Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Scam?) Pick polygram.ink (preferred broker) |
86% | 14% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
86% | 14% | 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 17 | 86% |
| August 25 | 13% |
| August 31 | 12% |
| August 19 | 9% |
| August 20 | 9% |
| August 28 | 9% |
| August 18 | 8% |
| August 21 | 8% |
| August 22 | 7% |
| August 23 | 7% |
| August 29 | 7% |
| August 26 | 6% |
| August 30 | 6% |
| August 24 | 5% |
| August 27 | 5% |
| August 16 | 1% |
| August 2 | 0% |
| August 3 | 0% |
| August 4 | 0% |
| August 5 | 0% |
| August 6 | 0% |
| August 7 | 0% |
| August 8 | 0% |
| August 9 | 0% |
| August 10 | 0% |
| August 11 | 0% |
| August 12 | 0% |
| August 13 | 0% |
| August 14 | 0% |
| August 15 | 0% |
Market context
The market prices Iranian direct military strikes against Arab nations through August 2026 at zero probability on Polygon's conditional token infrastructure, meaning traders currently assign negligible likelihood to air or surface-to-surface missile attacks initiated by Tehran against the twenty-one qualifying Arab states. This pricing reflects the current geopolitical equilibrium, where despite persistent regional tensions, Iran has not conducted unilateral strikes against Arab territories since the 1980s Iraq-Iran War, instead channelling military pressure through proxy forces and asymmetric operations across Syria, Lebanon, and Yemen.
Historical precedent suggests the market's zero reading may undervalue tail risks. Iran's April 2024 direct missile and drone barrage against Israel—a non-Arab state—demonstrated Tehran's willingness to execute coordinated strikes when responding to perceived existential threats, though that operation targeted a specific provocation rather than initiating unprovoked action. The 2019 Abqaiq oil facility strikes, attributed to Iranian proxies, showed capability for precision strikes on Arab infrastructure without direct attribution. Traders should distinguish between proxy operations, which occur regularly, and the qualifying direct military actions this contract requires.
Catalysts warranting close monitoring include escalation cycles involving Israeli operations in Syria, shifts in US sanctions enforcement under the incoming administration, and any major attacks on Iranian territory or leadership. The International Institute for Strategic Studies and regional security analysts track Iranian military posturing closely; announcements regarding Revolutionary Guard exercises or ballistic missile tests could signal changing threat calculus. The contract's August 2026 settlement window captures a period of potential flux in US-Iran relations and ongoing Israeli-Iranian proxy competition across the Levant.
Methodology
This page reviews Will Iran target a Arab country on 2026? across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to Polymarket Scam?, which mirrors the Polymarket order book at 0% fees.
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.
UK Frequently Asked Questions
- 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 Scam?. 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.
- Is Polymarket legal in the UK?
- Polymarket is accessible to UK traders but is not UKGC-licensed. It operates under US CFTC jurisdiction. UK residents face no domestic legal prohibition on using it, but UKGC consumer protections do not apply. For UKGC-regulated alternatives, Betfair Exchange and Smarkets offer similar prediction-style markets.
- Do I pay tax on prediction market profits in the UK?
- UKGC-licensed platform profits (Betfair, Smarkets) are typically tax-free gambling winnings for UK individuals. Polymarket profits involve USDC crypto transactions, which HMRC treats as Capital Gains Tax events. Keep full transaction records and report via Self Assessment if gains exceed £3,000 per tax year.
- How do I deposit on Polymarket from the UK?
- UK traders typically fund Polymarket via Coinbase UK, Kraken or Revolut — buying USDC with GBP and transferring to a Polygon-compatible wallet (MetaMask, Coinbase Wallet). Polymarket's onboarding walks you through the bridging process. Typical GBP-to-USDC conversion costs 0.5–1%.
Trade Will Iran target a Arab country on 2026? on Polymarket Scam?
Live order book, 0% fees, USDC settlement in seconds.
Open live market →