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Markets

Biathlon World Cup 2026-27: How Shooting Penalties Shape the Markets

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Twenty targets, four shooting bouts and a 150-metre penalty loop for every miss. Few sports swing as sharply on a single moment as biathlon, where one wobble on the standing range can drop a leader from first to fifteenth. The 2026-27 World Cup opens in Kontiolahti, Finland, on November 24 and closes in Oslo's Holmenkollen on March 21, with World Championships in Otepää, Estonia, in February. France's Éric Perrot and Lou Jeanmonnot start the winter as overall champions. Shooting decides much of the pricing, from race winners to markets built entirely around misses. Formats and Their Penalties Each race format combines skiing and shooting in its own way, and the penalty for a miss changes with it.

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