Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Alternative) Pick polygram.ink (preferred broker) |
76% | 24% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
76% | 24% | 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 |
|---|---|
| France | 76% |
| Argentina | 63% |
| Spain | 43% |
| Brazil | 35% |
| England | 33% |
| Portugal | 22% |
| Colombia | 22% |
| Mexico | 21% |
| Morocco | 20% |
| USA | 18% |
| Norway | 18% |
| Belgium | 14% |
| Switzerland | 9% |
| Egypt | 5% |
| Canada | 4% |
| Paraguay | 4% |
| Croatia | 4% |
| Ghana | 3% |
| Australia | 2% |
| Algeria | 2% |
| Cape Verde | 1% |
| Austria | 1% |
| South Korea | 0% |
| South Africa | 0% |
| Czechia | 0% |
| Qatar | 0% |
| Bosnia and Herzegovina | 0% |
| Scotland | 0% |
| Haiti | 0% |
| Turkiye | 0% |
| Germany | 0% |
| Ecuador | 0% |
| Ivory Coast | 0% |
| Curacao | 0% |
| Netherlands | 0% |
| Japan | 0% |
| Tunisia | 0% |
| Sweden | 0% |
| Iran | 0% |
| New Zealand | 0% |
| Uruguay | 0% |
| Saudi Arabia | 0% |
| Senegal | 0% |
| Iraq | 0% |
| Jordan | 0% |
| Uzbekistan | 0% |
| DR Congo | 0% |
| Panama | 0% |
Market context
Based on real-money crowd forecasting, world cup: nation to reach semifinals stands at 76% likelihood according to current market consensus. This market will resolve “Yes” if the listed team reaches the 2026 FIFA World Cup Semifinals. If at any point it becomes impossible for the listed club to advance to the 2026 FIF…
Methodology
We read World Cup: Nation To Reach Semifinals 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
- 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.
- Which platform supports Klarna/SOFORT?
- Directly: none. Polymarket accepts only USDC on Polygon. Kalshi Alternative offers a fiat on-ramp via Klarna or SOFORT (DE/AT/CH) and converts internally to USDC for the Polymarket order book. T+1 processing.
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