economy

Will Santiago Abascal be the next Prime Minister of Spain?

PlatformPolymarket Expires2028-03-31 Volume$9,576 Open Interest$17,425
YES
Implied probability: 5.0%
NO
95¢
Implied probability: 95.0%
30-DAY PROBABILITY HISTORY Low 4¢ · High 5¢ · Δ -0.2pp
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YES Price
NO Price
95¢
Total Volume
$9,576
Open Interest
$17,425
Expiration
2028-03-31
Days Left
596
About this market

What resolves this contract

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

How to read the price

Prediction market prices are expressed in cents on the dollar. A YES contract trading at means the market is pricing in a 5.0% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.

Volume vs. open interest

Total traded volume ($9,576) reflects every buy and sell across the life of this contract. Open interest ($17,425) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.

Where to trade this market

This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.

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FAQ

Common questions about this market

How is this market resolved?

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

When does this contract expire?

This contract closes on 2028-03-31, 596 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).

What happens if I buy YES at 5¢?

If the event resolves YES, each YES contract pays $1 , a profit of 95¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 5¢ is lost. Current market price implies a 5.0% probability of YES.

Where is this market listed?

This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.

How reliable is the quoted price?

This market has $9,576 in total traded volume and $17,425 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.

Disclaimer: Prediction market data on this page is sourced from public order books. Prices change continuously; figures shown here reflect the last refresh at 2026-08-13. Nothing on this page constitutes investment or betting advice.
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