Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via BTC Prediction) Pick polygram.ink (preferred broker) |
15% | 85% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open live market → |
Polymarket (direct) polymarket.com |
15% | 85% | 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 |
|---|---|
| Rayo Vallecano de Madrid 1 - 1 Deportivo Alavés | 15% |
| Rayo Vallecano de Madrid 1 - 0 Deportivo Alavés | 13% |
| Rayo Vallecano de Madrid 0 - 0 Deportivo Alavés | 11% |
| Rayo Vallecano de Madrid 0 - 1 Deportivo Alavés | 10% |
| Rayo Vallecano de Madrid 2 - 1 Deportivo Alavés | 9% |
| Rayo Vallecano de Madrid 2 - 0 Deportivo Alavés | 8% |
| Rayo Vallecano de Madrid 1 - 2 Deportivo Alavés | 8% |
| Rayo Vallecano de Madrid 0 - 2 Deportivo Alavés | 5% |
| Rayo Vallecano de Madrid 2 - 2 Deportivo Alavés | 5% |
| Any Other Score | 5% |
| Rayo Vallecano de Madrid 3 - 0 Deportivo Alavés | 3% |
| Rayo Vallecano de Madrid 3 - 1 Deportivo Alavés | 3% |
| Rayo Vallecano de Madrid 0 - 3 Deportivo Alavés | 2% |
| Rayo Vallecano de Madrid 1 - 3 Deportivo Alavés | 2% |
| Rayo Vallecano de Madrid 2 - 3 Deportivo Alavés | 2% |
| Rayo Vallecano de Madrid 3 - 2 Deportivo Alavés | 2% |
| Rayo Vallecano de Madrid 3 - 3 Deportivo Alavés | 1% |
Market context
Rayo Vallecano face Deportivo Alavés in a La Liga fixture on 20 August 2026, with settlement contingent on the exact final score after 90 minutes plus stoppage time. The 11% crowd-implied probability reflects the low likelihood of any single scoreline materialising in a two-team matchup where dozens of outcomes are possible. This market structure—where YES resolves only to one precise result and all other scores funnel into "Any Other Score"—creates a natural ceiling on individual outcome probabilities, even for the most probable scorelines.
Historical La Liga opening-weekend matches between mid-table sides show typical scorelines cluster around 1–1, 1–0, and 2–1 results. Rayo Vallecano's recent seasons have featured modest goal output, whilst Alavés has maintained defensive solidity. Early-season fixtures often carry higher variance due to incomplete squad integration and fixture congestion across European competitions, which may widen the distribution of possible scores beyond typical mid-season patterns. Comparable exact-score markets on btc-prediction.bet for opening-round La Liga encounters have historically seen winning probabilities range from 8–16% for the most common outcomes.
Traders should monitor squad announcements and injury bulletins through mid-August, particularly regarding key attacking or defensive personnel. Weather conditions on match day and any late tactical shifts disclosed in pre-match press conferences can shift expected goal distributions. Settlement occurs at 19:00 UTC on 20 August, with USDC payouts finalised against official La Liga records. Fixture postponements would extend the market window; current scheduling shows no conflicts flagged by the league.
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.
UK Frequently Asked Questions
- 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.
- 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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