Will Pedro Sánchez be the next Prime Minister of Spain?

Q: Will Pedro Sánchez be the next Prime Minister of Spain?

Prediction markets currently price this at 14%. A YES share costs 14.0¢ and pays $1 if it happens. That is a return of 614.3% over 1.6y.

Next Prime Minister of Spain?$26k liquidity$17k volumecloses 1.6y

SpainPoliticsElectionsparliamentMain ElectionPedro Sanchez

Trade on Polymarket

BUY YES

Cost: 14.0¢
Implied chance: 14.0%
Return if right: 614.3%
Spread cost: 8%

If you put in $100

You get 714.3 shares at 14.0¢ each.

YES wins: $714.29 back, a profit of $614.29. YES loses: $0.00, and the whole $100 is gone.

The gap between buyers and sellers takes $54.95 of that profit. Without it you would make $669.23.

Assumes the whole order fills at this price. A large order eats into the book and averages worse.

Buy YES on Polymarket

BUY NO

Cost: 88.0¢
Implied chance: 88.0%
Return if right: 13.6%
Spread cost: 9%

If you put in $100

You get 113.6 shares at 88.0¢ each.

NO wins: $113.64 back, a profit of $13.64. NO loses: $0.00, and the whole $100 is gone.

The gap between buyers and sellers takes $1.31 of that profit. Without it you would make $14.94.

Assumes the whole order fills at this price. A large order eats into the book and averages worse.

Buy NO on Polymarket

Chance over time

1H 6H 1D 1W 1M ALL

Latest: Aug 10, 04:21 PM4 outcomes stayed under 3% and are not plotted

Latest news

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How this market resolves

This market will resolve to the next individual who officially assumes the office of Prime Minister of Spain by March 31, 2028, 11:59 PM ET. To count for resolution, the individual must receive a vote of confidence from the Congress of Deputies and be formally sworn-in, resulting in the official formation of a new government. Any interim or caretaker Prime Minister who does not receive a parliamentary vote of confidence will not count toward the resolution of this market. If no such Prime Minister takes office by March 31, 2028, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of Spain; however, a consensus of credible reporting may also be used.