Which continent will win the men’s World Cup? Cover France and Spain by backing Europe, or bundle Brazil and Argentina into a one-size-fits-all South America buy?
Backing the continent to win the men’s World Cup is a good hedge strategy on the prediction markets. You cover multiple countries in a single trade, thereby decreasing your risk-to-reward ratio.
At a Glance:
- ‘A European country to win the World Cup’ is a 70% favorite
- South America is listed at 23% to provide this year’s winner
- Could home advantage deliver a 3% shock for the USA, Mexico, or Canada?
How World Cup prediction markets work
When predicting the continent to win the men’s FIFA World Cup, you purchase shares in the countries you think will win.
For example, you purchase one share at $0.70, with Europe providing the winning country. The event contract is sold by another customer on the prediction markets, and they risk losing if you are right.
Each share in this market resolves at $1. Therefore, if, say, Spain won the World Cup, the market would settle at $1 and pay out $0.30 per share you own.
You can also back a continent not to win the men’s World Cup. You are going the other way on the prediction market sites. That’s how these differ from online sportsbooks that have fixed odds to win only.
Continent to win the men’s World Cup frontrunners
Unsurprisingly, Europe and South America lead the way in the winning-content event contract at prediction markets. Both regions include multiple powerhouses on the world soccer stage.
Europe: ‘Yes’ @ $0.70
Backing any UEFA country to win the World Cup is a no-brainer. France and Spain look to be head-and-shoulders above Argentina and Brazil this year. And in Kylian Mbappe and Lamine Yamal, France and Spain, respectively, have players who can trouble any defense.
South America: ‘Yes’ @ $0.23
Argentina won in Qatar in 2022 to break a European stranglehold on the men’s World Cup. Argentina’s Lionel Messi ensures the holders are an ever-present threat. However, Brazil doesn’t have the huge superstars it did 20 to 30 years ago.
North America: ‘Yes’ @ $0.03
Could home field advantage favor Mexico, Canada, or the United States?
Certainly, Mexico at the formidable Azteca Stadium is a force of nature. Plus, the expanded World Cup format means there’s a better chance of Mexico and the USA (sorry, Canada) progressing.
This is certainly a value play on the prediction market apps. However, you’re looking for progression from the home teams, so you can trade in later. Buy the ‘Yes’ at $0.03 and sell later as home fever grows.
Why backing the continent to win is the safe option
European sides have dominated the World Cup finals for the past 24 years. Only Brazil (2002) and Argentina (2022) have broken the Europeans’ spell. Plus, the final has been contested between two European sides in three of the last six World Cup finals.
| Year | Men's FIFA World Cup winner |
| 2006 | Italy |
| 2010 | Spain |
| 2014 | Germany |
| 2018 | France |
| 2022 | Argentina |
You could trade France ($0.18) or Spain ($0.16) on the 2026 World Cup winner market, but it’s safer to cover all bases. By backing an entire continent, you price in other countries that also have a shot, such as Germany and England.
Additionally, as the tournament progresses, you can always sell your shares as teams win games, advance to groups, and progress through the knockout phases.