France squeezed past Paraguay 1-0 in Philadelphia on July 4 to reach the World Cup quarterfinals. Kylian Mbappé converted a penalty kick in the 70th minute for the only goal, sending France into the last eight for the fourth consecutive World Cup.

Prediction markets hit new highs

Prediction platforms including Polymarket and Kalshi have generated over $2 billion in trading volume on World Cup outcomes during the knockout stage alone.

France’s advancement means fresh quarterfinal contracts are already live. Traders who correctly positioned on a French win just collected, while those who bet Paraguay’s physical style could produce an upset are licking their wounds.

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