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Which candidates will advance to Brazil's presidential runoff?

Comparison of odds and platforms for "Which candidates will advance to Brazil's presidential runoff?" — sourced live from the Polymarket order book, curated by PolyGram.

Flavio Bolsonaro 98% Luiz Inácio Lula da Silva 96% Romeu Zema 1% Renan Santos 1% Volume: $778K Liquidity: $386K Closes: 4 Oct 2026
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Which candidates will advance to Brazil's presidential runoff?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via PolyGram) Pick
polygram.ink (preferred broker)
98% 2% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle View on Polymarket →
Polymarket (direct)
polymarket.com
98% 2% 0% Geo-blocked in US/UK/EU USDC, on-chain View on Polymarket →
Kalshi
kalshi.com
— — Up to 7% per trade US-only, KYC required USD View on Polymarket →
Betfair Exchange
betfair.com
— — 2-5% commission Full KYC from first trade GBP / EUR View on Polymarket →
Manifold Markets
manifold.markets
— — Play-money (mana) None — play-money Mana (no cash-out) View on Polymarket →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
Flavio Bolsonaro98%
Luiz Inácio Lula da Silva96%
Romeu Zema1%
Renan Santos1%
Ronaldo Caiado0%
Tarcisio de Frietas0%
Jair Bolsonaro0%
Fernando Haddad0%
Michelle Bolsonaro0%

Market context

Live Polymarket data shows 98% YES probability for Which candidates will advance to Brazil's presidential runoff?. 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 "…

Methodology

Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.

Resolution & payout

Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.

Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.

FAQ

What's the difference between YES and NO shares?
A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
What does Polymarket cost to trade?
Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
How fast are USDC deposits?
Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
Do I need to KYC for this market?
On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
How reliable are the quoted odds?
The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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Related Topics

Politics