TOTAL VOLUME:
$143.5b
24H VOL:
$195,145,316
24H TRANSACTIONS:
2,692,168,434
OPEN INTEREST:
$1,731,064,451
482,647
Markets across
36,631
events
MATCHED EVENTS:
2,924
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$
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 the official election results as reported by the TSE following the first round of voting on October 4, 2026, to see if a second round will be necessary.
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/).
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.
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/).
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/).
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 77.0%, while Kalshi leans toward Will Flávio Bolsonaro win the 2026 Brazilian presidential election? at 79.0%.
This market resolves around Oct 26, 2026, 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.