Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
57% | 43% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
57% | 43% | 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 |
|---|---|
| Los Angeles Dodgers | 57% |
| Milwaukee Brewers | 38% |
| New York Yankees | 24% |
| Atlanta Braves | 20% |
| Tampa Bay Rays | 17% |
| San Diego Padres | 16% |
| St. Louis Cardinals | 11% |
| Philadelphia Phillies | 8% |
| Chicago Cubs | 6% |
| Baltimore Orioles | 5% |
| Texas Rangers | 5% |
| Chicago White Sox | 4% |
| Miami Marlins | 4% |
| Seattle Mariners | 4% |
| Toronto Blue Jays | 4% |
| Arizona Diamondbacks | 3% |
| Houston Astros | 3% |
| Minnesota Twins | 3% |
| San Francisco Giants | 3% |
| Washington Nationals | 3% |
| Boston Red Sox | 2% |
| Cleveland Guardians | 1% |
| Detroit Tigers | 1% |
| Kansas City Royals | 1% |
| Los Angeles Angels | 1% |
| New York Mets | 1% |
| Cincinnati Reds | 0% |
| Colorado Rockies | 0% |
| Athletics | 0% |
| Pittsburgh Pirates | 0% |
Market context
A single MLB franchise must accumulate 100 victories across the 2026 regular season to trigger a "Yes" settlement, a feat that historically occurs only for elite, roster-stable teams with deep pitching. The current 3% implied probability reflects the extreme rarity of this outcome; in recent decades, only the Los Angeles Dodgers, Houston Astros, and New York Yankees have consistently breached this threshold. For context, the Dodgers were projected to win 102.5 games in 2026 by major analysts, yet even they face injury volatility and schedule difficulty that often caps seasons below 100 wins[1][7].
Traders should monitor the Dodgers' mid-season pitching health and their remaining schedule against top-tier division rivals, as these are the primary catalysts for reaching 100 wins. Recent projections suggest the Dodgers remain the only team with a credible path, though their 103-win forecast carries significant uncertainty[2]. Platform divergence is stark here: Polymarket offers decimal odds with minimal KYC and lower fees, while Kalshi requires strict US identity verification and trades implied probabilities with higher regulatory overhead[3]. Smarkets and Betfair further differ by offering decimal odds with variable fee structures, creating arbitrage opportunities for those comparing implied probabilities across books.
The settlement window closes on 28 September 2026, meaning any mathematical elimination before October 11 triggers an immediate "No". With only 3% of the market betting "Yes", the consensus is that no team will overcome the 162-game grind to hit 100 wins, despite the Dodgers' elite status[1]. Traders must weigh the high fee structures of regulated platforms like Kalshi against the liquidity and anonymity of offshore books, where decimal odds may better reflect the true risk of this low-probability event.
Methodology
We read MLB: Team to win 100+ games 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
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.
- 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.
- Which platform supports Klarna/SOFORT?
- Directly: none. Polymarket accepts only USDC on Polygon. Robinhood Prediction Markets offers a fiat on-ramp via Klarna or SOFORT (DE/AT/CH) and converts internally to USDC for the Polymarket order book. T+1 processing.
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