Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Qué Es) Pick polygram.ink (preferred broker) |
11% | 89% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
11% | 89% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| December 31 | 11% |
| September 30 | 5% |
| August 31 | 2% |
| July 31 | 0% |
| June 24 | 0% |
| March 31 | 0% |
| April 30 | 0% |
| June 30 | 0% |
| May 31 | 0% |
| April 15 | 0% |
Market context
Polymarket prices this contract at **0% YES**, which is consistent with the fact that Kharg Island is still treated in public reporting as Iran’s main oil-export hub and a heavily defended military-economic asset. The market resolves only if Iran **no longer exercises primary governmental or military control** and a different authority takes over; short-lived strikes, raids, or damage do not count, so the bar is much higher than disruption alone.[13][15]
That is why the historical frame matters: Kharg has been central to Iran’s energy system for decades, handling roughly **90% of crude exports** in most recent estimates, with deep-water terminals built to load supertankers that cannot use much of Iran’s shallower coastline.[1][2][3] Comparable cases in markets like this usually require an overt territorial transfer, not mere wartime pressure, and there is no widely reported precedent of Iran ceding Kharg through a brief military action or isolated strike.[1][4][17]
For traders holding USDC on Polygon, the live question is whether any announcement or battlefield development creates an actual change in control before the settlement deadline, not just a temporary outage in tanker traffic. The most relevant catalysts are formal claims of occupation or administration, evidence of a sustained landing force, and any credible shift in control of ports, air defences, or local governance; Reuters reported on 14 March that U.S. forces destroyed military targets on Kharg, but that still falls short of the market’s control standard.[13]
Methodology
This page reviews Pronóstico: Kharg Island no longer under Iranian control by 2026? across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to Polymarket Qué Es, which mirrors the Polymarket order book at 0% fees.
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.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Polymarket Qué Es. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Polymarket Qué Es trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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