The 2026 FIFA World Cup is delivering exactly the kind of drama that prediction markets love. England and Scotland, two nations with centuries of footballing rivalry, are on a collision course for the knockout rounds, and crypto platforms are cashing in on the anticipation.

England drew 0-0 with Ghana on June 24, a result that keeps them in a comfortable position to advance. Scotland’s path is messier, with their qualification hinging on final group-stage results after an earlier loss to Morocco. But the bracket math works out: multiple predictive models from BBC Sport and Sky Sports suggest the two sides could meet as early as the round of 32 or the last 16.

Prediction markets are already placing their bets

Polymarket, the blockchain-based prediction platform that has become the go-to barometer for real-world event odds, has seen over $1 million wagered on the Scotland vs. Brazil match alone. Brazil currently holds a win probability of roughly 71-74% in that contest, which tells you something about Scotland’s uphill battle just to reach the knockout stage where an England clash could materialize.

Key World Cup results have been correlated with surges in betting volumes across crypto platforms, particularly after Morocco’s victory over Scotland earlier in the tournament.