Will Armenia come in last place at Eurovision 2026?

Prediction markets currently give a 3% probability that Will Armenia come in last place at Eurovision 2026?. This contract trades at 3¢ on Polymarket, closing May 16, 2026. Armenia's last-place probability has collapsed 57% in seven days (from 7¢ to 3¢), yet the market shows zero 24-hour volume and a wide 4¢ spread, suggesting thin liquidity despite $3.3M open interest.

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3¢
Bid/Ask 1/4¢·Spread 3¢·Vol $24.014·OI $3,796.226·Closes May 16, 2026·24d remaining
0x62cbf15bfb0e76dd011193241959d92dac3747cfca943c58243b39e67b7b3407
7-day price99 snapshots · 5 regime
13¢3¢ current
Apr 82¢Apr 21

Analysis

4d ago

Armenia's last-place probability has collapsed 57% in seven days (from 7¢ to 3¢), yet the market shows zero 24-hour volume and a wide 4¢ spread, suggesting thin liquidity despite $3.3M open interest. The extreme 41,116% implied yield on "Yes" reflects the mathematical artifact of pricing near zero rather than genuine opportunity, and with 29 days to Eurovision 2026, the neutral regime score (0.341) indicates low conviction among traders on directional movement.

Resolution rules

This market will resolve to the country whose candidate for Eurovision 2026 places last in the final. If no last place country is announced by July 31, 2026, 11:59 PM ET, this market will resolve "Other". All ties will be broken according to EBU's official Eurovision rules. The primary resolution source for this market will be official information from Eurovision (https://eurovision.tv/), including live footage of Eurovision 2026, however a consensus of credible reporting will suffice.

Indicators

IY (Yes) 48845.9%
IY (No) 46.7%
Adj IY 24423%
CRI 32
Overround 0.1%
▶ Full indicator table (5)
IndicatorValue
IY (Yes)48845.9%
IY (No)46.7%
Adj IY24423%
CRI32
Overround0.1%

Regime

Label
neutral
Score
0.341
Spread
3¢
Computed
4/21/2026, 8:28:40 PM
Observability lowEvent type cultural
Indicators computed 4/21/2026, 8:08:17 PM

Trade

View on polymarketsf trade 0x62cbf15bfb0e76dd011193241959d92dac3747cfca943c58243b39e67b7b3407 yes 100

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