Will Team Spirit win IEM Cologne Major 2026?

The tournament is currently in Stage 3 with 7 days remaining until the June 21 end date. Team Spirit has shown strong recent form, including a clutch 2v4 victory and donk carrying them to Stage 3, but they face a stacked field including NAVI's tournament debut and other top contenders. Historical data shows favorites rarely exceed 30-35% implied probability at this stage of a major, and the current market price of $0.335 already prices in Spirit's strong run. The 71.8% price increase over 7 days