Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Prediction Today) Pick polygram.ink (preferred broker) |
4% | 96% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
4% | 96% | 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 | 4% |
| July 31 | 2% |
Market context
Iran has launched lethal drone and missile strikes on Kuwait, hitting the international airport and causing one fatality alongside 63 injuries, marking a sharp escalation in the 2026 Gulf war that has already collapsed the June ceasefire [1][3]. These attacks target US military sites within Kuwait but do not constitute an invasion, as Iranian forces have not entered the country to establish territorial control, keeping the market’s 2% YES probability grounded in the distinction between aerial bombardment and ground occupation [2][8].
Historically, Iranian military operations in the region have remained limited to strikes on US bases and shipping lanes rather than territorial incursions, with no precedent for Iran deploying ground troops to occupy Kuwaiti soil [4][10]. Comparable cases from the ongoing conflict show Iran retaliating against US presence through missiles and drones while avoiding the 48-hour ground presence required for this market to resolve YES, suggesting the current low probability reflects a consistent pattern of asymmetric retaliation over conventional invasion [1][12].
Traders should monitor President Trump’s statements on the truce, as he has declared the June agreement “over” following recent Iranian attacks, potentially triggering further US strikes that could alter escalation dynamics [12]. Key catalysts include announcements from Iran’s Foreign Ministry on whether negotiations are suspended entirely, US Central Command strike schedules near the Strait of Hormuz, and any reports of Iranian ground troop movements, which remain absent despite the airport damage [1][5]. The settlement window closes in August 2026, leaving ample time for diplomatic shifts or military escalations to change the outlook [1].
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Prediction Today, which mirrors the Polymarket order book directly.
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
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Prediction Today. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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.
- 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 Prediction Today trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
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