With two matchdays remaining in the 2025-26 La Liga campaign, a crowded relegation scrap involving at least nine clubs keeps the 17th-place outcome highly fluid. Espanyol’s current mid-table buffer and home fixtures give traders the clearest edge for finishing exactly 17th, reflected in the 47.5% implied probability. Elche sits just behind at 36% on the strength of recent results that have kept them clear of the drop zone. Athletic Bilbao, Mallorca, Osasuna, Girona, Rayo Vallecano, Sevilla, Alavés, Valencia and Levante each trade near 32%, underscoring how narrow point gaps and remaining schedule difficulty leave any of them vulnerable to slipping into the final relegation spot or claiming safety by one position. Real Sociedad’s minimal 0.6% price aligns with its safer standing higher in the table.