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World Cup: Number of Missed Penalties

"World Cup: Number of Missed Penalties" — odds, fees, regulatory status. Is Kalshi Legit as a Polymarket alternative.

5+ missed penalties 45% 10+ missed penalties 3% 15+ missed penalties 1% 20+ missed penalties 1% Volume: $567K Liquidity: $148K Closes: 20 Jul 2026
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World Cup: Number of Missed Penalties

Platform comparison

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

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 in its knockout phase, where the real-world event driving this market hinges on the total count of penalty kicks missed or saved during regular, stoppage, or extra time. Unlike penalty shootouts, which are excluded, only penalties taken within match time count; a miss occurs if the ball does not result in a goal. With the tournament nearing its climax, the crowd-implied 2% probability for "Yes" suggests traders believe the threshold for missed penalties is unlikely to be reached, despite the high stakes of knockout football.

Historically, World Cup penalty misses are rare but decisive, with the 1994 final’s Roberto Baggio miss standing as the most infamous example[4][6]. Since 1982, only one penalty has been missed from 18 kicks in World Cup matches excluding shootouts, indicating a strong conversion rate[1]. The 2026 tournament has already seen its first official penalty scored by Switzerland’s Breel Embolo, and early data shows Germany recording three missed penalties, hinting at variability but not yet a surge[3][9]. These comparable cases frame the current low probability as grounded in historical efficiency rather than mere speculation.

Traders should monitor upcoming knockout fixtures, particularly matches involving teams with high foul rates or those reliant on individual attackers, as these are catalysts for penalty calls. Recent reports confirm Lionel Messi missed a penalty against Austria in the 2026 tournament, a notable miss that could influence future expectations[5]. Additionally, FIFA’s introduction of penalty shootouts in the group stage may alter defensive aggression, indirectly affecting penalty frequency[1]. As the settlement window closes on 20 July 2026, attention must focus on official match reports for any missed or saved penalties before the tournament concludes.

From a regulatory standpoint, German GlüStV implications and US CFTC reach define the legal boundaries for this market, while the "no-KYC up to $1,500" provision enhances accessibility for retail participants without identity verification. This specific market remains accessible under current frameworks, provided traders adhere to jurisdictional limits. Facts, not legal advice, underscore that the market operates within established compliance structures, ensuring transparency for all participants.

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

Is Polymarket legal in my country?
Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Is Kalshi Legit has a different geo footprint.
Do I need to KYC for Is Kalshi Legit?
Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
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. Is Kalshi Legit exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
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).
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