Short Answer

Both the model and the market show Lebanese Forces (LF) as the most likely outcome among the listed parties. However, the 2026 Lebanese Parliamentary Election has been postponed, making it impossible for any listed party to win this market per its resolution rules.

1. Market Behavior & Drivers

This market is completely static and illiquid. The implied probability for a "Yes" outcome has remained fixed at 0.2% across the entire history of the contract. There have been no price movements, spikes, or dips. The overall trend is flat, reflecting a total absence of price discovery. The market's stasis means there are no technical levels of support or resistance to identify; the price is simply locked at its floor.
Trading volume is zero. No contracts have traded, which indicates a complete lack of market participation and conviction. The news in March 2026 that the Lebanese parliament voted to extend its mandate and postpone the election until 2028 failed to generate any activity. The lack of a price reaction to this fundamental development is a function of total illiquidity, not an efficient pricing of the information.
The chart suggests the market is dormant, likely due to the long-dated postponement of the election. The extremely low, unchanging price and zero volume reflect terminal disinterest from traders. The sentiment is not actively bearish; rather, the market itself is inactive and cannot be considered a reliable indicator of current expectations.
  • Lebanon's 2026 parliamentary election is officially postponed until May 2028.
  • No listed party can win the 2026 election per this postponement.
  • Market rules dictate "Other" if 2026 results are unknown by October 2026.

Current Context

The Lebanese parliamentary elections, initially set for May 2026, have been postponed. In March 2026, the Lebanese parliament voted to extend its own mandate by two years, delaying the next elections until 2028 [1][2][3]. This postponement occurred amidst an escalation in the conflict between Israel and Hezbollah, which began in March 2026 and caused widespread displacement and damage across Lebanon [1][4][5][6].
US-brokered talks are ongoing to resolve the Lebanon-Israel conflict. As of August 6, 2026, Lebanon is participating in direct negotiations with Israel to implement a June 2026 framework deal [7][8][9]. This agreement calls for the withdrawal of Israeli forces from southern Lebanon and the disarmament of Hezbollah [7][6][8][9]. President Joseph Aoun manages both domestic and international pressures concerning the agreement's implementation and the Lebanese Armed Forces' role in southern pilot zones [7][10].
Sources (10)
  1. 1Lebanon parliament extends its own mandate for two years as war intensifies | Reutersreuters.com
  2. 2IFES Election Guide | Elections: Lebanese National Assembly 2026 Generalelectionguide.org
  3. 3An Extension Under Fire | Carnegie Endowment for International Peacecarnegieendowment.org
  4. 4Lebanese parliament extends term by 2 years as Israel intensifies attacks on Lebanon | AP Newsapnews.com
  5. 5Lebanon to delay May elections due to conflict with Israel,...reuters.com
  6. 62 Israeli soldiers killed in Lebanon in the first Israeli deaths under truce | AP Newsapnews.com
  7. 7Aoun faces impossible balancing act between Hezbollah and Israel | The Nationalthenationalnews.com
  8. 8Lebanon and Israel hold new round of direct talks in Romefrance24.com
  9. 9Seventh round of Israel-Lebanon talks begins – what's on...aljazeera.com
  10. 10Rome Talks: Washington Urges Patience. Beirut Needs Results | Alhurraalhurra.com

2. Price Chart

Historical Price (Probability)

Outcome probability
Date

3. Market Data

Contract Snapshot

This market resolves YES for the political party that wins the greatest number of seats in the next Lebanese Parliament; otherwise, it resolves NO. If definitive results are not available by October 31, 2026, 11:59 PM ET, the market resolves to 'Other'. Resolution is based on the number of seats won, using a consensus of credible reporting or official results from the Lebanese Ministry of Interior; tie-breaking rules prioritize valid votes and then alphabetical order, with specific conditions for how seats are counted for coalitions.

Market Discussion

Trader consensus suggests no single party is expected to achieve a clear plurality in the upcoming Lebanese parliamentary elections, with all listed parties currently showing extremely low probabilities (mostly <1%). This viewpoint reflects structural barriers, the absence of recent voting data, and a fragmented political landscape due to the election's postponement and ongoing conflict. The market anticipates that future outcomes will largely depend on post-conflict negotiations, voter turnout among displaced communities, and shifts in alliances.

4. Trader Dashboard

This scorecard was computed Aug 6, 2026 and may not reflect current market conditions.

Trust profile
Event quality1
Poor

5. What key events or negotiation outcomes between Israel and Lebanon could shift the political landscape ahead of the delayed 2028 elections?

