Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Germany Legal) Pick polygram.ink (preferred broker) |
57% | 43% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
57% | 43% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Swiss Open: Raphael Collignon vs Valentin Vacherot Match O/U 22.5 | 57% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot | 56% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Set 1 Winner | 56% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Set 1 O/U 8.5 | 56% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Set 1 O/U 9.5 | 55% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Match O/U 21.5 | 53% |
| Completed Match | 50% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Set 2 Winner | 50% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Set 2 O/U 8.5 | 50% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Set 2 O/U 9.5 | 50% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Set 2 O/U 10.5 | 50% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Match O/U 23.5 | 48% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Set 1 O/U 10.5 | 41% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Total Sets: O/U 2.5 | 40% |
| Swiss Open: Raphael Collignon vs Valentin Vacherot Set Handicap +/-1.5 | 37% |
Market context
Raphael Collignon faces Valentin Vacherot in the opening round of the Swiss Open Gstaad, an ATP 250 event scheduled for Friday, 17 July 2026. The market currently implies a 56% probability that Collignon advances, aligning closely with predictive models that assign him a 56% win chance against the French underdog [2]. Bookmakers list Collignon as the favourite with moneyline odds of -144 to -175, suggesting an implied win probability between 58% and 64% [1][2].
Historical precedents in ATP 250 tournaments show that crowd-implied probabilities often lag slightly behind algorithmic models when facing players with similar rankings, as seen in comparable Gstaad matches where favourites won 55–65% of the time despite lower public sentiment. This market’s 56% YES probability sits within that established range, reflecting a cautious but accurate assessment of Collignon’s surface advantage on clay rather than an outlier sentiment.
Traders should monitor the official ATP draw confirmation and any weather-related delays, as Gstaad’s outdoor clay courts are susceptible to rain interruptions that could trigger the 50-50 settlement clause if the match exceeds the seven-day delay threshold. Recent coverage confirms the match is set for 4:00 AM ET with no reported injuries, but a late schedule change could alter liquidity dynamics [1]. For German participants, the GlüStV framework permits no-KYC access up to €1,500, while US traders remain subject to CFTC reach regardless of platform location, limiting accessibility for those above the threshold without verification.
Methodology
This overview of Swiss Open: Raphael Collignon vs Valentin Vacherot 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
- How are winnings taxed?
- Tax treatment varies by jurisdiction. In most countries, prediction market gains are treated as ordinary income or capital gains. We cannot provide tax advice — consult a tax professional for your specific situation.
- What happens during a tax audit?
- You're responsible for documenting your trades. Polymarket Germany Legal exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
- Are prediction markets gambling?
- Legally unclear in most jurisdictions. Some interpretations classify them as wagering (gambling regulation applies), others as derivatives (financial regulation applies). There's no global precedent specifically for on-chain prediction markets.
- 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).
- What if regulation changes?
- If regulation changes in your jurisdiction (e.g. prediction markets are banned), Polymarket Germany Legal would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.
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