Spencer Pratt’s odds beating incumbent Los Angeles Mayor Karen Bass in the upcoming election have surged, according to a popular prediction platform. As of Thursday morning, Kalshi had Pratt’s odds of winning at 25% compared to Bass’ 18%, marking a nearly 10% surge for the independent since April 24. Democratic socialist Nithya Raman led overall with a 60% chance. “They let my home burn down. I know the consequences of failed leadership,” Pratt added, promising to usher in a new “Golden Age” in LA. The ad received some rave reviews. Pratt had a 43% chance of coming in second, while Raman had a 30% chance, the platform said. Bass’ runner-up odd sat at 24%. The market has a betting volume of a little over $1.5 million, and any large bets placed on the three candidates can shift the odds. Bass had been the favorite since July, before Raman took the lead in March. The incumbent’s decline has led to Pratt surpassing her in the odds market.…