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Eurovision 2026: First Semi-Final - AI Odds Analysis

All Outcomes
Market Price
AI Fair Value
Value Edge
Poland
YesNo
Portugal
YesNo
Lithuania
YesNo
Finland
YesNo
Estonia
YesNo
Georgia
YesNo
Sweden
YesNo
Croatia
YesNo
Moldova
YesNo
Israel
YesNo
San Marino
YesNo
Serbia
YesNo
Belgium
YesNo
Montenegro
YesNo
Greece
YesNo
LOGO

AI Insights:

03.11 02:42 Updated
Fair Value Reasoning:
According to Semi-Final rules, exactly 10 countries must qualify, necessitating that the sum of all 'Yes' probabilities mathematically equals 1000% (or 10.0). The current market sum of all 'Yes' buy prices is only 9.57 (957 cents), indicating a significant aggregate undervaluation (Negative Vig). Fair values are derived by proportionally scaling up current market prices (coefficient approx 1.045) to correct this structural inefficiency, implying almost all options are undervalued relative to their true advancement probability, particularly for borderline qualifiers.

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Movers
2026-03-06 to 2026-03-10, Belgium's price surged from 38.5c to 51.5c, driven by a sudden recovery in confidence regarding its qualification chances, likely due to rehearsal leaks or odds corrections, reversing previous bearish trends. 2026-03-07 to 2026-03-09, Lithuania's price rose from 68c to 78.5c, continuing its strong momentum from the selection season and further solidifying qualification expectations. 2026-02-09 to 2026-02-11, Lithuania's price surged from 56c to 69.5c, likely due to a positive market reaction to a newly revealed entry during the ongoing National Selection season. 2026-02-09 to 2026-02-11, Belgium's price dropped from 70c to 59.5c, likely driven by tepid sentiment regarding early information reveals.
Divergence
The primary 'divergence' lies not in individual country rankings, but in the deviation of aggregate market pricing from mathematical reality. The total implied probability (9.57) is significantly lower than the certainty (10.0), implying risk aversion or illiquidity among participants who fail to bid prices up to equilibrium. Additionally, the recent violent volatility in Belgium (38c->51c) suggests a prior sharp disconnect between market pricing and external odds/expert consensus, which is currently undergoing a correction.

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