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Kharg Island no longer under Iranian control by... Odds

Polymarket traders give No a 96% chance.

Polymarket Volume $77.4M 24h $4.5K Liquidity $213K Ends Jan 1, 2027 Updated Nov 8, 6:00 AM EST
OutcomeChanceOdds24h
Yes
5% +2122 —
No
96% -2122 —

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Price history

0% 25% 50% 75% 100% Sep 30 Nov 6
December 31

Resolution rules

This market will resolve to "Yes" if Kharg Island is no longer under Iranian control by March 31, 2026 11:59PM ET. Otherwise, this market will resolve to "No". “No longer under the control of Iran” means that Iran no longer exercises primary governmental or military control over Kharg Island, and another state, occupying force, or internationally backed authority has established control over the island. Temporary raids, isolated landings, special operations, bombardment, sabotage, naval presence offshore, or temporary disruption of Iranian activity will not qualify on their own. An announcement, threat, or claim that Iran has lost control will not qualify without actual control being established. If control changes pursuant to a negotiated settlement, ceasefire term, surrender, or transfer agreement, this will qualify only once actual control has been established on the island. If control over Kharg Island is contested, unclear, disputed, or not sufficiently established by the resolution date, this will not qualify, and the market will resolve to “No”. The primary resolution source will be official statements from the relevant governments and militaries, along with a consensus of credible reporting.

Source: Polymarket. The venue's rules are final.

FAQ

What are the odds of "Kharg Island no longer under Iranian control by..."?

As of Nov 8, 6:00 AM EST, traders on Polymarket price No at 96%, about -2122 in American odds. Prices move with every trade.

How are prediction market odds calculated?

Each contract pays $1 if the outcome happens and $0 if it doesn't, so its price is the market's implied probability: a 60¢ contract means roughly a 60% chance. We show the last trade, or the midpoint between the best bid and ask when the order book is tight.

When does this market close?

Polymarket lists Jan 1, 2027 as the end date. It can close earlier if the outcome is decided.

Where can I trade on Kharg Island no longer under Iranian control by...?

This market trades on Polymarket. Availability depends on where you live: Kalshi is a CFTC-regulated US exchange, while Polymarket's international site isn't available to US users (Polymarket US is a separate app). You must be 18 or older.