There are only ten countries left in the Eurovision Song Contest, but Kalshi traders have already established a clear favorite.
The market for the annual competition prices Finland with a 46% chance to win it all, followed by Greece at 13% and Denmark at 11%.
Grand Final: Top 5?
A separate Kalshi market tracking the top 5 finishers tells a similar story. Finland leads at 89%, with Greece at 67%, Israel at 66%, Denmark at 61%, and Australia surging 12 points to 58%. Romania sits just outside the top tier at 32%.
Finland’s Pete Parkkonen and Linda Lampenius
Singer Pete Parkkonen and violinist Linda Lampenius could bring Finland its first Eurovision win in 20 years with their hit song "Liekinheitin" ("Flamethrower").
The Radio Times reported that Lampenius is better known by her stage name Linda Brava who has been playing violin since she was eight. Parkkonen became a household name in Finland while competing on Finnish Idol in 2009 where he came in third place. He followed up his TV appearances with a successful solo music career.
The two connected in the studio while developing the song that's making them the frontrunners on Kalshi. She told the Times "my dream collab would be Pete Parkkonen. The producer turned out to know Pete. One phone call and 24 hours later we were in the studio and the rest is history."
Denmark’s Søren Torpegaard Lund
Søren Torpegaard Lund and his song "Før Vi Går Hjem" ("Before We Go Home") are set to compete in the second part of the semi-finals.
Lund grew up in the town of Gudme and has been singing in musicals such as West Side Story and Kinky Boots as well as solo performances since he was 10. He studied at the Danish National School of Performing Arts, the youngest person to ever be accepted to the school at 17. He went to work as a professional dancer and actor in some of Denmark's biggest productions.
Lund told KDH News that his Eurovision track "tells the story of growing up with love and temptation, and actually giving in to it, because that's what we learn from, and that's how we learn to be grown-up human beings."
Greece's Akylas
Akylas is a self-taught musician and songwriter who started his musical journey at the Serres Music School. He also performed in theatrical workshops in Thessaloniki before moving to Athens to pursue his musical career.
He rose to fame on TikTok and other social media platforms. His videos went viral and caught the attention of music executives, leading to the release of his 2024 hit single "Atelié".
Akylas is known for his zany persona on stage, and his Eurovision song "Ferto" ("Bring It") is no exception. He told AOL that the tune "talks about greed, overconsumption, and the relentless desire for more in modern society. It explores the contrast between material ambition and personal, emotional needs, while deeply honoring my mother's sacrifices and the journey from overcoming childhood financial struggles."
The grand final will be held on Saturday at Wiener Stadthalle in Vienna, Austria.
The takeaway:
Kalshi markets now predict:
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