Paraguay at World Cup 2026: Their Journey & Prediction Market Insights
Paraguay's 2026 World Cup campaign saw them reach the Round of 16. This guide reviews their performance and how prediction markets priced their journey.
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TL;DR:
Paraguay, also known as La Albirroja, concluded their World Cup 2026 campaign after reaching the Round of 16. They achieved a notable upset by defeating Germany in the Round of 32 before being eliminated by France. Prediction markets had initially priced them as outsiders, but their performance highlighted the potential for teams to exceed expectations, especially in penalty shootouts.
Sources
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- Kalshi Help Center — fees, funding and account rules — Kalshi
- Polymarket documentation — markets, fees and resolution — Polymarket
- 2026 men's World Cup fixtures, results and standings — ESPN
- Soccer coverage and match reports — Associated Press
- Designated Contract Markets (DCMs) — U.S. Commodity Futures Trading Commission
- The Commodity Exchange Act & regulations — U.S. Commodity Futures Trading Commission
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Last checked October 14, 2026
About the author
Catie Di Stefano
Fifteen years after starting out in regulated gambling in Malta, Catie Di Stefano now covers the World Cup and international football prediction markets full-time.
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Frequently asked questions
Did Paraguay qualify for the 2026 World Cup?
Yes, Paraguay qualified for the World Cup 2026 and advanced out of their group stage.
How far did Paraguay go in the 2026 World Cup?
Paraguay reached the Round of 16 at the 2026 World Cup. They were eliminated after losing 0–1 to France on July 4, 2026.
What were Paraguay's notable results at the 2026 World Cup?
Paraguay achieved a significant upset in the Round of 32, defeating Germany 1–1 (winning 4–3 on penalties) on June 30, 2026. They then lost to France in the Round of 16.
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