Who will win the next Turkish presidential election
Leader sits at 50% across 4 bound outcomes, runner-up at 10%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.
Leader probability
Recep Tayyip Erdoğan
Outcomes
4
winner-take-all
Runner-up
10¢
Ekrem İmamoğlu
Spread
40pp
contested
24h volume
$0
thin orderbook
Closes
May 7, 2030
1397 days
Venue
Kalshi
4 bound
30-day trend
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.
Cluster 1
Who will win the next Turkish presidential election
Who will win the next Turkish presidential election?: Ahmet Davutoğlu
KXTURKEYPRES-28-ADAV
Who will win the next Turkish presidential election?: Recep Tayyip Erdoğan
KXTURKEYPRES-28-RERD
Who will win the next Turkish presidential election?: Mansur Yavaş
KXTURKEYPRES-28-MYAV
Who will win the next Turkish presidential election?: Ekrem İmamoğlu
KXTURKEYPRES-28-EIMA
Analysis
This 47% probability represents the current market assessment that a specific candidate will win Turkey's next presidential election, based on aggregated trading across multiple contracts. The price reflects uncertainty about the timing and eligibility of Turkey's electoral cycle, as well as domestic political conditions. The main factors supporting this level are the incumbent's historical advantages in Turkish elections and current polling standing. Conversely, economic conditions, coalition dynamics, and opposition momentum could shift expectations downward. The most significant near-term catalyst will be the formal announcement of the election date by Turkey's electoral commission, followed by campaign developments and any shifts in polling data. Market prices also suggest material uncertainty about secondary candidates, with runner-up prices clustering between 11-18 cents, indicating genuine competitive dynamics rather than consensus around any single alternative.
- ›Turkish electoral law allows presidential contests every five years; the timing of the next election (whether held in 2028 or earlier) directly affects candidate eligibility and incumbent advantage
- ›Polling data on approval ratings and candidate preference among Turkish voters will shift market prices as new surveys are released
- ›Economic conditions in Turkey—inflation, currency stability, and growth—historically influence presidential approval and opposition support
- ›Coalition negotiations and opposition candidate selection will clarify the competitive field; formal endorsements or withdrawals materially affect individual candidate probabilities
- ›The incumbent's ability to modify electoral rules or extend terms (as precedent allows in Turkish politics) creates structural uncertainty about the baseline scenario
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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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