Not just classic bookmakers and specialized sites. On the prediction market platform Polymarket, bets are already open on the winner of the 2026 Sanremo Festival. Here, unlike traditional bookmakers, the percentages aren't set by a central operator but emerge directly from users' bets: the price associated with each artist corresponds to the implied probability the market assigns to their victory.
The system – as reported by Fanpage – runs on blockchain technology and uses a dollar-pegged stablecoin. Whoever guesses the outcome correctly earns a return proportional to the risk taken, while whoever gets it wrong loses the amount invested. The odds therefore shift in real time based on rumors, performances and public perception, offering a dynamic snapshot of collective expectations. However, there remains a risk of possible manipulation: large investments by a small number of players could temporarily skew the percentages.
At the moment, the duo made up of Fedez and Marco Masini leads with a 36% implied probability. They're followed by Serena Brancale (32%) and Arisa (21%). Further behind are Tommaso Paradiso and Chiello (8%), Malika Ayane and Sayf (7%), Ermal Meta (5%), while Nayt and Michele Bravi sit at just 1%.
Trading volume has already topped $72,000, signaling an active market and significant interest surrounding the Festival.
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This article is an English translation of the original Italian text by OndaRock Staff, published on OndaRock.it. It was translated with the help of artificial intelligence, under the editorial responsibility of OndaRock's editor-in-chief, Claudio Fabretti.