Short Answer

Gadi Eizenkot is considered a toss-up for the next Prime Minister of Israel, reflecting his lead over Benjamin Netanyahu in head-to-head suitability polls and his Yashar party's strength in surveys. However, the anti-Netanyahu opposition bloc he would likely lead consistently polls short of the 61-seat majority required to form a government, a factor the market prices at 51.7%.

1. Market Behavior & Drivers

This market shows no trading volume, so price fluctuations do not reflect trader sentiment or reactions to specific events. The contract has moved sideways within a tight range of 24.5% to 33.5% without any capital being deployed. These minor price adjustments are not attributable to news flow, including the scheduling of the next legislative election for October 27, 2026.
Without any traded contracts, the price movements are not evidence of a shift in market consensus. The market remains dormant, and its price does not currently provide a meaningful signal regarding the probability of Benjamin Netanyahu becoming the next Prime Minister.
  • Since last update (~28d): The overall model-market edge flipped from +0.1 to -5.8 (-5.9pp), indicating market overpricing.
  • Gadi Eizenkot's model-led decline of -4.6pp compressed his edge as market probability fell -1.1pp.
  • Naftali Bennett's model-led increase of +0.7pp widened his edge as market probability remained flat.
  • Confidence increased by +1.0pp; Ofer Winter was added, while Person G was removed.
  • Gadi Eisenkot leads polls, but his bloc may fall short of a majority.
  • Benjamin Netanyahu, the incumbent, faces low public approval and coalition deficits.
  • Naftali Bennett and Avigdor Lieberman are potential kingmakers for a government.

Who Wins and Why

Outcome Market Model Why
Benjamin Netanyahu 30.0% 24.2% Incumbent Netanyahu trails in polls and has low public approval, with his coalition consistently short of a majority.
Naftali Bennett 7.0% 7.7% Naftali Bennett's party may be a "kingmaker," likely facilitating another's premiership rather than his own.
Amir Ohana 0.3% 0.4% There is a lack of specific evidence supporting a path to the premiership for this candidate.
Avigdor Lieberman 4.2% 4.7% Avigdor Lieberman is a potential "kingmaker," which implies he would facilitate another's premiership, not lead himself.
Yair Golan 1.5% 1.8% A fragmented political landscape offers a speculative path for a less prominent figure if front-runners fail.

Current Context

Israel's 26th legislative election is set for October 27, 2026 [1][2][3]. The 25th Knesset completed its full four-year term, dissolving on July 17, 2026, which marks the first time since 1988 for such an occurrence [1][2][3]. As of September 1, 2026, Benjamin Netanyahu is the Prime Minister of Israel [4][5][6]. Key contenders for Prime Minister include the incumbent Benjamin Netanyahu (Likud), former army chief of staff Gadi Eisenkot (Yashar), and Naftali Bennett (B'Yachad) [7][8][9]. Netanyahu is broadly unpopular among the U.S. public, with only 20% of U.S. adults holding a favorable view of him [6].
The political landscape is fragmented, complicating government formation. While opposition parties often poll better than the incumbent coalition, forming a stable government with a 61-seat majority remains uncertain due to ideological divisions, particularly regarding the role of Arab-majority parties in potential coalitions [10][8][11][12]. As of early September 2026, prediction markets and public polling show a competitive race, with a tight battle for the largest party between Likud and Yashar, and no clear bloc currently guaranteed a parliamentary majority [13][10][8].
Sources (13)
  1. 1Election date finalized for October 27, with government set to complete full term | The Times of Israeltimesofisrael.com
  2. 22026 Israeli legislative electionen.wikipedia.org
  3. 3When are Israel's 2026 elections? Full timeline and key dates explained | The Jerusalem Postjpost.com
  4. 4Survivors of Israel's pager attack on Hezbollah last year...ap.org
  5. 5Trump's Gaza plan has stunned the region. Here's a look at...ap.org
  6. 6AP-NORC poll: About 3 in 10 US adults believe Israel has...ap.org
  7. 7Naftali Bennett, Gadi Eisenkot draw battle lines in race to lead Israel’s next government | The Jerusalem Postjpost.com
  8. 8Poll of polls: Likud regains lead - Globesen.globes.co.il
  9. 956 days before Israeli elections, Prime Minister Netanyahu grows weaker: Analysisaa.com.tr
  10. 10Israel election: Who is Gadi Eisenkot, the retired general challenging Netanyahu? | Explained News - The Indian Expressindianexpress.com
  11. 11Israel's general election will be like no other beforechathamhouse.org
  12. 12Polls, blocs and mergers: Setting the stage for Israel Election 2026 - Israel & Jewish News - JNSjns.org
  13. 13Prime Minister of Israel after the next election?polymarket.com

