PolymarketGeopoliticsDevelopingUpdated 7m ago

Will Javier Milei win the 2027 Argentina presidential election?

As of Oct 16, 2026, 3:10 AM ET, Polymarket priced this market at 48.5% (up from 46.0% 24 hours earlier). It had $35.9K traded in the past 24 hours, $84.6K of order-book liquidity and a bid-ask spread of 1.0 pts. probcast.co rates the support behind this price as moderate.

Market probability
48.5%
+2.5 percentage points
over 24 hours46.0% → 48.5%

Thin market where small orders can move the price — 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

Forming

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?

ThinTight spread

Order-book liquidity

$84.6K

Bid-ask spread

1.0 pts

24h volume

$35.9K

Total volume

$241K

It would take roughly $16.4K of buying to move the price up by ~5 pts.

Little money on the book — a modest order can move this price, so treat swings with care.

Who's trading

Whose opinion is this price?

A few accounts
57%of the traded money came from the single largest account

Accounts

94

Trades

200

over 8 days

Largest order

$10.4K

$21.4K traded across these 200 trades (last 8 days).

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

Recent trade activity$21.4K traded

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

What this market actually measures

A presidential election scheduled to be held in Argentina on October 24, 2027. This market will resolve according to the listed candidate who wins the next Argentinian Presidential 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

A presidential election scheduled to be held in Argentina on October 24, 2027. This market will resolve according to the listed candidate who wins the next Argentinian Presidential election. This market includes any potential second round. If the results are not known definitively by October 31, 2028, 11:59 PM ET, this market will resolve to "Other". This market will resolve based on the results of this election, as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve solely based on official results as reported by Argentina government sources, including the Cámara Nacional Electoral (https://www.electoral.gob.ar/nuevo/index.php) and the Dirección Nacional Electoral (https://www.argentina.gob.ar/dine).

Resolution source: electoral.gob.ar

What could move this market next?

  • The market's deadline arrivesOctober 24, 2027 at 11:59 PM ET

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

  • Confirmation at the resolution source (electoral.gob.ar)

    The rules name this source as the basis for settlement.

Derived from the contract's own mechanics as of Oct 16, 3:17 AM 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 ±21 pts.

Thin marketLegacy movement classifier: watch

What's happening

medium classifier confidence
Thin market

Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.

  • Thin book and/or wide spread.

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

More details — reliability score, dynamics, durability
Reliability score
19Low
Where the price path tends to go next1166 observed
  • Choppy / mean-reverting98%
  • Stable consensus1%

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

DurabilityHigh· half-life ~2h
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)1H0.06H+2.524H+2.57D+2.5