Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi UK) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Set 1 O/U 8.5 | 100% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Set 2 Winner | 100% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Set 2 O/U 8.5 | 100% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Set 2 O/U 9.5 | 100% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Set 2 O/U 10.5 | 100% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Match O/U 22.5 | 99% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Match O/U 21.5 | 90% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Match O/U 23.5 | 90% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud | 83% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Total Sets: O/U 2.5 | 75% |
| Completed Match | 50% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Set Handicap +/-1.5 | 2% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Set 1 Winner | 0% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Set 1 O/U 9.5 | 0% |
| Swiss Open: Juan Manuel Cerundolo vs Casper Ruud Set 1 O/U 10.5 | 0% |
Market context
Casper Ruud, the Norwegian clay-court specialist, faces Juan Manuel Cerundolo in the Swiss Open quarter-final at Gstaad today, with the on-chain market pricing Cerundolo’s advancement at a mere 5% probability. This steep discount reflects Ruud’s superior ranking and historical dominance on clay, yet it ignores the volatility inherent in three-set matches where momentum shifts rapidly.
Historical precedents in ATP quarter-finals show that low-probability underdogs often advance when top players suffer from fatigue or unforced errors in tight sets. For instance, similar 5% contracts in past clay tournaments resolved to the underdog when the favourite lost the first set decisively, as seen when Ruud himself fell to lower-ranked opponents in 2024. The current pricing assumes a straight-set victory for Ruud, but betting tips suggest the match will exceed 18 games, increasing the chance of a upset [1][4].
Traders must monitor the first-set outcome and any pre-match injury announcements, as these are the primary catalysts for probability swings. Recent highlights confirm Cerundolo already defeated Ruud 6-2, 1-6, 6-3 in a previous quarter-final at Gstaad, proving he can neutralise Ruud’s clay strategy [2]. Watch for official ATP schedule updates on Polygon conditional tokens, as any delay beyond seven days triggers a 50-50 resolution, while USDC liquidity remains thin on this specific contract [3].
Methodology
We track Swiss Open: Juan Manuel Cerundolo vs Casper Ruud across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
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
- 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.
- 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Kalshi UK trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- 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.
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