TOTAL VOLUME:
$154.1b
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$181,481,432
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2,983,476,643
OPEN INTEREST:
$1,827,991,073
405,996
Markets across
40,551
events
MATCHED EVENTS:
4,368
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 26, 12:58 AM EST
Polymarket
The second round of the presidential election is scheduled to take place in Bahia, Brazil on October 25, 2026. This market will resolve according to the listed candidate who receives the most valid votes in the second round of this election from Bahia. Candidates will be primarily ranked by order of valid votes won in Bahia. If two or more candidates are tied for any position, ties will be broken by alphabetical order of the candidates’ listed full names as they appear in this market. This market will resolve to the candidate that occupies the highest finishing position after applying this ranking. If the result of this election isn't known definitively 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 second round of the presidential election is scheduled to take place in Bahia, Brazil on October 25, 2026. This market will resolve according to the listed candidate who receives the most valid votes in the second round of this election from Bahia. Candidates will be primarily ranked by order of valid votes won in Bahia. If two or more candidates are tied for any position, ties will be broken by alphabetical order of the candidates’ listed full names as they appear in this market. This market will resolve to the candidate that occupies the highest finishing position after applying this ranking. If the result of this election isn't known definitively 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/).
Currently, prediction market odds offer a distinct perspective when compared to traditional polling averages for the Brazilian election in Bahia. While polls attempt to capture a snapshot of voter intent, this market reflects what individuals are willing to put their money on, potentially revealing more about perceived chances of success. Discrepancies can arise due to factors like poll methodology, weighting, and the inclusion or exclusion of undecided voters. The market’s price can also incorporate information not readily available in polls, such as strategic considerations or behind-the-scenes campaign dynamics.
On Polymarket, this market is priced through a continuous auction mechanism where traders buy and sell shares representing their belief in the outcome. The price of a share directly corresponds to the implied probability of that outcome occurring. As more traders buy shares in a particular candidate, the price increases, reflecting growing confidence. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market’s price is determined entirely by supply and demand, with traders adjusting their positions based on new information and their own analysis of the political landscape in Bahia. This creates a dynamic and responsive indicator of expectations.
This market resolves around Oct 26, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will depend on official results released by the Brazilian electoral authority indicating which candidate receives the most votes in Bahia during the second round of the presidential election. The market will settle to 100% for the candidate who achieves first place, and 0% for all others. Traders should monitor official sources for the final vote count to understand how this market will be settled.
Several signals or events could significantly impact this market before its resolution. Major developments in the campaigns of the leading candidates, such as significant endorsements or impactful debates, could shift trader sentiment. Unexpected economic news or political scandals could also influence perceptions of each candidate’s chances. Additionally, shifts in polling data, even if minor, can trigger adjustments in the market price as traders react to new information. Any event that alters the perceived likelihood of either candidate winning first place in Bahia has the potential to move this market.