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Germany’s elimination from the 2026 FIFA World Cup came in dramatic fashion, as they lost a penalty shootout to Paraguay 4-3. This marks Germany’s first-ever loss in a World Cup penalty shootout, a surprising result given their historical strength in such situations. The match, which ended in a 1-0 victory for Paraguay in regular time due to an own goal by Germany’s Anton Rüdiger, saw Germany unable to continue their longstanding penalty shootout success. This loss ends a significant era for the German team, who had not faced a World Cup knockout tie in 12 years.
Key Takeaways
Germany’s exit from the World Cup in the Round of 32 suggests a high impact on related markets, with a significant increase in YES outcomes for their stage of elimination.
The confirmation of a penalty shootout deciding a match appears to raise the probability of more shootouts occurring in this World Cup, impacting related markets.














