PMPolitics|$351.0k Vol|
time3 days 6 hrs

Santa Cruz Governor Election Winner (Bolivia) - AI Odds Analysis

All Outcomes
Market Price
AI Fair Value
Value Edge
Otto Ritter
YesNo
Luis Fernando Camacho
YesNo
Juan Pablo Velasco
YesNo
Mauricio Quezada
YesNo
Vladimir Peña
YesNo
Chi Hyun Chung
YesNo
Guido Eduardo Nayar
YesNo
Julio César Tórrez
YesNo
Juan Carlos Medrano
YesNo
Miguel Cadima
YesNo
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AI Insights:

4 hours ago Updated
Fair Value Reasoning:
Although Luis Fernando Camacho faces legal risks regarding disqualification causing volatility, he leads polls with 29.3% (Unitel) and market panic has subsided, placing his fair value around 55 cents. The major market dislocation exists between Otto Ritter and Juan Pablo Velasco. Polls show Velasco in second place with 19%, while Ritter is a distant third at 8.7%. Yet, the market prices Ritter at ~43 cents (likely as a hedge against Camacho) and Velasco at only ~9 cents. This defies fundamentals; even if Camacho is disqualified, Velasco is statistically more likely to benefit/enter a runoff than Ritter. Thus, Ritter is severely overvalued, and Velasco is significantly undervalued.

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Movers
2026-03-17 to 2026-03-18, Luis Fernando Camacho rebounded strongly from a panic low of 18.5c to a peak of 51c, stabilizing around 47.5c; simultaneously, Otto Ritter retraced from a high of 52c to 43c. The reason was that rumors of Camacho's disqualification were not officially confirmed by the deadline, causing panic to subside and capital to flow back from the 'hedge' (Ritter) to the 'frontrunner' (Camacho). 2026-03-16 to 2026-03-17, Luis Fernando Camacho crashed from 43c to 18.5c, while Otto Ritter surged from 36c to 52c. This was driven by peak market fear regarding Camacho's potential disqualification by the courts, triggering a capital flight into Ritter as a safe haven.
Divergence
Significant divergence exists. Mainstream polls (Unitel) show the order as Camacho (29%) > Velasco (19%) > Ritter (8%). However, prediction market pricing shows Camacho (47c) > Ritter (43c) >>> Velasco (9c). The market assigns a massive premium to third-place Ritter, implying a 'Camacho is disqualified AND Ritter is the sole beneficiary' scenario, completely ignoring the second-place candidate Velasco, which contradicts polling data.

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