The World Cup Round of 32 served up a great deal of drama, excitement, and intrigue. All three co-hosts advanced to the next round, along with elite teams like France and Argentina. However, there were also some dramatic upsets, as Germany and the Netherlands both crashed out.
Algeria Leads as Favorite Followed by Argentina and Australia
Current probabilities across platforms with liquidity indicators
ALAlgeria
Vol $222.1K
Spread —
Agg
100.0%Settled
P
100.0%
ARArgentina
Vol $56.1K
Spread —
Agg
100.0%Settled
P
100.0%
AUAustralia
Vol $170.8K
Spread —
Agg
100.0%Settled
P
100.0%
AUAustria
Vol $157.8K
Spread —
Agg
100.0%Settled
P
100.0%
BEBelgium
Vol $176.0K
Spread —
Agg
100.0%Settled
P
100.0%
BAHBosnia and Herzegovina
Vol $161.2K
Spread —
Agg
100.0%Settled
P
100.0%
BRBrazil
Vol $216.2K
Spread —
Agg
100.0%Settled
P
100.0%
CACanada
Vol $565.9K
Spread —
Agg
100.0%Settled
P
100.0%
CVCape Verde
Vol $181.5K
Spread —
Agg
100.0%Settled
P
100.0%
COColombia
Vol $72.3K
Spread —
Agg
100.0%Settled
P
100.0%
CRCroatia
Vol $260.4K
Spread —
Agg
100.0%Settled
P
100.0%
DCDR Congo
Vol $180.4K
Spread —
Agg
100.0%Settled
P
100.0%
ECEcuador
Vol $186.3K
Spread —
Agg
100.0%Settled
P
100.0%
EGEgypt
Vol $951.5K
Spread —
Agg
100.0%Settled
P
100.0%
ENEngland
Vol $409.8K
Spread —
Agg
100.0%Settled
P
100.0%
FRFrance
Vol $256.7K
Spread —
Agg
100.0%Settled
P
100.0%
GEGermany
Vol $74.8K
Spread —
Agg
100.0%Settled
P
100.0%
GHGhana
Vol $785.7K
Spread —
Agg
100.0%Settled
P
100.0%
ICIvory Coast
Vol $88.4K
Spread —
Agg
100.0%Settled
P
100.0%
JAJapan
Vol $569.6K
Spread —
Agg
100.0%Settled
P
100.0%
MEMexico
Vol $105.3K
Spread —
Agg
100.0%Settled
P
100.0%
MOMorocco
Vol $199.4K
Spread —
Agg
100.0%Settled
P
100.0%
NENetherlands
Vol $682.5K
Spread —
Agg
100.0%Settled
P
100.0%
NONorway
Vol $177.2K
Spread —
Agg
100.0%Settled
P
100.0%
PAParaguay
Vol $172.1K
Spread —
Agg
100.0%Settled
P
100.0%
POPortugal
Vol $727.2K
Spread —
Agg
100.0%Settled
P
100.0%
SESenegal
Vol $269.8K
Spread —
Agg
100.0%Settled
P
100.0%
SASouth Africa
Vol $87.0K
Spread —
Agg
100.0%Settled
P
100.0%
SPSpain
Vol $590.0K
Spread —
Agg
100.0%Settled
P
100.0%
SWSweden
Vol $325.9K
Spread —
Agg
100.0%Settled
P
100.0%
SWSwitzerland
Vol $2.9M
Spread —
Agg
100.0%Settled
P
100.0%
USUSA
Vol $156.7K
Spread —
Agg
100.0%Settled
P
100.0%
CUCuracao
Vol $230.3K
Spread —
Agg
0.0%Settled
P
0.0%
CZCzechia
Vol $101.7K
Spread —
Agg
0.0%Settled
P
0.0%
HAHaiti
Vol $168.5K
Spread —
Agg
0.0%Settled
P
0.0%
IRIran
Vol $430.6K
Spread —
Agg
0.0%Settled
P
0.0%
IRIraq
Vol $282.3K
Spread —
Agg
0.0%Settled
P
0.0%
JOJordan
Vol $117.6K
Spread —
Agg
0.0%Settled
P
0.0%
NZNew Zealand
Vol $171.4K
Spread —
Agg
0.0%Settled
P
0.0%
PAPanama
Vol $129.6K
Spread —
Agg
0.0%Settled
P
0.0%
QAQatar
Vol $186.2K
Spread —
Agg
0.0%Settled
P
0.0%
SASaudi Arabia
Vol $227.7K
