Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Qué Es) Pick polygram.ink (preferred broker) |
14% | 86% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
14% | 86% | 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 → |
Market context
The United States has not yet launched a military offensive intended to establish control over any portion of Iran, despite escalating tensions and recent joint strikes with Israel. Current on-chain data on Polymarket prices this conditional token at 14% for a "Yes" resolution before the settlement window closes on 31 December 2026. Traders holding USDC on the Polygon network are effectively betting that the US will not transition from airstrikes and proxy support to a full-scale invasion and occupation of Iranian territory.
Historical precedents frame this low probability, as the US has rarely pursued direct territorial conquest in the Middle East since the 1953 coup that overthrew Iran’s democratically elected prime minister. While President Trump ordered direct strikes in 2025 that claimed to obliterate nuclear installations, and a joint US-Israel operation known as *Operation Epic Fury* began in February 2026, these actions targeted specific military capabilities rather than establishing land de facto control [1][2]. The conflict concluded with a ceasefire in June 2026, mediated by Pakistan and Qatar, suggesting a strategic preference for containment over invasion [2].
A trader should monitor the US defence budget announcements and any shifts in the Pentagon’s strategic guidance regarding the Persian Gulf, as these often signal changes in operational posture. Recent reports indicate that Iran has retaliated with missile strikes against American bases, opening a broader conflict that could alter invasion calculus [3]. Furthermore, the status of the ceasefire agreement and any potential violations by Iranian proxies remain critical dependencies; a breakdown in the current diplomatic framework could serve as a catalyst for more aggressive US measures, though current intelligence does not support an imminent invasion plan [2].
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
FAQ
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- 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's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- How fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- 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.
Trade Pronóstico: Will the U.S. invade Iran before 2027? on Polymarket Qué Es
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