Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
37% | 63% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
37% | 63% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Trade this market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Trade this market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Trade this market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Trade this market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| August 10 | 37% |
| No release by August 31 | 13% |
| August 7 | 10% |
| August 12 | 8% |
| August 24 | 6% |
| August 25 | 5% |
| August 27 | 4% |
| August 18 | 3% |
| August 6 | 2% |
| August 8 | 2% |
| August 11 | 2% |
| August 16 | 2% |
| August 26 | 2% |
| August 28 | 2% |
| August 9 | 1% |
| August 13 | 1% |
| August 14 | 1% |
| August 17 | 1% |
| August 19 | 1% |
| August 20 | 1% |
| August 21 | 1% |
| August 29 | 1% |
| August 31 | 1% |
| On or prior to August 1 | 0% |
| August 2 | 0% |
| August 3 | 0% |
| August 4 | 0% |
| August 5 | 0% |
| August 15 | 0% |
| August 22 | 0% |
| August 23 | 0% |
| August 30 | 0% |
Market context
Polymarket currently prices this contract at **0% YES**, which is consistent with there being no confirmed public release of the next **Gemini Pro** model yet. On the market’s rules, the outcome turns on the first date in Eastern Time that Google makes a qualifying **Pro** model generally available, whether via the Gemini app, API, or another public rollout; a mere preview, a Flash-only launch, or an internal/test-only release would not settle it.
The closest comparable case is **Gemini 3.1 Pro**, which Google rolled out in preview on 19 February 2026 across consumer and developer surfaces, showing that “Pro” launches can appear first in limited access before broader exposure.[8][10] More recently, Google’s model lifecycle pages show **Gemini 2.5 Pro** is still active but has a scheduled retirement on 16 October 2026, while **Gemini 3.5 Flash** arrived on 19 May 2026, underscoring that Google can ship adjacent families without immediately releasing the flagship Pro variant.[1][3] Reuters also reported on 21 July that Google released cheaper Gemini variants but gave no timing update for the flagship Pro model, after earlier delays from a June target.[14]
A trader watching this market should focus on Google I/O-style announcements, release notes, and API changelogs, because those are the places where Google has signalled model availability before. The key catalyst is whether Google moves a preview-labelled Pro model into general public access, or whether it keeps extending testing with partners, as Reuters noted in July.[14] On Polymarket, that means the contract’s value is being driven less by the model name itself than by the timing of a public, qualifying launch that can be verified on-chain through the market’s conditional tokens against the settlement rule.
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
UK Frequently Asked Questions
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- Is Polymarket legal in the UK?
- Polymarket is accessible to UK traders but is not UKGC-licensed. It operates under US CFTC jurisdiction. UK residents face no domestic legal prohibition on using it, but UKGC consumer protections do not apply. For UKGC-regulated alternatives, Betfair Exchange and Smarkets offer similar prediction-style markets.
- Do I pay tax on prediction market profits in the UK?
- UKGC-licensed platform profits (Betfair, Smarkets) are typically tax-free gambling winnings for UK individuals. Polymarket profits involve USDC crypto transactions, which HMRC treats as Capital Gains Tax events. Keep full transaction records and report via Self Assessment if gains exceed £3,000 per tax year.
- How do I deposit on Polymarket from the UK?
- UK traders typically fund Polymarket via Coinbase UK, Kraken or Revolut — buying USDC with GBP and transferring to a Polygon-compatible wallet (MetaMask, Coinbase Wallet). Polymarket's onboarding walks you through the bridging process. Typical GBP-to-USDC conversion costs 0.5–1%.
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