Bilibili Gaming leads trader sentiment for MSI 2026 at 32.5% implied probability following their recent LPL Split 2 playoff success and strong international form, while Hanwha Life Esports sits at 22% after defeating T1 3-1 in the LCK Road to MSI final to secure their first qualification. T1 holds 18.5% on historical pedigree despite the recent loss, with Top Esports at 9.5% as the LPL's second seed. The 50% "Other" share reflects the deep field of 11 teams, including G2, Karmine Corp, and LCS representatives, entering the June 28–July 12 event in Daejeon under a best-of-five fearless draft format where LPL and LCK squads have historically set the pace but recent roster shifts and regional playoffs keep outcomes contested.