 2027, 11:59 PM ET, this market will resolve to the lowest bracket. 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.

Outcome proposed: No

No dispute

Final outcome: No

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Frequently Asked Questions

"How many South Korean mayor/governor races will DP win?" is a prediction market on Polymarket with 7 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "12" at 100%, followed by "≤10" at 0%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 100¢ implies that the market collectively assigns a 100% 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, "How many South Korean mayor/governor races will DP win?" has generated $61.7K in total trading volume since the market launched on May 13, 2026. 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 "How many South Korean mayor/governor races will DP win?," browse the 7 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 "How many South Korean mayor/governor races will DP win?" is "12" at 100%, meaning the market assigns a 100% chance to that outcome. The next closest outcome is "≤10" at 0%. 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 "How many South Korean mayor/governor races will DP win?" 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.