Paper Rex leads the implied probabilities for Valorant Masters London 2026 at 45.5% due to their status as VCT Pacific Stage 1 champions, deep international experience, and recent playoff dominance, including a 2-0 upper-bracket sweep of Leviatán. Team Vitality sits at 18% on the back of consistent EMEA results and strong group-stage showings that have kept them in playoff contention. XLG Esports and G2 Esports hover near 10% each, with XLG’s 2-1 upset over G2 on June 13 providing momentum for the Chinese side while highlighting G2’s vulnerability despite their Americas title. EDward Gaming remains a factor at 8% based on regional pedigree, though recent results have tempered expectations relative to the top seeds. Lower-probability teams like Leviatán and FUT Esports reflect limited recent form against the field’s depth.