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24H VOL:

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2,818,096,072

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$1,851,647,753

460,044

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Elections
Brazil presidential runoff: which states will Flávio Bolsonaro win?
kalshi

Brazil presidential runoff: which states will Flávio Bolsonaro win?

Oct 5, 2026, 5:00 PM EST - Nov 25, 2027, 10:00 AM EST
Total volume:
$102,750
Volume 24h:
$6,837
30%
Liquidity:
N/AN/A
Open interest:
$36,925
6%

Roraima

 - Kalshi

Roraima - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Nov 25, 2027

Will Flávio Bolsonaro win Roraima in the Brazil presidential runoff?

98%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 99¢ buys you 101 shares | Odds: 98% Total Payout: $101 | Net Profit: $1 Multiplier: 1.01x | ROI: 1% | APY: 0.93% 395 days to resolution
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Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

Roraima

Trade
98%
1%
Yes 99¢No 2¢
1¢
N/A
$201
0.5%
N/A
$201
1y 1mo
active
kalshi

Tocantins

98%
Yes 100¢No 3¢
3¢
N/A
$23,538
0%
5%
$7,298
1y 1mo
active
kalshi

Minas Gerais

96%
5%
Yes 96¢No 5¢
1¢
N/A
$13,359
6%
23%
$7,458
1y 1mo
active
kalshi

Amapá

66%
5%
Yes 67¢No 35¢
2¢
N/A
$26,108
2%
45%
$8,241
1y 1mo
active
kalshi

Amazonas

26%
5%
Yes 29¢No 75¢
4¢
N/A
$20,409
18%
53%
$4,271
1y 1mo
active
kalshi

Pará

9%
6%
Yes 11¢No 91¢
2¢
N/A
$17,267
17%
44%
$8,338
1y 1mo
active
kalshi

Alagoas

2%
Yes 3¢No 100¢
3¢
N/A
$1,868
0%
5%
$1,118
1y 1mo
active
Total markets: 7

Description

The outcome tracks whether Flávio Bolsonaro secures the highest vote count in individual Brazilian states during the 2026 presidential runoff. Each state's result is evaluated separately, focusing solely on domestic votes within that state's borders.

Kalshi

Each market assesses whether Flávio Bolsonaro achieves first place in a specified Brazilian state during the October 25, 2026 presidential runoff. Rankings derive exclusively from runoff vote totals certified by Brazil's Tribunal Superior Eleitoral (TSE) for that state. In the event of tied vote counts, resolution occurs proportionally (1 divided by the number of tied entities). Candidates who withdraw or are disqualified after the filing deadline but remain on the ballot are ranked according to the votes they received. Overseas votes are excluded from all state calculations. The five markets correspond to the states of Amapá, Amazonas, Minas Gerais, Pará, and Tocantins, each evaluated under identical criteria.

Frequently asked questions

Currently, prediction market odds offer a distinct perspective compared to many analyst forecasts regarding the Brazilian presidential runoff. While polls and expert opinions provide valuable insights, this market aggregates the wisdom of the crowd, reflecting a diverse range of informed opinions. Discrepancies often arise due to differing methodologies and the ability of market participants to rapidly incorporate new information. It’s important to note that prediction markets can sometimes identify outcomes that diverge from conventional wisdom, potentially offering a more accurate assessment of the likely results.

On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing each state Bolsonaro might win, and the price of each contract reflects the market’s assessment of the probability of that outcome. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information becomes available, the prices adjust to reflect changing expectations. The current prices on Kalshi represent the collective wisdom of those trading on the event, and are influenced by factors like polling data, news reports, and political analysis. The volume traded on each state provides insight into how strongly traders feel about each outcome.

This market resolves around Nov 25, 2027, with the outcome determined by which states Flávio Bolsonaro is officially declared to have won following the Brazilian presidential runoff election. The results will be verified against credible public reporting from official election authorities. The market will settle based on the official results announced by these sources, confirming the final state-by-state breakdown of the election. Traders will then be paid out based on whether their predictions aligned with the verified outcome of the Brazilian presidential runoff.

Several signals or events could significantly impact this market before Nov 25, 2027. Major developments in the campaign, such as significant policy announcements, unexpected endorsements, or impactful debate performances, could shift voter sentiment and influence trading activity. Economic data releases, particularly those related to Brazil’s economic outlook, could also play a role. Furthermore, any unforeseen political events or controversies could introduce volatility and lead to price adjustments in this market. Monitoring these factors will be crucial for understanding the evolving probabilities of different outcomes.