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Live prediction market odds for Brazil presidential election: first round winner?. Compare prices across Kalshi and PredictIt.

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Brazil presidential election: first round winner?

2026-10-04

Best price · tap to trade

Luiz Inácio Lula76¢1.32xKalshiFlávio Bolsonaro25¢4.00xKalshiFernando Haddad0¢Kalshi
Compare all 7 outcomes across 2 venues

About This Market

Traders give Luiz Inácio Lula about a 59.3% chance. Flávio Bolsonaro follows at 42.5%, Fernando Haddad follows at 0.1%, and Renan Santos follows at 0.1%. Compare prices from Kalshi and PredictIt. The largest cross-platform price difference is 37.0 percentage points.

Traders give Luiz Inácio Lula about a 59.3% chance. Flávio Bolsonaro follows at 42.5%, Fernando Haddad follows at 0.1%, and Renan Santos follows at 0.1%. Compare prices from Kalshi and PredictIt. The largest cross-platform price difference is 37.0 percentage points.

Polymarket, Kalshi, and PredictIt are tracking the first round winner of the Brazil presidential election scheduled for October 4, 2026. The outcome will influence Brazil's political direction and governance, impacting both domestic policies and international relations in the region.

Price History

Multi-Platform Probabilities
Loading 30D data…

Live Markets

2 platforms
OutcomeConsensus
KalshiKalshi
PredictItPredictIt
Best price
LI
Luiz Inácio LulaARB
59%
Kalshi76¢
PredictIt45¢
Kalshi1.32x76¢
PlatformImplied %Yes bid / askNo bid / ask
KalshiKalshi
75.5%75¢76¢24¢25¢
PredictItPredictIt
43.0%41¢45¢55¢59¢
FB
Flávio BolsonaroARB
43%
Kalshi25¢
PredictIt62¢
Kalshi4.00x25¢
PlatformImplied %Yes bid / askNo bid / ask
KalshiKalshi
24.0%24¢25¢75¢76¢
PredictItPredictIt
61.0%56¢62¢38¢44¢
FH
Fernando Haddad
single venue
—
—
Kalshi333.33x0¢
PlatformImplied %Yes bid / askNo bid / ask
KalshiKalshi
—0¢—100¢100¢
RS
Renan Santos
single venue0%
Kalshi1¢
—
Kalshi111.11x1¢
PlatformImplied %Yes bid / askNo bid / ask
KalshiKalshi
0.1%0¢1¢99¢100¢
RZ
Romeu Zema
single venue0%
Kalshi1¢
—
Kalshi166.67x1¢
PlatformImplied %Yes bid / askNo bid / ask
KalshiKalshi
0.1%0¢1¢99¢100¢
KalshiKalshiPredictItPredictIt

Best price among US-regulated venues.

Candidate Spotlight

About Luiz Inácio Lula

Luiz Inácio Lula da Silva is the current President of Brazil, having been inaugurated on January 1, 2023. He previously served as President from 2003 to 2011, during which he implemented social welfare programs that significantly reduced poverty. His extensive political experience and leadership make him a central figure in Brazil's upcoming presidential election.

About Flávio Bolsonaro

Flávio Bolsonaro is a Brazilian politician and lawyer, currently serving as a Senator for Rio de Janeiro. He previously served as a State Deputy in the Legislative Assembly of Rio de Janeiro from 2003 to 2019. His extensive political experience and current role as a senator make him a significant figure in Brazilian politics.

About Renan Santos

Renan Santos is the current president of the Mission Party in Brazil. He co-founded the Free Brazil Movement in 2014 and coordinated the impeachment committee that led to the removal of President Dilma Rousseff in 2016. His extensive experience in political activism and leadership within the Mission Party makes him a significant figure in Brazil's political landscape.

Smart Trade Router

$
¢

Resolution Oracles

KalshiKalshi
Kalshi Rules
OpinionOpinion
Opinion AIdadosabertos.tse.jus.br
Read Full Market Rulebooks
Stats
Spread37.0%
Platforms2
Candidates7
Leader

Luiz Inácio Lula

59.3% avg

Market RulebooksOfficial settlement criteria and edge cases

Market Rulebook: Brazil presidential election: first round winner?

Official settlement criteria, resolution sources, and edge cases across Kalshi and Opinion.

KalshiKalshi
Primary Rule

If Flávio Bolsonaro wins the first round of the 2026 Brazilian presidential election, then the market resolves to Yes.

Resolution Oracles
Kalshi Rules
OpinionOpinion
Primary Rule

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/).

Resolution Oracles
Opinion AIdadosabertos.tse.jus.br

Frequently Asked Questions

What factors influence the odds for the Brazil presidential election?

Polling data, candidate popularity, and recent political events play crucial roles in shaping the odds. Additionally, economic conditions and public sentiment can sway voter preferences leading up to the election.

How does the first round of voting work in Brazil's presidential elections?

In Brazil, if no candidate receives more than 50% of the votes in the first round, a runoff is held between the top two candidates. This system ensures that the elected president has a majority support.

What is at stake in the 2026 Brazil presidential election?

The election will determine Brazil's leadership and set the course for economic policies, social reforms, and environmental initiatives. The outcome will also affect Brazil's role on the global stage, particularly in trade and diplomacy.

What does the Brazil presidential election: first round winner prediction market track?

The outcomes listed above show how traders are pricing this question. Compare outcome prices from Kalshi, PredictIt in one place. Each price reflects the market’s implied probability, not a guaranteed result.

What are the latest Brazil presidential election: first round winner odds?

The latest available prices are Luiz Inácio Lula: 75.5¢ on Kalshi, 43.0¢ on PredictIt; Flávio Bolsonaro: 24.0¢ on Kalshi, 61.0¢ on PredictIt; Fernando Haddad: 0.1¢ on Kalshi; Renan Santos: 0.1¢ on Kalshi. Prices are quoted in cents per $1 share. Check the venue for executable prices and available liquidity.

Learn more:How to Read Prediction Market PricesCompare Fees Before You TradeNew to Polymarket?

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Prediction HuntPrediction.com coverage

Bolsonaro Hits 47% in Markets as Lula's Welfare Hike Reads as PanicPolls still show Lula up 38%-33%, but bettors moved Bolsonaro 8 points in 72 hours after a welfare hike, a Rio crime pilot, and a Supreme Court delay.Sep 21, 2026Lula's First-Round Odds Fall to 60% as Corruption Probe Fragments BrazilLula polls at 39%, 11 points short of an outright win. A probe into Flávio Bolsonaro is pushing soft Bolsonaro voters toward minor candidates, not Lula.Sep 12, 2026Flávio Bolsonaro Hits 34% as Supreme Court Justices Clash Over PoliceA public reversal between two sitting justices over federal police leadership gave Bolsonaro a concrete anti-judiciary talking point. Polls still show Lula ahead at 38%.Sep 9, 2026Lula's First-Round Odds Fall 12 Points After Poll Shows Near-TieA PoderData/Aya poll put Lula at 38% vs. Flávio Bolsonaro at 35%, a margin within the error range, pushing first-round outright win pricing to 73%.Aug 28, 2026

Prediction Market Track Record

Who will Trump talk to in JanuaryWONPre-event: 4%

Historical Track Record

Scroll to view past markets

Who will Trump talk to in January

Resolved

2026-01-31

WONLuiz Inácio Lula
Pre-event: 4%