Will any presidential candidate win outright in the first round of the Brazil election?
No meaningful repricing — the probability is steady.
The pricing has partial support: healthy trading volume and market depth, a tight spread.
How credible was the move?
Three separate questions — a move can be genuine while the latest price is still settling. Methodology →
Move validity
Is the move backed by real trading and depth?
ModerateThe pricing has partial support: healthy trading volume and market depth, a tight spread.
Consensus stability
Has the market settled at the new probability?
StableThe probability has held near its current level over the past several hours.
Contract clarity
Will the rules resolve without ambiguity?
HighThe resolution rules are relatively specific, with a named source and a defined deadline.
From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.
What this market actually measures
Presidential elections are scheduled to be held in Brazil on October 4, 2026. A second round will be held if no candidate secures more than 50% of the valid votes in the first round.
This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.
View full official resolution rules
Presidential elections are scheduled to be held in Brazil on October 4, 2026. A second round will be held if no candidate secures more than 50% of the valid votes in the first round. This market will resolve to "Yes" if any candidate wins this election in the first round. Otherwise, this market will resolve to "No". If the result of the first round of this election isn't known by June 30, 2027, 11:59 PM ET, the market will resolve to "No". 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/).
What could move this market next?
- The market's deadline arrivesJune 30, 2027 at 11:59 PM ET
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Sep 23, 11:32 PM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.
Advanced analysis (experimental)
Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±14 pts.
What's happening
A tight, deep, quote-driven book with little executed flow. The price is stable but reflects resting quotes more than active trading.
- Tight spread on a liquid, calm market
- Deep, balanced resting book
The latest price is a usable but caveated read — weigh it with the market state.
More details — reliability score, dynamics, durability
- Choppy / mean-reverting93%
- Stable consensus2%
- Thin-liquidity spike2%
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
Secondary read: leaning toward Thin market.
A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.
Market data
24h volume
$26.7K
Liquidity
$83.8K
Total volume
$325.2K
- Category
- Geopolitics
- Venue
- Polymarket
- Open interest
- —
- Spread
- 0.6 pts
- Best bid
- 5.6%
- Best ask
- 6.2%
- 7-day range
- 5.8% – 5.9%
- Resolves
- Jun 30, 2027