With the Grammys landing in February, prediction markets are starting to warm up. Polymarket already hosts 96+ active markets, revealing early favourites and surprise picks.
With the 68th Annual Grammy Awards set for 1 February 2026, prediction markets are slowly but steadily coming alive. On Polymarket alone, more than 96 Grammy-related markets are live now. Around a dozen are actively trending, and new ones are appearing as momentum builds.
The official volumes are still modest compared to sports or crypto events, but directionally, the crowd is already making itself heard. The Grammy Award build-up is history in the making, and oddmakers aren’t wasting any time at all!
Let’s focus on the top five markets that carry the strongest signals and highest volumes so far, with a peek into a handful of secondary props that are quietly filling in around the edges.
Album of the Year (⁓$704,891 in volume) is shaping up to be the clearest market on the board. Bad Bunny’s Debí Tirar Más Fotos currently dominates with a commanding 61.5% implied probability. That kind of lead suggests strong conviction, not just casual speculation.
Kendrick Lamar’s GNX sits in second at 22.1%, which still leaves room for movement if sentiment shifts late. Lady Gaga’s Mayhem trails at 14%, while Let God Sort Em Out by Clipse barely registers at 1.5%.

Song of the Year (⁓$415,348 in volume) shows a similar pattern, but with picking the outright winner looking like more of gamble online than other markets. Golden by Ejae and Mark Sonnenblick leads decisively at 68.1%, making it one of the strongest favourites across all Grammy markets.
Behind it, Luther by Kendrick Lamar and SZA holds 12%, while Bad Bunny’s DTMF sits at 5.6%. Lady Gaga’s Abracadabra follows at 3.8%. The gap between first and second is wide, yet this category has a history of late sentiment swings as industry narratives settle.

Best New Artist (⁓$402,289 in volume) is where the crowd appears most confident. Olivia Dean currently commands 69.3%, placing her among the strongest favourites overall.
Leon Thomas is the only name offering real resistance at 18%, while Alex Warren (4.9%) and Sombr (2.8%) remain distant outsiders.

Record of the Year (⁓$308,730 in volume) is more balanced, though still tilted. Luther by Kendrick Lamar and SZA leads with an even 50%, giving it pole position.
Rosé and Bruno Mars’ APT follow at 19%, while Lady Gaga’s Abracadabra claims 17%. Bad Bunny’s DTMF rounds out the top group at 13%. Compared to Song of the Year, this market feels more fluid, with room for last-minute repositioning.

Best Rap Album (⁓$197,069 in volume) has become one of the most decisive betting markets so far. Kendrick Lamar’s GNX sits comfortably at 69.8%, reinforcing his broader strength across categories.
Clipse’s Let God Sort Em Out holds 25%, which keeps the door slightly open, but the remaining contenders barely factor in. Tyler the Creator’s Chromakopia sits at 5.6%, while JID’s God Does Like Ugly trails at 1.6%.

Performance props are drawing interest despite lower total volume, currently around $44,641. Most celebrity names sit near certainty pricing, including Olivia Dean, KATSEYE, and Sabrina Carpenter. The intrigue lies lower down the list
Here are the top contenders in volume:
|
Who Will Perform At The 2026 Grammys? ⁓$44,643 Volume |
||
|
ARTIST |
% PROBABILITY |
CURRENT VOLUME (APPROX.) |
|
Olivia Dean |
99% |
$889 |
|
Sombr |
98% |
$1,249 |
|
KATSEYE |
98% |
$1,474 |
|
Lola Young |
98% |
$763 |
|
Alex Warren |
98% |
$1,274 |
|
Leon Thomas |
98% |
$851 |
|
Sabrina Carpenter |
97% |
$2,735 |
|
Addison Rae |
97% |
$5,747 |
|
The Marías |
97% |
$1,513 |
|
Lady Gaga |
78% |
$6,007 |
|
Chappell Roan |
44% |
$10,226 |
|
Malice |
50% |
$136 |
|
Billie Eilish |
50% |
$114 |
|
Chappell Roan |
44% |
$10,226 |
|
Bad Bunny |
29% |
$347 |
|
Kendrick Lamar |
26% |
$9,318 |
Best Country Song is one of the tightest races available. With $19,148 in volume, outcomes are tightly clustered. Bitin’ List by Tyler Childers leads at 48%, but Somewhere Over Laredo by Lainey Wilson, and A Song To Sing by Miranda Lambert and Chris Stapleton both sit at 46%. I Never Lie by Zach Top isn’t far behind at 45%, making this a true coin-flip category.
As February 1 approaches, these markets are likely to sharpen fast. Odds on the early favourites may solidify, but the Grammy history suggests surprises are always possible.
Head over to our recommended betting sites, claim a generous welcome bonus and put your Grammy night predictions to the test to see if you can win big.
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