Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via BTC Prediction) Pick polygram.ink (preferred broker) |
26% | 74% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open live market → |
Polymarket (direct) polymarket.com |
26% | 74% | 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 Other Score | 26% |
| Paraguay 0 - 2 France | 17% |
| Paraguay 0 - 1 France | 14% |
| Paraguay 0 - 3 France | 13% |
| Paraguay 1 - 2 France | 9% |
| Paraguay 1 - 3 France | 8% |
| Paraguay 1 - 1 France | 6% |
| Paraguay 0 - 0 France | 5% |
| Paraguay 1 - 0 France | 2% |
| Paraguay 2 - 2 France | 2% |
| Paraguay 2 - 3 France | 2% |
| Paraguay 2 - 1 France | 1% |
| Paraguay 2 - 0 France | 0% |
| Paraguay 3 - 0 France | 0% |
| Paraguay 3 - 1 France | 0% |
| Paraguay 3 - 2 France | 0% |
| Paraguay 3 - 3 France | 0% |
Market context
Paraguay will face France in the 2026 FIFA World Cup Round of 16 on 4 July 2026 at 17:00 EST in Philadelphia, with the market resolving on the exact score after 90 minutes of regulation. The current crowd-implied probability of 5% for the listed outcome reflects a stark mismatch, as France holds a -550 favourite status to win, while Paraguay has never beaten France in their history[1][7]. Historical precedents in World Cup knockouts involving heavy favourites and defensive mid-tier nations often produce low-scoring, one-sided results, such as France’s 3-0 victory over Switzerland in 2014 or Germany’s 4-0 win over Brazil in 2014, where the underdog failed to score despite tight defence[1]. These cases suggest that a 5% probability for a specific exact score is plausible only if the match ends in a narrow, predictable outcome like 0-1 or 0-2, rather than a high-scoring shock.
Traders should monitor pre-match squad announcements for France, particularly whether Kylian Mbappé and Olivier Giroud are confirmed starters, as their absence could shift the scoring dynamics significantly[5]. Additionally, watch for late funding rate movements on BTC/ETH futures, as whale flows into crypto derivatives often correlate with risk-on sentiment that may inflate probabilities for underdog outcomes in sports markets[2]. The settlement window closes at 21:00 UTC on 4 July, with USDC settlement on-chain, tying the contract’s resolution to real-time macro volatility in the BTC/ETH pair. Any delay in the match due to weather or logistical issues will keep the market open until completion, per on-chain mechanics, ensuring no premature closure before the final score is confirmed[6].
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
- What are crypto prediction markets?
- Crypto prediction markets are on-chain smart contracts where you buy YES or NO shares on a future crypto event (e.g. "BTC above $100k by year-end"). The market price between 0¢ and 100¢ is the implied probability.
- 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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