Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Prediction Today) Pick polygram.ink (preferred broker) |
30% | 70% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
30% | 70% | 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 → |
Market context
Tensions have shifted from the threat of airstrikes to a diplomatic pause, with President Trump announcing a two-week window for negotiations before deciding on further military involvement, a move that has temporarily dampened immediate invasion odds [2]. Despite this recalibration, the US maintains its full military posture in the Middle East, refusing to soften its stance even after a peace agreement was electronically signed between Washington and Tehran [6]. The current 26% probability reflects this uncertainty: while the immediate trigger for a ground offensive has been delayed, the underlying strategic pressure remains intact, with significant carrier groups and stealth assets still deployed near Iranian borders [10].
Historically, the US has favoured precision strikes over territorial occupation in this region, as seen in Operation Midnight Hammer during the 2025 Twelve-Day War, which targeted nuclear sites without establishing de facto control over Iranian soil [11]. That campaign, involving bunker-buster bombs on Fordow and Natanz, was explicitly framed as a precision operation against nuclear capabilities rather than a regime-change invasion aimed at seizing territory [4]. This precedent suggests that even if the US escalates again, the market’s definition of "commencing a military offensive intended to establish control" faces a high evidentiary bar, as previous actions were limited to dismantling infrastructure rather than occupying land [1].
Traders should monitor the expiration of Trump’s two-week diplomatic deadline and any subsequent White House statements regarding the resumption of hostilities [2]. Key catalysts include announcements on the status of Iran’s frozen assets and the delivery of enriched uranium, which remain preconditions for any deal [1]. Additionally, watch for movements of the USS Gerald R. Ford and Abraham Lincoln strike groups; analysts note that such sustained deployments typically signal an impending attack, potentially coordinated with Israel, though the objective may remain decapitation rather than territorial conquest [10][12].
Methodology
This page reviews Will the U.S. invade Iran before 2027? across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to Prediction Today, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- 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 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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