TOTAL VOLUME:

$148.6b

24H VOL:

$157,649,362

24H TRANSACTIONS:

2,818,096,072

OPEN INTEREST:

$1,813,780,524

458,563

Markets across

34,906

events

MATCHED EVENTS:

2,790

PLATFORM COVERAGE:

5

Polymarket:

38%

VS.

Kalshi:

62%

BETA
Dashboards
Tour
All
Politics
Brazil Presidential Election
kalshi
polymarket
predict
opinion

Who will win the Brazil Presidential Election?

Total volume:
$221,403,148
Volume 24h:
$6,493,091
53%
Liquidity:
$1,679,104
94%
Open interest:
$5,801,506
7%

Flávio Bolsonaro

all

4 markets

Opinion

Kalshi

Polymarket

Predict

consensus

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Nov 25, 2027

Flávio Bolsonaro

90%chance
Amount

$

Trade on
opinion

Trade on Opinion

At 90¢ buys you 111 shares | Odds: 90% Total Payout: $111 | Net Profit: $11 Multiplier: 1.11x | ROI: 11% | APY: N/A
You will be redirected to the platform to complete this trade.
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
opinion

Flávio Bolsonaro

Trade
90%
Yes 90¢No 10¢
—
N/A
$108
0%
N/A
N/A
0d 0h 0m
active
kalshi

Flávio Bolsonaro

81%
1%
Yes 81¢No 20¢
1¢
N/A
$4,016,606
10%
29%
$1,598,348
1y 1mo
active
polymarket

Flávio Bolsonaro

80%
1%
Yes 80¢No 20.1¢
0.1¢
$475,591
$28,136,831
7%
26%
N/A
0d 0h 0m
active
predict

Flávio Bolsonaro

79%
1%
Yes 79.3¢No 21.6¢
0.9¢
$101,752
$941,881
7%
85%
N/A
17h 4m
active
PredictionHero
PH Consensus
80%
Yes 82.6¢No 17.9¢
Avg: 0.7¢Max: 1¢
opinion

Luiz Inácio Lula da Silva

71%
Yes 70.5¢No 29.5¢
—
N/A
$225
0%
0%
N/A
0d 0h 0m
active
kalshi

Luiz Inácio Lula da Silva

21%
2%
Yes 21¢No 80¢
1¢
N/A
$5,289,948
7%
52%
$2,298,008
1y 1mo
active
polymarket

Luiz Inácio Lula da Silva

21%
1%
Yes 21¢No 80¢
1¢
$606,215
$30,895,863
5%
18%
N/A
0d 0h 0m
active
predict

Luiz Inácio Lula da Silva

21%
2%
Yes 20.8¢No 79.9¢
0.7¢
$64,625
$1,051,435
5%
111%
N/A
17h 4m
active
PredictionHero
PH Consensus
20.6%
Yes 33.3¢No 67.4¢
Avg: 0.9¢Max: 1¢
polymarket

Person O

N/A
N/A
100¢
N/A
N/A
N/A
N/A
N/A
0d 0h 0m
disputed
polymarket

Renan Santos

0%
Yes 0¢No 100¢
—
N/A
$17,121,884
N/A
N/A
N/A
Settled
No
kalshi

Renan Santos

0%
Yes 0¢No 100¢
—
N/A
$1,208,872
N/A
N/A
$770,982
1h 4m
No
predict

Renan Santos

0%
Yes 0¢No 100¢
—
$62,876
$166,029
N/A
N/A
N/A
17h 4m
No
opinion

Renan Santos

N/A
N/A
—
N/A
N/A
N/A
N/A
N/A
Settled
No
polymarket

Tarcisio de Freitas

0%
Yes 0¢No 100¢
—
N/A
$14,956,503
N/A
N/A
N/A
Settled
No
predict

Tarcisio de Freitas

0%
Yes 0¢No 100¢
—
$39,877
$2,171,572
N/A
N/A
N/A
17h 4m
No
kalshi

Tarcísio de Freitas

0%
Yes 0¢No 100¢
—
N/A
$269,596
N/A
N/A
$81,824
1h 4m
No
polymarket

Ratinho Júnior

0%
Yes 0¢No 100¢
—
N/A
$10,501,754
N/A
N/A
N/A
Settled
No
kalshi

Ratinho Júnior

0%
Yes 0¢No 100¢
—
N/A
$138,881
N/A
N/A
$62,667
1h 4m
No
predict

Ratinho Júnior

0%
Yes 0¢No 100¢
—
$37,388
$65,805
N/A
N/A
N/A
17h 4m
No
polymarket

Eduardo Bolsonaro

0%
Yes 0¢No 100¢
—
N/A
$10,485,717
N/A
N/A
N/A
Settled
No
predict

Eduardo Bolsonaro

0%
Yes 0¢No 100¢
—
$36,910
$111,699
N/A
N/A
N/A
17h 4m
No
kalshi

Eduardo Bolsonaro

0%
Yes 0¢No 100¢
—
N/A
$57,664
N/A
N/A
$57,568
1h 4m
No
polymarket

Michelle Bolsonaro

0%
Yes 0¢No 100¢
—
N/A
$10,417,999
N/A
N/A
N/A
Settled
No
predict

Michelle Bolsonaro

0%
Yes 0¢No 100¢
—
$39,805
$3,725,776
N/A
N/A
N/A
17h 4m
No
kalshi

Michelle Bolsonaro

0%
Yes 0¢No 100¢
—
N/A
$110,138
N/A
N/A
$67,791
1h 4m
No
Total markets: 25 of 56

Intro

This market tracks the outcome of the 2026 Brazilian presidential election, forecasting which candidate will win the presidency, potentially after a second round of voting. Currently, Flávio Bolsonaro is predicted to win with a 90.0% probability, while Luiz Inácio Lula da Silva is at 70.5%. This aggregated view combines data from Kalshi, Polymarket, Predict, and Opinion, and will resolve based on official results from https://dadosabertos.tse.jus.br/. Keep an eye on June 30, 2027, as Polymarket will resolve to “Other” if a winner is not determined by that date.

