PolymarketPoliticsLikely noiseUpdated 1m ago

Will Iliana Iotova win the 2026 Bulgarian presidential first round by at least 40%?

As of Oct 20, 2026, 3:43 PM ET, Polymarket priced this market at 11.9% (down from 17.0% 24 hours earlier). It had $61K traded in the past 24 hours, $75.9K of order-book liquidity and a bid-ask spread of 2.0 pts. probcast.co rates the support behind this price as moderate.

Market probability
11.9%
−5.1 percentage points
over 24 hours17.0% → 11.9%
Moving fastBig move, weak backingResolving soon

Deep, easy-to-trade market — today's move came from a small group of accounts.

Price historyPolymarket

Source: Polymarket price history

How credible was the move?

Methodology →

Move validity

Moderate

Consensus stability

Unsettled

Contract clarity

High

Can you trust this price?

Two different questions: how hard the price is to move, and whose trading set it.

Market capacity

How hard is it to move this price?

DeepTight spread

Order-book liquidity

$75.9K

Bid-ask spread

2.0 pts

24h volume

$61K

Total volume

$97.8K

It would take roughly $1K of buying to move the price up by ~5 pts.

Lots of money on the book and a tight spread — a single ordinary order can't move this price much.

Who's trading

Whose opinion is this price?

A few accounts
54%of the traded money came from the single largest account

Accounts

62

Trades

200

over 2 days

Largest order

$1K

$10.4K traded across these 200 trades (last 2 days).

A small group of accounts did most of the trading — neither one whale nor a broad crowd.

Recent trade activity$10.4K traded

From the latest trade tape (most recent 200 prints) — a live activity sample, not a lifetime total.

What this market actually measures

The first round of the 2026 Bulgarian presidential election is currently expected to be held on October 25, 2026. This market will resolve according to the margin of victory between the top two candidates in the first round of the specified election.

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

The first round of the 2026 Bulgarian presidential election is currently expected to be held on October 25, 2026. This market will resolve according to the margin of victory between the top two candidates in the first round of the specified election. The "margin of victory" is defined as the absolute difference between the percentages of valid votes received by the first-place and second-place candidates. Percentages of the valid votes received by each candidate will be determined by dividing the total number of valid votes each of the top two candidates receives by the sum of all valid votes cast in the election. The candidates named in this market are individual candidates appearing on the first round ballot. They do not represent party options, and this market will not resolve based on the party affiliation of any candidate. If the reported value falls exactly between two brackets, then this market will resolve to the higher margin bracket. If two or more candidates tie for the most valid votes in this election, and the tie is between two candidates listed, this market will resolve to the lowest margin bracket for the candidate whose ballot-listed last name comes first in alphabetical order. If the tie is between a listed candidate and an unlisted candidate, this market will resolve to the lowest margin bracket for the listed candidate. If the tie is between two or more unlisted candidates, this market will resolve to "Other." This market will resolve based on the official vote count once the count has been made official. If the election results are not known definitively by June 30, 2027, 11:59 PM ET, this market will resolve to "Other". If a recount is initiated before the vote total has been made official, the market will remain open until the recount is completed and the vote is made official. The primary resolution source for this market will be the official results of the 2026 Bulgarian presidential election as published by the Central Election Commission of Bulgaria (Централна избирателна комисия); however, an overwhelming consensus of credible reporting may also be used.

Why the odds moved

The probability fell 5.1 percentage points over the last 24 hours (17.0% → 11.9%).

No verified catalyst has been linked to this move yet. ProbCast does not attribute moves to news without evidence connecting the timing of a specific report to the repricing.

What could move this market next?

  • The market's deadline arrivesOctober 25, 2026 at 7:59 PM ET

    The contract must resolve based on what has happened by this date.

Derived from the contract's own mechanics as of Oct 20, 3:44 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: medium · expected error ±23 pts.

Reacting to newsLegacy movement classifier: noisy

What's happening

high classifier confidence
Reacting to news

The price is actively repricing on real volume. The number is still moving — don't treat the latest print as settled consensus yet.

  • Probability moved 5.1 pts in ≤6h on adequate liquidity
  • Flow one-directional across 62 participants (broad, not a single order)

Read the latest price with caution; conditions make it an unreliable summary right now.

More details — reliability score, dynamics, durability
Reliability score
35Low
Where the price path tends to go nextmodel estimate
  • Trend continuation34%
  • Choppy / mean-reverting26%
  • Stable consensus22%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life <1h
PredictabilityElevated irreducibility

Secondary read: leaning toward One big trader.

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.

Change (pts)1H+1.46H-5.124H-5.17D-5.1

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