The lights are bright, the stars are aligned, and the prediction markets are heating up. From Song of the Year to surprise performers, we break down the biggest Grammy Awards markets to watch ahead of February 1.
The stars are out, and things are looking ‘Golden’ ahead of the 2026 Grammy Awards.
Covers analysts have reviewed the Kalshi Grammy Awards Predictions Markets to find the biggest and best markets you should be tracking ahead of the big night on Sunday February 1.
Will the K-Pop Demon Hunters win the Song of the Year Grammy? Will Kendrick Lamar take to the stage and perform? How many Grammy awards will Lady Gaga collect? Let’s get into the Grammy Awards Predictions Markets for 2026.
2026 Grammy Awards Prediction Markets
Grammy Awards Prediction Markets: Grammy Award for Song Of The Year
One of the highest profile markets, and maybe of the most hotly contested Grammy Award predictions markets.
HUNTR/X from Netflix’s KPop Demon Hunters lead the market right now with ‘Golden’. If they were to win be the fourth ‘fictional’ band to win, and it would mark the 12th time a song written specifically for a movie won one of the top four awards at the Grammys.
Borderline perennials, Kendrick Lamar (luther), Bad Bunny (DtMF) and Billie Eilish (Wildflower) also feature prominently in the Grammy Award for Song Of The Year prediction market.
One sleeper to watch in this market: APT. by ROSÉ and Bruno Mars – it’s currently trading at 5 cents as of January 6 – well behind the favorite Golden at 61%. That’s a long price for a track that was the first fastest K-Pop track to reach 1 billion streams on Spotify and claim the spot of top song on Apple Music in 2025.
Grammy Awards Prediction Markets: Grammy Award for Best New Artist
The second biggest market by volume on Kalshi, the Best New Artist Grammy is more cut and dry than the Best Song Grammy market.
Olivia Dean is dominating, with a 75% chance of taking home her first Grammy award (-303 in betting odds).
Leon Thomas is the only credible contender in the market with Kalshi – sitting at 20% probability.
Addison Rae is a big name to watch with potential sleeper-energy, available at 4 cents. She may be the sleeper here, though her dual careers of acting and music won’t likely sway Recording Academy voters.
Grammy Awards Prediction Markets: Grammy Award for Album Of The Year
Grammy Award for Album Of The Year prediction market may be the most competitive of the ‘big four’ Grammy awards markets.
GNX by Kendrick Lamar was the favorite when this prediction market opened, but DeBÍ TiRAR MáS FOToS by Super Bowl half time show star, Bad Bunny is now the clear leader at 56% probability.
A win here would be Kendrick’s 23rd Grammy all time, but his first win in the Album of the Year category.
Puerto Rican superstar rapper and occasional WWE superstar, Bad Bunny received just his second career Album of the Year nomination.
Grammy Awards Prediction Markets: Who will perform at the 68th Grammy Awards?
This Grammy Awards Predictions Market stands out amongst the others because, honestly, everyone listed could actually cash by playing at the Grammy Awards in February.
This is one of the biggest outliers when playing prediction markets: they don’t always read as an outcome vs outcome. The market for who will perform at the 68th Grammy Awards is actually a long list of yes/no options for artists who could perform at the ceremony.
There is a possibility we’ll see over a dozen of these artists on stage with a mic in their hands: the Grammys is famous for its high number of musical interludes – in 2020 there were 22 performances during the broadcast. That number has dropped in recent years, with a maximum of 12 across the last three years, but that still leaves a lot of slots to fill.
We see value in Kendrick Lamar, but watch out for other names getting added to the market, including Lady Gaga, Bruno Mars/ROSÉ and Post Malone, all of whom were flagged up in analysis as logical contenders missing from the current prediction markets. There’s also a good chance we’ll see a ‘legacy’ act like The Cure, or even Fleetwood Mac with the 50th anniversary of their seminal album Rumours coming up.
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