Second-round presidential elections are scheduled to be held in Portugal on February 8, 2026.

This market will resolve to "Yes" if António José Seguro receives the highest number of valid votes in the second round of this election in each electoral district. Otherwise, this market will resolve to "No".

If the result of this election isn't known by December 31, 2026, 11:59 PM ET, the market will resolve to 50-50.

For the purpose of this market, all of Portugal's districts include Aveiro, Azores, Beja, Braga, Bragança, Castelo Branco, Coimbra, Évora, Faro, Guarda, Leiria, Lisbon, Madeira, Portalegre, Porto, Santarém, Setúbal, Viana do Castelo, Vila Real, and Viseu. Overseas or foreign (estrangeiro) results will not be included.

This market will resolve based on the result of the second round of this election of all Portuguese electoral Districts, as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as reported by the Portuguese government, such as on the Website of the Portuguese Ministry of Internal Administration (Ministério da Administração Interna) (https://www.presidenciais2026.mai.gov.pt/resultados/territorio-nacional).