Election DelayMay 2026 to May 2028 (extended by two years) [1][2][3]
Agreement SignedJune 26, 2026 [4][5][6][7]
Conflict StatusOngoing military conflict as of August 2026 [8][9]
Lebanon delayed elections, signing an agreement amidst conflict with Israel. On March 9, 2026, Lebanon's parliament voted to postpone its parliamentary elections from May 2026 to May 2028, extending its mandate by two years due to "force majeure" and security concerns related to the ongoing conflict with Israel [1][2][3]. In an effort to establish peace and security, Israel and Lebanon signed a Trilateral Framework Agreement on June 26, 2026. This agreement outlines a plan for Israel's gradual withdrawal from southern Lebanon and the Lebanese Armed Forces (LAF) taking over security control in designated zones [4][5][6][7].
Implementation of the agreement faces significant obstacles and ongoing military conflict. Key challenges impeding the Trilateral Framework Agreement include power imbalances, slow Israeli withdrawal, continued military activity in southern Lebanon, and the contentious demand for the Lebanese state to disarm Hezbollah, which threatens domestic stability [4][10][6]. As of August 2026, Israel and Lebanon remain engaged in military conflict, characterized by regular cross-border strikes involving Hezbollah and Israel, further destabilizing the region [8][9].
Ceasefire negotiations are stalled, severely impacting Lebanon's political stability. Talks for a ceasefire and the implementation of UN Resolution 1701 have encountered persistent obstacles, such as disagreements over border security, international oversight, and Lebanese sovereignty versus Israeli demands for operational freedom [11]. The prolonged conflict has profoundly affected Lebanon's political landscape ahead of the 2028 elections, resulting in extensive infrastructure damage, displacement, and an increased integration of advanced military technology [11][12]. Before the election delay, prediction markets reflected extreme uncertainty regarding the parliamentary election winner, underscoring the volatile political environment [13].
Sources (13)
  1. 1Lebanon parliament extends its own mandate for two years...reuters.com
  2. 2Constitutional Council approves two-year extension of...today.lorientlejour.com
  3. 3Parliament extends its mandate for 2 yearsthebeiruter.com
  4. 4Seventh round of Israel-Lebanon talks begins – what's on...aljazeera.com
  5. 52026 Israel–Lebanon peace talksen.wikipedia.org
  6. 6The Trilateral Framework Agreement: Drivers and...arabcenterdc.org
  7. 7Lebanon, July 2026 Monthly Forecastsecuritycouncilreport.org
  8. 8Week in Pictures | The Associated Pressap.org
  9. 9PHOTO ESSAY: Life goes on underground in Israel, in scenes both real and surreal | The Associated Pressap.org
  10. 10Lebanon-Israel talks in Rome: Two countries begin second day...youtube.com
  11. 11What's blocking a ceasefire between Israel and Hezbollah? | The Associated Pressap.org
  12. 12Associated Press global investigation into government surveillance efforts wins Pulitzer Prize | The Associated Pressap.org
  13. 13Lebanon Parliamentary Election Winner Predictions & Odds 2026 | Polymarketpolymarket.com

6. What does the March 2026 parliamentary vote to extend its mandate reveal about the current strength of the Hezbollah-Amal-FPM alliance versus the opposition?

Vote DateMarch 9, 2026 [1][2][3]
Mandate ExtensionTwo years until May 31, 2028 [1][2][3]
Vote Count76 to 41, with four abstentions [1][2][3]
The Hezbollah-Amal alliance secured a two-year parliamentary mandate extension. The Hezbollah-Amal alliance successfully extended the Lebanese Parliament's mandate for two years, securing its continuation until May 31, 2028 [2][4][5]. This parliamentary vote, held on March 9, 2026, was orchestrated by Parliamentary Speaker Nabih Berri, a known ally of Hezbollah, to ensure its passage [2][3][1].
The vote demonstrated the alliance's ability to consolidate parliamentary support. The outcome of the vote, with 76 in favor, 41 against, and four abstentions, revealed the alliance's capacity to unify parliamentary backing [1][2][3]. This achievement occurred despite opposition from various groups, including the Lebanese Forces and segments of the Free Patriotic Movement (FPM) [2][4][5][6]. The FPM is currently pursuing a 'balance management' strategy, which involves avoiding full alignment with Hezbollah's wartime stance while also preventing direct confrontation [2][4][5][6].
Sources (6)
  1. 1Lebanon parliament extends its own mandate for two years...reuters.com
  2. 2An Extension Under Firecarnegieendowment.org
  3. 3Parliament extends its mandate for 2 yearsthebeiruter.com
  4. 4What are Lebanon's most important political parties?aljazeera.com
  5. 5The war between Hezbollah and Israel, and the maps of...politicsociety.org
  6. 6Lebanon postpones parliamentary elections by two yearsthehindu.com

7. How do the official positions of Hezbollah and the Lebanese Forces (LF) compare on the terms of the US-brokered framework deal, especially regarding militia disarmament?

