PolymarketGeopoliticsUpdated 6m ago

Will Romeu Zema qualify for Brazil's presidential runoff?

As of Oct 4, 2026, 1:59 AM ET, Polymarket priced this market at 0.3% (little changed over 24 hours). It had $32K traded in the past 24 hours and $71.1K of order-book liquidity. probcast.co rates the support behind this price as moderate.

Market probability
0.3%
Little changed over 24 hours
Less than a day until the event deadline
Deadline: October 4, 2026 at 11:59 PM ET

No meaningful repricing — the probability is steady.

The pricing has partial support: healthy trading volume and market depth.

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?

Moderate

The pricing has partial support: healthy trading volume and market depth.

Consensus stability

Has the market settled at the new probability?

Stable

The probability has held near its current level over the past several hours.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

Recent trade activity$86 traded

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 arrivesOctober 4, 2026 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 Oct 4, 2:06 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 ±16 pts.

Resolving soonLegacy movement classifier: watch

What's happening

medium classifier confidence
Resolving soon

Near resolution or with ambiguous wording, pricing is mechanically thin and can swing on tiny trades. Read end-of-life prices with extra caution.

  • Resolves in 1 day(s) — end-of-life pricing is mechanically thin

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
14Low
Where the price path tends to go next389 observed
  • Choppy / mean-reverting88%
  • Stable consensus5%
  • Illiquid / quiet3%

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

DurabilityHigh· half-life ~3d
PredictabilityStable

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

$32K

Liquidity

$71.1K

Total volume

$35.3K

Category
Geopolitics
Venue
Polymarket
Open interest
—
Spread
0.0 pts
Best bid
0.3%
Best ask
0.5%
7-day range
0.1% – 0.3%
Resolves
Oct 4, 2026
Change (pts)1H0.06H0.024H+0.27D+0.2