Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| ↑ 65,000 | 100% |
| ↓ 64,000 | 10% |
| ↑ 66,000 | 6% |
| ↑ 68,000 | 1% |
| ↓ 61,000 | 1% |
| ↑ 72,000 | 0% |
| ↑ 71,000 | 0% |
| ↑ 70,000 | 0% |
| ↑ 69,000 | 0% |
| ↑ 67,000 | 0% |
| ↓ 63,000 | 0% |
| ↓ 62,000 | 0% |
| ↓ 60,000 | 0% |
| ↓ 59,000 | 0% |
| ↓ 58,000 | 0% |
| ↓ 57,000 | 0% |
Market context
Bitcoin is being priced for a very specific intraday outcome on 7 August, and the current market is showing **0% YES** despite spot-price commentary elsewhere still clustering around the mid-$60,000s. That disconnect matters: Robinhood’s live event page is quoting BTC price bands around **$64,000 to $64,599.9999** on the morning of 7 August, while several 2026 forecast pieces still place August’s broader trading range mostly between roughly **$60,000 and $70,000**.[3][2][9]
Historically, that kind of range-based consensus has usually meant a binary contract can be more fragile than the headline forecast suggests, because the outcome depends on whether Bitcoin touches the strike at any point, not where it closes. Recent analyst notes also point to a crowded band around **$64,000 to $66,000**, with downside scenarios extending into the low **$60,000s** and upside calls capped near the high **$60,000s** or low **$70,000s**.[1][11][13] On that reading, a zero-priced YES line looks more extreme than the underlying consensus from price-prediction and commentary markets.
The key catalysts are macro data, ETF flow prints, and any policy headlines that shift risk appetite before the settlement window closes. One recent assessment tied August positioning to the **August 12 inflation report**, summer-thinned liquidity, and the possibility of traders repricing September Federal Reserve expectations, while another flagged ETF inflows and the market’s reaction to the proposed **CLARITY Act** timeline as short-term drivers.[9][11] For a cross-platform comparison, the meaningful gap is that sportsbook-style event pricing appears to be implying a very low chance of a touch, whereas analyst consensus still treats the mid-$60,000s as a live trading zone.[3][9][11]
Methodology
We track What price will Bitcoin hit on August 7? across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
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
- 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.
- 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 PolyGram 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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