Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
33% | 67% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
33% | 67% | 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 |
|---|---|
| December 31 | 33% |
| September 30 | 14% |
| August 31 | 7% |
| June 30 | 0% |
| June 19 | 0% |
| June 26 | 0% |
| July 31 | 0% |
| July 15 | 0% |
| July 4 | 0% |
| March 13 | 0% |
| March 16 | 0% |
| March 31 | 0% |
| April 30 | 0% |
| May 31 | 0% |
Market context
Mojtaba Khamenei has not been publicly seen since taking over as Iran’s Supreme Leader, so the market is really pricing the chance that a genuine, time-stamped image or video emerges before 30 April 2026. The current crowd-implied probability of **0% YES** looks much lower than the level suggested by recent reporting, which has repeatedly said he remains in Iran but is avoiding public engagements for security reasons rather than because of any formal incapacity.[1][3][12]
That makes this a classic low-frequency visibility trade rather than a straightforward political approval bet. Comparable cases show why the contract can stay dormant for long stretches: Reuters and other outlets have reported that he has relied on written or read-out statements, with no confirmed in-person appearance or captured photograph since his appointment, while some reports have circulated possible memorial-attendance plans that never produced a verified public sighting.[5][9][14][18] On cross-platform comparison, prediction-market pricing at zero appears more bearish than the news-flow consensus, while sportsbook-style odds in similar headline markets usually sit closer to a non-zero “something may happen, but timing is uncertain” assessment; the key point is that analyst coverage has generally treated a future appearance as possible, not impossible.[1][12][16]
The main catalysts traders should watch are official religious or state ceremonies, any Tehran schedule involving memorials or televised meetings, and whether Iranian media releases fresh footage that is clearly current rather than archival.[4][15][18] Reuters’ March report that he is avoiding public engagements “for understandable reasons” matters because it implies the gating factor is security and protocol, not a blanket ban on appearances.[1] A verified live broadcast, a crowd shot, or independent photojournalist footage before the settlement window would matter far more than statements issued in his name, which do not qualify under the market rules.[9][12][18]
Methodology
We track Mojtaba Khamenei public appearance by 2026? 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
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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 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.
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