France Jumps in World Cup Prediction Market Forecasts

One man's loss is another man's gain, and with Cabo Verde playing Spain to a draw, France is now the prediction market favorite to win the World Cup. Spain dropped nearly 3% across all prediction markets following their 0-0 draw on Monday.

Spain had a massive 91% chance to beat Cabo Verde outright and a 52% chance to win by more than 2.5 goals, with just a 7% chance of a draw.

World Cup Winner - Polymarket

• France 17.5%
• Spain 14%
• Portugal 10.8%
• England 10.6%
• Argentina 9.7%

World Cup Winner - Kalshi

• France 17.8%
• Spain 14.7%
• Portugal 11.6%
• England 10.3%
• Argentina 8.5%

As the new favorite without even playing a match, Kalshi's World Cup prediction market pays out $43.08 if France wins at a $10 risk. It's a slightly higher payout of $45.73 on Polymarket's World Cup selection on the same $10 risk.

Where things sit now

Before Spain's opening match draw, they were tied with France at around 17% before the World Cup started. Following the draw, 2.3% was taken from them on Kalshi and exactly 3% on Polymarket.

Prediction markets give France a 66% chance to top Group I ahead of Norway, Senegal, and Iraq. It will open Group I play on Tuesday against Senegal as a 67% favorite.

Spain's chances to win Group H plunged 12% from 85% to 73% over Uruguay, Cabo Verde, and Saudi Arabia. The group is now a four-way tie with one point each, following Saudi Arabia and Uruguay also drawing.

France vs. Senegal market

• France 67%
• Senegal 14%
• Draw 22%

France is hot right now, coming into this one at 8-1-1 over its last 10, outscoring their opponents 25-9. Senegal has cooled off at the worst time, managing just 2-1-2 in its last five matches with a 7-7 goal mark across those games.

Don't forget 2010

Yes, Spain suffered a draw in its opening match, but they have faced adversity before. In 2010, it lost its opening group play match 0-1 to Switzerland before going on to win every game since and winning the World Cup.

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This story was originally published June 16, 2026 at 8:44 AM.