Traders on Polymarket, the sole prediction market covering this event, assign Belgium a 1% probability of lifting the trophy in 2026, implying a 99% expectation that the Red Devils will not claim the title. The market's $85.4 million in volume reflects significant liquidity and trader conviction, though the absence of data from Kalshi or Manifold limits cross-platform comparison. No specific external trigger was identified in today's news flow to explain the low odds, which likely stem from Belgium's aging squad and underwhelming recent tournament performances, including a group-stage exit at the 2022 World Cup. The consensus among forecasters is that Belgium's golden generation has passed its peak, with younger powerhouses like France, Brazil, and Argentina seen as more probable champions. The 99% probability against a Belgian victory underscores a market view that the team lacks the depth and form to compete at the highest level in 2026.