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World Cup: Number of Missed Penalties

"World Cup: Number of Missed Penalties" on Polymarket, Kalshi and Is Polymarket Legal in Canada — what traders need to know about platform choice, KYC and tax law.

5+ missed penalties 45% 10+ missed penalties 3% 15+ missed penalties 1% 20+ missed penalties 1% Volume: $567K Liquidity: $173K Closes: 20 Jul 2026
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World Cup: Number of Missed Penalties

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Is Polymarket Legal in Canada) Pick
polygram.ink (preferred broker)
45% 55% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open the market →
Polymarket (direct)
polymarket.com
45% 55% 0% Geo-blocked in US/UK/EU USDC, on-chain Open the market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Open the market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Open the market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Open the market →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
5+ missed penalties45%
10+ missed penalties3%
15+ missed penalties1%
20+ missed penalties1%
45+ missed penalties1%
50+ missed penalties1%
40+ missed penalties0%
30+ missed penalties0%
25+ missed penalties0%
35+ missed penalties0%

Market context

The 2026 FIFA World Cup is currently underway, and this market hinges on whether the total count of penalty kicks missed or saved during regular, stoppage, or extra time reaches a specific threshold. Only penalties taken in these phases count; shootout kicks are excluded. With the crowd-implied probability of a “Yes” outcome sitting at just 1%, the market suggests that a high volume of missed penalties is considered extremely unlikely for this tournament.

Historically, World Cup penalty conversion rates have been exceptionally high. Since 1982, only one penalty has been missed out of 18 taken in the tournament proper, excluding shootouts[2]. Famous misses like Roberto Baggio’s in the 1994 final remain outliers rather than norms[7]. Even recent data from the 2026 tournament shows Switzerland scoring their first non-shootout penalty, indicating penalties are still being converted[4]. This scarcity of missed penalties frames the current 1% probability as consistent with decades of tournament data.

Traders should monitor upcoming knockout-stage fixtures, where pressure may increase missed attempts, and any official announcements regarding penalty rule changes, such as FIFA’s reported push to alter coin-toss protocols in shootouts[1]. While these changes do not directly affect non-shootout penalties, they signal heightened regulatory attention on penalty mechanics. Recent coverage of Lionel Messi missing a penalty against Austria in the 2026 tournament highlights that misses can still occur under pressure[6]. No-KYC access up to $1,500 under German GlüStV and US CFTC frameworks enhances accessibility for this market, allowing broader participation without identity verification, though this does not alter the underlying statistical likelihood.

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This overview of World Cup: Number of Missed Penalties 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.
Can I trade anonymously?
Pseudonymously, yes — up to the KYC threshold. Is Polymarket Legal in Canada stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
What happens during a tax audit?
You're responsible for documenting your trades. Is Polymarket Legal in Canada 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.
What if regulation changes?
If regulation changes in your jurisdiction (e.g. prediction markets are banned), Is Polymarket Legal in Canada would geo-block the affected region and continue processing withdrawals. Your funds remain withdrawable at any time.
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