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Israel x Hamas Ceasefire Phase II by 2026?

How the prediction markets are pricing "Israel x Hamas Ceasefire Phase II by 2026?" right now — live Polymarket order book quote, plus platform comparison.

December 31 65% July 31 22% October 31 0% December 31 0% Volume: $2.8M Liquidity: $14K Closes: 31 Dec 2026
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Israel x Hamas Ceasefire Phase II by 2026?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Trump Prediction) Pick
polygram.ink (preferred broker)
65% 35% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Live odds →
Polymarket (direct)
polymarket.com
65% 35% 0% Geo-blocked in US/UK/EU USDC, on-chain Live odds →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Live odds →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Live odds →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Live odds →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
December 3165%
July 3122%
October 310%
December 310%
November 300%
March 31, 20260%
January 310%
February 280%
June 300%

Market context

Based on real-money crowd forecasting, israel x hamas ceasefire phase ii by 2026? stands at 65% likelihood according to current market consensus. On October 8, an agreement on an initial ceasefire (Phase 1) was announced, constituting a halt in fighting, a partial Israeli pullback to a “yellow line,” prisoner swaps, expanded…

Methodology

This page tracks Israel x Hamas Ceasefire Phase II by 2026? across four political prediction venues. Live odds come from the Polymarket order book (the deepest political prediction-market book). Kalshi is the CFTC-regulated US alternative, Betfair the established UK sports-exchange with politics markets, Manifold the open play-money variant. For users geo-blocked from Polymarket directly, brokers like Trump Prediction provide a 0%-fee route into the same order book.

Resolution & payout

Political markets typically settle on official candidate or agency confirmation. Polymarket uses UMA Optimistic Oracle: a proposer posts the outcome with a bond, the two-hour window opens, then the smart contract pays USDC.

Kalshi settles USD via CFTC clearinghouse, with clearly defined resolution sources (e.g. AP race calls for elections). Betfair settles after the official outcome is registered with the league or agency. Manifold is play-money.

FAQ

Can prediction markets influence election outcomes?
Markets reflect expectations rather than create them. Studies show public-facing markets can anchor expectations, but don't influence the underlying outcome. Political markets are information, not advocacy.
How fast do political markets react to news?
High-liquidity markets move within seconds to minutes. A Trump tweet on the economy can shift the "Trump 2024" market 2-5 points before mainstream media has written anything.
Are political prediction markets legal in my country?
It varies. They sit in legal gray areas in most jurisdictions. Polymarket is geo-blocked from US/UK/EU; some broker frontends have a different geo footprint. Trade only with capital you can afford to lose, and only if you understand the legal status in your jurisdiction.
Why do Polymarket and Kalshi differ on elections?
Kalshi must follow CFTC compliance — strict definitions, clear resolution sources, US citizens only with KYC. Polymarket operates globally without CFTC oversight — deeper liquidity, but also higher regulatory risk.
Which political events have the biggest volume?
US Presidential election, party nominations (DNC/RNC), Senate majorities, individual state outcomes (Pennsylvania, Michigan, Wisconsin), and major European elections. Peak markets reach $50-500M per event.
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Related Topics

Politics Gaza Prediction Markets Israel Prediction Markets Trump Prediction Markets