← All callsElectionResolvedCalibration★ featured
Abelardo de la Espriella win (Colombia 2026)
Will Abelardo de la Espriella win the 2026 Colombian presidential election?
Edge
-12.0pp
EHIQ below market
Upstream of markets
EHIQ called this at 28% on May 10, 2026 when Polymarket was at 42%.
Market has since moved down to 40% · -2.0pp from open
Thesis
Polymarket prices Espriella at ~40% ($28M volume). EHIQ at 28% — 12pp fade. Election May 31 2026 (round 1) — 21 days. TIQ corpus seed surfaced critical candidate-set corrections: Vicky Dávila OUT (lost Centro Democrático primary March 8); Fico Gutiérrez NOT running; Rodolfo Hernández deceased; Claudia López WON March 8 centrist Consulta de las Soluciones (new centrist lane). Original 22% fade was calibrated against April peak data and was too aggressive; refined to 28% reflects (1) right-wing field largely consolidated (Dávila/Fico off the board), (2) Espriella's Costeño populist register has held momentum, (3) but 50% first-round threshold + López centrist emergence + Cepeda PH lock all cap his ceiling. Spanish-original pattern extraction recommended for his "mano de hierro" / militarized-authority stack — Costeño register loses rhetorical performance in translation.
Resolution
Runoff resolved (2026-06-24): Iván Cepeda conceded at 9:25 a.m., recognizing Espriella as the new president, and Pacto Histórico withdrew its reclamaciones. Final escrutinio 99.99%: Espriella 49.66% / Cepeda 48.70%, margin ~250,830 votes (~0.96pp — narrowest runoff in Colombian history). "Will Espriella win the presidency" resolves YES — Espriella won. EHIQ faded him at 28% on 2026-05-10 (vs Polymarket 40%): a real-time MISS (isBacktest:false). The documented off-corridor miss — the model under-rated the off-corridor outsider who consolidated AROUND (not within) the establishment; freed establishment probability routed to him, the exact failure the off-corridor consolidation check (methodology note 2026-06-16) was written to correct. Owned publicly in the "I Got Colombia Wrong" Substack.
Expected resolution
June 21, 2026