Will Félix Orlando Gamarra Reyes win the next Chiclayo mayoral elections?
What resolves this contract
The 2026 Chiclayo, Peru mayoral election is currently scheduled to be held on October 4, 2026. This market will resolve according to the candidate who becomes the next Mayor of the Provincial Municipality of Chiclayo as a result of this election. Temporary, interim, or placeholder mayors appointed before the election will not be considered. If this election is annulled or the result of this election isn't known by June 30, 2027, 11:59 PM ET, the market will resolve to "Other". The primary resolution source for this market will be a consensus of credible reporting; however, if there is any
Reading the odds on this market
At 6.8¢ for YES, traders are pricing about a 6.8% chance this happens, roughly 1 in 15.
$10 on YES buys about 148 contracts that pay $148.15 if it happens; $10 on NO at 93.2¢ buys about 10.7 that pay $10.72 if it does not.
The favoured side, NO, returns 7.2% if it wins, with the money locked up for 278 days until July 1, 2027; that works out to about 9.6% a year.
$9,959 has traded on it on Polymarket, with $555 still riding on the outcome, making it number 67 by volume of the 199 markets we track.
Payouts are before platform fees; one contract pays $1 if its side wins.
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 6¢ means the market is pricing in a 6.8% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($9,959) reflects every buy and sell across the life of this contract. Open interest ($555) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Will Luiz Inácio Lula da Silva finish in second place in the first round of the 2026 Brazilian presidential election? | 25¢ | $989,449 |
| Iran full airspace closure by September 30? | 4¢ | $976,991 |
| US x Iran ceasefire continues through September 30? | 88¢ | $966,930 |
Common questions about this market
How is this market resolved?
The 2026 Chiclayo, Peru mayoral election is currently scheduled to be held on October 4, 2026. This market will resolve according to the candidate who becomes the next Mayor of the Provincial Municipality of Chiclayo as a result of this election. Temporary, interim, or placeholder mayors appointed before the election will not be considered. If this election is annulled or the result of this election isn't known by June 30, 2027, 11:59 PM ET, the market will resolve to "Other". The primary resolution source for this market will be a consensus of credible reporting; however, if there is any
When does this contract expire?
This contract closes on 2027-07-01, 278 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 6¢?
If the event resolves YES, each YES contract pays $1, a profit of 93¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 6¢ is lost. Current market price implies a 6.8% probability of YES.
Where is this market listed?
This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $9,959 in total traded volume and $555 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.