Will Pedro Sánchez be the next Prime Minister of Spain?
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 12¢ means the market is pricing in a 12.8% 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 ($9,919) reflects every buy and sell across the life of this contract. Open interest ($24,901) 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.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Will MetaMask launch a token by September 30, 2026? | 3¢ | $986,946 |
| Will Lovable be acquired before 2027? | 10¢ | $974,637 |
| Will Angela Rayner be the next Prime Minister of the United Kingdom in 2026? | 1¢ | $965,855 |
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, 624 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 12¢?
If the event resolves YES, each YES contract pays $1 , a profit of 87¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 12¢ is lost. Current market price implies a 12.8% 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 $9,919 in total traded volume and $24,901 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.