Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Best Prediction Markets) Pick polygram.ink (preferred broker) |
50% | 50% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
50% | 50% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| A | 50% |
| B | 50% |
| C | 50% |
| D | 50% |
| E | 50% |
| Other | 50% |
| BLG | 32% |
| HLE | 26% |
| T1 | 13% |
| GEN | 12% |
| KC | 10% |
| WE | 10% |
| DK | 6% |
| DCG | 6% |
| TLAW | 5% |
| LYON | 3% |
| NIP | 3% |
| G2 | 1% |
| TES | 1% |
| JDG | 1% |
| AL | 0% |
| KT | 0% |
| FLY | 0% |
| WBG | 0% |
| TSW | 0% |
| CFO | 0% |
| C9 | 0% |
| MKOI | 0% |
| IG | 0% |
| GAM | 0% |
| BFX | 0% |
Market context
The market is about which team finishes **first in Riot’s Global Power Rankings after Worlds 2026**, and the current crowd price of **26% YES** implies traders do not see the leader as a clear favourite. Polymarket’s live board has **Hanwha Life Esports at 29%**, with **Bilibili Gaming 26%**, **Gen.G 22%** and **T1 20%**, so the contract is pricing a fairly even four-team race rather than a dominant front-runner.[4]
Recent GPR snapshots point the same way: the official rankings site shows the system updating through the season, while a current third-party mirror places **HLE first**, **BLG second**, **GEN third** and **T1 fourth**, with only modest Elo gaps between the top three.[1][3][5] That is consistent with prior GPR cycles, where Worlds results have tended to swing the table sharply and late-season international form has mattered more than regular-season record, so a 26% market price looks in line with a volatile, end-of-year ranking rather than a settled hierarchy.[2][8]
For traders, the main catalysts are **Worlds 2026 results**, the timing of the **final official GPR publication**, and any Riot clarification on how the post-Worlds update weights playoff games, since that methodology drives the settlement outcome.[2][8] The market also has a built-in edge case: if teams finish tied on points, the alphabetic tiebreak in the contract matters, so a narrow leaderboard could still settle differently from a pure strength ranking.[4]
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
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- 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.
- 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Best Prediction Markets 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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