TOTAL VOLUME:
$142.4b
24H VOL:
$104,871,197
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,592,701,755
469,827
Markets across
35,657
events
MATCHED EVENTS:
2,899
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
Jean-Luc Mélenchon
- Kalshi
Jean-Luc Mélenchon - Kalshi
1W
News
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Vol.
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Resolves May 1, 2027
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This event tracks predictions about which candidate will secure the third position in the first round of the upcoming French presidential election. Outcomes depend solely on official vote tallies, with specific rules for handling tied results or unexpected candidates.
The event resolves based on the certified results of the first round of the next French presidential election, scheduled for April 18, 2027. Each market corresponds to a specific candidate, and the market resolves to 'Yes' only if that candidate finishes in third place according to the official vote count proclaimed by the Constitutional Council. Ranking is determined by the plurality voting system, where each candidate's position is based on the total number of votes they receive in the first round, irrespective of whether a second round occurs or who ultimately wins the election. In the event of exact vote ties for third place, the market resolves proportionally, awarding a fraction of the payout equal to one divided by the number of tied candidates. Importantly, if a candidate not listed in any of the markets finishes third, all markets automatically resolve as 'No'. Additionally, candidates who withdraw or are disqualified after the ballot list is finalized but remain on the ballot are still ranked according to the votes they received, ensuring that their performance impacts the market outcomes as if they had remained active participants.
Currently, prediction market odds often reflect a different perspective than traditional analyst forecasts. While polls and expert opinions provide valuable insights, this market aggregates the views of a diverse group of individuals incentivized to accurately predict the outcome. Discrepancies can arise due to differing methodologies, biases, or the incorporation of information not readily available to analysts. It’s common to see this market adjust rapidly to new information, potentially leading to divergences from initial polling data and expert predictions.
On Kalshi, this market is priced using a continuous double auction, meaning traders buy and sell contracts representing the probability of a candidate achieving third place. The price of a contract reflects the market’s collective assessment of that outcome's likelihood. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate, the price fluctuates, providing a real-time indication of perceived probabilities. The market’s depth, indicated by the bid-ask spread, also provides insights into the level of confidence in the current pricing.
This market resolves around May 1, 2027, with the outcome confirmed once the official results of the first round of the French presidential election are verifiable from credible public reporting. Resolution will be based on the candidate who receives the third-highest percentage of votes in the official count. The platform will then determine the payout to contract holders based on the final outcome, reflecting the probabilities established during trading.
Several factors could significantly influence this market. Major political endorsements, significant shifts in public opinion revealed by polling data, and unexpected events impacting the campaigns of key candidates are all potential catalysts. Economic news, debates, and any scandals involving the candidates could also trigger substantial price movements. Furthermore, any changes in the political landscape, such as the emergence of a new contender or a major policy announcement, could reshape the market’s assessment of the probabilities.