Hezbollah's Official StanceRejects US-brokered framework agreement, refuses to disarm [1][2][3]
Agreement Signing DateJune 26, 2026 [4][1][2][5]
Israeli Withdrawal ConditionHezbollah disarmament by Lebanese Armed Forces with US oversight and Israeli verification [4][1][2][5]
Hezbollah unequivocally rejects the US-brokered framework deal and refuses disarmament. The group, led by Naim Kassem, officially deems the US-brokered framework agreement a null and void surrender of sovereignty, having categorically refused to disarm or cease its armed resistance against Israel [1][2][3]. Hezbollah opposes any ceasefire deal that fails to guarantee a complete and comprehensive end to hostilities and protect Lebanese sovereignty, emphasizing that it will not accept terms perceived as compromising its security or the country's independence [6]. The group has also warned that the agreement could lead to internal conflict [4][1].
The US-brokered agreement mandates Hezbollah disarmament for Israeli withdrawal. This trilateral framework agreement, signed on June 26, 2026, stipulates that Israeli military withdrawal from southern Lebanon is conditional on the disarmament of Hezbollah across all Lebanese territory [4][1][2][5]. This disarmament is to be carried out by the Lebanese Armed Forces, with US oversight and Israeli verification [4][1][2][5]. Although the Lebanese Forces (LF) have generally advocated for state sovereignty and the cessation of non-state armed actors, the framework agreement has intensified internal political divisions in Lebanon [4][1][6].
Sources (6)
  1. 1Landmark Israel-Lebanon Agreement Intersects the U.S.-...thesoufancenter.org
  2. 22026 Israel–Lebanon peace talksen.wikipedia.org
  3. 3Israel and Lebanon signed a framework agreement on...facebook.com
  4. 4The Trilateral Framework Agreement: Drivers and...arabcenterdc.org
  5. 5What Does the Trilateral Framework Mean for Lebanon?timep.org
  6. 6What's blocking a ceasefire between Israel and Hezbollah? | The Associated Pressap.org

8. What reliable public polling is available from Q2 2026 onwards to track changes in voter support for major parties since the conflict's escalation?

Polling data availabilityNo reliable, comprehensive public polling available from Q2 2026 onwards [1][2][3]
Prediction market support for leading partiesAround 1–4% as of mid-2026 [1][4][2]
Conflict escalation dateEscalated sharply on March 2, 2026 [5][6][7]
No reliable public polling exists for Lebanese voter support since Q2 2026. The severe disruption from the ongoing war and humanitarian crisis in Lebanon has prevented comprehensive public polling on major parties' voter support from Q2 2026 onwards [1][2][3]. As of August 2026, Lebanon is experiencing significant destruction, instability, and a profound humanitarian crisis [1][2][3][8][9][10][11][5][6][7]. The conflict between Israel and Hezbollah escalated sharply on March 2, 2026, creating an environment where tracking political shifts through public opinion polling is exceptionally difficult [8][9][10][11][5][6][7].
Prediction markets reflect extreme uncertainty regarding Lebanese elections and party support. Platforms such as Polymarket and PrediRoute show the Lebanon Parliamentary Election Winner market to be highly fragmented, with leading parties holding only marginal percentages of support, typically around 1–4% as of mid-2026 [1][4][2]. While parliamentary elections were historically anticipated for May 2026, their status remains highly ambiguous due to the current security climate and massive internal displacement, with no recent official updates confirming their viability [12][13].
Sources (13)
  1. 1Lebanon Parliamentary Election Winner Predictions & Odds 2026 | Polymarketpolymarket.copilot.markets
  2. 2Lebanon Parliamentary Election Winnerpolymarket.com
  3. 3Lebanon Parliamentary Election Winner Odds & Analysispredmart.com
  4. 4PrediRouteapp.prediroute.com
  5. 5Lebanonunocha.org
  6. 6US Policy Toward Lebanon in a Time of Wararabcenterdc.org
  7. 7Lebanon War Escalation 2026: What Happened and Why...anera.org
  8. 8Lebanon's Shiite Muslims pay high price in war between Israel...ap.org
  9. 9What's blocking a ceasefire between Israel and Hezbollah? | The Associated Pressap.org
  10. 10What obstacles stand in the way of an Israel-Hezbollah cease...ap.org
  11. 11US spends a record $17.9 billion on military aid to Israel since...ap.org
  12. 12If you're living abroad, make sure to register on the Ministry...instagram.com
  13. 13All the big elections to look out for in 2026 | Elections Newsaljazeera.com

