Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi vs Polymarket) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| ↓ 60,000 | 100% |
| ↓ 59,000 | 100% |
| ↑ 68,000 | 0% |
| ↑ 67,000 | 0% |
| ↑ 66,000 | 0% |
| ↑ 65,000 | 0% |
| ↑ 63,000 | 0% |
| ↑ 62,000 | 0% |
| ↑ 61,000 | 0% |
| ↓ 58,000 | 0% |
| ↓ 57,000 | 0% |
| ↓ 56,000 | 0% |
| ↓ 55,000 | 0% |
| ↓ 54,000 | 0% |
| ↑ 64,000 | 0% |
| ↓ 53,000 | 0% |
Market context
The real-world event determining this contract is the exact price of Bitcoin at the close of trading on 28 June 2026, a date that coincides with the current market settlement window. Today, the asset trades near $60,300, reflecting a sharp correction from its all-time high of $126,198 reached in October 2025, and sits roughly $48,800 below its level from the same time last year[1][7].
Historical volatility frames the current 0% crowd-implied probability for a higher price as a reaction to this mid-year slump, where June 2026 saw prices dip to $17,708 before stabilising near $60,000[7]. While some models project a surge to $444,000 by mid-2026 driven by institutional adoption and shrinking supply, the prevailing technical consensus suggests a more conservative range between $60,674 and $91,945 for the remainder of the year[3][5]. This divergence is stark when compared to sportsbook lines and prediction markets like Robinhood, which currently price the asset in a tight band of $60,200 to $60,599, indicating a market expectation of stability rather than a breakout[2][8].
Traders should monitor upcoming Federal Reserve announcements on interest rates and the scheduled release of US inflation data, as these dependencies directly influence institutional capital flows into crypto. Recent technical analysis from Changelly indicates that the price is unlikely to drop below $60,674 in June, yet the average trading price is forecast to rise to $78,605 by summer’s end, suggesting a potential catalyst for upward movement if macroeconomic conditions improve[3]. The confluence of global M2 money supply growth and continued institutional entry remains the primary driver for any future price explosion, though current data points to a period of consolidation near the $60,000 mark[5].
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
Resolution & payout
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
FAQ
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- 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.
- 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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