
Will Flávio Bolsonaro win the second round of the 2026 Brazilian presidential election by less than 2%?
1 of 4 top Polymarket traders hold No (25%) · No at 78¢ · $7K held · ends Oct 26
⚖️
Neutral
No
4
No 25%
$6.8K
$199.51
Research grade
NeutralNo at 78%
No measured edge either way. The plain consensus (5+ holders, 60 %+, held to resolution) lost −4.8 % a trade after costs (n 10,051, 95 % CI −6.5 to −3.1 %).
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
- Fewer than 5 holdersEvery backtest needed 5+ holders; with fewer nothing was measured.
- Favourite (60–95¢)0.70–0.90 was about break-even after costs, +0.4 % a trade (n 4,327); 0.60–0.95 with 70 %+ and $10k+ +2.9 % (n 955). The consensus beats its price by 2–3 points here, about what the costs take.
Backtest of Oct 22 2026: one entry per market, held to resolution, after a 1¢ half-spread and Polymarket's taker fees. The grade never goes above “Research candidate”: no rule passed the multiple-testing check. It is not a forecast and not advice.
Smart Money Signal
1 of 4 top traders (25%)3 hold an outcome priced under 50%2 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
![]() balthazar | Noavg 83¢ | $6.4K | $6.6K | +$157.81 | 64% 13022-7449 (20471) |
TR TrueDignityCTR | Yesavg 14.6¢ | $112.15 | $166.42 | +$54.27 | 32% 33-69 (102) |
![]() GenaTheBondKilIerCTR<$100 | Yesavg 20.4¢ | $77.47 | $72.9 | -$4.57 | 50% 501-498 (999) |
ArmageddonRewardsBillyCTR<$100 | Yesavg 19¢ | $38 | $30 | -$8 | 57% 14718-11074 (25792) |
balthazarInvested
$6,406.55
Value
$6.6K
PnL
+$157.81
Record
64%
13022-7449 (20471)
Invested
$112.15
Value
$166.42
PnL
+$54.27
Record
32%
33-69 (102)
GenaTheBondKilIerCTR<$100Invested
$77.47
Value
$72.9
PnL
-$4.57
Record
50%
501-498 (999)
Invested
$38
Value
$30
PnL
-$8
Record
57%
14718-11074 (25792)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
78.0¢ price + 1.0¢ spread + 0.7¢ fee (Politics 4%). Win more often than this and the bet pays.
A market order pays the taker fee and crosses the spread (assumed 1.0¢); a limit order pays no fee but may not fill. The fee category is a guess from the title.