Cannes Film Festival
Leader sits at 23% across 20 bound outcomes, runner-up at 23%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.
Leader probability
Palme d'Or Winner: PARALLEL TALES by Asghar FARHADI
Outcomes
20
winner-take-all
Runner-up
23¢
Palme d'Or Winner: NAGI NOTE
Spread
0pp
contested
24h volume
$707
thin orderbook
Closes
May 23, 2026
14 days
Venue
Polymarket
20 bound
30-day trend
Bracket family
How the bracket ladder is priced.
Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.
Cluster 1
Cannes Film Festival: Palme d'Or Winner
Cannes Film Festival: Palme d'Or Winner: HOPE by NA Hong-jin
0xf3125e…6135
Cannes Film Festival: Palme d'Or Winner: MINOTAUR by Andrey ZVYAGINTSEV
0x4a5721…17f2
Cannes Film Festival: Palme d'Or Winner: ALL OF A SUDDEN by HAMAGUCHI Ryusuke
0x017c11…3af4
Cannes Film Festival: Palme d'Or Winner: MOULIN by László NEMES
0x6098dd…779f
Cannes Film Festival: Palme d'Or Winner: FJORD by Cristian MUNGIU
0xf0ecfb…b86f
Cannes Film Festival: Palme d'Or Winner: GENTLE MONSTER by Marie KREUTZER
0xe2f2cb…e614
Cannes Film Festival: Palme d'Or Winner: ANOTHER DAY by Jeanne HERRY
0xe9f043…48d3
Cannes Film Festival: Palme d'Or Winner: COWARD by Lukas DHONT
0xbe8bb8…1cfe
Cannes Film Festival: Palme d'Or Winner: A WOMAN'S LIFE by Charline BOURGEOIS-TACQUET
0x054947…819e
Cannes Film Festival: Palme d'Or Winner: AMARGA NAVIDAD by Pedro ALMODÓVAR
0x6d6647…61e2
Cannes Film Festival: Palme d'Or Winner: EL SER QUERIDO by Rodrigo SOROGOYEN (THE BELOVED)
0x76f4ad…1c5e
Cannes Film Festival: Palme d'Or Winner: FATHERLAND by Pawel PAWLIKOWSKI
0x665a03…42b5
Cannes Film Festival: Palme d'Or Winner: THE BIRTHDAY PARTY by Léa MYSIUS
0xccc272…b636
Cannes Film Festival: Palme d'Or Winner: NOTRE SALUT by Emmanuel MARRE
0x17e2d8…85b3
Cannes Film Festival: Palme d'Or Winner: NAGI NOTES by FUKADA Koji
0x1c8c60…8ac6
Cannes Film Festival: Palme d'Or Winner: SHEEP IN THE BOX by KORE-EDA Hirokazu
0x3ec21d…2ac1
Cannes Film Festival: Palme d'Or Winner: THE UNKNOWN by Arthur HARARI
0xe4c10f…30ef
Cannes Film Festival: Palme d'Or Winner: DAS GETRÄUMTE ABENTEUER by Valeska GRISEBACH
0x5112d7…1532
Cannes Film Festival: Palme d'Or Winner: PARALLEL TALES by Asghar FARHADI
0xb4ead6…9994
Cannes Film Festival: Palme d'Or Winner: LA BOLA NEGRA by Javier CALVO & Javier AMBROSSI
0x0870fd…46b7
Analysis
This probability represents the likelihood that a specific film will win the Palme d'Or at the 2026 Cannes Film Festival, based on aggregated trading prices across multiple prediction contracts. The current 38% leader, with four other films clustered between 8-29%, reflects genuine uncertainty among market participants about which film the jury will select. The market structure suggests traders are pricing in several competitive contenders rather than a clear favorite. Key factors driving the probability include the critical reception and festival buzz surrounding each film, the composition of this year's jury panel and their documented preferences, and historical precedent for which types of films have won recently. The outcome will be definitively resolved when the official Palme d'Or is announced at Cannes, typically in late May, eliminating all current uncertainty in the market.
- ›The leading contract at 38% has substantially higher trading volume ($270 in 24h) compared to rivals, suggesting broader market consensus around 'HOPE' while other contenders remain fragmented
- ›The four-contract bundle representing the top candidates totals only 96% probability, indicating meaningful allocation to long-tail films outside the top five
- ›Trading volume is heavily concentrated in the frontrunner, with runner-up contracts showing minimal activity ($10 or less in 24h volume), reflecting low liquidity and potential mispricing in secondary positions
- ›The jury panel composition and individual members' past voting patterns would materially shift probabilities if known, creating information asymmetry
- ›The festival occurs in late May 2026, providing a definitive resolution date that should theoretically tighten probability ranges as event date approaches
What moved the line
- May 9Palme d'Or Winner: FATHERLAND by Pawel PAWLIKOWSKI↓6pp28→22¢ · Polymarket
- May 9Palme d'Or Winner: MINOTAUR by Andrey ZVYAGINTSEV↑4pp10→14¢ · Polymarket
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These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.
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How we compute these odds
SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.
For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.
Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.
Last updated on this page: 3 min ago.