SimpleFunctions
Winner-take-all · 12 outcomes12 contractsKalshirefreshed 2 min agoCloses Jan 1, 2027 · 237d

Will Pope Leo XIV visit Brazil before Jan 1, 2027

Leader sits at 72% across 12 bound outcomes, runner-up at 49%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

72%

Peru

runner-up 49¢leader 72¢

Outcomes

12

winner-take-all

Runner-up

49¢

Argentina

Spread

23pp

contested

24h volume

$0

thin orderbook

Closes

Jan 1, 2027

237 days

Venue

Kalshi

12 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayPeru: 72% (27 days, 27 points)Peru: 72% on 2026-05-07Argentina: 49% (27 days, 6 points)Argentina: 49% on 2026-05-07Uruguay: 44% (27 days, 11 points)Uruguay: 44% on 2026-05-03
Peru72¢Argentina49¢Uruguay44¢
Top 3 candidates by current price · 27d

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 market estimates a 72% probability that Pope Leo XIV will travel to Brazil by January 1, 2027. The elevated odds reflect his elevated public profile and recent pattern of international travel, though papal visits require significant advance planning and security coordination. The main drivers are his health status, diplomatic priorities, and whether Brazil is selected as a destination among competing travel commitments. A confirmed visit announcement would resolve this contract, likely occurring months in advance given papal logistics. Conversely, health constraints or shifting diplomatic focus toward other regions would reduce the probability. The actual outcome will depend on decisions made by the Vatican in the coming months and announced through official channels.

  • Pope Leo XIV's current health status and travel capacity—documented illnesses or mobility constraints would lower the probability
  • Vatican official statements or confirmed travel schedules through June 2026—any explicit announcement would largely resolve the uncertainty
  • Historical papal travel patterns to South America and specifically Brazil—frequency and recent precedent inform baseline expectations
  • Competing international priorities and invitation status—diplomatic or religious events scheduled elsewhere could displace a Brazil visit
  • Seasonal and liturgical calendar considerations—papal availability typically reflects Christmas and Easter observances and varies by year

What moved the line

  • May 3Brazil4pp2832¢ · Kalshi
  • May 7Portugal3pp2629¢ · Kalshi

Recently closed in general

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

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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.

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