TOTAL VOLUME:

$154.4b

24H VOL:

$235,918,089

24H TRANSACTIONS:

2,984,028,936

OPEN INTEREST:

$1,884,820,873

413,109

Markets across

40,428

events

MATCHED EVENTS:

4,364

PLATFORM COVERAGE:

5

Polymarket:

37%

VS.

Kalshi:

63%

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Politics
Spain snap election called by...?
polymarket
kalshi

Spain snap election called in 2026?

Volume:
$232,679

December 31

all

2 markets

Polymarket

Kalshi

consensus

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolved Oct 6, 2026

Closed: Oct 6, 1:34 PM EST

polymarket

Polymarket

View
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
polymarket

December 31

View
100%
Yes 100¢No 0¢
—
N/A
$123,697
N/A
N/A
N/A
1mo 4w 1d
Yes
kalshi

Before Jan 1, 2027

100%
35%
Yes 100¢No 0¢
—
N/A
$5,354
N/A
N/A
$2,001
1mo 4w 1d
Yes
polymarket

October 31

100%
Yes 100¢No 0¢
—
N/A
$80,349
N/A
N/A
N/A
Settled
Yes
polymarket

November 30

100%
Yes 100¢No 0¢
—
N/A
$23,278
N/A
N/A
N/A
4w 6h
Yes
polymarket

Spain snap election called in 2026? (copy)

100%
Yes 100¢No 0¢
—
N/A
N/A
N/A
N/A
N/A
1mo 4w 1d
Yes
Total markets: 5

Intro

This market tracks the likelihood of Spain holding a snap election before the end of 2026, triggered by either an early dissolution of parliament or a formal scheduling of elections outside the regular term. Currently, the consensus probability of a snap election being called by November 30 is 99.9%. This prediction aggregates data from Polymarket and Kalshi, and will resolve based on official information from the government of Spain, alongside consensus reporting. Keep an eye on statements from the Spanish government as we approach January 1, 2027, the date by which an official announcement would be required to resolve this market to ‘Yes’.

PredictionHero - Resolution Divergence Alerts (RDA)

Unified Resolution Criteria (Consistent across platforms)

Both platforms define a snap election as an officially announced election occurring before the scheduled end of the parliamentary term in 2026/2027.Primary resolution logic: Official information from the government of Spain; consensus of credible reporting

Core resolution logic:

  • Resolution is triggered by an official announcement of a snap election.
  • The timeframe for resolution is before January 1, 2027.
  • The snap election must be for all members of at least one house of the Spanish Parliament.

Edge cases & clarifications:

  • Partial Dissolution: If only a portion of parliament is dissolved, but not enough to trigger a full election, the market will resolve to 'No'.
  • Delayed Announcement: An election scheduled for January 1, 2027, or later will result in a 'No' resolution, even if it is considered 'early' by some observers.
Timing: The market will resolve upon the official announcement of a snap election by the Spanish government, or upon the end of December 31, 2026, if no such announcement has been made.Our PredictionHero Resolution Divergence Alerts (RDA) are there to help users identify potential differences across platforms. They do not replace or supersede the official rules and description of any prediction market. Users are solely responsible for reviewing and understanding the applicable rules and resolution criteria before placing any trade or bet. If you notice a potential inconsistency, discrepancy, or error in an alert, please report it to our team so we can review and improve the accuracy of our data.

Polymarket

This market will resolve to “Yes” if a snap election is called in Spain by December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No.” The calling of a snap election requires the formal dissolution of at least one house of the Spanish Parliament or another formal scheduling, according to the rules of the jurisdiction, of an election for all members of at least one house of the Spanish Parliament prior to their scheduled election at the end of their parliamentary term. The resolution source for this market will be official information from the government of Spain; however, a consensus of credible reporting may also be used.

Kalshi

If Spain officially announces a snap election for its national legislature or head of government before Jan 1, 2027, then the market resolves to Yes.

Frequently asked questions

Prediction market odds often offer a different perspective than traditional polling averages. While polls capture stated preferences, this market reflects what individuals are *willing to bet* on, potentially revealing more about underlying beliefs and perceived probabilities. Polling data can be susceptible to biases and inaccuracies, whereas the price action in this market aggregates the wisdom of the crowd. It’s important to note that prediction markets aren’t necessarily predicting the *outcome* but rather the *probability* of an outcome as perceived by traders. This can sometimes diverge from polling data, especially when significant uncertainty exists.

Several signals could significantly impact this market. Any major political developments within Spain, such as a government crisis, a loss of confidence vote, or significant shifts in public opinion, could increase the likelihood of a snap election. Statements from key political figures regarding the possibility of an early election would also be influential. Economic data releases, particularly if they indicate a worsening economic situation, could also contribute to political instability and a greater chance of a snap election. Unexpected events or crises could also quickly shift market sentiment and trading activity.