Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
80% | 20% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open the market → |
Polymarket (direct) polymarket.com |
80% | 20% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open the market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open the market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open the market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open the market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Tadej Pogačar | 80% |
| Cyclist A | 50% |
| Cyclist B | 50% |
| Cyclist C | 50% |
| Cyclist D | 50% |
| Cyclist E | 50% |
| Cyclist F | 50% |
| Cyclist G | 50% |
| Cyclist H | 50% |
| Cyclist I | 50% |
| Cyclist J | 50% |
| Cyclist K | 50% |
| Cyclist L | 50% |
| Cyclist M | 50% |
| Cyclist N | 50% |
| Cyclist O | 50% |
| Cyclist P | 50% |
| Cyclist Q | 50% |
| Cyclist R | 50% |
| Cyclist S | 50% |
| Cyclist T | 50% |
| Cyclist U | 50% |
| Cyclist V | 50% |
| Cyclist W | 50% |
| Cyclist X | 50% |
| Cyclist Y | 50% |
| Cyclist Z | 50% |
| Cyclist AA | 50% |
| Cyclist AB | 50% |
| Cyclist AC | 50% |
| Cyclist AD | 50% |
| Cyclist AE | 50% |
| Cyclist AF | 50% |
| Cyclist AG | 50% |
| Cyclist AH | 50% |
| Cyclist AI | 50% |
| Cyclist AJ | 50% |
| Cyclist AK | 50% |
| Cyclist AL | 50% |
| Cyclist AM | 50% |
| Cyclist AN | 50% |
| Cyclist AO | 50% |
| Cyclist AP | 50% |
| Cyclist AQ | 50% |
| Cyclist AR | 50% |
| Cyclist AS | 50% |
| Cyclist AT | 50% |
| Cyclist AU | 50% |
| Cyclist AV | 50% |
| Cyclist AW | 50% |
| Cyclist AX | 50% |
| Cyclist AY | 50% |
| Cyclist AZ | 50% |
| Cyclist BA | 50% |
| Cyclist BB | 50% |
| Cyclist BC | 50% |
| Cyclist BD | 50% |
| Cyclist BE | 50% |
| Cyclist BF | 50% |
| Cyclist BG | 50% |
| Cyclist BH | 50% |
| Cyclist BI | 50% |
| Cyclist BJ | 50% |
| Cyclist BK | 50% |
| Cyclist BL | 50% |
| Cyclist BM | 50% |
| Cyclist BN | 50% |
| Cyclist BO | 50% |
| Cyclist BP | 50% |
| Cyclist BQ | 50% |
| Cyclist BR | 50% |
| Cyclist BS | 50% |
| Cyclist BT | 50% |
| Cyclist BU | 50% |
| Cyclist BV | 50% |
| Cyclist BW | 50% |
| Cyclist BX | 50% |
| Cyclist BY | 50% |
| Cyclist BZ | 50% |
| Cyclist CA | 50% |
| Cyclist CB | 50% |
| Other | 50% |
| Jonas Vingegaard | 17% |
| Paul Seixas | 2% |
| Remco Evenepoel | 1% |
| Florian Lipowitz | 1% |
| Isaac del Toro | 1% |
| Juan Ayuso | 0% |
| Tobias Halland Johannessen | 0% |
| Tom Pidcock | 0% |
| Cian Uijtdebroeks | 0% |
| Mattias Skjelmose | 0% |
| Richard Carapaz | 0% |
| Antonio Tiberi | 0% |
| Derek Gee-West | 0% |
| Matteo Jorgenson | 0% |
| Thymen Arensman | 0% |
| Adam Yates | 0% |
| Jai Hindley | 0% |
| Lenny Martinez | 0% |
| Ben O'Connor | 0% |
| Kévin Vauquelin | 0% |
| Ben Healy | 0% |
| Luke Plapp | 0% |
| Lennert Van Eetvelt | 0% |
| Egan Bernal | 0% |
| Brandon McNulty | 0% |
| Sepp Kuss | 0% |
| Michael Storer | 0% |
| Matthew Riccitello | 0% |
| Ilan Van Wilder | 0% |
| Valentin Paret-Peintre | 0% |
| Warren Barguil | 0% |
Market context
Tadej Pogačar is the overwhelming real-world favourite to win the 2026 Tour de France, having already secured four yellow jerseys in 2020, 2021, 2024 and 2025. On Polymarket, this dominance is priced at 80% YES, reflecting the crowd’s conviction that he will join Jacques Anquetil, Eddy Merckx, Bernard Hinault and Miguel Indurain as a record-equalling five-time winner. The contract trades on Polygon using USDC, with conditional tokens locking in the outcome based on UCI’s official declaration.
Historically, such heavy favourites rarely falter unless injury or illness intervenes; Vingegaard’s recent Giro d’Italia triumph reinforces his status as the nearest challenger, yet bookmakers still list him at 100–30, far behind Pogačar’s 1–4 odds. Past Tours show that when a rider holds both physical superiority and psychological momentum, the market probability aligns closely with the eventual result, making the current 80% figure a rational read rather than an overreaction.
Traders should monitor pre-race health announcements, team roster confirmations, and any UCI rule changes that could disqualify listed cyclists. A recent Domestique Cycling analysis notes Vingegaard’s reinforced challenger status, but the primary catalyst remains Pogačar’s fitness ahead of the 4–26 July race. Any news suggesting he cannot compete will instantly shift the market to “No”, while a cancellation or postponement beyond 9 August 2026 triggers “Other”.
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.
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's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
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