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Home / Markets / Pedro Sánchez out as PM of Spain by...?
Live market data

Pedro Sánchez out as PM of Spain by...?: live odds and probabilities

The market favorite is January 31, 2027 at 79.5%, ahead of January 15, 2027 at 51.5%. $995K traded across 3 outcomes.

Updated 2026-11-06 03:01 UTC · Source: Polymarket · 18+ · Market prices, not predictions or advice

Favorite

79.5%
January 31, 2027 · Trade →

24h move

+0.5
pts · 7d +17.5

Volume

$995K
24h $6K · liquidity $112K

Closes

January 1, 2027
56 days left

PoliticsGeopoliticsSpain ElectionsSpain

All outcomes

OutcomeProbability24h7dVolumeSpread
January 31, 202779.5% +0.5+17.5$26K1.0¢
January 15, 202751.5% -2.0+1.5$37K1.0¢
December 31, 202614.5% 0.0-2.5$546K1.0¢

Prices are the Polymarket mid or last trade at 2026-11-06 03:01 UTC. A price of 64¢ implies roughly a 64% chance. Prices include spread and are not forecasts by BetG8.

📱 Compare how the same event is priced across venues on Polymtrade.Referral link. 18+.

Price history

0%25%50%75%100%12-0305-2111-06
January 31, 2027January 15, 2027December 31, 2026

Market rules and resolution

This market will resolve to "Yes" if Spain's Prime Minister, Pedro Sánchez, is removed from power for any length of time between December 2, 2025 and the listed date, ET. Otherwise, this market will resolve to "No". Prime Minister Pedro Sánchez will be considered removed from power if he announces his resignation, is dismissed, detained, disqualified, or otherwise loses his position or is prevented from fulfilling his duties as Prime Minister of Spain within this market's timeframe. The primary resolution source for this market will be a consensus of credible reporting.

This market will resolve to “Yes” if Pedro Sánchez ceases to be Prime Minister of Spain for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”. Pedro Sánchez continuing as Prime Minister in an acting or caretaker capacity will not be considered a cessation of office. An announcement of Pedro Sánchez's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect. If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution. The resolution source for this market will be official information from Pedro Sánchez and the government of Spain; however, a consensus of credible reporting may also be used.

How to read this market

Each share pays $1 if its outcome happens. Buying January 31, 2027 at 80% risks 80¢ to win 20¢. Prices move with news and order flow, and thin markets can swing on small trades, so check volume and spread before treating a number as the crowd's view. See our guides to implied probability and how markets resolve.

Frequently asked questions

Who is favored in "Pedro Sánchez out as PM of Spain by...?"?
As of November 6, 2026, January 31, 2027 is the favorite at 79.5%, followed by January 15, 2027 at 51.5%.
When does this market resolve?
The market is scheduled to close on January 1, 2027. It resolves under Polymarket's rules once the outcome is known, which can be earlier or later than the listed date.
How much has been traded?
$995K in total and $6K in the last 24 hours, with about $112K of resting liquidity.
Can I trade this market?
Polymarket restricts access by location; the US version (Polymarket US) and the offshore site have different rules and fee schedules. Check availability in your jurisdiction. BetG8 earns a referral fee from the Polymtrade links on this page.

Related on BetG8

Data: Polymarket Gamma and CLOB APIs, fetched by BetG8 at the time shown above. Venues may restrict access by location. 18+ only.