Spread —
Agg
0.0%Settled
P
0.0%
SCScotland
Vol $558.4K
Spread —
Agg
0.0%Settled
P
0.0%
SKSouth Korea
Vol $1.5M
Spread —
Agg
0.0%Settled
P
0.0%
TUTunisia
Vol $135.7K
Spread —
Agg
0.0%Settled
P
0.0%
TUTurkiye
Vol $260.7K
Spread —
Agg
0.0%Settled
P
0.0%
URUruguay
Vol $99.2K
Spread —
Agg
0.0%Settled
P
0.0%
UZUzbekistan
Vol $155.5K
Spread —
Agg
0.0%Settled
P
0.0%
| Outcome | Aggregated | Spread | Volume | Polymarket |
|---|---|---|---|---|
AL Algeria | 100.0% Settled | — | $222.1K |
Polymarket
100.0% |
AR Argentina | 100.0% Settled | — | $56.1K |
Polymarket
100.0% |
AU Australia | 100.0% Settled | — | $170.8K |
Polymarket
100.0% |
AU Austria | 100.0% Settled | — | $157.8K |
Polymarket
100.0% |
BE Belgium | 100.0% Settled | — | $176.0K |
Polymarket
100.0% |
BAH Bosnia and Herzegovina | 100.0% Settled | — | $161.2K |
Polymarket
100.0% |
BR Brazil | 100.0% Settled | — | $216.2K |
Polymarket
100.0% |
CA Canada | 100.0% Settled | — | $565.9K |
Polymarket
100.0% |
CV Cape Verde | 100.0% Settled | — | $181.5K |
Polymarket
100.0% |
CO Colombia | 100.0% Settled | — | $72.3K |
Polymarket
100.0% |
CR Croatia | 100.0% Settled | — | $260.4K |
Polymarket
100.0% |
DC DR Congo | 100.0% Settled | — | $180.4K |
Polymarket
100.0% |
EC Ecuador | 100.0% Settled | — | $186.3K |
Polymarket
100.0% |
EG Egypt | 100.0% Settled | — | $951.5K |
Polymarket
100.0% |
EN England | 100.0% Settled | — | $409.8K |
Polymarket
100.0% |
FR France | 100.0% Settled | — | $256.7K |
Polymarket
100.0% |
GE Germany | 100.0% Settled | — | $74.8K |
Polymarket
100.0% |
GH Ghana | 100.0% Settled | — | $785.7K |
Polymarket
100.0% |
IC Ivory Coast | 100.0% Settled | — | $88.4K |
Polymarket
100.0% |
JA Japan | 100.0% Settled | — | $569.6K |
Polymarket
100.0% |
ME Mexico | 100.0% Settled | — | $105.3K |
Polymarket
100.0% |
MO Morocco | 100.0% Settled | — | $199.4K |
Polymarket
100.0% |
NE Netherlands | 100.0% Settled | — | $682.5K |
Polymarket
100.0% |
NO Norway | 100.0% Settled | — | $177.2K |
Polymarket
100.0% |
PA Paraguay | 100.0% Settled | — | $172.1K |
Polymarket
100.0% |
PO Portugal | 100.0% Settled | — | $727.2K |
Polymarket
100.0% |
SE Senegal | 100.0% Settled | — | $269.8K |
Polymarket
100.0% |
SA South Africa | 100.0% Settled | — | $87.0K |
Polymarket
100.0% |
SP Spain | 100.0% Settled | — | $590.0K |
Polymarket
100.0% |
SW Sweden | 100.0% Settled | — | $325.9K |
Polymarket
100.0% |
SW Switzerland | 100.0% Settled | — | $2.9M |
Polymarket
100.0% |
US USA | 100.0% Settled | — | $156.7K |
Polymarket
100.0% |
CU Curacao | 0.0% Settled | — | $230.3K |
Polymarket
0.0% |
CZ Czechia | 0.0% Settled | — | $101.7K |
Polymarket
0.0% |
HA Haiti | 0.0% Settled | — | $168.5K |
Polymarket
0.0% |
IR Iran | 0.0% Settled | — | $430.6K |
Polymarket
0.0% |
IR Iraq | 0.0% Settled | — | $282.3K |
Polymarket
