The Prediction Markets

Next Prime Minister of Faroe Islands

Closed
Mar 26, 2026
Traded
$50K
Venues
Polymarket
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This market has closed

Trading ended on Mar 26, 2026. The prices below are the last ones before it closed and no longer update. Browse open markets

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 196 days ago. Ages are as of when this page was built.

  • Polymarket
Beinir Johannesen
78.9%
Polymarket 89.6%(78.9% fair)polled, 4706 h agoBest Yes 98.9¢ on Polymarket, $100 pays $101 (1.01x)
Polymarket
Contract
Beinir Johannesen
Last price
89.6%
Fair, margin removed
78.9%
As of
Polled 196 d ago
Buy Yes
98.9¢
Sell Yes
80.2¢
$100 on Yes pays
$101 (1.01x)
Volume
$21K
Trade this on Polymarket
Bárður á Steig Nielsen
10.5%
Polymarket 12%(10.5% fair)polled, 4706 h agoBest Yes 22.6¢ on Polymarket, $100 pays $442 (4.42x)
Polymarket
Contract
Bárður á Steig Nielsen
Last price
12%
Fair, margin removed
10.5%
As of
Polled 196 d ago
Buy Yes
22.6¢
Sell Yes
1.3¢
$100 on Yes pays
$442 (4.42x)
Volume
$9K
Trade this on Polymarket
Høgni Hoydal
9.5%
Polymarket 10.8%(9.5% fair)polled, 4706 h agoBest Yes 21.5¢ on Polymarket, $100 pays $465 (4.65x)
Polymarket
Contract
Høgni Hoydal
Last price
10.8%
Fair, margin removed
9.5%
As of
Polled 196 d ago
Buy Yes
21.5¢
Sell Yes
0.1¢
$100 on Yes pays
$465 (4.65x)
Volume
$8K
Trade this on Polymarket
Aksel V. Johannesen
1%
Polymarket 1.2%polled, 4706 h agoBest Yes 2.3¢ on Polymarket, $100 pays $4,348 (43.5x)
Polymarket
Contract
Aksel V. Johannesen
Last price
1.2%
As of
Polled 196 d ago
Buy Yes
2.3¢
Sell Yes
—
$100 on Yes pays
$4,348 (43.5x)
Volume
$6K
Trade this on Polymarket
Jenis av Rana
0.1%
Polymarket 0.1%polled, 4706 h agoBest Yes 0.1¢ on Polymarket, $100 pays $100,000 (1000x)
Polymarket
Contract
Jenis av Rana
Last price
0.1%
As of
Polled 196 d ago
Buy Yes
0.1¢
Sell Yes
—
$100 on Yes pays
$100,000 (1000x)
Volume
$2K
Trade this on Polymarket
Ruth Vang
0%
Polymarket 0.1%polled, 4706 h agoBest Yes 0.1¢ on Polymarket, $100 pays $100,000 (1000x)
Polymarket
Contract
Ruth Vang
Last price
0.1%
As of
Polled 196 d ago
Buy Yes
0.1¢
Sell Yes
—
$100 on Yes pays
$100,000 (1000x)
Volume
$4K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Beinir Johannesen
  • Bárður á Steig Nielsen
  • Høgni Hoydal

About this market

Final prediction market prices for "Next Prime Minister of Faroe Islands". Beinir Johannesen last traded at 78.9%. Next is Bárður á Steig Nielsen at 10.5%. $50K has traded across 6 outcomes on Polymarket. The market closed on Mar 26, 2026.

General elections are scheduled to be held in the Faroe Islands on 26 March 2026. This market will resolve to the individual who is formally appointed as Løgmaður (Prime Minister) of the Faroe Islands following the 2026 Faroese general election. To count for resolution, the individual must be formally appointed as Løgmaður following the 2026 Faroese general election. Any interim or caretaker head of government will not count toward the resolution of this market. If no such Prime Minister is appointed by March 31, 2027, 11:59 PM ET, this market will resolve to “Other”. The primary resolution source for this market will be official information from the Government of the Faroe Islands; however, a consensus of credible reporting may also be used.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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