2. Price Chart

Historical Price (Probability)

Outcome probability
Date

3. Market Data

Contract Snapshot

This market resolves to 'YES' for the individual who is officially appointed and sworn in as Prime Minister of Israel following the next parliamentary election, whether it is the one scheduled for October 27, 2026, or an early election. Interim or caretaker Prime Ministers will not count for resolution; the individual must be formally sworn in. If no Prime Minister is sworn in by December 31, 2027, 11:59 PM ET, the market will resolve to 'Other'.

Available Contracts

Market options and current pricing

Outcome bucket Yes (price) No (price) Last trade probability
Gadi Eizenkot $0.52 $0.49 52%
Benjamin Netanyahu $0.30 $0.72 30%
Naftali Bennett $0.07 $0.94 7%
Avigdor Lieberman $0.04 $0.96 4%
Ofer Winter $0.02 $0.99 2%
Yair Golan $0.01 $0.99 2%
Itamar Ben Gvir $0.01 $0.99 1%
Moshe Feiglin $0.00 $1.00 0%
Amir Ohana $0.00 $1.00 0%
Ayelet Shaked $0.00 $1.00 0%
Benny Gantz $0.00 $1.00 0%
Gideon Sa’ar $0.00 $1.00 0%
Yariv Levin $0.00 $1.00 0%
Yoaz Hendel $0.00 $1.00 0%
Yossi Cohen $0.00 $1.00 0%
Gilad Erdan $0.00 $1.00 0%
Israel Katz $0.00 $1.00 0%
Nir Barkat $0.00 $1.00 0%
Yair Lapid $0.00 $1.00 0%
Other $1.00 $1.00 0%
Person G $1.00 $1.00 0%
Person H $1.00 $1.00 0%
Person I $1.00 $1.00 0%
Person J $1.00 $1.00 0%
Person K $1.00 $1.00 0%
Person L $1.00 $1.00 0%
Person M $1.00 $1.00 0%
Person N $1.00 $1.00 0%
Person O $1.00 $1.00 0%

Market Discussion

The market currently projects Gadi Eizenkot as the most likely next Prime Minister of Israel, based on sustained polling momentum for his party and strong leads in prime ministerial suitability. Benjamin Netanyahu's lower probability reflects projections of reduced Likud seats, coalition shortfalls, ongoing security concerns, and voter fatigue. Other candidates, including Naftali Bennett, Avigdor Lieberman, and Ofer Winter, show significantly lower odds due to their parties' narrower projected support and challenges within the fragmented political landscape.

4. Trust Index

Octagon Trust Index Polymarket 70 Good

Settlement is decided by a token-holder vote.

Integrity risk· Outcome control

How it adds up
Integrity80% of score69Caution
Trade quality20% of score75Good

Includes the cost to trade: a $10,000 order loses about 1% of the price to slippage.

Trust score70Good

Weighted blend with hard caps — a critically weak safety pillar, or a severe trading anomaly, caps the total regardless of the rest. Full methodology · About the Trust Index

Trust profile
Integrity5 screens run · 4 don't apply · 1 awaiting data

5. How do the primary contenders, Benjamin Netanyahu and Gadi Eisenkot, differ on key policy platforms like judicial reform and economic strategy for the 2026 election?

Primary Contenders (2026 Election)Benjamin Netanyahu and Gadi Eisenkot [1][2]
Eisenkot's Conscription StanceAdvocates enforcement for ultra-Orthodox Jews [1][2]
Netanyahu's Political RelianceReligious right-wing parties and existing coalition [1][2]
Benjamin Netanyahu and Gadi Eisenkot are key contenders for the 2026 Israeli election. These primary candidates exhibit distinct approaches, particularly regarding security policy and military conscription for ultra-Orthodox Jews [1][2]. However, the available research output does not detail their specific platforms concerning judicial reform or economic strategy [3][1][4][2][5][6][7].
Gadi Eisenkot proposes a strategic security policy and mandatory conscription. The former IDF Chief of Staff has openly criticized Benjamin Netanyahu's management of the Israel-Hamas War, specifically noting the absence of a clear exit strategy [1][2]. Eisenkot advocates for a more strategic framework in security matters and strongly supports the mandatory military conscription of ultra-Orthodox Jews [1][2].
Benjamin Netanyahu relies on religious right-wing parties for his strategy. His political approach is significantly shaped by the support of these parties and the current coalition framework [1][2]. This reliance influences his position on military conscription, which contrasts with Eisenkot's stance [1][2]. Despite facing declining public trust, Netanyahu continues to depend on this established political base [1][2].
Sources (7)
  1. 12026 Israeli Elections | Prime Minister, Candidates...britannica.com
  2. 2Naftali Bennett, Gadi Eisenkot draw battle lines in race to...jpost.com
  3. 3Will Netanyahu Be Israel’s Next Prime Minister? Odds | Lines.comlines.com
  4. 4Israel will hold elections this fall. Gadi Eisenkott could be...npr.org
  5. 5Who will be the next Prime Minister of Israel after the next election Odds & Prediction Market Analysis | CryptoSlatecryptoslate.com
  6. 6Israel next PM odds: is Eisenkot at 51.5¢ on Polymarket value? - The Fair Stakethefairstake.com
  7. 7Trump Signals Economic Pressure on Iran; Israel Rejects US Proposal | Bloomberg Daybreak: US Editionyoutube.com