0.0% |
JO Jordan | 0.0% Settled | — | $117.6K |
Polymarket
0.0% |
NZ New Zealand | 0.0% Settled | — | $171.4K |
Polymarket
0.0% |
PA Panama | 0.0% Settled | — | $129.6K |
Polymarket
0.0% |
QA Qatar | 0.0% Settled | — | $186.2K |
Polymarket
0.0% |
SA Saudi Arabia | 0.0% Settled | — | $227.7K |
Polymarket
0.0% |
SC Scotland | 0.0% Settled | — | $558.4K |
Polymarket
0.0% |
SK South Korea | 0.0% Settled | — | $1.5M |
Polymarket
0.0% |
TU Tunisia | 0.0% Settled | — | $135.7K |
Polymarket
0.0% |
TU Turkiye | 0.0% Settled | — | $260.7K |
Polymarket
0.0% |
UR Uruguay | 0.0% Settled | — | $99.2K |
Polymarket
0.0% |
UZ Uzbekistan | 0.0% Settled | — | $155.5K |
Polymarket
0.0% |
Probability of Each Team Reaching Round of 32
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World Cup Round of 32 decided
The Round of 32 featured a long list of exciting games:
- South Africa 0-1 Canada, Los Angeles, 3:00 PM ET, June 28
- Brazil 2-1 Japan, Houston, 1:00 PM ET, June 29
- Germany 1-1 Paraguay (Paraguay won on penalties), Boston, 4:30 PM ET, June 29
- Netherlands 1-1 Morocco (Morocco won on penalties), Guadalupe, 9:00 PM ET, June 29
- Ivory Coast 1-2 Norway, Dallas, 1:00 PM ET, June 30
- France 3-0 Sweden, New Jersey, 5:00 PM ET, June 30
- Mexico 2-0 Ecuador, Mexico City, 9:00 PM ET, June 30
- England 2-1 DR Congo, Atlanta, 12:00 PM ET, July 1
- Belgium 3-2 (after extra time) Senegal, Seattle, 4:00 PM ET, July 1
- USA 2-0 Bosnia-Herzegovina, Santa Clara, 8:00 PM ET, July 1
- Spain 3-0 Austria, Los Angeles, 3:00 PM ET, July 2
- Portugal 2-1 Croatia, Toronto, 7:00 PM ET, July 2
- Switzerland 2-1 Algeria, Vancouver, 11:00 PM ET, July 2
- Australia 1-1 (Egypt won on penalties) Egypt, Dallas, 2:00 PM ET, July 3
- Argentina 3-2 (after extra time) Cape Verde, Miami, 6:00 PM ET, July 3
- Colombia 1-0 Ghana, Kansas City, 9:30 PM ET, July 3
How teams qualify for the World Cup Round of 32
The World Cup previously featured just 32 teams. They were split into eight groups of four, and the top two teams in each group advanced to the Round of 16. The 2026 World Cup was expanded to 48 teams, and FIFA added a new Round of 32. Here’s how teams could qualify:
- The teams were split into 12 groups of four. The top two teams in each group advance to the Round of 32.
- Teams are ranked in order of the number of points they earn. You get 3 points for a win and 1 point for a draw (tie). If teams finish level on points, goal difference (goals scored minus goals conceded) is used as a tiebreaker. Further tiebreakers are goals scored, head-to-heads, and FIFA world rankings.
- The eight best third-place teams also advance to the Round of 32. The remaining four third-place teams will be eliminated. Once again, teams are ranked by points accrued, goal difference, and then goals scored.
