Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Bot UK) Pick polygram.ink (preferred broker) |
85% | 15% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
85% | 15% | 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 |
|---|---|
| <150 | 85% |
| 150-174 | 17% |
| 175-199 | 3% |
| 200-224 | 1% |
| 225+ | 1% |
Market context
Ships are moving through the Strait of Hormuz again after a US–Iran agreement on 17 June ended the blockade, with commercial navigation resuming immediately and daily transit counts climbing to roughly 35–40 vessels by early July [2][5]. The market’s 82% YES probability reflects this recovery, but the settlement hinges on IMF Portwatch’s finalized daily calls for the week of 6–12 July 2026, which exclude unreported ships and only count data once the next day’s point is available [10].
Historically, Hormuz traffic has swung between near-total closure and rapid rebounds; in April 2026, passages were minimal, but by 25 June, 25 commercial vessels crossed in a single day—the highest volume since April [2]. That jump suggests the current probability is grounded in a tangible uptick rather than speculation, though the strait briefly closed again after the interim deal’s text release, showing volatility remains a key risk for any programmatic strategy tracking live dashboards [4][5].
Traders should monitor the IMF Portwatch finalisation schedule for each day in the window, as data only counts once the following day’s entry appears [10]. Watch for any sudden announcements from Iran or the US regarding port access, war-risk insurance premiums, or tanker insurance spikes, which could halt traffic; CNN’s tracker and AXSMarine’s marine intelligence are the primary sources for real-time volume updates [2]. A conditional order bot would need to ingest these feeds and adjust exposure if daily counts dip below the 35–40 ship/day baseline established in early July [5].
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Polymarket Bot UK, which mirrors the Polymarket order book directly.
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 Polymarket Bot UK. 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.
- 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 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.
Trade How many ships transit the Strait of Hormuz week of … on Polymarket Bot UK
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