Who will win the next Turkish presidential election?

Prediction markets currently give a 10% probability that Who will win the next Turkish presidential election?. This contract trades at 10¢ on Kalshi, closing May 7, 2030. This market shows extreme yield asymmetry with a 468% annualized return on the Yes side versus just 1.3% on the No side, suggesting the 10¢ price significantly undervalues Davutoğlu's chances relative to market consensus.

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10¢
Bid/Ask 5/11¢·Spread 6¢·Vol $0·OI $374·Closes May 7, 2030·1477d remaining
KXTURKEYPRES-28-ADAV

Analysis

4d ago

This market shows extreme yield asymmetry with a 468% annualized return on the Yes side versus just 1.3% on the No side, suggesting the 10¢ price significantly undervalues Davutoğlu's chances relative to market consensus. The $0 in 24-hour volume combined with only $374 open interest and a wide 6¢ spread indicates severe illiquidity, making the quoted price potentially unreliable for actual execution. With 1,482 days until expiry and a moderate cliff risk score of 19, this appears to be a speculative long-shot bet rather than an efficiently priced contract.

Resolution rules

If Ahmet Davutoğlu wins the next Turkish presidential election, then the market resolves to Yes.

Indicators

IY (Yes) 469.6%
IY (No) 1.3%
Adj IY 0%
CRI 19
Overround -0.4%
LAS 1.20
▶ Full indicator table (6)
IndicatorValue
IY (Yes)469.6%
IY (No)1.3%
Adj IY0%
CRI19
Overround-0.4%
LAS1.20

Regime

Label
neutral
Score
0.5
Computed
4/21/2026, 9:17:12 PM
Has orderbookIndicators computed 4/21/2026, 9:23:17 PM

Trade

View on kalshisf trade KXTURKEYPRES-28-ADAV yes 100

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