State of Emergency in LA by Friday?

But it’s not full “ state of emergency “ this is particularly done

Good

Obvious yes

"ermm..its actually a no because of some made up bs🤓" -no holders

nice bets

This market is unclear. The mayor can only declare local emergency which was done already. The rules are not clear if this suffices. I have asked the Polymarket team for a clarification.

While it's fair to seek clarification from the PolyMarket team, the market's clarity lies precisely in its explicit wording, not external legal definitions. The rules plainly state 'by the City of Los Angeles' is a valid declaring authority for 'a state of emergency.' To argue otherwise requires selectively ignoring part of the market's own criteria. Mayor Bass's declaration, made by the City, unequivocally satisfies that specific condition as written. The ambiguity you perceive arises from imposing external legal nuances where the market's terms are already self-defining

There have been many markets where they rules stated that someone may are able to do something even though they were not. I just think the price of No is cheap and its a rough 50-50.

If the market's intent was a statewide emergency, or one issued by the governor, then the rules would not have allowed declarations by the City, County and federal government. All levels of government have the ability to issue emergency declarations, with slightly different names but the same purpose. At the city level that's called a local emergency.

Exactly

Very gay market, should imo resolve as Y but very ambiguous

poly just don't know how to write rules :/

It’s funny how everyone who thinks they’re right (Yes holders) have to huddle up together to jerk eachother off while regurgitating the same thing. Wait for the market to resolve to see if this LOCAL emergency counts. Its 10 am in LA and nothing yet.

B..[link removed] the mayor!

Got proof of that mate

That the market will resolve to yes cause of it

Clearly resolvable, what is the N argument here?

Yeah, given the context (curfew, mass arrests, official declaration by the mayor) it fits the market's intent.

Local emergency is different then state emergency, textbook 101 legal argument when it comes to the jurisdictional rights of counties vs states.

Lol, how is this still 74c

👋

sheeeeiiit get those shops and steal some cars og for your baby mama

the fact that I saw people stealing Iphones I know this is a sure yes

dont get intimidated in this ice and marines bs

Lets keep the riot folks

I sold outta No. I think the argument about “declared by the City of Los Angeles” is semi valid and although I don’t think the literal definition of the rules have been met because in the literal sense it’s not a “State of Emergency” I seem to be the only one arguing it isn’t valid and I don’t want to single handedly hold up this Market when there is consensus among everyone else. Best of luck fellas👍

i have also lowered most of my yes exposure. i think this is a rules interpretation market

no he lost all his savings

"username3 sold 737 No at 14.5 ($107)"

I am actually aware of a similar incident that happened before. There was a Polymarket question titled, "Will a 50% tariff be imposed on China?" Back then, Trump raised the tariffs to over 100%, and the No holders argued that 50% and 100% were different, claiming they were correct. However, the concept of a 50% tariff is included within a 100% tariff. As a result, they lost. This case is not much different. In this market, the term "state of emergency" includes "local state of emergency."

I fully grasp the legal distinction you're repeatedly referencing under California Government Code 8558. However, that legal distinction is precisely what the market's own wording explicitly bypasses. The resolution criteria do not refer to external legal codes; they define what qualifies for this specific bet by listing 'by the City of Los Angeles' as a valid authority for 'a state of emergency.' Mayor Bass's declaration fits that explicit market definition perfectly. Further debate on California's statute is irrelevant to this market's clear requirements.

please propose a resolution

Anyone who passionately argues Yes, why haven’t you won yet? No one answers that 🤣

You bought No shares for 55$ but now have to sell for 27$, do you understand the market?

The market rules clearly state that this market will resolve to 'Yes' if a 'state of emergency' is officially declared for any portion of the City of Los Angeles by the City of Los Angeles, Los Angeles County, the State of California, or the federal government. The declaration by the Mayor of Los Angeles qualifies as an official declaration by the City of Los Angeles, which meets the condition set in the rules. The rules do not specify that the 'state of emergency' must come from a higher authority or distinguish it from a 'local state of emergency.' Therefore, the Mayor's declaration should resolve this market to 'Yes.'

Keyword: local

Alr im out for now… it could go both, and I think its very hard to decide whether it will go yes or no