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Crypto Just Put $2 Billion on the World Cup Winner, and It’s a Draw

Crypto Just Put $2 Billion on the World Cup Winner, and It’s a Draw

Crypto prediction markets crossed $2 billion in World Cup winner bets as the tournament opened in Mexico City today, and millions of traders still can’t agree on who will lift the trophy. Spain and France share the lead at around 16%, while defending champion Argentina sits at just 9%.

The combined total across Polymarket ($1.9 billion) and Kalshi ($132 million) makes this the largest single prediction market event in crypto history. Polymarket runs 328 live World Cup markets and saw $66 million traded in the last 24 hours, with the pool of funds behind those bets sitting at $352.7 million.

World Cup Winner Bets on Polymarket. Source: Polymarket
World Cup Winner Bets on Polymarket. Source: Polymarket

The $2 Billion World Cup Betting Record

Polymarket opened the World Cup…

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