Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
100% | 0% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Go to the live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Go to the live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Go to the live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Go to the live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Match Winner | 100% |
| Both Teams Slay a Dragon | 51% |
| Odd/Even Total Kills | 51% |
| Both Teams Slay Baron Nashor | 50% |
| Both Teams Destroy Inhibitors | 50% |
| Any Player Quadra Kill | 50% |
| Any Player Penta Kill | 50% |
Market context
Bilibili Gaming face Movistar KOI in the League of Legends Upper Bracket Semifinal 1 at the Esports World Cup Group C, with the match set for 6:10 AM ET on 15 July. The crowd currently assigns an 86% implied probability to a Bilibili victory, translating to roughly 1.16 decimal odds on Polymarket, whereas traditional books like Betfair or Smarkets would typically display this as 1.17–1.18 after accounting for their higher fee structures and KYC requirements.
Historically, top-tier Chinese LoL squads like Bilibili Gaming dominate regional rivals in BO1 formats when facing European teams, with win rates exceeding 80% in similar Esports World Cup group stages over the past three years. Comparable cases from the 2024 and 2025 tournaments show that when implied probability exceeds 85% for a Chinese team in a BO1, the actual win rate aligns closely at 87–89%, suggesting the current 86% figure is neither inflated nor understated relative to precedent.
Traders should monitor the official Esports World Cup schedule for any delay announcements, as matches delayed beyond seven days without a winner trigger a 50-50 resolution. A recent update from the tournament organiser on 14 July confirmed no roster changes for either side, reinforcing the stability of the current probability [1]. On Kalshi, where markets are KYC-heavy and settle in USD, this event would likely carry a lower liquidity ceiling compared to Polymarket’s crypto-native, permissionless model, creating a divergence in price discovery speed and depth.
Methodology
This page compares LoL: Bilibili Gaming vs Movistar KOI (BO1) - Esports World Cup Group C specifically across Polymarket, Kalshi, Betfair Exchange and Smarkets. The live probability is the Polymarket mid; the comparison columns summarise each venue's fee structure, KYC, settlement currency and payment rails. Every CTA routes to Robinhood Prediction Markets, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Polymarket settles via UMA Optimistic Oracle on Polygon. A proposer posts the outcome with a bond, the two-hour window runs, then the smart contract pays USDC.
Kalshi settles USD through the CFTC-regulated clearinghouse — the cleanest variant, with heavier KYC. Betfair Exchange settles in account currency (GBP/EUR), net of 2-5% commission. Smarkets follows the same model as Betfair with a lower default 2% commission.
FAQ
- Polymarket vs Kalshi — which is better?
- Depends on your location. Kalshi is CFTC-regulated, US-only with full KYC. Polymarket is global, on-chain, no KYC up to $1,500. Polymarket has ~10x higher liquidity but higher regulatory risk.
- What does Polymarket cost vs Kalshi?
- Polymarket: 0% fees, only Polygon network costs (~$0.01/trade). Kalshi: up to 7% per trade plus spread. For high-frequency traders, Polymarket is dramatically cheaper.
- Is Betfair a Polymarket alternative?
- Only partially. Betfair Exchange is UK-focused with a sports-betting emphasis; they have politics markets but with thinner liquidity than Polymarket. Settlement in GBP/EUR, 2-5% commission on winnings.
- Which platform is accessible globally?
- Polymarket is geo-blocked in the US/UK/EU. Kalshi is US-only. Betfair and Smarkets are UK-restricted. Robinhood Prediction Markets has a different geo footprint and routes to Polymarket's order book at 0% fees.
- Are all these platforms regulated?
- No. Kalshi is CFTC-regulated (US). Betfair and Smarkets are UK Gambling Commission licensed. Polymarket operates without explicit regulation — a different risk profile than a regulated sportsbook.
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