9. How could the planned deployment of the Lebanese Armed Forces (LAF) in southern Lebanon affect the established influence of Hezbollah and the Amal Movement in the region?

LAF Deployment FrameworkUS-backed framework [1][2][3][4]
Hezbollah Presence in Southern LebanonDominant and largely unaffected [5][6]
LAF Impact on Hezbollah CapabilitiesLimited; deeper military or strategic capabilities not neutralized [1][2][3][4]
The Lebanese Armed Forces (LAF) deployment faces challenges against established regional influence. This US-backed initiative in southern Lebanon aims to establish a state monopoly on force and support U.N. Security Council Resolution 1701 [1][2][3][4][5]. However, this effort has encountered significant limitations in undermining the deeply entrenched influence of both Hezbollah and the Amal Movement. Hezbollah maintains a dominant presence in southern Lebanon, which historically complicates the projection of Lebanese state authority and the LAF's mandate [5][6].
Hezbollah's military capabilities remain robust despite LAF efforts. While the LAF has seized some weapons and dismantled infrastructure, it has not successfully neutralized Hezbollah's deeper military or strategic capabilities, which are reportedly being rebuilt or reorganized [1][2][3][4]. The Amal Movement continues to operate as Hezbollah's junior partner, and intra-Shia communal solidarity has strengthened in response to Israeli military operations in southern Lebanon. This hardening of solidarity further exacerbates the challenges faced by the LAF in disarming Hezbollah and asserting its authority [7][8][4].
Sources (8)
  1. 1The Lebanese army has begun deploying in three...facebook.com
  2. 2Lebanon's Army in Limbo: History, Constraints and...arab-reform.net
  3. 3Sovereignty Without Defense: The Army, the State, and...thepublicsource.org
  4. 4US Policy Toward Lebanon in a Time of Wararabcenterdc.org
  5. 5What's blocking a ceasefire between Israel and Hezbollah? | The Associated Pressap.org
  6. 6Zeina Karam appointed AP's Beirut bureau chief | The Associated Pressap.org
  7. 7The Amal Movement and the New War in Lebanon: Interviewmeforum.org
  8. 8Securing South Lebanon?pomeps.org

10. What Could Change the Odds

Key Catalysts

Lebanon's parliamentary election, initially set for May 2026, was cancelled after the Lebanese Parliament voted on March 9, 2026, to extend its mandate by two years until May 31, 2028 [1][2][3][4]. The Lebanese government justified this postponement by citing security instability, war, and the ongoing conflict involving Israel and Hezbollah [2][4].
As of August 6, 2026, Lebanon's political focus centers on US-brokered direct negotiations with Israel [5][6][7]. These negotiations yielded a framework agreement in June 2026, which included provisions for Israeli withdrawal from southern Lebanon and the attempted disarmament of Hezbollah [5][6][7]. Global uncertainty remains elevated, partly due to the Middle East [8][9][10].

Key Dates & Catalysts

  • Closes: May 31, 2026
Sources (10)
  1. 1Elections: Lebanese National Assembly 2026 Generalelectionguide.org
  2. 2Lebanon's political elites are using displacement and...theconversation.com
  3. 3Parliament extends its mandate for 2 yearsthebeiruter.com
  4. 42028 Lebanese general electionen.wikipedia.org
  5. 5Aoun faces impossible balancing act between Hezbollah and Israel | The Nationalthenationalnews.com
  6. 6Seventh round of Israel-Lebanon talks begins – what’s on the agenda? | Israel attacks Lebanon News | Al Jazeeraaljazeera.com
  7. 7Lebanon and Israel hold new round of direct talks in Romefrance24.com
  8. 8The Fed hawks send mortgage rates higheryoutube.com
  9. 9Visa to Buy Fraud-Prevention Firm BioCatch for $2.4 Billion | Bloomberg Intelligenceyoutube.com
  10. 10Instant Reaction: The Fed Decides | Bloomberg Intelligenceyoutube.com