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2026 Busan Mayoral Election Winner

Market icon

2026 Busan Mayoral Election Winner

Chun Jae-soo 79%

Park Heong-joon 19%

Cho Kuk <1%

Kim Do-eup <1%

Polymarket

$387,309 Vol.

Chun Jae-soo 79%

Park Heong-joon 19%

Cho Kuk <1%

Kim Do-eup <1%

Polymarket

$387,309 Vol.

Will Chun Jae-soo win the 2026 Busan Mayoral Election? icon

Chun Jae-soo

$33,421 Vol.

79%

Will Park Heong-joon win the 2026 Busan Mayoral Election? icon

Park Heong-joon

$14,370 Vol.

19%

Will Cho Kuk win the 2026 Busan Mayoral Election? icon

Cho Kuk

$135,280 Vol.

1%

Will Kim Do-eup win the 2026 Busan Mayoral Election? icon

Kim Do-eup

$12,488 Vol.

<1%

Will Park Seong-hoon win the 2026 Busan Mayoral Election? icon

Park Seong-hoon

$5,698 Vol.

<1%

Will Cho Kyoung-tae win the 2026 Busan Mayoral Election? icon

Cho Kyoung-tae

$8,320 Vol.

<1%

Will Choi In-ho win the 2026 Busan Mayoral Election? icon

Choi In-ho

$34,464 Vol.

<1%

Will Lee Jae-sung win the 2026 Busan Mayoral Election? icon

Lee Jae-sung

$6,097 Vol.

<1%

Will Hong Soon-heon win the 2026 Busan Mayoral Election? icon

Hong Soon-heon

$5,403 Vol.

<1%

Will Park Jae-ho win the 2026 Busan Mayoral Election? icon

Park Jae-ho

$5,735 Vol.

<1%

Will Kim Young-choon win the 2026 Busan Mayoral Election? icon

Kim Young-choon

$8,928 Vol.

<1%

Will Suh Byung-soo win the 2026 Busan Mayoral Election? icon

Suh Byung-soo

$117,105 Vol.

<1%

The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan. This market will resolve according to the listed candidate that wins this election. If the result of this election isn't known 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.Democratic Party Rep. Chun Jae-soo clinched his party's nomination for the June 3 Busan mayoral election on April 9 after a primary win, positioning him against incumbent People Power Party Mayor Park Heong-joon, who secured his nomination on April 11 seeking a third term. A Busan MBC poll on April 14 showed Chun leading 48% to Park's 35.2% in head-to-head matchups, within the margin of error, amid Chun's clearance from bribery allegations last week. Recent clashes highlight policy divides on Busan Special Act advancement. Traders reflect this momentum in 78.5% implied probability for Chun, valuing his polling edge and party support in this pivotal local election battleground, though Park's incumbency and conservative consolidation pose upset risks ahead of voting.

The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan.

This market will resolve according to the listed candidate that wins this election.

If the result of this election isn't known 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.
Volume
$387,309
End Date
Jun 3, 2026
Market Opened
Nov 12, 2025, 7:03 PM ET
The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan. This market will resolve according to the listed candidate that wins this election. If the result of this election isn't known 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.
The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan. This market will resolve according to the listed candidate that wins this election. If the result of this election isn't known 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.Democratic Party Rep. Chun Jae-soo clinched his party's nomination for the June 3 Busan mayoral election on April 9 after a primary win, positioning him against incumbent People Power Party Mayor Park Heong-joon, who secured his nomination on April 11 seeking a third term. A Busan MBC poll on April 14 showed Chun leading 48% to Park's 35.2% in head-to-head matchups, within the margin of error, amid Chun's clearance from bribery allegations last week. Recent clashes highlight policy divides on Busan Special Act advancement. Traders reflect this momentum in 78.5% implied probability for Chun, valuing his polling edge and party support in this pivotal local election battleground, though Park's incumbency and conservative consolidation pose upset risks ahead of voting.

The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan.

This market will resolve according to the listed candidate that wins this election.

If the result of this election isn't known 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.
Volume
$387,309
End Date
Jun 3, 2026
Market Opened
Nov 12, 2025, 7:03 PM ET
The 2026 Busan mayoral election is scheduled to take place on June 3, 2026 to elect the next mayor of Busan. This market will resolve according to the listed candidate that wins this election. If the result of this election isn't known 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.

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Frequently Asked Questions

"2026 Busan Mayoral Election Winner" is a prediction market on Polymarket with 12 possible outcomes where traders buy and sell shares based on what they believe will happen. The current leading outcome is "Chun Jae-soo" at 79%, followed by "Park Heong-joon" at 19%. Prices reflect real-time crowd-sourced probabilities. For example, a share priced at 79¢ implies that the market collectively assigns a 79% 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 Busan Mayoral Election Winner" has generated $387.3K in total trading volume since the market launched on Nov 13, 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 Busan Mayoral Election Winner," browse the 12 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 Busan Mayoral Election Winner" is "Chun Jae-soo" at 79%, meaning the market assigns a 79% chance to that outcome. The next closest outcome is "Park Heong-joon" at 19%. 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 Busan Mayoral Election 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.