Kalshi market

Kalshi Brazil Presidential election odds

On Kalshi, the favourite is Flávio Bolsonaro, at 83%. The market settles by Oct 25, 2026, and $1.4M traded in the last 24 hours. Each contract pays $1 if it is right, so 83¢ reads as an 83% chance. Polymarket lists it too, and we compare the two prices below.

Trade on Kalshi

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Also on Polymarket: Polymarket's page

Kalshi · odds · updated

Flávio Bolsonaro83%
Luiz Inácio Lula da Silva18%
Augusto Cury1%
Ciro Gomes1%
Romeu Zema<1%

All 14 outcomes ↓

Also priced on Polymarket: 2 questions compared ↓

$1.4M
24h volume on Kalshi
$7.4M
total volume on Kalshi
$4.0M
open interest
Oct 25, 2026
settles

Kalshi odds on every outcome

Kalshi odds on each outcome of Brazil Presidential election
OutcomeChanceYes price24h volume
Flávio Bolsonaro compare 83%83¢$544KTrade
Luiz Inácio Lula da Silva compare 18%18¢$796KTrade
Augusto CuryFinal compare 1%1¢$166
Ciro GomesFinal1%1¢$0
Romeu ZemaFinal<1%<1¢$0
Ratinho JúniorFinal<1%<1¢$0
Aldo RebeloFinal<1%<1¢$0
Eduardo BolsonaroFinal<1%<1¢$0
Renan SantosFinal compare <1%<1¢$42K
Tarcísio de FreitasFinal<1%<1¢$0
Show 4 more outcomes
Kalshi odds on each outcome of Brazil Presidential election
OutcomeChanceYes price24h volume
Jair BolsonaroFinal compare <1%<1¢$0
Ronaldo CaiadoFinal<1%<1¢$0
Fernando HaddadFinal compare <1%<1¢$0
Michelle BolsonaroFinal<1%<1¢$5K

Chance is each outcome's Yes price on Kalshi. A Yes contract at 83¢ pays $1 if that outcome wins.

Kalshi vs Polymarket on these questions

The same questions on both venues. When the prices differ, the cheaper side costs you less for the same payout.

Will Flávio Bolsonaro win the 2026 Brazilian presidential election?

Yes: Will Flávio Bolsonaro win the 2026 Brazilian presidential election?: price on each venue, the fee, 24h volume and liquidity, with a link to trade
VenueYesNoFee24h volumeLiquidity
Polymarket84¢16¢0.5¢$2.1M$575KTrade →
Kalshi83¢cheapest to buy17¢1.0¢$544K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket's is its international book, Polymarket US charges its own.

Will Luiz Inácio Lula da Silva win the 2026 Brazilian presidential election?

Yes: Will Luiz Inácio Lula da Silva win the 2026 Brazilian presidential election?: price on each venue, the fee, 24h volume and liquidity, with a link to trade
VenueYesNoFee24h volumeLiquidity
Polymarket17¢cheapest to buy83¢0.6¢$2.3M$952KTrade →
Kalshi18¢82¢1.0¢$796K–Trade →
Updated Fee: the taker fee on one contract at the price shown, as each venue publishes it; Polymarket's is its international book, Polymarket US charges its own.

How the odds have moved

Kalshi · Flávio Bolsonaro
83%▲ 24.5 pts since Sep 28
Yes price
Sep 2856% – 84% scaleOct 5

Kalshi's own series for the outcome the headline prices, from where its history starts; one venue, not a blend.

How this market resolves

The market asks: “Will Flávio Bolsonaro win the 2026 Brazilian presidential election?” Each outcome is its own contract: it pays $1 if it is the answer, and nothing if not. Kalshi publishes the full settlement rules on the market's page. Read them on Kalshi (opens in a new tab)

Scheduled resolution: Oct 25, 2026.

How to trade this market on Kalshi

  1. Check your state first. A few states restrict some contracts.
  2. Open a Kalshi account. Our Kalshi review covers sign-up and payouts.
  3. Buy Yes or No at the price shown, 83¢ for Flávio Bolsonaro right now. Each contract pays $1 if you are right.
  4. Sell any time before it settles, or hold to the result. Kalshi's fees apply to each trade.

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Common questions

What are the Kalshi odds on Brazil Presidential election?

On Kalshi, the favourite is Flávio Bolsonaro, at 83%. That is a market-implied probability, not a forecast, and it moves as traders buy and sell.

How does this market resolve?

By Kalshi's own settlement rules for this market. Two venues can word the same question differently and settle differently, so read them before you trade.

Is this question on Polymarket too?

Yes. Polymarket's page has its prices and rules. The 2 questions both venues price are compared above, each with its own side-by-side page.

Can I trade this market in my state?

In most states, yes, on Kalshi. A few states have acted against some contracts. Check your state first.

How accurate are Kalshi odds?

Often more accurate than polls, though never certain. A price of 70% should lose three times in ten. How accurate prediction markets are has the research.

What does it cost to trade on Kalshi?

A trading fee on each contract, largest near 50¢ and smaller towards either end. Kalshi's fees has the formula.