
France odds rise to 35% on Polymarket
- France became the leading favourite to win the 2026 FIFA World Cup with a 35.4% implied probability on Polymarket.
- Polymarket's World Cup winner market generated US$3.9 billion in trading volume, while Kalshi's equivalent market reached about US$962 million.
- The figures highlight continued growth in prediction markets as traders converge on similar tournament forecasts across major platforms.
France leads the 2026 FIFA World Cup winner market on Polymarket with a 35.4% implied probability after the platform's outright winner market generated approximately US$3.9 billion in trading volume.
Argentina ranks second with a 16.8% implied probability despite attracting the highest individual betting volume at US$99.8 million, while Spain follows at 12.4%, with England, Brazil and Portugal completing the leading group of contenders.
Kylian Mbappe leads Polymarket's Golden Boot market with a 51% implied probability ahead of Lionel Messi at 37%, while Mbappe also tops the Golden Ball market at 38% compared with Messi's 26%.
Polymarket traders assign France a 55% chance of reaching the final and a 70% chance of finishing as the tournament's highest-scoring nation, while Europe holds a 66% implied probability of producing the eventual World Cup winner compared with 28% for South America.
Kalshi's World Cup winner market reached approximately US$961.96 million in trading volume, with France priced at a 35.5% implied probability, closely matching Polymarket's forecast, and Kalshi is a privately held company so no share price was available following the latest trading data.
Prediction markets processed approximately US$50.69 billion in monthly notional trading volume during June, with Kalshi accounting for about US$33.0 billion, Polymarket US$10.70 billion and Polymarket US a further US$3.88 billion.
The close alignment between Polymarket and Kalshi pricing suggests traders broadly agree on the tournament outlook, while the World Cup has become one of the largest drivers of activity across prediction markets.