Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi UK) Pick polygram.ink (preferred broker) |
50% | 50% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
50% | 50% | 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.
| Outcome | Probability |
|---|---|
| Team A | 50% |
| Team B | 50% |
| Team C | 50% |
| Team D | 50% |
| Team E | 50% |
| Other | 50% |
| Florida Panthers | 14% |
| Carolina Hurricanes | 12% |
| Colorado Avalanche | 11% |
| Edmonton Oilers | 7% |
| Tampa Bay Lightning | 7% |
| Vegas Golden Knights | 7% |
| Dallas Stars | 6% |
| Minnesota Wild | 6% |
| Washington Capitals | 5% |
| Buffalo Sabres | 3% |
| Montreal Canadiens | 3% |
| New York Rangers | 3% |
| San Jose Sharks | 3% |
| Toronto Maple Leafs | 3% |
| Utah Mammoth | 3% |
| Anaheim Ducks | 2% |
| Los Angeles Kings | 2% |
| New Jersey Devils | 2% |
| Philadelphia Flyers | 2% |
| Pittsburgh Penguins | 2% |
| Boston Bruins | 1% |
| Chicago Blackhawks | 1% |
| Columbus Blue Jackets | 1% |
| Detroit Red Wings | 1% |
| New York Islanders | 1% |
| Ottawa Senators | 1% |
| St. Louis Blues | 1% |
| Winnipeg Jets | 1% |
| Calgary Flames | 0% |
| Nashville Predators | 0% |
| Seattle Kraken | 0% |
| Vancouver Canucks | 0% |
Market context
The Carolina Hurricanes are the favourites to win the 2027 Stanley Cup, yet this specific contract on Polymarket prices the listed team at a mere 2% implied probability, signalling the market views them as a long shot. On Polygon, traders settle these conditional tokens in USDC, where the 2% price reflects a stark divergence from the +700 odds (+14.3% implied) offered by major sportsbooks like DraftKings and FanDuel for the Hurricanes to repeat [1][2]. This discrepancy suggests the contract likely tracks a non-favourite team, as the crowd heavily discounts their chances compared to traditional betting markets where the Hurricanes and Colorado Avalanche dominate the futures board [2][4].
Historically, NHL futures markets often overcorrect for recent champions, with back-to-back winners being rare; only the Pittsburgh Penguins (2016–17) and New York Islanders (1980–81) achieved this in the modern era, framing the 2% price as a rational assessment of the difficulty in repeating [1]. The 2% probability aligns with how markets typically price teams outside the top five favourites, such as the Penguins who sit at +5500, indicating the listed participant is likely a significant underdog rather than a contender like Vegas or Florida [1][3].
Traders should monitor the 2027 NHL Entry Draft in summer 2027, where projected top pick Landon DuPont could reshape team rosters and alter championship odds [6][7]. Additionally, the start of the 2026–27 regular season in October 2026 will provide the first concrete performance data, while any early-season eliminations will instantly resolve this market to "No" per the on-chain rules [1]. The settlement window closes on 1 July 2027, ensuring the outcome is locked before the next draft cycle begins [7].
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Kalshi UK, which mirrors the Polymarket order book directly.
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 Kalshi UK. 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.
- 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.
Trade NHL: 2027 Champion on Kalshi UK
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