SimpleFunctions
Winner-take-all · 6 outcomes6 contractsPolymarketrefreshed 3 min agoCloses Jun 14, 2026 · 36d

LCS 2026 Spring Winner

Leader sits at 26% across 6 bound outcomes, runner-up at 24%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

26%

LYON

runner-up 24¢leader 26¢

Outcomes

6

winner-take-all

Runner-up

24¢

Cloud9

Spread

2pp

contested

24h volume

$0

thin orderbook

Closes

Jun 14, 2026

36 days

Venue

Polymarket

6 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayLYON: 27% (6 days, 5 points)LYON: 27% on 2026-05-07Cloud9: 24% (6 days, 5 points)Cloud9: 24% on 2026-05-07Team Liquid: 32% (6 days, 5 points)Team Liquid: 32% on 2026-05-08
LYON27¢Cloud924¢Team Liquid32¢
Top 3 candidates by current price · 6d

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.

Analysis

Team Liquid is priced at 27% to win the 2026 LCS Spring season, making them the favorite but far from certain. This reflects market expectations about their roster strength, recent performance, and head-to-head matchups against competitors like Cloud9 (13%) and FlyQuest (18%). The probability could shift based on injury reports, roster changes, or early season results once the regular season begins. The LCS Spring Split concludes with playoffs, typically held in late spring, which will definitively determine the winner and resolve all contracts. Near-term catalyst: the start of regular season matches will provide actual game data to replace pre-season expectations.

  • Team Liquid's current 27% leader price implies 73% probability assigned collectively to all other outcomes, indicating competitive parity in market expectations
  • Cloud9 at 13% and FlyQuest at 18% are viable alternatives; no team commands majority-favorite status despite Liquid's lead
  • 24-hour trading volumes are low ($34-79 per contract), suggesting limited liquidity and potentially wide bid-ask spreads that could exaggerate price movements
  • Regular season play beginning soon will generate objective performance data to calibrate prices versus pre-season assessments and roster evaluations
  • LCS Spring playoff structure and single-elimination format means late-season momentum and bracket positioning carry material weight in championship outcomes

What moved the line

  • May 2FlyQuest10pp2818¢ · Polymarket
  • May 6Cloud99pp1322¢ · Polymarket
  • May 6Team Liquid8pp2836¢ · Polymarket
  • May 6FlyQuest5pp1813¢ · Polymarket
  • May 7Sentinels4pp1713¢ · Polymarket

Recently closed in general

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Adjacent prediction questions.

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.