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Iran leader end of 2026?

How the prediction markets are pricing "Iran leader end of 2026?" — Polymarket mid plus comparison with Betfair and Manifold.

Mojtaba Khamenei 83% Reza Pahlavi 5% No Head of State 3% Mohammad-Bagher Ghalibaf 3% Volume: $21.6M Liquidity: $1.9M Closes: 31 Dec 2026
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Iran leader end of 2026?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Oscar Predictions 2026) Pick
polygram.ink (preferred broker)
83% 17% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Trade this market →
Polymarket (direct)
polymarket.com
83% 17% 0% Geo-blocked in US/UK/EU USDC, on-chain Trade this market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Trade this market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Trade this market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Trade this market →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
Mojtaba Khamenei83%
Reza Pahlavi5%
No Head of State3%
Mohammad-Bagher Ghalibaf3%
Hassan Khomeini1%
Hassan Rouhani1%
Alireza Arafi1%
Abbas Araghchi1%
Ahmad Vahidi1%
Muhammad Mirbaqiri0%
Sadegh Larijani0%
Hassan Shariatmadari0%
Maryam Rajavi0%
Massoud Rajavi0%
Seyed Hossein Mousavian0%
Reza Pirzadeh0%
Navid Shomali0%
Mustafa Hijri0%
Ali Motahari0%
Gholam-Ali Haddad-Adel0%
Mostafa Pourmohammadi0%
Sadegh Mahsouli0%
Masoud Pezeshkian0%
Saeed Jalili0%
Mahmoud Ahmadinejad0%
Mohammad Khatami0%
Other0%
Mohammad Pakpour0%
Ali Larijani0%
Mohsen Araki0%
Nasir Hosseini0%
Ahmad Hosseini Khorasani0%
Ali Asghar Hejazi0%
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Market context

The de facto head of state in Iran is now Mojtaba Khamenei, who was formally selected by the Assembly of Experts in March 2026 following the assassination of his father, Ali Khamenei, during the 2026 Iran war [1][7]. This succession mirrors the 1989 transition when Ali Khamenei replaced Ruhollah Khomeini, reinforcing a pattern where the Supreme Leader’s role concentrates ultimate authority over the armed forces, judiciary, and foreign policy, regardless of formal titles [3][5]. The market’s 3% YES probability for a change by end-2026 reflects the entrenched nature of this clerical dynasty, comparable to how Eurovision’s 50/50 jury-televote split stabilises outcomes against public volatility, or how the Oscars’ preferential ballot for Best Picture dampens sudden shifts in cultural momentum [1].

Traders should monitor the Assembly of Experts’ upcoming semi-competitive electoral cycle for its eighty-eight members, as any shift in cleric composition could alter future leadership dynamics [6]. Additionally, watch for announcements regarding the Islamic Revolutionary Guard Corps’ command structure, since the Supreme Leader alone appoints the IRGC commander and controls all defence and security matters [3][5]. Recent reporting from March 2026 confirms that wartime conditions enabled virtual voting to be deemed legitimate, a precedent that may be invoked again if political instability arises [8]. Any move by hardline military elements to assume formal leadership—similar to the second scenario outlined in CFR’s analysis of Iran’s transition—would be a critical catalyst [6].

Sources: 1 · 2 · 3 · 4 · 5

Methodology

Entertainment-specific comparison page for Iran leader end of 2026?. Polymarket's live quote (Polygon order book) shows the award probability. For awards markets, Polymarket usually has the deepest liquidity; Betfair runs comparable markets for Oscars/Emmys; Manifold for Eurovision.

Resolution & payout

Entertainment markets settle on official award ceremony or show end. Polymarket uses UMA Optimistic Oracle with a source URL to the official award website. Two-hour dispute window, then smart-contract payout in USDC.

FAQ

Which entertainment markets are available?
Oscars / Academy Awards (Best Picture, Best Director, Best Actor/Actress), Eurovision Song Contest, Emmy Awards, Grammy Awards, Golden Globes, plus reality-TV outcomes (Bachelor, Survivor). Volume usually sits in the five- to six-figure range per market.
How accurate are award predictions?
Variable. Industry-predictable awards (Oscar Best Picture) have high market accuracy (Brier ~0.15). Reality-TV outcomes with small markets carry more noise. Eurovision is notorious for market upsets due to bloc voting.
How are reality-TV outcomes verified?
UMA Oracle uses the official show website or producer statement as the resolution source. Very narrowly defined markets (e.g. "Will X be voted off the island?") rely on the official show notes.
Are there politics-entertainment crossover markets?
Yes — e.g. "Will X be parodied on SNL?", "Who will host the next Oscars?". These have thinner liquidity but offer alpha for traders who read pop-culture and political worlds together.
Is entertainment trading worth the effort?
Niche, but lucrative for experts. Award markets have fewer informed traders than political markets; combining industry expertise (film, music) with active research often surfaces mispricings. Volume cap: large bets move the market.
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Related Topics

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