6. What does recent polling data reveal about the most viable paths for either the Netanyahu-led bloc or an opposition coalition to secure a 61-seat majority?

Anti-Netanyahu Bloc Seats57-59 seats (as of late August 2026) [1][2][3][4]
Pro-Netanyahu Bloc Seats47-51 seats (as of late August 2026) [1][2][3][4]
Gadi Eisenkot PM Probability51-54% probability (as of September 1, 2026) [5][6][7][8][9]
The Israeli political landscape remains deadlocked, preventing a 61-seat majority for either major bloc. As of late August 2026, the anti-Netanyahu opposition bloc typically polls between 57-59 seats, falling short of the 61-seat requirement, while the pro-Netanyahu coalition trails with approximately 47-51 seats [1][2][3][4]. This distribution highlights a persistent inability for either side to independently form a government.
Both blocs face significant challenges without resorting to unconventional alliances to secure a majority. Neither the Netanyahu-led coalition nor the opposition can achieve a 61-seat majority without engaging partners that have been historically contentious. These potential alliances include Arab parties, which both main blocs have previously rejected, or smaller, unaligned right-wing factions currently struggling to surpass the 3.25% electoral threshold required for Knesset representation [1][2][10][11]. Furthermore, Prime Minister Benjamin Netanyahu has reportedly rejected a 15-point plan [12].
Prediction markets favor Eisenkot for Prime Minister despite the current political deadlock. As of September 1, 2026, these markets indicate a competitive race for the premiership. Gadi Eisenkot of the Yashar party is frequently favored with an approximate 51-54% probability, surpassing Benjamin Netanyahu, who holds around 28-35% probability [5][6][7][8][9]. This market sentiment suggests that Eisenkot's perceived momentum as a centrist alternative is seen as offering a more viable path to coalition formation [5][6][7][8][9].
Sources (12)
  1. 1Israel 2026 Election | Poll: Eisenkot's Yashar Party Leads...haaretz.com
  2. 2Polls show reshuffling of parties wouldn't much change...timesofisrael.com
  3. 3Dramatic I24NEWS Poll: Winter Shakes Up The Balance Of...i24news.tv
  4. 4Netanyahu's coalition slips behind Eisenkot's Yashar in...jpost.com
  5. 5Will Netanyahu Be Israel’s Next Prime Minister? Odds | Lines.comlines.com
  6. 6Who will be the next Prime Minister of Israel after the next election? — Compare Odds on 6 Platforms | CoinRithmcoinrithm.com
  7. 7Who will be the next Prime Minister of Israel after the next election? — Prediction Markets | FRCresearchfrc.com
  8. 8Who will be the next Prime Minister of Israel after the next election Odds & Prediction Market Analysis | CryptoSlatecryptoslate.com
  9. 9Whales.betwhales.bet
  10. 10Israel Election 2026: The parties, blocs and battles that will...jpost.com
  11. 11Israel Heads To The Polls: Inside The Most Consequential...i24news.tv
  12. 12Trump Signals Economic Pressure on Iran; Israel Rejects US Proposal | Bloomberg Daybreak: US Editionyoutube.com

7. Which potential 'kingmaker' parties, such as those led by Naftali Bennett or Avigdor Lieberman, could determine the 2026 election outcome, and what are their stated coalition demands?

