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PoliticalBrazil·25 Oct 2026

Prediction Markets Project 91% Chance of Lula Victory in Brazil Runoff

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As of 7:30 p.m. ET on October 25, 2026, prediction markets Polymarket and Kalshi placed the probability of a victory for Brazilian President Luiz Inácio Lula da Silva in the runoff election at approximately 91%. This shift in market sentiment occurred alongside the release of initial vote counts from the Superior Electoral Court (TSE), which showed Lula…

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Rio Times
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