SimpleFunctions
Winner-take-all answer·2 source contracts·Kalshi 2·refreshed just now·Closes Jun 1, 2027 · 297d

Will Venezuela hold a presidential election before Jun 1, 2026

Leader sits at 32% across 2 bound outcomes, runner-up at 5%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

32%

Before Jun 1, 2027

runner-up 5¢leader 32¢

Outcomes

2

winner-take-all

Runner-up

Before Jan 1, 2027

Spread

27pp

contested

24h volume

$0

thin orderbook

Closes

Jun 1, 2027

297 days

Venue

Kalshi

2 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayBefore Jun 1, 2027: 31% (18 days, 11 points)Before Jun 1, 2027: 31% on 2026-08-07Before Jan 1, 2027: 5% (18 days, 10 points)Before Jan 1, 2027: 5% on 2026-07-27
Before Jun 1, 202731¢Before Jan 1, 20275¢
Top 2 candidates by current price · 18d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability reflects market expectations that Venezuela will hold a presidential election before June 1, 2027—a span of roughly 12 months from now. At 45%, it indicates meaningful uncertainty about whether the government will proceed with scheduled elections or delay them. Key factors driving this level include the political instability following Venezuela's disputed 2024 elections, international pressure for democratic processes, and the government's recent track record of postponing or heavily controlling electoral timelines. The most immediate catalyst is whether the National Electoral Council announces a confirmed date and begins logistical preparations in the coming months. Market pricing reflects genuine doubt: shorter timeframes like September 2026 trade much lower (3¢), suggesting traders view imminent elections as unlikely, while the January 2027 outcome at 12¢ indicates the window is being priced as moderately unlikely even with more time.

  • The Venezuelan government's demonstrated willingness to delay or postpone elections since the contested 2024 presidential vote, versus international pressure and opposition demands for timely electoral processes
  • Confirmation or announcement by Venezuela's National Electoral Council (CNE) of specific election dates and administrative preparations, which would be a concrete signal of intent to proceed
  • Economic and security conditions within Venezuela that could either trigger government decisions to hold elections or create instability that leads to postponement
  • The degree of international observation and pressure from regional organizations and foreign governments, which may influence the timeline
  • Recent statements or policy signals from Venezuelan government leadership regarding their electoral calendar and intentions for 2026-2027

What moved the line

  • Aug 1Before Jun 1, 20275pp3631¢ · Kalshi

Recently closed in election 2026

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

Lateral coverage

Thin contract — here's where the deeper coverage is.

This page aggregates 2 contracts (32% headline). At low contract count, the price reflects two participants’ opinions, not a market consensus. The links below are heavier related questions where the orderbook signal is real.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

Last updated on this page: just now.