Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi vs Polymarket) Pick polygram.ink (preferred broker) |
40% | 60% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
40% | 60% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↓ 62,000 | 40% |
| ↑ 66,000 | 36% |
| ↓ 60,000 | 9% |
| ↑ 68,000 | 8% |
| ↓ 58,000 | 3% |
| ↑ 70,000 | 2% |
| ↑ 74,000 | 1% |
| ↑ 72,000 | 1% |
| ↓ 56,000 | 1% |
| ↓ 54,000 | 1% |
| ↑ 78,000 | 0% |
| ↑ 76,000 | 0% |
| ↓ 52,000 | 0% |
| ↓ 50,000 | 0% |
Market context
Bitcoin is trading around the low- to mid-$60,000s, and the contract is effectively a range bet on whether the market prints **$62,000** or **$66,000** first during 10-16 August. On Polymarket, the current crowd split is tightly clustered at **39% for “↓ 62,000”** and **37% for “↑ 66,000”**, while Robinhood’s related BTC price market shows an even stronger lean to the higher threshold at **99¢** for **$55,100 or above**, which is a different contract but still points to broad expectations of BTC staying well above the lower strike.[15][18]
Historically, Bitcoin’s short-dated pricing in August has often been treated as a volatility band rather than a clean breakout call, with several recent forecasters clustering around a **$59,000-$67,000** range and others putting the weekly zone nearer **$60,000-$65,500**.[12][16] That lines up with the current market structure: the crowd is not pricing a decisive move far beyond either threshold, but instead a relatively balanced probability around nearby levels, which is also consistent with analyst-style technical work that sees support around **$60,000-$61,000** and resistance around **$65,000-$66,000**.[7][13]
The main catalysts are macro and regulatory rather than crypto-native: traders are watching the **August 12 inflation read** for any shift in September rate expectations, alongside ETF flow data and any fresh US policy headlines that could alter risk appetite.[11][16] Recent commentary has tied August Bitcoin direction to the inflation print and the resulting repricing of the Fed path, with one forecast explicitly arguing that a cooler report could reopen the **$68,000-$70,000** area, while hotter data would favour a retreat into the low **$60,000s**.[11]
Methodology
We track What price will Bitcoin hit August 10-16? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
Resolution & payout
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Kalshi vs Polymarket trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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