# Prediction Markets Fail as Lula Wins Historic Brazil Runoff

- Source: Bitcoin News
- Published: 2026-10-26T02:11:10+00:00
- Category: Local
- Original: https://news.bitcoin.com/crypto-news/prediction-markets-fail-as-lula-wins-historic-brazil-runoff/
- Canonical: https://groundlevelnews.com/story/prediction-markets-fail-as-lula-wins-historic-brazil-runoff-f1c87f/

Luiz Inácio Lula da Silva has won Brazil’s runoff election, securing a fourth term as Brazil’s president. Lula defied prediction markets that gave Senator Flavio Bolsonaro over 80% odds of winning after taking the lead in the first round and receiving the support of other candidates. Lula Defies Prediction Markets to Retain Brazil’s Presidency Luiz […]

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