Next Israeli Election DateOctober 27, 2026 [1][2]
Favored PM Candidate (Prediction Markets)Gadi Eizenkot (51-56%) [3][4][5]
Naftali Bennett's Party Polling14-20 seats [6][7][3]
The 26th Knesset legislative election in Israel, scheduled for October 27, 2026, may feature significant kingmaker influence [1][2]. Prediction markets currently favor Gadi Eizenkot as the next Prime Minister with 51-56% odds, while Benjamin Netanyahu follows at 28-34% [3][4][5]. In this political landscape, Naftali Bennett and Avigdor Liberman are identified as potential "kingmaker" figures whose parties could play a decisive role in determining the election's outcome [6][3][4][5].
Naftali Bennett and Avigdor Liberman are key potential kingmakers. Naftali Bennett, leading the B'Yachad party, is currently polling between 14-20 seats [6][7][3]. His party has explicitly stated that they will not consider Haredi parties or Arab factions as potential coalition partners [6]. Avigdor Liberman, who leads Yisrael Beytenu, is also positioned as a crucial kingmaker [6][8][3]. His strategic influence is expected to be greatest if neither Benjamin Netanyahu's bloc nor the main opposition succeeds in securing an outright majority, thereby allowing him to leverage his party's position in coalition negotiations [6][8][3].
Sources (8)
  1. 12026 Israeli legislative electionen.wikipedia.org
  2. 22026 Israeli Elections | Prime Minister, Candidates...britannica.com
  3. 3Who will be the next Prime Minister of Israel after the next election Odds & Prediction Market Analysis | CryptoSlatecryptoslate.com
  4. 4Who will be the next Prime Minister of Israel after… | Polymarket 2026polymarket.za.com
  5. 5Prime Minister of Israel after the 2026 election?kalshi.com
  6. 6Israel Election 2026: The parties, blocs and battles that will...jpost.com
  7. 7Will Netanyahu Be Israel's Next Prime Minister?lines.com
  8. 8Is Avigdor Lieberman Plotting His Own Path to Replace...haaretz.com

8. How might a significant change in the security situation, such as an escalation with Hamas or Hezbollah, impact voter sentiment towards Netanyahu versus Eisenkot before the election?

Gadi Eisenkot election probability49-59% (as of September 1, 2026) [1][2][3][4][5]
Benjamin Netanyahu election probability28-38% (as of September 1, 2026) [1][2][3][4][5]
Current Prime MinisterBenjamin Netanyahu (as of September 1, 2026) [6]
A significant shift in the security situation would likely impact voter sentiment. A major escalation involving Hamas or Hezbollah is anticipated to boost support for Gadi Eisenkot, who is perceived to have stronger security credentials and a more credible strategic vision, while increasing public scrutiny of current Prime Minister Benjamin Netanyahu [7][8][9][10]. The ongoing conflict has also introduced economic strain for Israel, with concerns about declining investment, higher taxes, and reductions in public services emerging as factors that could influence voter sentiment [11].
Prediction markets consistently favor Gadi Eisenkot over Benjamin Netanyahu for the next Prime Minister. As of September 1, 2026, Eisenkot's implied probabilities in these markets range from 49% to 59%, while Netanyahu's range from 28% to 38% [1][2][3][4][5]. Netanyahu, who is the current Prime Minister, is navigating a challenging governing coalition and has faced public protests related to the handling of the hostage situation in Gaza [6][12][13]. His political strategy includes characterizing centrist challengers like Eisenkot as dependent on Arab parties to form a government, a tactic intended to appeal to moderate right-wing voters [8][9].
Sources (13)
  1. 1Polymarket boosts Eizenkot to 50% in Israel PM race after security headlines - Blockchain.Newsblockchain.news
  2. 2Lebanon strikes and Trump jab reprice Israel PM market, Eizenkot at 39.1% - Blockchain.Newsblockchain.news
  3. 3Prime Minister of Israel after the 2026 election?kalshi.com
  4. 4Who will be the next Prime Minister of Israel after the next election? — Prediction Markets | FRCresearchfrc.com
  5. 5Israel election: Who will be the next prime minister? — Compare Odds on 6 Platforms | CoinRithmcoinrithm.com
  6. 6NYC Mayor Mamdani says New York can't arrest Netanyahu...newsroom.ap.org
  7. 7Netanyahu's promise of 'total victory' may be his undoing972mag.com
  8. 82026 Israeli Elections | Prime Minister, Candidates...britannica.com
  9. 9Trends and Key Developments Ahead of the 2026 Israeli...jstreet.org
  10. 10Naftali Bennett, Gadi Eisenkot draw battle lines in race to...jpost.com
  11. 11Israel’s wars are expensive. Paying the bill could force tough choices | The Associated Pressap.org
  12. 12The 2026 Knesset Elections: The Contours of Israel's...dohainstitute.org
  13. 13Protesters rally outside Netanyahu's residence demanding...newsroom.ap.org

9. How do Benjamin Netanyahu's current public approval ratings compare with his ratings at similar points in previous successful election cycles?

