Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via BTC Prediction) Pick polygram.ink (preferred broker) |
33% | 67% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open live market → |
Polymarket (direct) polymarket.com |
33% | 67% | 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 |
|---|---|
| Los Angeles Dodgers | 33% |
| New York Yankees | 12% |
| Milwaukee Brewers | 10% |
| Atlanta Braves | 7% |
| Tampa Bay Rays | 6% |
| Philadelphia Phillies | 6% |
| Seattle Mariners | 5% |
| Boston Red Sox | 4% |
| Chicago Cubs | 4% |
| Cleveland Guardians | 2% |
| Chicago White Sox | 2% |
| Texas Rangers | 2% |
| Toronto Blue Jays | 1% |
| Baltimore Orioles | 1% |
| Detroit Tigers | 1% |
| Houston Astros | 1% |
| Los Angeles Angels | 1% |
| Pittsburgh Pirates | 1% |
| Arizona Diamondbacks | 1% |
| Colorado Rockies | 1% |
| Minnesota Twins | 0% |
| Kansas City Royals | 0% |
| Athletics | 0% |
| New York Mets | 0% |
| Miami Marlins | 0% |
| Washington Nationals | 0% |
| St. Louis Cardinals | 0% |
| Cincinnati Reds | 0% |
| San Diego Padres | 0% |
| San Francisco Giants | 0% |
| Other | 0% |
Market context
The 2026 World Series will be decided by October, and this contract settles in USDC on the team that wins the title, so the live price is mainly a read on who can still survive the playoff path rather than who has the best regular-season record. At 12% YES, the market is pricing a contender with a meaningful but not dominant shot, which is broadly consistent with the second tier in sportsbook and event-market pricing: Kalshi shows the Yankees at 12%, while Polymarket also has them near that level, well behind the Dodgers but ahead of the rest of the field.[20][14]
That sort of mid-teens probability is usually where a strong club sits once the market has moved past the pure preseason-longshot phase but before bracket risk becomes fully visible. In futures boards from major sportsbooks, the Dodgers have been the clear favourite for much of the season, with the Yankees typically grouped next in the market, and recent snapshots from FanDuel, DraftKings and CBS Sports all placed them inside the top two or three contenders.[6][3][8] The gap matters because a 12% contract often reflects a team that can win the market only if it reaches October in good health and avoids an early series upset.
Traders will watch injury reports, trade-deadline roster moves, and the final seeding race, because those change both qualification odds and matchup quality before the on-chain market can fully reprice. MLB’s official schedule and postseason format determine when the path becomes mathematically fixed, while any absence of a declared winner by the settlement deadline would push the contract to “Other” under the rules.[1] On the crypto side, the position will still be marked through USDC, so wider BTC and ETH risk appetite may affect liquidity and spreads, but the contract’s fundamental driver remains baseball-specific rather than macro.[20]
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.
- 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.
- 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.
- Are crypto prediction markets taxable in the US?
- In the US, prediction market gains are typically treated as ordinary income or short-term capital gains depending on holding period. Consult a tax professional for your specific situation — we cannot provide tax advice.
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