Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Alternative) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Go to the live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Go to the live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Go to the live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Go to the live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↑ 65,000 | 100% |
| ↑ 66,000 | 26% |
| ↓ 64,000 | 10% |
| ↑ 67,000 | 2% |
| ↑ 68,000 | 1% |
| ↓ 63,000 | 1% |
| ↑ 72,000 | 0% |
| ↑ 71,000 | 0% |
| ↑ 70,000 | 0% |
| ↑ 69,000 | 0% |
| ↓ 62,000 | 0% |
| ↓ 61,000 | 0% |
| ↓ 60,000 | 0% |
| ↓ 59,000 | 0% |
| ↓ 58,000 | 0% |
| ↓ 57,000 | 0% |
Market context
Bitcoin’s August 10 print is trading against a market that is still pricing a sub-68,000 outcome even though several forecast sites cluster around the mid-60,000s. Polymarket’s current book shows 64,000-66,000 as the dominant band at 88%, with 66,000-68,000 next at 9%, which is a useful reminder that its quoted probabilities are outcome-based rather than a single-point price forecast.[7] By contrast, Robinhood’s listed contract for the same day’s 2am EDT snapshot shows $55,100 or above at 99¢, while platforms such as Betfair or Smarkets would typically be read through decimal odds and commission rather than direct implied-probability tiles; that makes cross-book comparison imperfect unless you normalise for fees and contract structure.[2]
Comparable August 2026 forecasts mostly sit near the current spot zone, with CoinCodex at about $65,614, MEXC at $65,266.77, CoinGecko’s prediction-market page pointing to a 57.5% chance of $67,500 by August, and LongForecast implying an August close around $65,939.[3][4][9][11][17] That clustering matters because the current 0% YES indication on this market suggests the listed threshold is outside the range traders are assigning any meaningful odds to, rather than a broad bearish call on Bitcoin itself.[1]
The main catalysts are macro and flow-driven: the August 12 US inflation release is a key near-term check on whether traders reprice the September Fed path, while ETF inflows and any risk-off move in equities can still move Bitcoin enough to flip tight threshold markets.[12][14] For a platform comparison, Kalshi-style event contracts usually emphasise clearer cash-settlement mechanics, whereas Betfair and Smarkets can be more liquid for active traders but bring exchange commission and KYC access differences that affect effective price; Polymarket’s odds display is simpler, but the practical cost depends on spread and exit liquidity rather than the headline number alone.[2][7]
Methodology
We read What price will Bitcoin hit on August 10? from four platform perspectives: Polymarket (on-chain CLOB), Kalshi (CFTC-regulated exchange), Betfair Exchange (sports book exchange), Smarkets (peer-to-peer betting exchange). Polymarket's live mid is the canonical probability; the side-by-side columns benchmark fees, KYC, settlement currency and deposit rails so you can choose the venue that fits your jurisdiction and trade size.
Resolution & payout
Polymarket settles via UMA Optimistic Oracle on Polygon. A proposer posts the outcome with a bond, the two-hour window runs, then the smart contract pays USDC.
Kalshi settles USD through the CFTC-regulated clearinghouse — the cleanest variant, with heavier KYC. Betfair Exchange settles in account currency (GBP/EUR), net of 2-5% commission. Smarkets follows the same model as Betfair with a lower default 2% commission.
FAQ
- What does Polymarket cost vs Kalshi?
- Polymarket: 0% fees, only Polygon network costs (~$0.01/trade). Kalshi: up to 7% per trade plus spread. For high-frequency traders, Polymarket is dramatically cheaper.
- Which platform has the deepest liquidity?
- Polymarket — by a wide margin. Top markets reach $50-500M volume, Kalshi ~$200M cumulative, Betfair similar. Deeper liquidity means your trade moves the quote less.
- Is Betfair a Polymarket alternative?
- Only partially. Betfair Exchange is UK-focused with a sports-betting emphasis; they have politics markets but with thinner liquidity than Polymarket. Settlement in GBP/EUR, 2-5% commission on winnings.
- What about Smarkets as an alternative?
- Smarkets is a UK betting exchange with a lower default commission (2%) than Betfair. Liquidity on political markets is below Polymarket, comparable to Kalshi. Geo-blocked in many jurisdictions.
- Which platform is accessible globally?
- Polymarket is geo-blocked in the US/UK/EU. Kalshi is US-only. Betfair and Smarkets are UK-restricted. Kalshi Alternative has a different geo footprint and routes to Polymarket's order book at 0% fees.
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