Financial Modeling World Cup betting is your chance to wager on one of the newest eSport competitions. The FMWC started in 2020, and its Excel-based modeling competitions have quickly risen in popularity.
Keep reading to learn more about the FMWC. I will tell you about the competition and analyze the current 2025 Financial Modeling World Cup odds. Also, I will give my predictions for this year’s event.
Financial Modeling World 2025 Winner Odds
Here are the current odds for betting on the Financial Modeling World Cup, courtesy of BetUS.
- Michael Jarman (UK) (+125)
- Andrew Ngai (AUS) (+400)
- Diarmuid Early (IRL) (+400)
- Joseph Michael Palisoc (US) (+800)
- Matthew Fried (AUS) (+800)
- Harry Gross (UK) (+1200)
- Anup Agarwal (IND) (+2000)
- Colin Sheehe (US) (+2000)
- Willem Gerritsen (NLD) (+2000)
- Zhang Yunyi (CHN) (+2000)
Michael Jarman shocked FMWC fans in 2024 when he defeated Andrew Ngai. Ngai is a three-time champion, and his defeat was surprising. Jarman is not being overlooked this time, and top sports betting sites have the UK native listed as the +125 favorite to win again.
Ngai is tied for the second-best odds. The Australian is listed at 4-1, the same odds as Ireland’s Diarmuid Eary. Joseph Michael Palisoc (US) and Matthew Fried (AUS) are tied for the fourth-best odds at +800 each.
You can find the odds for this competition by going to BetUS > Sportsbook > Entertainment > Awards Futures > Financial Modeling World Cup.
Financial Modeling World Cup Key Info
The FMWC is a yearly modeling competition that attracts the best Excel modelers on the planet. They compete in financial modeling competitions throughout the year to earn a spot in the finals.
Top Favorites for the 2025 Financial Modeling World Cup
The FMWC has quickly become one of the premier events in Excel-based eSport competitions. Let’s take a closer look at the top competitors in the latest Financial Modeling World Cup odds.
Michael Jarman (+125)
Michael Jarman won the MEWC in 2024, upsetting three-time champion Andrew Ngai. The reigning champion has made it clear to anyone betting on the Financial Modeling World Cup in 2025 that he will not be overlooked again.
Jarman is the +125 favorite to repeat as the champion this December in Las Vegas after topping the 2025 FMWC rankings as of March. When normalizing for each stage, Jarman has earned the maximum of 1,000 points in the first two stages of the 2025 season.
Congratz to the Toronto-based Excel king of the world, Michael Jarman pic.twitter.com/HRoU4FwCNE
— OPM Wire 💰⚔️🇨🇦 (@OPMWire) December 14, 2024
He only scored 989 points in Stage 2, but his stage-leading score was normalized to 1,000 points. Jarman dominated Stage 1, finishing with 1,127 out of 1,000 points.
Barring a falloff of epic proportions, Jarman is sprinting toward locking up his spot in the MEWC this year. If he continues at this pace, Jarman will clinch a spot in the finals and be able to bypass the qualifier rounds.
For what it is worth, Jarman is also on the best team in the FMWC. He is a part of Operis, which currently leads all terms with 4,811 points. They are just ahead of EY (4,535 points) and KPMG (4,303 points).
Andrew Ngai (+400)
Three-time champion Andrew Ngai’s shocking upset last year turned the FMWC world on its head. Ngai has carried the effects of that loss into the early parts of the 2025 season. He scored just 781 normalized points in Stage 1, which ranked 11th amongst this year’s competitors.
On the bright side, Ngai fared much better in the second stage. When normalized for the stage, his score of 944 points was bumped up to 954 points. Ngai had the second-highest individual score in the stage, behind only Jarman.
Despite his slow start, Ngai’s strong performance in Stage 2 was enough to bring his total score for this season to 1,735 points. He is currently fourth in the World Rankings, behind Jarman (2,000), Matthew Fried (1,866), and Joseph Michael Palisoc (1,805).
Both Fried and Palisoc had strong showings in Stage 1, but their sub-900-point performance in the second stage allowed Ngai to make up ground. If that happens again in Stage 3, Ngai could jump them in the rankings and move one step closer to securing his spot in the 2025 MEWC.
Diarmuid Early (+400)
The other competitor listed at 4-1 odds to win the updated Financial Modeling World Cup betting odds is Diarmuid Early. Early is currently ranked sixth through the first two stages of the 2025 season. The Irishman finished the 2024 season with the most points of any competitor.
Financial Modeling World Cup Season 2024 Statistics – Europe Region
This year, the champion of the Season is from Europe: Diarmuid Early 🏆
Let's congratulate the Top 10! 👏🏻
Sign up for Season 2025 starting on January 17: https://t.co/D7PFLK0vru pic.twitter.com/bvhaMZQixs
— Financial Modeling World Cup (@FMWC_) January 13, 2025
Early was just ahead of Ngai (5,570) and Jarman (5,420) through eight stages last year. In 2023, Early finished the regular season with the second-most points, finishing just behind Laurence Lau.
Early has qualified for Las Vegas in back-to-back years and will undoubtedly be one of the last modelers standing in 2025. However, another performance like he had in Stage 2, where he finished with 793 points, could cause Early to tumble down the rankings.
Matthew Fried (+800)
Two competitors are tied for the fourth-best odds at 8-1 each: Matthew Fried and Joseph Michael Palisoc. Fried is currently second in the world rankings, just ahead of Palisoc in third.
So far, Fried has done enough to hold off Palisoc through two stages. He beat Palisoc by one point in Stage 1 and cleared him by 60 points in Stage 2. If that continues, then Fried will have the edge in Las Vegas this December.
Fried must do more than beat Palisoc to win the FMWC this season. He made it to the finals round in 2022 but lost to Andrew Ngai. Fried came up short last year, too, and will have to overcome his struggles in the latter rounds to claim victory this season.
Financial Modeling World Cup Prediction and Betting Pick
The FMWC is the place to showcase your Excel modeling skills off to the world. Through two stages of the 2025 season, Michael Jarman leads all competitors with a perfect score of 2,000 points. Jarman is also the +125 favorite to repeat as champion this season.
Jarman has carried the momentum from his championship season last year into 2025. It is a long season, though, and Jarman has a lot of work to do to repeat as champion.
Despite coming up short last season, I think Andrew Ngai is the better bet to win the 2025 FMWC. Ngai bounced back in Stage 2 after a rough start and has plenty of motivation after losing in the finals last season.
Ngai is also a three-time champion, the most of anyone in the short history of the competition. His championship pedigree and the excellent odds are why Ngai is my 2025 Financial Modeling World Cup prediction.
Where to Bet on the 2025 Financial Modeling World Cup?
BetUS is a secure sports betting site with odds on dozens of competitions and is The Sports Geek’s go-to site for Financial Modeling World Cup betting. It offers competitive odds on more than a dozen top participants in the 2025 FMWC.
There are exciting and rewarding bonus promotions available at BetUS, too. For instance, new members who use the code JOIN200 during their first deposit will get a 150% sports deposit match worth up to $1,500. This welcome offer includes a 50% casino bonus worth up to $1,250 as well.
Welcome Bonus
200% up to $2,750
- Three decades of experience
- Big welcome bonus worth up to $2,625
- Thousands of sports betting options
