The Hundred: London Spirit vs MI London

Platform comparison

Market context

London Spirit and MI London were due to meet at Lord’s in The Hundred, with Polymarket’s conditional tokens on this contract pricing the Spirit win leg at **0% YES** and all value effectively sitting on the no side. In practical terms, a buyer of YES is paying USDC on Polygon for a token that only settles if the match is officially awarded to London Spirit under the competition’s result rules, which also count DLS/DRS outcomes, over-rate penalties and walkovers as ordinary wins.

Recent comparable cases point towards a market that should usually track team strength and venue rather than headline rivalry narratives. The sides split the 2026 head-to-head before this fixture: London Spirit beat MI London by seven wickets at the Oval on 29 July, then MI London returned the favour in the next meeting at Lord’s on 6 August, winning by four wickets with six balls remaining.[8][2] ESPN’s recent scorecards also show that these matches have been competitive enough to leave room for late swings, while the broader series page lists London Spirit’s 2026 meetings with MI London as a short, high-variance sample rather than a long trend.[12]

For traders, the live catalysts are the published playing XI, the toss, weather and any interruption that could drag the game towards a reduced-overs finish. Lord’s was listed for a 15:00 local start, and recent match coverage showed MI London taking the toss and bowling first in the same rivalry, so team-news and conditions can move this contract quickly once line-ups are confirmed.[3][5] Because settlement follows the official competition decision, any abandonment, revised target or on-field tiebreak would still resolve through the winner declared by the playing conditions, not by scoreline alone.

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This page reviews The Hundred: London Spirit vs MI London across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to PolyGram, which mirrors the Polymarket order book at 0% fees.

Resolution & payout

Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.

Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.

FAQ

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.

How does resolution work?

Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.

What does Polymarket cost to trade?

Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.

How fast are USDC deposits?

Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.

How reliable are the quoted odds?

The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.