World Cup 2026: Prediction Markets Predict France as Favourite

Prediction markets are in full swing now that the 2026 World Cup is underway. Users are betting massively on the eventual winner of the tournament, and the numbers do not lie: the total turnover on these markets has now exceeded $2.54 billion. France is currently at the top as the big favourite, with a winning chance of 18.5% according to the market.

France at the top, Spain and Argentina follow

According to data from CryptoRank.io, the market around France alone has generated $58.45 million in volume. That is a significant lead over the competition. Spain follows in second place with 13.3%, while Argentina is third with 11.6%.

Further in the top ten we see England at 10.5%, Portugal at an equal 10.0%, and Brazil at 7.0%. Germany stands at 6.0%, the Netherlands at 4.0%, Norway at 3.0%, and Morocco closes the top ten with 2.0%. The markets resolve on 20 July 2026, the day on which the winner of the tournament is known.

Billions in circulation on prediction markets

The enormous volumes show how popular prediction markets are becoming. With $551.36 million in liquidity and active trading on 50 different markets, these are serious amounts. Earlier this week it also became clear that platforms like Kalshi are growing strongly, with futures volume reaching $5.5 billion.

Prediction markets make it possible to use crypto to bet on the outcome of real-world events, from elections to sporting events. The popularity of these platforms is growing rapidly, partly because major players such as Binance are also attracting more and more volumes through speculative products. For instance, the Binance futures volume is approaching $800 trillion due to increasing interest in speculative trading.