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Live prediction market odds for Brazil presidential election: first round winner?. Compare prices across Kalshi and PredictIt and Opinion.

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Kalshi / PredictIt / Opinion

Brazil presidential election: first round winner?

2026-10-04

About This Market

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Polymarket, Kalshi, and PredictIt are tracking the first round winner of the Brazil presidential election scheduled for October 4, 2026. The outcome will influence Brazil's political direction and governance, impacting both domestic policies and international relations in the region.

Luiz Inácio Lula leads the “Brazil presidential election: first round winner” event at 53.5% implied probability, followed by Flávio Bolsonaro at 44.2%. A 22.5% cross-platform spread signals an active arbitrage window.

Price History

Multi-Platform Probabilities
Loading 30D data…

Live Markets

3 platforms
LI
Luiz Inácio LulaARB
54% Avg
Kalshi52¢
PredictIt61¢
PlatformImplied %Yes — Bid / AskNo — Bid / Ask
KalshiKalshi
47.0%42¢52¢48¢58¢
PredictItPredictIt
60.5%60¢61¢39¢40¢
FB
Flávio BolsonaroARB
45% Avg
Kalshi36¢
PredictIt55¢
Opinion90¢
PlatformImplied %Yes — Bid / AskNo — Bid / Ask
KalshiKalshi
32.5%29¢36¢64¢71¢
PredictItPredictIt
47.0%39¢55¢45¢61¢
OpinionOpinion
55.0%20¢90¢10¢80¢

Candidate Spotlight

About Luiz Inácio Lula

Luiz Inácio Lula da Silva is the current President of Brazil, having been inaugurated on January 1, 2023. He previously served as President from 2003 to 2011, during which he implemented social welfare programs that significantly reduced poverty. His extensive political experience and leadership make him a central figure in Brazil's upcoming presidential election.

Prediction Market Track Record

Who will Trump talk to in JanuaryWONPre-event: 4%

Frequently Asked Questions

What factors influence the odds for the Brazil presidential election?

Polling data, candidate popularity, and recent political events play crucial roles in shaping the odds. Additionally, economic conditions and public sentiment can sway voter preferences leading up to the election.

How does the first round of voting work in Brazil's presidential elections?

In Brazil, if no candidate receives more than 50% of the votes in the first round, a runoff is held between the top two candidates. This system ensures that the elected president has a majority support.

What is at stake in the 2026 Brazil presidential election?

The election will determine Brazil's leadership and set the course for economic policies, social reforms, and environmental initiatives. The outcome will also affect Brazil's role on the global stage, particularly in trade and diplomacy.

What is "Brazil presidential election: first round winner?" and why does it matter?

Brazil presidential election: first round winner is a prediction market event currently tracked across 3 platforms (Kalshi, PredictIt, Opinion). Luiz Inácio Lula leads at 54% implied probability, making it the market favorite. Other contenders include Flávio Bolsonaro at 39%.

What is moving the odds on "Brazil presidential election: first round winner?"?

Luiz Inácio Lula currently leads at 54% implied probability. Behind Luiz Inácio Lula, Flávio Bolsonaro at 39% are the next closest contenders. The 22.5% cross-platform spread suggested platforms were pricing new information differently, creating potential trading opportunities.

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Resolution Oracles

KalshiKalshi
Kalshi Rules
OpinionOpinion
Opinion AIdadosabertos.tse.jus.br
Read Full Market Rulebooks
Stats
Spread22.5%
Platforms3
Candidates2

Market Rulebook: Brazil presidential election: first round winner?

Official settlement criteria, resolution sources, and edge cases across Kalshi and Opinion.

KalshiKalshi
Primary Rule

If Flávio Bolsonaro wins the first round of the 2026 Brazilian presidential election, then the market resolves to Yes.

Resolution Oracles
Kalshi Rules
OpinionOpinion
Primary Rule

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/).

Resolution Oracles
Opinion AIdadosabertos.tse.jus.br

Historical Track Record

Scroll to view past markets

Who will Trump talk to in January

Resolved

2026-01-31

WONLuiz Inácio Lula
Pre-event: 4%
Learn more:How to Read Prediction Market PricesCompare Fees Before You TradeNew to Polymarket?
Leader

Luiz Inácio Lula

53.5% avg