Masters London 2026 Final Four: Who Is the Favorite to Lift the Trophy?

The Masters London field has been cut to four, and the Copper Box Arena finally has a clear shape heading into the closing weekend. Paper Rex and EDward Gaming sit in the upper bracket. Team Vitality and Leviatán are grinding up the lower side. One of these four lifts the trophy on June 21.

So who actually walks away with it? Here is how the final four got here, and who the favorite really is.

How was the Masters London 2026 final four decided?

The lower bracket did the trimming on June 16. Both series finished 2-0, and both knocked out a team plenty of people fancied:

• Leviatán swept Xi Lai Gaming. They took Haven 13-7 and Lotus 13-3 to end XLG’s giant-killing run and reach the top four.
• Vitality ended FUT. An all-EMEA Lower Round 2 went Vitality’s way 2-0, sending FUT home and keeping the region’s hopes alive.

That leaves four teams standing. Paper Rex and EDward Gaming reached the upper final without a detour. Vitality and Leviatán are climbing the hard way.

Who is the favorite at Masters London 2026?

Paper Rex, and it is not especially close. PRX walked into London as the tournament favorite, with the shortest odds in the field to win it all. They have backed it up by reaching the upper final without dropping a series.

There is an edge to their run, too. Paper Rex lost the Masters Santiago final to Nongshim RedForce earlier this year. A first trophy of 2026 is right there for the taking. Reach the grand final and they need only one more good series to get it.

EDward Gaming are the most realistic threat from the top. They were clean against XLG, ZmjjKK looks dangerous, and the upper final on June 19 puts them one win from the grand final. The bookmakers still lean PRX in that matchup. EDG have the firepower to flip it anyway.

Can a lower-bracket team really win it?

Vitality think so, and plenty of bracket-pickers agree. The popular call has them as the classic lower-bracket champion. Lose once early, fix the cracks, then peak at the end. They already have the run going.

The catch is the route, and it is brutal. To win from here, Vitality have to beat Leviatán, then the loser of the upper final, then take the grand final itself. That is a stack of best-of-threes and fives back to back. It can be done. It is just exhausting.

Leviatán are the underdog of the four. They have refused to die, taking out Team Heretics and then XLG on the lower side. Nobody is picking them to win the event. That is exactly the pressure-free spot that has carried teams further than expected before.

What does the rest of the Masters London 2026 bracket look like?

Stage	Matchup	Date
Upper Final	EDward Gaming vs Paper Rex	June 19
Lower Round 3	Team Vitality vs Leviatán	June 19
Lower Final	Upper-final loser vs Lower Round 3 winner	June 20
Grand Final	TBD	June 21

What is left to play for?

After two quiet days, the action returns on June 19 with a stacked schedule. A couple of things worth holding onto:

• The money matters. Masters London runs on a 1,000,000 USD pool. The champion takes 350,000 USD and 8 VCT Points on June 21, with 200,000 USD going to the runner-up.
• This is a checkpoint, not the summit. London is the last global stop before Champions in Shanghai later this year. Those VCT Points carry weight well beyond the trophy.

Paper Rex are the team to beat, but a lopsided run through the lower bracket has produced champions before. You can follow every match, result and prize split on our live VCT Masters London 2026 hub. We will keep our coverage current as the closing weekend plays out.