PredictionHero - Resolution Divergence Alerts (RDA)

Divergence Detected

Issue: Polymarket includes a large number of 'Person X' candidates, while Kalshi focuses on a defined set of named candidates, creating a scope divergence.Hero tip: Be mindful of the broader candidate pool on Polymarket. A less-known candidate winning could trigger resolution on Polymarket, while Kalshi focuses on the more prominent contenders.

Critical divergence points:

  • Polymarket: Polymarket markets cover a wide range of potential candidates, including generic 'Person X' options. Resolution is based on the candidate listed as the winner by a consensus of credible reporting or the official TSE results, with a fallback to 'Other' if no winner is determined by June 30, 2027. "This market includes any potential second round. If the result of this election isn't known by June 30, 2027, 11:59 PM ET, the market will resolve to "Other".
  • Kalshi: Kalshi markets are specific to named candidates. Resolution occurs if the named candidate wins the election. "If Aldo Rebelo has won the 2026 Brazilian presidential election, then the market resolves to Yes."
Our PredictionHero Resolution Divergence Alerts (RDA) are there to help users identify potential differences across platforms. They do not replace or supersede the official rules and description of any prediction market. Users are solely responsible for reviewing and understanding the applicable rules and resolution criteria before placing any trade or bet. If you notice a potential inconsistency, discrepancy, or error in an alert, please report it to our team so we can review and improve the accuracy of our data.

Polymarket

A presidential election is scheduled to take place in Brazil on October 4, 2026. This market will resolve according to the listed candidate that wins this election. This market includes any potential second round. If the result of this election isn't known by June 30, 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 Brazilian government, specifically the Superior Electoral Court (Tribunal Superior Eleitoral, TSE) (e.g., https://dadosabertos.tse.jus.br/).

Kalshi

The 2026 Brazilian presidential election will determine the winner among the specified candidates. Each candidate outcome resolves to Yes if that individual wins the election. The market encompasses candidates from various political backgrounds and regions of Brazil, reflecting the competitive nature of the race. Resolution is based on the official results of the 2026 presidential election as recognized by Brazilian electoral authorities.

Predict

A presidential election is scheduled to take place in Brazil on October 4, 2026. This market will resolve according to the listed candidate that wins this election. This market includes any potential second round. If the result of this election isn't known by June 30, 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 Brazilian government, specifically the Superior Electoral Court (Tribunal Superior Eleitoral, TSE) (e.g., https://dadosabertos.tse.jus.br/).

Opinion

A presidential election is scheduled to take place in Brazil on October 4, 2026. This market will resolve according to the listed candidate that wins this election. This market includes any potential second round. If the result of this election isn't known by June 30, 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 Brazilian government, specifically the Superior Electoral Court (Tribunal Superior Eleitoral, TSE) (e.g., https://dadosabertos.tse.jus.br/).

Frequently asked questions

On Polymarket and Kalshi, this dashboard tracks the collective wisdom of traders predicting the outcome of the Brazil presidential election. Currently, the Polymarket and Kalshi markets show a consensus view, with a combined volume of $221,402,774 and 24-hour volume of $3,999,857. The dashboard aggregates data from both platforms to provide a comprehensive overview of the probabilities assigned to different potential winners. This allows for a broader understanding of expectations than looking at any single market in isolation. The current view of the Brazil presidential election market reflects a dynamic assessment of evolving information.

Prediction market odds, like those found in this market, often offer a different perspective than traditional polling averages. While polls capture stated preferences, this market reflects what people are willing to *stake* on those preferences. This can lead to divergences, as prediction markets incorporate not only who is currently favored but also assessments of uncertainty and the likelihood of unexpected events. Polling averages can be susceptible to biases in sampling or question wording, whereas the financial incentive in this market encourages more honest and informed predictions. It's important to consider both sources of information when forming an overall view.

Prices on Polymarket and Kalshi can diverge for several reasons. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform has its own user base, trading dynamics, and fee structures, all of which can influence price discovery. Differences in liquidity – the amount of volume traded – can also contribute to price discrepancies. Furthermore, differing interpretations of available information or varying levels of risk aversion among traders on each platform can lead to differing probabilities. Currently, Polymarket currently favors Will Flávio Bolsonaro win the 2026 Brazilian presidential election? at 80.0%, while Kalshi leans toward Will Flávio Bolsonaro win the 2026 Brazilian presidential election? at 81.0%.

This market resolves around Nov 25, 2027, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will be based on the official results declared by the relevant electoral authorities in Brazil. The outcome will reflect the candidate who receives the most votes in the presidential election. The process ensures a transparent and objective determination of the winner, aligned with established democratic procedures and widely accepted sources of truth. Traders should monitor official announcements as the election progresses to stay informed about the potential resolution timeline.

Numerous signals and events could significantly impact this market. Major developments in the Brazilian economy, such as shifts in inflation or unemployment rates, could influence voter sentiment. Significant political endorsements or scandals involving leading candidates would also likely cause price movements. Unexpected policy announcements or changes in campaign strategy could also shift probabilities. Furthermore, external factors like international relations or global economic trends could play a role. Any event that alters perceptions of the candidates’ chances of winning has the potential to move this market.