Netanyahu 2025 approval rating45% (down from 68% in 2015) [1]
Netanyahu bloc projected seats (Oct 2026 election)52 seats (short of 61-seat majority) [2]
Prediction market PM probability (Sept 2026)Gadi Eisenkot 50-56%, Benjamin Netanyahu 28-35% [3][4][5][6][7]
Direct comparison of Netanyahu's current approval with past elections is challenging. As of September 2026, standardized or widely reported real-time public approval ratings for Israeli Prime Minister Benjamin Netanyahu are not available from expert-curated sources that primarily focus on U.S. election cycles and domestic U.S. polling, preventing a direct comparison to similar points in his previous successful election cycles [8][9]. Nonetheless, his approval rating in 2025 stood at 45%, marking a notable decrease from a high of 68% recorded in 2015 [1].
Netanyahu's bloc currently faces a significant electoral challenge for the upcoming elections. Polling data from late August 2026 projects Prime Minister Netanyahu's bloc to secure 52 seats for the October 27, 2026, elections, which falls short of the 61-seat majority needed to form a government [2]. Furthermore, recent surveys indicate Gadi Eisenkot's newly established Yashar party leading Likud, with seat projections of 24 to 21, respectively, and Eisenkot also holds a lead over Netanyahu in head-to-head suitability for Prime Minister, at 40% compared to 37% [2][6]. Prediction markets as of September 1, 2026, further suggest Eisenkot as the frontrunner for the next Prime Minister, typically assigning him a 50-56% probability, while Benjamin Netanyahu's probability ranges from 28-35% [3][4][5][6][7].
Sources (9)
  1. 1Public approval of Benjamin Netanyahu Israel 2025statista.com
  2. 256 days before Israeli elections, Prime Minister Netanyahu...aa.com.tr
  3. 3Prime Minister of Israel after the next election?polymarket.com
  4. 4Who will be the next Prime Minister of Israel after...gemini.com
  5. 5Whales.betwhales.bet
  6. 6Prime Minister of Israel after the 2026 election?kalshi.com
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  8. 8Republicans are more likely than Democrats to see Israel as a...ap.org
  9. 9Scott Rasmussen's Number of the Day for November 27, 2023 - Ballotpediaballotpedia.org

10. What Could Change the Odds

Key Catalysts

Israel's next legislative election is officially scheduled for October 27, 2026, to elect members of the 26th Knesset [1][2][3]. This election marks the first time since 1988 that an Israeli government has served its full four-year term, with the 25th Knesset dissolving on July 17, 2026 [1][2][3]. Critical upcoming dates include the September 9, 2026, deadline for submitting party lists, the start of overseas diplomatic voting on October 20, 2026, and the expected confirmation of election results on November 4, 2026 [3].
As of June 27, 2026, Benjamin Netanyahu serves as the Israeli Prime Minister [4]. However, prediction markets in August/September 2026 widely favor Gadi Eizenkot as the next potential Prime Minister, with Netanyahu trailing as a challenger [5][6][7]. Reports from November 2025 indicated Benjamin Netanyahu requested a presidential pardon [8]. Israel is also rejecting a US-backed peace proposal with Hamas [9].

Key Dates & Catalysts

  • Closes: December 31, 2026
Sources (9)
  1. 1Election date finalized for October 27, with government set to complete full term | The Times of Israeltimesofisrael.com
  2. 22026 Israeli legislative electionen.wikipedia.org
  3. 3When are Israel's 2026 elections? Full timeline and key dates explained | The Jerusalem Postjpost.com
  4. 4NYC Mayor Mamdani says New York can't arrest Netanyahu...newsroom.ap.org
  5. 5Who will be the next Prime Minister of Israel after the n... 2026 | Polymarketpolymarket.com
  6. 6Prime Minister of Israel after the 2026 election? — Compare Odds on 6 Platforms | CoinRithmcoinrithm.com
  7. 7Next Prime Minister of Israel After the Next Election Odds: Gadi Eizenkot Leads at 41% | Live Oddspredictioncircle.com
  8. 8Israelis react after Netanyahu submits request for presidential...newsroom.ap.org
  9. 9Trump Signals Economic Pressure on Iran; Israel Rejects US Proposal | Bloomberg Daybreak: US Editionyoutube.com