
Will Luiz Inácio Lula da Silva win the second round of the 2026 Brazilian presidential election by 2–4%?
5 of 9 top Polymarket traders hold Yes (56%) · Yes at 98¢ · $4K held · ends Oct 26
⚖️
Neutral
Yes
9
Yes 56%
$3.9K
$154.15
75.4¢ → 97.7¢
+30% since entry · 5 traders
Research grade
NeutralYes at 98%
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 %).
- Side priced over 95¢0.90–0.99 was −0.2 % a trade (n 4,210); above 95¢ little is left to win and the backtests' bands stop at 0.95.
- Consensus under 60 %Every backtest started at 60 %+ of the holders; below that nothing was measured.
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
5 of 9 top traders (56%)4 hold an outcome priced under 50%3 small positions dimmed (<$100 invested)
Outcome Probabilities
Smart Money Breakdown by Outcome
| Trader | Position | Invested | Value | PnL | Record |
|---|---|---|---|---|---|
ME Melody626 | Yesavg 80¢ | $2.1K | $2.1K | +$42.98 | 58% 665-489 (1154) |
AL almost-never | Yesavg 98.2¢ | $1.0K | $1.0K | -$6.04 | 44% 154-198 (352) |
MA Maplesky | Yesavg 1.3¢ | $6.85 | $315.21 | +$4.18 | — 1-1 (2) |
![]() BiDiFakePolls | Yesavg 89.7¢ | $272.39 | $284.39 | +$12 | 58% 156-114 (270) |
AJ AJSVCTR | Noavg 69.5¢ | $417.27 | $71.26 | +$34.88 | 36% 13223-23096 (36319) |
0X 0x005ED998fCb786679Eb8Bfd0d20c15C0903D6D8E-1778811773658CTR<$100 | Noavg 32.5¢ | $53.69 | $29.9 | -$23.8 | — |
![]() LiquidatedDegen<$100 | Yesavg 50.9¢ | $25.18 | $29.69 | +$4.5 | 59% 1036-717 (1753) |
16 0x1655...08e1CTR<$100 | Noavg 23.8¢ | $6.58 | $5.01 | -$1.57 | — |
CB Cb94C437EA5e6f088c6c0C143c592ab8EFBedCTR | Noavg 24.6¢ | $514.45 | $1.05 | +$87.02 | 56% 3445-2681 (6126) |
Invested
$2,084
Value
$2.1K
PnL
+$42.98
Record
58%
665-489 (1154)
Invested
$1,021.59
Value
$1.0K
PnL
-$6.04
Record
44%
154-198 (352)
Invested
$6.85
Value
$315.21
PnL
+$4.18
Record
—
1-1 (2)
BiDiFakePollsInvested
$272.39
Value
$284.39
PnL
+$12
Record
58%
156-114 (270)
Invested
$417.27
Value
$71.26
PnL
+$34.88
Record
36%
13223-23096 (36319)
Invested
$53.69
Value
$29.9
PnL
-$23.8
Record
—
LiquidatedDegen<$100Invested
$25.18
Value
$29.69
PnL
+$4.5
Record
59%
1036-717 (1753)
Invested
$6.58
Value
$5.01
PnL
-$1.57
Record
—
Invested
$514.45
Value
$1.05
PnL
+$87.02
Record
56%
3445-2681 (6126)
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EV Calculator
Consensus % is how many tracked traders hold a side, not a win probability.
97.7¢ price + 1.0¢ spread + 0.1¢ 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.
Market Info
Traders in this Market
Melody626
Yes — $2.1K
almost-never
Yes — $1.0K
Maplesky
Yes — $315.21

BiDiFakePolls
Yes — $284.39
AJSV
CTRNo — $71.26
0x005ED998fCb786679Eb8Bfd0d20c15C0903D6D8E-1778811773658
CTRNo — $29.9

LiquidatedDegen
Yes — $29.69
0x1655...08e1
CTRNo — $5.01
Cb94C437EA5e6f088c6c0C143c592ab8EFBed
CTRNo — $1.05