World Cup Prediction Markets

4 teams · 1,445 markets · Kalshi & Polymarket · updated 2026-07-14 21:00:00
68 event records archived · earliest Jun 20, 2026
Today’s top moversSpain +37.1 pts·France −39.6 pts

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World Cup market overview

Active Markets
1,445
across both venues
Traded (24h)
1,017
markets with volume
Polymarket Volume
$8.4M
Polymarket · 24h USD
Kalshi Open Interest
183.8M
Kalshi · contracts

Market consensus — what the market believes

Implied championship probability by venue — Kalshi gold, Polymarket blue, never blended. The 24h column is each team's largest single-venue move vs the 00:00 UTC mark, tagged K/P.
TeamKalshiPolymarketPoly24h
Spain57.6%21.3%+37.1 ptsK
France0.1%39.4%-39.6 ptsK
England23.0%21.6%+1.6 ptsK
Argentina19.5%17.3%+1.3 ptsK

Ladder sums — Kalshi 100% across 4 priced · Polymarket 100% across 4 priced. Independent markets sum above 100% (overround); this is not a normalized probability distribution.

Implied championship probability per venue. These are independent per-team 'yes' markets, not a normalized distribution — across all teams they sum to more than 100% (overround). Kalshi (contracts) and Polymarket (USD) are shown separately and never blended. Belief shifts compare the current value with the 00:00 UTC canonical mark 1 and 7 days prior, and appear only once those frozen records exist.

Biggest movers — how the consensus is changing

Largest moves over the last 24 hours, by absolute change in implied probability, versus the frozen daily mark.

▲ Risers

TeamKalshiPolymarketPoly
Spain+37.1 pts+0.8 pts
England+1.6 pts+0.1 pts
Argentina+1.3 pts-0.8 pts

▼ Decliners

TeamKalshiPolymarketPoly
France-39.6 pts+0.5 pts

Change in implied "yes" probability versus the 00:00 UTC canonical daily mark, in percentage points, per venue, never blended. Teams are ranked by their largest single-venue change; both venues are shown for each team. This section appears only once enough frozen daily records exist — 24-hour shifts after two days, 7-day shifts after eight.

Favorites over time — the daily canonical record

Implied championship probability for the current top 4 teams across the last 14 frozen daily records.
6.6%23.4%40.1%Spain 20.8%France 39.4%England 21.7%Argentina 17.5%last 14 daily 00:00 UTC marks

One line per team, drawn from the venue with the deeper daily series and labeled with that venue — venues are never blended within a line. Each mark is the frozen 00:00 UTC canonical daily record, not an intraday quote.

Advancement outlook — stage-priced structure

How much of the tournament's knockout path the market has priced, per stage, from Kalshi "qualify for" reach markets. Counting only — no probabilities are combined or derived.
Round of 16
0
at ≥50% · 0 priced
Quarter-final
0
at ≥50% · 0 priced
Semi-final
0
at ≥50% · 0 priced
Final
2
at ≥50% · 4 priced

Reach markets price the probability of reaching a stage. Elimination-stage markets price a different proposition and are not shown. Each team's five-rung reach ladder (R16 · QF · SF · Final · Win) is on its team page — open any team below. A missing stage means no priced market, not zero.

Tournament

The 2026 FIFA World Cup runs June 11 – July 19, 2026, hosted across United States, Canada & Mexico — 48 teams, 104 matches.

Capital concentration — where the most capital sits

How much capital stands behind World Cup beliefs, by venue. Kalshi is measured by open interest (contracts), Polymarket by 24-hour volume (USD) — different units, never combined into one ranking.

Kalshi — by open interest

open interest in contracts
MarketOpen interestImplied
France — to win39.2M0%
Argentina — to win37.7M20%
Spain — to win27.6M58%
England — to win23.5M23%
England vs Argentina: To Advance6.0M46%
France play Argentina in the 2026 Men's FIFA World Cup Final2.6M0%
England vs Argentina: To Advance2.2M55%
Kylian Mbappe lead FIFA World Cup in Goals for the 2026 World Cup Full Tournament1.8M30%
France play England in the 2026 Men's FIFA World Cup Final1.4M0%
France win in Extra Time1.4M1%

Polymarket — by 24h volume

24-hour volume in USD
Market24h volumeImplied
Spain — to win$1.8M21%
France — to win$1.7M39%
England — to win$1.3M22%
Argentina — to win$1.3M17%
World Cup: Unbeaten Champion$422.2K100%
Lamine Yamal win the Golden Ball at the 2026 FIFA World Cup$188.1K2%
Mikel Oyarzabal be the top goalscorer at the 2026 FIFA World Cup$182.0K0%
Rodri win the Golden Ball at the 2026 FIFA World Cup$168.4K2%
Ousmane Dembele be the top goalscorer at the 2026 FIFA World Cup$155.0K1%
Jude Bellingham be the top goalscorer at the 2026 FIFA World Cup$148.4K3%

Kalshi markets are ranked by open interest (contracts) and Polymarket markets by 24-hour volume (USD). The two venues use different units and are never combined into a single ranking.

Full prediction-capital record — concentration, leaders, and daily history →

Cross-venue divergence — where the venues disagree

The largest gaps between the two venues' implied championship probability for the same team. Shown only where both venues carry a priced market. Independent markets — a spread is a difference in venue pricing, reported as observed.
TeamKalshiPolymarketPolySpread
France0.1%39.4%39.3 pts
Spain57.6%21.3%36.3 pts
Argentina19.5%17.3%2.2 pts
England23.0%21.6%1.5 pts

Spread is the absolute difference between the two venues' "yes" prices, in percentage points. Venue figures are displayed side by side and never averaged.

Methodology & About

Markets are collected from the public Kalshi and Polymarket APIs. The figures here are observational: VolRoc reports what these venues are trading and takes no positions — it is not a sportsbook, broker, or betting operator, and nothing here is betting advice or a prediction. World Cup markets are identified by Kalshi series prefix and by title text (FIFA / "World Cup"); other tournaments that share the "World Cup" name (for example the cricket T20 World Cup) are excluded. Market consensus shows each team's implied championship "yes" price per venue; these are independent markets and sum to more than 100% (overround), so they are not a normalized probability distribution. Open interest and 24-hour volume are reported per venue in each venue's native unit — Kalshi in contracts, Polymarket in US dollars — and figures from different venues are never summed. All values are approximate and timestamped to the latest captured hour.

“VolRoc World Cup Prediction Markets Observatory.” volroc.ai/world-cup-prediction-markets/

Explore — every team, every page

Each of the 48 national teams has a dedicated page: market belief, capital, daily movement, and the stage-by-stage reach ladder.

Top Scorer Markets — the most-goals race, player by player →

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About VolRoc

VolRoc is a prediction-market observatory. It measures what markets on Kalshi and Polymarket are pricing — observational, timestamped, and never a sportsbook.
  • ✓ Market State — live cross-venue statistics
  • ○ Conviction Monitor
  • ○ Situation Explorer
  • ○ Cross-Venue Intelligence
  • ○ Public API — documentation

Get the daily statistics

About VolRoc Methodology API Archive World Cup Observational market statistics. Not a sportsbook or broker.