Will Greece advance through the first Eurovision Semi-Final?

Prediction markets currently give a 86% probability that Will Greece advance through the first Eurovision Semi-Final?. This contract trades at 86¢ on Polymarket, closing May 12, 2026. Greece is priced at an extremely high 97¢ with exceptionally thin liquidity ($5.13 in 24h volume), creating a classic "illiquidity premium" where the high probability reflects minimal trading rather than strong conviction.

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86¢
Bid/Ask 75/97¢·Spread 22¢·Vol $1.029·OI $7,568.499·Closes May 12, 2026·12d remaining
0x0a2bee6b7fde7ee88998a85a7651436bb22c7743f337c09fe955996795d2e1bf
7-day price18 snapshots · 3 regime
98¢86¢ current
Apr 850¢Apr 29

Analysis

13d ago

Greece is priced at an extremely high 97¢ with exceptionally thin liquidity ($5.13 in 24h volume), creating a classic "illiquidity premium" where the high probability reflects minimal trading rather than strong conviction. The massive 46,348% implied yield on the "No" side and 32 Cliff Risk Index score signal extreme mispricing on the downside—typical of low-liquidity binary markets where a single small bet can move prices dramatically. With 25 days to expiry and only a 1¢ spread, this market lacks sufficient depth to be reliable for serious positioning, though Greece's historical Eurovision track record likely justifies a high baseline probability.

Resolution rules

This market will resolve to "Yes" for the listed countries whose candidates for Eurovision 2026 advance according to the results of the Eurovision First Semi-Final, scheduled for May 12, 2026. If at any point it is impossible for the listed candidate to advance from the Eurovision 2026 First Semi-Final based on the rules of the competition (i.e. they are eliminated), this market may immediately resolve to "No". If this competition is not held or no contestants advance by June 30, 2026, 11:59PM ET, this market will resolve to "No." The primary resolution source for this market will be official information from Eurovision (https://eurovision.tv/), including live footage of the First Semi-Final for Eurovision 2026, however a consensus of credible reporting will suffice.

Indicators

IY (Yes) 499.3%
IY (No) 18841.5%
Adj IY 7011%
CRI 6
Overround 7.8%
LAS 0.26
▶ Full indicator table (6)
IndicatorValue
IY (Yes)499.3%
IY (No)18841.5%
Adj IY7011%
CRI6
Overround7.8%
LAS0.26

Regime

Label
neutral
Score
0.5
Spread
22¢
Computed
4/30/2026, 2:24:33 AM
Has orderbookIndicators computed 4/30/2026, 2:23:54 AM

Trade

View on polymarketsf trade 0x0a2bee6b7fde7ee88998a85a7651436bb22c7743f337c09fe955996795d2e1bf yes 100

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