Primeira Liga: 16th Place (Relegation Survivor)
Leader sits at 46% across 4 bound outcomes, runner-up at 44%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.
Leader probability
16th Place (Relegation Survivor): Tondela
Outcomes
4
winner-take-all
Runner-up
44¢
16th Place (Relegation Survi
Spread
2pp
contested
24h volume
$0
thin orderbook
Closes
Jun 1, 2026
23 days
Venue
Polymarket
4 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
Primeira Liga: 16th Place (Relegation Survivor)
Primeira Liga: 16th Place (Relegation Survivor): Estrela da Amadora
0x127858…f2d1
Primeira Liga: 16th Place (Relegation Survivor): Nacional
0x8789a4…f170
Primeira Liga: 16th Place (Relegation Survivor): Casa Pia
0xab7957…eed8
Primeira Liga: 16th Place (Relegation Survivor): Tondela
0x68a6a7…b9cc
Analysis
This probability reflects the market assessment of which team will finish 16th in Portugal's Primeira Liga, avoiding automatic relegation. At 47%, the leading outcome is slightly favored but carries meaningful uncertainty, with a runner-up contract trading just 1 point lower. The market is pricing in a competitive battle among multiple teams near the relegation zone, where goal differential, head-to-head records, and final-day matchups typically determine outcomes. The primary drivers are each team's current points total, remaining fixture difficulty, and injury status of key players. The season concludes in late May, when final league standings are confirmed and relegation is mathematically determined. Historical volatility in Portuguese league relegation battles suggests probabilities may shift significantly as the season's final weeks approach and key results emerge.
- ›Multiple contracts trading within 3–4 percentage points indicates genuine competitive clustering in the relegation zone rather than a clear favorite
- ›Rio Ave (40¢) and Estrela da Amadora (43¢) are the two specific 16th-place survivors being priced, suggesting these are the primary contenders for survival in that position
- ›Low 24-hour volumes ($0–$50 across top contracts) signal limited recent trading activity and potential for sharper repricing once matches resume or late-season drama unfolds
- ›Primeira Liga's compressed final schedule in May typically produces rapid standings shifts; teams' remaining opponents and point gaps are critical determinants of survival probability
- ›Historical Primeira Liga relegation races show multiple teams often finish within 2–3 points, making late-season results (especially goals scored and head-to-head outcomes) the decisive factor over remaining weeks
What moved the line
- May 616th Place (Relegation Survivor): Nacional↓17pp46→29¢ · 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.
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