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Prediction Markets · Fri, Oct 16, 2026

Traders price Flávio Bolsonaro ahead at 79.0% in Brazil's presidential race

Polymarket odds for the Brazil Presidential Election put Flávio Bolsonaro at 79.0% and Luiz Inácio Lula da Silva at 20.5%. These are market-implied probabilities, not forecasts.

LeadingFlávio Bolsonaro79.0%
~30-day move+24.7 pp
Volume$184.15M
24h volume$2.29M
Markets2
Ends2026-10-26
Probability of “Flávio Bolsonaro”Polymarket CLOB price history · 12-hour points · market-implied
Flávio Bolsonaro probability: 09-16 54% → 10-16 79%; high 89% (10-10), low 54% (09-17)45%62%78%95%09-1610-0110-16
402 · Pay-per-Crawl$0.01

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What the market asks and how it resolves

The market asks which listed candidate wins Brazil's presidential election, which the resolution text schedules for October 4, 2026. It includes any second round. Resolution follows a consensus of credible reporting, with official results from the Superior Electoral Court (Tribunal Superior Eleitoral, TSE) as the reference if reporting is ambiguous. If the result is not known by June 30, 2027, 11:59 PM ET, the market resolves to 'Other'. The event has two active markets, total volume of $184.15M, and $2.29M traded in the last 24 hours.

How traders price it now and how it moved

Flávio Bolsonaro's market-implied probability of winning stands at 79.0%, against 20.5% for Luiz Inácio Lula da Silva. Over the last 61 half-day points, his price started at 54.3% and now sits at 79.0%, a change of +24.7 percentage points. The series low was 54.2% and the high reached 88.9%, so the current price is below that peak. These figures describe where traders are positioned as new information arrives, not how the vote will go.

How concentrated the odds are

The odds sit mainly with two candidates: Flávio Bolsonaro at 79.0% and Luiz Inácio Lula da Silva at 20.5%. That split points to a clear favorite in trader pricing, though the gap has narrowed from the 88.9% high seen during the period. Trading interest is substantial, with $184.15M in total volume and $2.29M in the last 24 hours. Concentrated odds reflect current positioning only.

Current odds

Yes probability by marketFri, Oct 16, 2026 · Polymarket
Yes probability per market: Flávio Bolsonaro 79.0%, Luiz Inácio Lula da Silva 20.5%Flávio Bolsonaro79.0%Luiz Inácio Lula da Silva20.5%
MarketYesVolume
Flávio Bolsonaro79.0%$20.90M
Luiz Inácio Lula da Silva20.5%$24.80M

What decides this market

  • Resolution uses the listed candidate who wins, and any second round is included.
  • A consensus of credible reporting decides, with TSE official results as the fallback for ambiguity.
  • If no result is known by June 30, 2027, 11:59 PM ET, the market resolves to 'Other'.

Resolution rules

A presidential election is scheduled to take place in Brazil on October 4, 2026. This market will resolve according to the listed candidate that wins this election. This market includes any potential second round. If the result of this election isn't known by June 30, 2027, 11:59 PM ET, the market will resolve to "Other". 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/).

Quoted from the market's description on Polymarket.

FAQ

Does a second round count toward this market?

Yes. The resolution text states the market includes any potential second round, so the winner of the final decisive round determines the outcome for the listed candidate.

What happens if the result is not known by the deadline?

If the election result is not known by June 30, 2027, 11:59 PM ET, the market resolves to 'Other' under the resolution text, regardless of the earlier candidate prices.

Do these odds predict who will win?

No. The odds are market-implied probabilities of Yes, reflecting how traders are positioned at a given time. They are not forecasts or advice about the election result.

View on Polymarket ↗

How this page is made. Odds, volume and price history come from the AISA Polymarket APIs (Gamma events and CLOB prices-history). The analysis is written by a language model from those numbers and the market’s own resolution text only — any figure not in that data is removed. Probabilities are what traders are paying, not forecasts.

Sources & citations

  1. Brazil Presidential Election on Polymarket
  2. Polymarket via AISA API