How to trade World Cup Round of 32 prediction markets
Sites like Kalshi let you make predictions on real-world events, from elections and inflation prints to soccer games. They aren’t sportsbooks, so you’re not betting against the house. You’re trading event contracts with other traders, and the site simply acts as the middleman.
It’s important to choose a prediction site that’s federally regulated by the Commodity Futures Trading Commission (CFTC). That means it’s legal for you to buy World Cup contracts, provided the site is available in your state.
Here’s how to buy World Cup Round of 32 contracts at prediction markets:
- Sign up with a prediction site and navigate to the correct page. It’s listed as “FIFA World Cup team to advance to the knockout stages” at Polymarket. You need to visit the “Group Qualifiers” section at Kalshi and then choose a specific group.
- Find a team you want to back. For example, you might find this option: “Scotland – yes 73¢, no 29¢. If you think Scotland will reach the Round of 32, hit “Yes.”
- Your selection will appear on the slip. Enter the amount you’d like to trade. For example, you could enter $50. If so, the site will explain that you’ll win $67.94 if Scotland qualifies for the Round of 32. Click to confirm the trade.
You can then wait until the end of the group stage to see if Scotland qualifies. Each contract will settle at $1 if the team reaches the Round of 32 or $0 if it fails to do so. Alternatively, you can sell your contracts early.
For example, if Scotland beats Haiti in its opener, “Yes” contracts might be selling for 85¢, as the market prices in developments. You could then sell your contracts for a profit, without waiting to see how Scotland gets on in its subsequent games. Another option would be to sell some contracts and leave the rest open.
Where to trade World Cup Round of 32 markets
You can trade on the World Cup at leading prediction market platforms, many of which have promos available for new users.
- Kalshi: You can predict which teams will qualify from each group at Kalshi. Liquidity varies, with the most volume traded on tight groups like Group A, Group C, and Group F.
- Polymarket: The site has a simple “FIFA World Cup: Team to advance to Knockout Stages” page. You’ll find yes/no prices on each team there, from Spain to Haiti.
- DraftKings: DraftKings Predictions launched in December 2025 in a bid to compete with more established rivals like Polymarket. The site offers a clean, simple layout, plus plenty of soccer markets to explore.
- Fanatics: Fanatics started as an online retailer, but the Florida-based company has been expanding aggressively in recent years. The company launched Fanatics Markets in December 2025 via a partnership with Crypto.com.
- Underdog: The fantasy sports operator has also moved into prediction markets, so it will compete with the likes of Kalshi and Polymarket for volume during the World Cup.
Other World Cup prediction markets
There are lots more World Cup markets at the top prediction sites. They have markets on each game, plus a long list of futures options:
- World Cup winner: Simply predict which team will win the World Cup.
- Reach a certain stage: Kalshi has contracts on whether each team will reach the Round of 16, quarterfinals, semifinals, or the final.
- Stage of elimination: You can also predict the precise stage in which a team will be eliminated: group stage, Round of 32, Round of 16, quarterfinals, semifinals, or the final (runner-up).
- Golden Boot: A prediction on which player will score the most goals at the World Cup. There are lots of other futures markets on player awards and individual player performances, too.
- Group winners: Buy yes/no contracts on any team to win its group at the World Cup.
- World Cup props: There are loads of special markets, from the total goals in a specific group to the winning continent.
| All 12 World Cup groups | ||
|---|---|---|
| Group A Mexico, South Korea, South Africa, Czechia | Group B Canada, Switzerland, Qatar, Bosnia-Herzegovina | Group C Brazil, Morocco, Scotland, Haiti |
| Group D USA, Paraguay, Australia, Turkiye | Group E Germany, Ecuador, Ivory Coast, Curacao | Group F Netherlands, Japan, Tunisia, Sweden |
| Group G Belgium, Iran, Egypt, New Zealand | Group H Spain, Uruguay, Saudi Arabia, Cape Verde | Group I France, Senegal, Norway, Iraq |
| Group J Argentina, Austria, Algeria, Jordan | Group K Portugal, Colombia, Uzbekistan, DR Congo | Group L England, Croatia, Panama, Ghana |
