Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
51% | 49% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
51% | 49% | 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 |
|---|---|
| Fight won by KO/TKO? | 51% |
| Dulatov to win by KO/TKO? | 51% |
| Fight to Go the Distance? | 50% |
| Fight won by submission? | 50% |
| O/U 0.5 Rounds | 50% |
| O/U 1.5 Rounds | 50% |
| O/U 2.5 Rounds | 50% |
| Wellington Turman vs. Islam Dulatov | 49% |
| Turman to win by KO/TKO? | 49% |
Market context
Wellington Turman and Islam Dulatov are scheduled to compete in a welterweight bout on the main card of UFC Fight Night: Ankalaev vs. Rountree Jr. on 25 July 2026. The market currently reflects a near-even split at 49% implied probability for Turman, suggesting traders view this as a closely matched contest. Resolution hinges on official UFC declaration of a winner; any draw, no-contest ruling, or postponement beyond 8 August triggers a 50-50 settlement.
Turman, a Brazilian welterweight with a record of 13–4, has competed consistently in the UFC's 170-pound division since 2020, though his recent form has been mixed with three losses in his last five bouts. Dulatov, a Kyrgyzstani fighter, brings less UFC tenure but has shown solid technical wrestling. Historical precedent suggests evenly-matched welterweights with comparable fight counts and recent performance volatility tend to settle near 50-50 implied probability across major platforms. Polymarket's decimal odds format (approximately 2.04 for Turman) and Kalshi's binary structure both reflect this consensus, though Betfair's lay-betting mechanics sometimes create fractional divergences in how casual traders price tail-risk scenarios like draws.
Key catalysts include official weigh-ins on 24 July and any late injury announcements that could force withdrawal or substitution. UFC Fight Night events occasionally experience last-minute card adjustments; traders should monitor official UFC social channels and MMA Junkie for confirmation as the event date approaches. Fee structures across platforms—Polymarket's 2% settlement fee versus Kalshi's variable taker fees—will marginally affect break-even thresholds for positions held through resolution.
Live Data & Statistics
Live stats load when the match begins. Current market odds are shown above. Trading volume: $677K.
Methodology
We read UFC Fight Night: Wellington Turman vs. Islam Dulatov (Welterweight, Main Card) from four platform perspectives: Polymarket (on-chain CLOB), Kalshi (CFTC-regulated exchange), Betfair Exchange (sports book exchange), Smarkets (peer-to-peer betting exchange). Polymarket's live mid is the canonical probability; the side-by-side columns benchmark fees, KYC, settlement currency and deposit rails so you can choose the venue that fits your jurisdiction and trade size.
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.
- 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.
- 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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