LUN 20 DE MAYO DE 2024 - 15:55hs.
The vote is this Sunday

Betting on Brazil's presidential election: Bolsonaro pays 1.61 at Betfair markets

Just three days away of new presidential elections in Brazil, the suspense increases with Jair Bolsonaro and Fernando Haddad disputing a place of great controversy in recent years in Brazil. The politician and ex-military is favorite to win the election in polls, so he is also a favorite on bookmakers. Odd on Thursday at Betfair is at 1.61 for his victory against 2.10 paid by Fernando Haddad (PT).

With Lula da Silva out of the electoral race and Fernando Haddad assuming his place as PT candidate, we have witnessed a staggering and very controversial electoral campaign that gained new contours after conservative right-wing candidate Jair Bolsonaro was targeted attack in full campaign.

The politician and ex-military who has been associated and accused of misogyny, racism, among others, gained a new breath in this campaign after being a victim of stabbing and then became a favorite to victory in the first round, but will be able to win even the elections? At this time, Betfair players are favoring him at 1.61 in the Interchange.

A recent poll that gave him 32 percent of the votes cast accentuated that idea, though that is not yet enough for a first-round victory, things could get more difficult for him in a run-off vote.

Fernando Haddad (2.10) is his great rival in this apparent two candidates race, and with the support of former president Lula da Silva has much of the political left on his side. But also the association with corruption that his party and major leader are accused and this is his main problem at the moment, at a stage of some disbelief of the Brazilian people in its politicians.

The odd on Thursday is at 1.61 for Jair Bolsonaro's win, the calculation of the bet x value gives him 61%. Bolsonaro is favorite to win the elections in polls, so he is also a favorite in betting sites.

Quotes that are based on favoritism in surveys puts Haddad in second place, Ciro Gomes in third and Marina Silva and Geraldo Alckmin in fourth place. The candidates Alvaro Dias, João Amoêdo and Henrique Meirelles are among the ones with les support and therefore their quotations are very high.

Who bet on John Amoedo will have 8100% profit if he wins. A US$ 100 bet returns US$ 8,100.

The odds change constantly after a new dissemination of electoral research. The higher the percentage of votes for a given candidate, the lower their rate is. Bolsonaro saw its price oscillate, rise and fall, to 1.61 on Thursday.

So far, about $ 78,000 has been traded on the Betfair market generated for the event, and it is expected that in the coming days the final rush by these elections can greatly increase this number demonstrating the importance and interest that these elections are generating, not only in the Brazil, but also a bit all over the world.

Source: GMB /