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World Cup 2026 Winner

France lead at 20% on Kalshi after the group stage. Germany eliminated by Ecuador. Round of 32 begins July 1. Final at MetLife Stadium July 19.

Updated: Jun 30, 2026, 8:00 AM UTC · Kalshi + Polymarket · Not financial advice.

Current Favorite

France to win the 2026 FIFA World Cup

20%

implied probability

+400

American odds

+2pp

24h change

🔒
Germany eliminatedEcuador 2-1. Market resolved at 0%. $2.2M volume settled.Jun 24, 10:00 PM
📈
England +4pp surgeMoved from 12% to 16% after advancing from Group L.Jun 29, 8:00 PM
ℹ️
France hold top spot at 20%Favorable Round of 32 draw confirmed. Volume up 18% in 24h.Jun 30, 8:00 AM

📊 All Markets(9 open · 1 resolved)

1

France to win the 2026 FIFA World Cup

20%
2pp+400
Kalshi
2

England to win the 2026 FIFA World Cup

16%
4pp+525
Kalshi
3

Brazil to win the 2026 FIFA World Cup

14%
1pp+614
Polymarket
4

Argentina to win the 2026 FIFA World Cup

13%
1pp+669
Polymarket
5

Spain to win the 2026 FIFA World Cup

11%
+809
Kalshi
6

Portugal to win the 2026 FIFA World Cup

8%
1pp+1150
Kalshi
7

USA to win the 2026 FIFA World Cup

6%
2pp+1567
Kalshi
8

Netherlands to win the 2026 FIFA World Cup

5%
+1900
Polymarket
9

Morocco to win the 2026 FIFA World Cup

4%
1pp+2400
Polymarket

Germany to win the 2026 FIFA World Cup

OUT
9pp
Kalshi

ℹ️ How to read these odds

  • % — implied probability. 20% = 1-in-5 chance.
  • +400 — bet $100, win $400 profit. -110 — bet $110 to win $100.
  • ▲/▼ pp — percentage point move in 24h. Big moves = new information.
  • Vol — total traded. Higher = more reliable price signal.

Editorial Analysis

France enter the Round of 32 as the clear market leaders at 20% on Kalshi, backed by a group stage that saw Kylian Mbappe score three times without conceding. Their path to the final runs through Saudi Arabia, then likely England or Morocco in the quarter-final.

The biggest story of the group stage was Germany's 2-1 elimination by Ecuador — the largest single market crash of the tournament. Germany were trading at 9% on Kalshi before kick-off. The market resolved at 0% within 90 minutes.

England's surge to 16% reflects both their clean group stage and the favorable draw. The England squad depth is the deepest in a generation. Jude Bellingham has been the standout individual of the tournament.

For the full tournament schedule and bracket, see the World Cup 2026 schedule and dates. For pre-tournament odds analysis, see the World Cup 2026 favorites preview.

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