Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Bot UK) Pick polygram.ink (preferred broker) |
58% | 42% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
58% | 42% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Place a position → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Place a position → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Place a position → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Place a position → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| August 31 | 58% |
| August 15 | 39% |
| July 31 | 15% |
| July 24 | 11% |
| July 14 | 0% |
Market context
The United States has officially reinstated a naval blockade on Iranian ports and coastal areas, effective 20:00 GMT on 14 July 2026, following Donald Trump’s announcement that diplomatic talks collapsed over Iran’s nuclear ambitions [1][2]. The blockade targets all vessels entering or leaving Iranian ports, regardless of flag, and includes provisions for inspecting humanitarian shipments while permitting neutral transit through the Strait of Hormuz to non-Iranian destinations [3][4].
Historically, US naval blockades against Iran have been short-lived, often lifted within months once diplomatic pressure or military objectives shifted, as seen in the 1980s and early 2000s sanctions-era restrictions that were suspended following negotiated agreements [4]. The current 12% crowd-implied probability of an official announcement ending the blockade by August 2026 reflects this precedent, though the escalated context—including Trump’s threat to seize the Strait of Hormuz and impose 20% tariffs—suggests a more entrenched stance than prior episodes [1][8].
Traders should monitor official CENTCOM statements, White House press briefings, and any resumption of diplomatic talks in Islamabad, as these are the primary catalysts for a potential lift [2][8]. A recent Defence Secretary Pete Hegseth warning that combat could resume if no deal is reached underscores the dependency on negotiation outcomes, making scheduled diplomatic windows and CENTCOM advisories critical for programmatic monitoring via conditional orders or copy-trading bots [9].
Methodology
We track US announces end of Iranian blockade 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
- 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.
- 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.
- 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 Polymarket Bot UK trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
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