Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Mundial 2026 Grupos) Pick polygram.ink (preferred broker) |
73% | 27% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
73% | 27% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| August 31 | 73% |
| August 15 | 61% |
Market context
The underlying event is whether the United States and Iran announce a formal diplomatic agreement over traffic in the Strait of Hormuz before the market deadline. The current 59% implied chance sits above a pure coin-flip because there is already a live negotiating track, but the market still depends on a clearly worded official deal rather than vague signalling or temporary de-escalation. [4][9][20]
Recent history gives traders a useful base case: a memorandum of understanding was already signed in June and was described as reopening the strait and easing some U.S. maritime pressure, but multiple reports have stressed that it was an initial framework, not a final peace settlement. Reuters later reported that talks in Doha produced no clear progress towards a lasting deal, while fresh reporting on 4 August showed conflicting U.S. and Iranian statements and new attacks on shipping, which underlines how fragile any price-in of completion remains. [10][18][3][4]
The main catalysts are official statements from Washington and Tehran, plus any mediator-led update from Oman or Qatar. Reuters reported on 4 August that President Trump said talks were under way and warned of a “last chance” for Tehran, while Iran denied that negotiations were being held or scheduled; at the same time, Iranian officials told media that talks with Oman over Hormuz were in their final stages, which keeps the market live but dependent on whether those discussions become an announced bilateral instrument. The U.S. Treasury’s sanction waiver through 21 August and the earlier resumption of some shipping also matter, because they can signal implementation steps without necessarily satisfying the market’s requirement for a new diplomatic agreement. [4][1][9]
Methodology
Football-specific comparison page for Pronóstico: US-Iran Hormuz Agreement by 2026?. Polymarket's live quote (Polygon order book) plus platform attributes for the three reference venues. Sports markets reward liquidity — Polymarket and Betfair are materially deeper than Kalshi (US-focused) or Manifold (play-money).
Resolution & payout
Sports markets typically settle on official final-whistle plus league confirmation. Polymarket uses UMA Optimistic Oracle with a source URL per contract — usually official league data feeds or ESPN/Soccerway. Two-hour dispute window, then smart-contract payout in USDC.
FAQ
- Can I bet on individual matches?
- Yes, Polymarket lists every major Premier League / Champions League / World Cup match as its own market. Liquidity varies — top matches like El Clásico or a semi-final often have six-figure pools, lower-league games closer to three-figure.
- What are live sports odds on Polymarket?
- Some top-tier matches stay open during play — you can trade the half-time probability in the 70th minute. Polymarket mid-prices update second-by-second; any frontend mirroring the order book shows the same movement.
- How fast do sports winnings settle?
- Once the official league outcome is logged in the UMA Oracle (typically 1-2 hours after the final whistle), Polymarket's smart contract triggers USDC payout. To your wallet within minutes.
- What's the difference between match odds and outright odds?
- Match odds cover a single game ("Bayern beats BVB"). Outright odds are long-term aggregates ("Bayern wins the league"). Outright markets have deeper liquidity; match markets have faster resolution.
- Can I import form data and lineups?
- This page shows the live Polymarket quote as an implied probability. Form data and lineups must be researched separately via sports data providers (e.g. Soccerway, ESPN, FBref) — we surface the market probability, not the sport analysis.
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