Brazil Presidential Election First Round: 2nd Place
Elections

Brazil Presidential Election First Round: 2nd Place

On Oct 4, 2026
Markets
Flávio Bolsonaro
57%
Luiz Inácio Lula da Silva
18%
Renan Santos
17%
Rules

If Flávio Bolsonaro finishes in 2nd place in the first round of the 2026 Brazilian presidential election according to the certified results, then the market resolves to Yes.

Ranking is determined by the specified counting method: For plurality voting: rank is based on vote count or percentage For ranked choice voting: rank is determined by elimination order (runner-up is eliminated in final round for second place) For two-round systems: rank is based on final round results if it proceeds to second round, otherwise first-round totals For proportional representation: rank follows the electoral authority's final seat allocation order In case of exact ties, markets resolve proportionally (1/number of tied entities). Write-in candidates achieving the specified rank resolve all named candidate markets to NO unless a specific "Write-in" or "Other" option exists. Candidates who withdraw or are disqualified after the filing deadline but remain on the ballot are ranked based on votes received. If the election is cancelled or postponed beyond expiration, all markets resolve to NO.

Outcome verified from official election authority responsible for certifying results in geography.

Additional prohibitions
  • Persons who are employed by any of the Source Agencies are not permitted to trade on the Contract.
  • Persons who hold any material, non-public information on the Underlying are not permitted to trade on the Contract.
  • Any candidate currently listed as a market within this event
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