Markets › Kalshi › Elections
Will Venezuela hold a presidential election? on Kalshi
If Venezuela holds a presidential election before Oct 1, 2027, then the market resolves to Yes.
Settles on: Fox News, MSNBC, The Wall Street Journal, Semafor, ABC, Bloomberg News, The Information, CBS, NBC, The Washington Post, Axios, CNN, Reuters, The New York Times, the Associated Press, Politico.
Market says (typical open contract)
58%
Median YES price across 6 open contracts, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
83% 😈
Mostly luck. The market itself expects the favorite to lose this often; the fee is the only certainty.
The cover charge
| If you buy at | Fee per contract | On $50 | Win rate to break even |
|---|---|---|---|
| 30¢ | 1.5¢ | $2.45 | 31.5% |
| 50¢ | 1.8¢ | $1.75 | 51.7% |
| 58¢ (now) | 1.7¢ | $1.47 | 59.7% |
| 70¢ | 1.5¢ | $1.05 | 71.5% |
| 90¢ | 0.6¢ | $0.35 | 90.6% |
Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.
Open contracts right now
| Contract | YES price | Implied | Fee at this price | Real-world odds | Luck needed | Volume | Closes |
|---|---|---|---|---|---|---|---|
| Will Venezuela hold a presidential election before Jan 1, 2027? · Before Jan 1, 2027 | 2¢ | 2% | 0.2¢ | — | 4% | 43,104 | Jan 01, 15:00 UTC |
| Will Venezuela hold a presidential election before Jun 1, 2027? · Before Jun 1, 2027 | 18¢ | 18% | 1.0¢ | — | 35% | 20,526 | Jun 01, 14:00 UTC |
| Will Venezuela hold a presidential election before Jan 1, 2028? · Before Jan 1, 2028 | 58¢ | 58% | 1.7¢ | — | 83% | 1,297 | Jan 01, 15:00 UTC |
| Will Venezuela hold a presidential election before Jul 1, 2028? · Before Jul 1, 2028 | 71¢ | 71% | 1.4¢ | — | 58% | 158 | Jul 01, 14:00 UTC |
| Will Venezuela hold a presidential election before Jan 1, 2029? · Before Jan 1, 2029 | 80¢ | 80% | 1.1¢ | — | 40% | 50 | Jan 01, 15:00 UTC |
| Will Venezuela hold a presidential election before Oct 1, 2027? · Before Oct 1, 2027 | 35¢ | 35% | 1.6¢ | — | 70% | 0 | Oct 01, 14:00 UTC |
Who actually wins this market
- Whoever posts the resting orders and collects the spread without paying a fee.
- The venue, on every fee.
- Not, on average, the person clicking buy because the chart is going their way. That was us.
Still want to play? Read the deal first: what the account asks for, what the bonus really is, and whether we are paid. Vendors sell bots for markets like this one; see the bot benchmark before you pay for one.