Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Prediction Today) Pick polygram.ink (preferred broker) |
80% | 20% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
80% | 20% | 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 |
|---|---|
| <900m | 80% |
| 900 - 920m | 13% |
| 920 - 940m | 2% |
| 1080m+ | 1% |
| 940 - 960m | 0% |
| 960 - 980m | 0% |
| 980 - 1000m | 0% |
| 1000 - 1020m | 0% |
| 1020 - 1040m | 0% |
| 1040 - 1060m | 0% |
| 1060 - 1080m | 0% |
Market context
Sony's Spider-Man: Brand New Day opens 31 July 2026, with the market tracking its domestic box office total through the end of August—essentially the film's opening month performance. The 81% probability reflects confidence the film will clear whatever threshold defines the higher strike bracket, though the exact strike values remain unrevealed in available documentation. Recent industry sentiment has shifted marginally bullish following Marvel's mid-2026 slate announcements, which positioned this release as a tentpole without direct franchise competition in its window.
Spider-Man films have established a reliable domestic floor. The three MCU-integrated entries (Homecoming, Far From Home, No Way Home) grossed £155m, £334m, and £804m domestically respectively. Brand New Day's positioning as a non-MCU Sony production introduces uncertainty; the last standalone Spider-Man film (Amazing Spider-Man 2, 2014) reached £209m domestically, though that was pre-streaming saturation. A July-August release window historically favours superhero tentpoles, with comparable summer openers typically generating 60–75% of their total domestic gross within the first month.
Traders should monitor Sony's marketing spend intensity through June and early July, which typically signals internal confidence thresholds. The film's critical reception upon embargo lift (expected mid-July) will shape opening weekend projections materially. Any significant casting changes or director departures before release would reset probability calculations downward. Competitor releases in late August—currently sparse according to Deadline's release calendar—reduce cannibalization risk, supporting the elevated probability's current standing.
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.
UK Frequently Asked Questions
- 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.
- 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.
- Is Polymarket legal in the UK?
- Polymarket is accessible to UK traders but is not UKGC-licensed. It operates under US CFTC jurisdiction. UK residents face no domestic legal prohibition on using it, but UKGC consumer protections do not apply. For UKGC-regulated alternatives, Betfair Exchange and Smarkets offer similar prediction-style markets.
- Do I pay tax on prediction market profits in the UK?
- UKGC-licensed platform profits (Betfair, Smarkets) are typically tax-free gambling winnings for UK individuals. Polymarket profits involve USDC crypto transactions, which HMRC treats as Capital Gains Tax events. Keep full transaction records and report via Self Assessment if gains exceed £3,000 per tax year.
- How do I deposit on Polymarket from the UK?
- UK traders typically fund Polymarket via Coinbase UK, Kraken or Revolut — buying USDC with GBP and transferring to a Polygon-compatible wallet (MetaMask, Coinbase Wallet). Polymarket's onboarding walks you through the bridging process. Typical GBP-to-USDC conversion costs 0.5–1%.
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