Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via BTC Prediction) Pick polygram.ink (preferred broker) |
61% | 39% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open live market → |
Polymarket (direct) polymarket.com |
61% | 39% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Any Player Ultra Kill | 61% |
| Any Player Rampage | 56% |
| Any Player Ultra Kill | 55% |
| Any Player Rampage | 54% |
| Game 2 Winner | 52% |
| O/U 2.5 Games | 51% |
| Ends in Daytime | 51% |
| Any Player Rampage | 51% |
| Game 1 Winner | 50% |
| Match Winner | 50% |
| Ends in Daytime | 50% |
| Both Teams Destroy Barracks | 50% |
| Both Teams Beat Roshan | 49% |
| Both Teams Beat Roshan | 49% |
| Both Teams Destroy Barracks | 49% |
| Both Teams Destroy Barracks | 48% |
| Any Player Ultra Kill | 48% |
| Ends in Daytime | 48% |
| Both Teams Beat Roshan | 47% |
| Game Handicap: ICxI (-1.5) vs Team Jenz (+1.5) | 45% |
Market context
Team Jenz played Inner Circle in a best-of-three Dota 2 match in the EPL Masters Play-In Group A, with the market set to settle on the official winner if the series is completed and to revert to 50-50 only if the match is not played, ends in a tie, or is left without a winner beyond the contract’s delay window.[1] At a 50% crowd-implied price, the market is effectively treating this as a coin flip, which is typical for lower-profile group-stage esports pairings where public information is thin and pre-match edges are usually modest rather than structural.
For traders, the key read-through is settlement risk rather than complex fundamentals. The contract resolves on the series result, including outcomes decided by forfeit, disqualification, walkover, or default if the match is completed, so late schedule changes or administrative rulings matter as much as in-game form.[1] In crypto terms, the exposure is USDC-settled and largely event-specific, but broader market conditions can still influence participation and pricing: sharp moves in BTC or ETH, or changes in funding and liquidity, often affect how aggressively prediction-market capital rotates into smaller esports contracts when the feed is quiet. The main catalysts are therefore match confirmation, any bracket or start-time adjustments, and signs that one side has been given a default path through the series.[1]
Sources: 1
Methodology
Methodologically this overview focuses on on-chain pricing: Polymarket's live mid comes from the Polygon conditional-token order book and settles automatically in USDC. The other three venues — Kalshi, Betfair, Manifold — sit alongside as off-chain reference points so you can see how the contract translates across regulatory and settlement regimes.
Resolution & payout
Settlement is on-chain via UMA Optimistic Oracle. A proposer posts the outcome with a bond, a two-hour dispute window opens, then the smart contract lifts winning conditional tokens to 1 USDC and sends payments to holders' wallets automatically. No withdrawal fees beyond Polygon gas.
Off-chain venues (Kalshi, Betfair, Smarkets) settle in local fiat through bank-side clearing — faster than SWIFT, slower than on-chain. Manifold pays no real cash.
FAQ
- Why USDC and not ETH or USDT?
- USDC is the Polygon standard — audited reserves (Circle, monthly attestation), deepest order book, low gas costs. ETH volatility would distort probability quotes; USDT has thinner Polygon liquidity than USDC.
- What does a transaction cost on Polygon?
- Polygon gas is typically under $0.01 per transaction. A full trade cycle (Approve + Order + Fill) totals around $0.03 — compared to $5-50 on Ethereum mainnet.
- How does UMA secure the resolution?
- The UMA Optimistic Oracle uses a bond system: a proposer posts a bond, a two-hour challenge window opens. On dispute the losing side forfeits the bond — financial incentive for honest resolution.
- How volatile are crypto prediction markets?
- Crypto markets react to spot prices — a 5% BTC move typically shifts a "BTC above X by date" market 10-20%. Polymarket crypto market liquidity is usually six-figure USD, sufficient for active trading.
- Which crypto markets exist on Polymarket?
- Currently active markets include BTC/ETH/SOL price targets, halving dates, ETF approvals, hard-fork outcomes and Layer-2 TVL thresholds. The list updates weekly; biggest volume sits on BTC and ETH price forecasts.
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