Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Is Kalshi Legal in California) Pick polygram.ink (preferred broker) |
86% | 14% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
86% | 14% | 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 |
|---|---|
| December 31, 2026 | 86% |
| December 31 | 0% |
| November 30 | 0% |
| March 31, 2026 | 0% |
| February 28, 2026 | 0% |
| June 30, 2026 | 0% |
Market context
The real-world trigger is a public, official Hamas announcement that it will give up or dismantle its armed capability in Gaza; absent that, the market resolves **No**. The current 0% crowd price is consistent with the public record, because Hamas has repeatedly tied any disarmament to broader political conditions, while Reuters reported in April 2026 that it would not even discuss disarmament without guarantees of a full Israeli withdrawal from Gaza[5]. Hamas figures have also been reported as rejecting disarmament outright, saying armed resistance remains a legitimate right and refusing to surrender weapons until a Palestinian state is established[4][9][14].
For historical framing, traders should read this as a low-probability regulatory-style event rather than a simple ceasefire headline, because the condition is an explicit, attributable commitment from Hamas leadership, not an inferred military pause. Recent diplomatic pressure has moved in the opposite direction: a July 2025 New York Times report said Arab states, backed by the EU and other countries, called on Hamas to disarm and hand over Gaza governance, while FDD and other commentary in 2026 described U.S.-backed ceasefire frameworks and UN-endorsed proposals that make disarmament a formal requirement for later phases[2][7][12][16]. The gap between external demands and Hamas’s public position is the key reason the market remains priced at the floor.
From an accessibility angle, the regulatory overlay matters. If the venue offering this market is German-facing, the GlüStV regime is relevant because it treats online gambling and related offerings through a restrictive licensing framework, which can affect whether residents can legally access the product. In the US, the CFTC’s reach matters because event contracts can fall within its oversight where they are treated as swaps or otherwise run into commodities-law limits, so venue design and participant jurisdiction are material. “No-KYC up to $1,500” means a user may be able to open or transact with only limited identity checks below that threshold, but it does not change the underlying market condition: only a clear, official Hamas disarmament statement by the deadline would count.
Methodology
This overview of Will Hamas agree to disarm by 2026? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.
Resolution & payout
On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.
FAQ
- Is Polymarket legal in my country?
- Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Is Kalshi Legal in California has a different geo footprint.
- Do I need to KYC for Is Kalshi Legal in California?
- Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
- Can I trade anonymously?
- Pseudonymously, yes — up to the KYC threshold. Is Kalshi Legal in California stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
- What happens during a tax audit?
- You're responsible for documenting your trades. Is Kalshi Legal in California exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
- Is there a withdrawal cap?
- No platform-side cap. You can withdraw any amount provided KYC is complete. SEPA bank withdrawals over €15,000 trigger additional anti-money-laundering checks (statutory obligation for all platforms).
Trade Will Hamas agree to disarm by 2026? on Is Kalshi Legal in California
Live order book, 0% fees, USDC settlement in seconds.
Open live market →