Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
95% | 5% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
95% | 5% | 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 |
|---|---|
| O/U 0.5 | 95% |
| Germany O/U 0.5 | 91% |
| Team to Advance | 87% |
| O/U 1.5 | 81% |
| 2nd Half O/U 0.5 | 80% |
| 1st Half O/U 0.5 | 74% |
| Germany 2nd Half O/U 0.5 | 71% |
| Germany O/U 1.5 | 68% |
| Germany 1st Half O/U 0.5 | 67% |
| O/U 2.5 | 57% |
| Paraguay O/U 0.5 | 52% |
| 2nd Half O/U 1.5 | 51% |
| Germany (-1.5) | 48% |
| Both Teams to Score | 48% |
| Paraguay 2nd Half O/U 0.5 | 47% |
| 1st Half O/U 1.5 | 40% |
| Germany O/U 2.5 | 39% |
| Germany 2nd Half O/U 1.5 | 37% |
| O/U 3.5 | 35% |
| Germany 1st Half O/U 1.5 | 31% |
| Both Teams to Score in Second Half | 28% |
| Paraguay 1st Half O/U 0.5 | 26% |
| Germany (-2.5) | 26% |
| 2nd Half O/U 2.5 | 23% |
| Will the Match Go to Extra Time? | 20% |
| O/U 4.5 | 18% |
| Both Teams to Score in First Half | 17% |
| Paraguay O/U 1.5 | 16% |
| 1st Half O/U 2.5 | 16% |
| Germany (-3.5) | 12% |
| Will the Match Go to a Penalty Shootout? | 12% |
| O/U 5.5 | 8% |
| Paraguay 2nd Half O/U 1.5 | 8% |
| Germany (-4.5) | 5% |
| Paraguay O/U 2.5 | 4% |
| Paraguay 1st Half O/U 1.5 | 4% |
| O/U 6.5 | 3% |
| Paraguay (-1.5) | 2% |
| Germany (-5.5) | 2% |
| O/U 7.5 | 1% |
| O/U 8.5 | 1% |
| Paraguay (-2.5) | 0% |
| Paraguay (-3.5) | 0% |
| Paraguay (-4.5) | 0% |
| Paraguay (-5.5) | 0% |
Market context
The FIFA World Cup Round of 32 match between Germany and Paraguay kicks off at 4:30 PM ET on 29 June 2026, with the contest determining which nation advances to the next stage. This specific prediction market, currently pricing a 39% chance of “More Markets” (implying extra time or penalties), sits in stark contrast to the dominant view that Germany will win decisively in regular time.
Historical precedents in knockout football suggest that high-profile clashes between a top-tier European side and a resilient South American defence often end with a narrow but clear victory, avoiding the need for extra time. Recent World Cup data shows that matches where one team is heavily favoured by odds equivalent to a 77% win probability rarely proceed to extra time, with correct score predictions frequently landing on 2-0 or 2-1 in regular time[1][2]. The current 39% implied probability for “More Markets” appears elevated compared to these patterns, reflecting a market divergence where some platforms price decimal odds suggesting a tighter contest, while others use implied probability models that heavily favour a standard-time German win.
Traders should monitor final squad announcements and any pre-match injury reports, as a key absence in Germany’s midfield could shift the balance toward a more open, drawn game. Recent coverage from Bleacher Report highlights that injury updates and tactical previews are critical dependencies for this fixture, with the match broadcast on FOX in the US[5]. Platform comparisons reveal that Kalshi resolves based on advancement regardless of extra time, whereas Polymarket and Smarkets may offer distinct fee structures and KYC requirements that influence liquidity on this specific outcome[6]. The divergence between decimal odds on Betfair and implied probability on Kalshi creates an arbitrage opportunity for those tracking the “More Markets” line closely.
Methodology
This page compares Germany vs. Paraguay - More Markets 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.
- 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.
- 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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