Will Luiz Inácio Lula da Silva qualify for Brazil's presidential runoff?
A repricing with partial backing — read the new probability with some caution.
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
General elections are scheduled to take place in Brazil on October 4, 2026. If no candidate wins outright in the first round, the top two candidates proceed to a runoff.
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
General elections are scheduled to take place in Brazil on October 4, 2026. If no candidate wins outright in the first round, the top two candidates proceed to a runoff. This market will resolve to "Yes" if the listed candidate advances to Brazil's presidential runoff election or otherwise wins outright in the first round. Otherwise, this market will resolve to "No". If the president is decided in the first round of the election but the listed candidate is not the winner or the result of this election isn't known definitively 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 27, 6:37 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 ±15 pts.
What's happening
Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.
- Book runs out before absorbing a 5-pt move (fragile depth)
Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.
More details — reliability score, dynamics, durability
- Choppy / mean-reverting95%
- Stable consensus3%
- Thin-liquidity spike1%
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
Secondary read: leaning toward Quote-driven.
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
$21.2K
Liquidity
$50.4K
Total volume
$377.7K
- Category
- Geopolitics
- Venue
- Polymarket
- Open interest
- —
- Spread
- 0.5 pts
- Best bid
- 96.1%
- Best ask
- 96.6%
- 7-day range
- 95.9% – 96.4%
- Resolves
- Jun 30, 2027