Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
14% | 86% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
14% | 86% | 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 |
|---|---|
| Any Other Score | 14% |
| Spain 1 - 0 Belgium | 12% |
| Spain 1 - 1 Belgium | 12% |
| Spain 2 - 0 Belgium | 11% |
| Spain 2 - 1 Belgium | 11% |
| Spain 0 - 0 Belgium | 7% |
| Spain 3 - 0 Belgium | 7% |
| Spain 3 - 1 Belgium | 7% |
| Spain 0 - 1 Belgium | 5% |
| Spain 1 - 2 Belgium | 5% |
| Spain 2 - 2 Belgium | 5% |
| Spain 3 - 2 Belgium | 3% |
| Spain 0 - 2 Belgium | 2% |
| Spain 2 - 3 Belgium | 2% |
| Spain 0 - 3 Belgium | 1% |
| Spain 1 - 3 Belgium | 1% |
| Spain 3 - 3 Belgium | 1% |
Market context
Spain and Belgium will meet in the 2026 FIFA World Cup quarter-final at SoFi Stadium in Los Angeles on 10 July 2026, with the market resolving strictly on the 90-minute result. The two nations have faced each twice in World Cup history, drawing 1-1 in Mexico 1986 and splitting honours with one win each, a pattern that frames the current 7% implied probability for an exact score as a plausible but narrow outcome. Historical data shows Spain averaging 2.3 goals per game against Belgium in past encounters, while Belgium has struggled with 0.4 goals per game, suggesting a low-scoring affair where any specific exact score remains statistically unlikely compared to "Any Other Score".
Traders should monitor final squad announcements and any pre-match tactical shifts from both managers, as these often dictate goal-scoring potential in tight knockout games. Recent coverage from USA Today highlights Spain’s status as a tournament favourite ahead of the match, while Belgium’s defensive resilience will be critical in limiting Spain’s attacking output. The divergence between platforms is notable here: Polymarket and Betfair typically display decimal odds (e.g., 14.29 for 7%), whereas Kalshi and Smarkets emphasise implied probability percentages, and fee structures vary significantly, with some platforms charging up to 2% on wins while others offer zero-fee trading. KYC requirements also differ, with Kalshi enforcing strict US residency checks while Polymarket allows broader global access.
Methodology
This page compares Spain vs. Belgium - Exact Score 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
Settlement is the biggest difference between the four platforms: Polymarket on-chain in USDC (instant), Kalshi USD via CFTC (T+1), Betfair and Smarkets in local currency via bank withdrawal (T+1 to T+3). On-chain settlement clears in minutes — the fastest payout path of the four.
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.
- Which platform has the deepest liquidity?
- Polymarket — by a wide margin. Top markets reach $50-500M volume, Kalshi ~$200M cumulative, Betfair similar. Deeper liquidity means your trade moves the quote less.
- 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.
- 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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