TOTAL VOLUME:
$142.3b
24H VOL:
$107,419,736
24H TRANSACTIONS:
2,643,541,936
OPEN INTEREST:
$1,594,026,835
471,138
Markets across
35,775
events
MATCHED EVENTS:
2,926
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
October 11
- Polymarket
October 11 - Polymarket
1W
News
Positive
Negative
Neutral
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Vol.
·
Resolves Nov 1, 2026
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This market tracks whether Saudi Arabia will take a qualifying military action against Yemen on October 11th. Currently, Polymarket gives a probability of 80.0% to the outcome of Saudi Arabia taking such action. The market will be resolved based on official information from the governments and militaries of Saudi Arabia and Yemen, the Houthis, and a consensus of credible reporting. Keep an eye on reports regarding potential military actions as the market remains open until October 11th, Yemen Standard Time, to allow for confirmation of any qualifying strikes.
This market will resolve to “Yes” if Saudi Arabia takes a qualifying military action against Yemen on the specified date, Yemen Standard Time. Otherwise this market will resolve to “No.” A qualifying military action refers to an air strike or a surface-to-surface missile strike, initiated by Saudi Arabia, that directly impacts Yemen. An air strike includes bombs, air-to-surface missiles, and air-launched drones. A surface-to-surface missile strike includes one-way attack drones and surface-to-surface missiles such as cruise or ballistic missiles. The qualifying military action must be carried out by the armed forces of Saudi Arabia. Actions carried out by private military contractors, mercenaries, or proxy forces will not qualify. Where a qualifying action is carried out in the course of a coalition or multinational operation, it will qualify only if the armed forces of Saudi Arabia directly conducted the strike. The following actions do not constitute a qualifying military action: Munitions destroyed or intercepted before impact; Surface-to-air missile strikes; Small-arms fire; Ground incursions; Cyber operations; Naval gunfire and artillery fire; Howitzers, artillery pieces, mortars, and rocket artillery (e.g. MLRS systems); Minor surface-to-surface strikes, including short range loitering munitions, FPV drones, and ATGM strikes; Any threat, authorization, or announcement of force that has not been executed. Any munition that is intercepted or destroyed before impact does not constitute a qualifying military action. Debris, fragments, or any wreckage from intercepted munitions that land on Yemen do not constitute a military action regardless of any damage incurred. “Yemen” refers to the terrestrial territory of Yemen, including its internal waters. Yemen’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Yemen as of market creation will qualify. The occurrence, attribution, and timing of a qualifying military action will be primarily determined based on a consensus of information available from the resolution sources. Where multiple sources conflict regarding the occurrence, attribution, or timing of a relevant military action, this market will remain open until the earlier of: i) the confirmation of the occurrence, attribution, and timing of the action based on a consensus of information available from the resolution sources or ii) 3 full calendar days (Yemen Standard Time) from the date of the first credibly reported evidence of the action. If this period would extend past the end date, this market will remain open to allow for 3 full calendar days to pass. At the end of the third calendar day, if conflicting reports remain, the incident will be adjudicated based on the totality of information available from the resolution sources at that time. No single statement, denial, or presentation of evidence will govern where it is contradicted by the totality of information. The resolution sources for this market will be official information from the governments and militaries of Saudi Arabia and Yemen, the Houthis, and a consensus of credible reporting.
Currently, prediction market odds offer a different perspective than many traditional analyst forecasts regarding the Yemen conflict. While expert opinions often focus on geopolitical factors and diplomatic efforts, this market reflects the collective judgment of traders who are incentivized to accurately assess the likelihood of military action. Discrepancies between the two can highlight areas where the market anticipates developments that haven’t yet been fully incorporated into conventional analyses, or vice versa. It’s important to consider both sources of information when forming a comprehensive view.
On Polymarket, this market is priced through a continuous exchange mechanism where traders buy and sell shares representing their belief in the likelihood of different outcomes. The price of each share directly corresponds to the implied probability of that outcome occurring. On Polymarket, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information emerges, the prices adjust to reflect the evolving consensus. This dynamic pricing ensures that the market odds are constantly updated to represent the most current understanding of the situation.
This market resolves around Nov 1, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. Resolution will depend on whether Saudi Arabia initiates significant new military action in Yemen during the specified timeframe. The determination will be based on widely reported and independently verified events, and will not rely on subjective interpretations or unconfirmed reports. The outcome will be assessed based on publicly available information concerning the scale and nature of any military operations.
Several signals or events could significantly impact this market. Major escalations in the conflict, such as large-scale attacks or significant territorial gains by either side, would likely cause a shift in probabilities. Diplomatic breakthroughs or failures in peace negotiations would also be key catalysts. Additionally, changes in regional alliances or the involvement of other international actors could influence trader sentiment. Finally, statements from key Saudi Arabian officials regarding their intentions in Yemen could also move this market.