Polymarket market

Polymarket Houthi x Saudi Arabia effective ceasefire begins by...? (2 week pause) odds

On Polymarket, the busiest line, October 31, is at 4%. The market settles by Dec 31, 2026, and $5K traded in the last 24 hours. Each contract pays $1 if it is right, so 4¢ reads as a 4% chance.

Trade on Polymarket

Polymarket · odds · updated

October 156%
October 314%
$5K
24h volume on Polymarket
$13K
total volume on Polymarket
2
open of 4 outcomes
Dec 31, 2026
settles

Polymarket odds on every outcome

Polymarket odds on each outcome of Houthi x Saudi Arabia effective ceasefire begins by...? (2 week pause)
OutcomeChanceYes price24h volume
October 156%6¢$458Trade
October 314%4¢$5KTrade
September 23––$0Trade
September 30––$0Trade

Chance is each outcome's Yes price on Polymarket. A Yes contract at 6¢ pays $1 if that outcome wins.

How the odds have moved

Polymarket · October 31
4%▼ 45.9 pts since Sep 28
Yes price
Sep 284% – 50% scaleOct 5

Polymarket's own series for the outcome the headline prices, from where its history starts; one venue, not a blend.

How this market resolves

Polymarket's own settlement wording, in full. This, not the headline, decides who gets paid.

Show the full rules

This market will resolve to "Yes" if there is a continuous 14-day period during which neither the Houthis nor Saudi Arabia takes a qualifying military action against the other, following a qualifying military action (or market creation) that occurs on or before the specified date, 11:59 PM ET. Otherwise this market will resolve to "No."

Only qualifying military actions that occur after market creation count. The 14-day period starts on the calendar day (ET) after the most recent qualifying action, or on the date of market creation if none has occurred after market creation. The period runs through 12:00 PM ET on the 14th calendar day. Each new qualifying action restarts the count.

This market resolves to "Yes" if such a full 14-day period is completed following either market creation or a qualifying action that occurred on or before the specified date (ET).

A qualifying military action refers to an air strike or a surface-to-surface missile strike that is either initiated by the Houthis and directly impacts Saudi Arabia, or initiated by Saudi Arabia and 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 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 Saudi Arabia or Yemen do not constitute a military action regardless of any damage incurred.

“Saudi Arabia” refers to the terrestrial territory of Saudi Arabia, including its internal waters, and “Yemen” refers to the terrestrial territory of Yemen, including its internal waters. Maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Saudi Arabia or Yemen respectively 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 (ET) 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. If, at the end of the third calendar day, conflicting reports remain as to the occurrence, attribution, or timing of the action, the action will be judged 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 government and military of Saudi Arabia and the Houthis and a consensus of credible reporting.

Scheduled resolution: Oct 31, 2026.

How to trade this market on Polymarket

  1. Check your state first. A few states restrict some contracts.
  2. Open a Polymarket account. Americans trade on Polymarket US. Our Polymarket review covers sign-up and payouts.
  3. Buy Yes or No at the price shown, 6¢ for October 15 right now. Each contract pays $1 if you are right.
  4. Sell any time before it settles, or hold to the result. Polymarket's fees apply to each trade.

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Not on Kalshi here yet: we have not matched this question to a Kalshi market, so there is no second price to compare. Kalshi vs Polymarket compares the two venues.

Common questions

What are the Polymarket odds on Houthi x Saudi Arabia effective ceasefire begins by...? (2 week pause)?

On Polymarket, the busiest line, October 31, is at 4%. That is a market-implied probability, not a forecast, and it moves as traders buy and sell.

How does this market resolve?

By Polymarket's own settlement rules for this market. Two venues can word the same question differently and settle differently, so read them before you trade.

Is this question on Kalshi too?

We have not matched it to a Kalshi market yet. When we do, both prices appear side by side here.

Can I trade this market in my state?

In most states, yes, on Polymarket US. A few states have acted against some contracts. Check your state first.

How accurate are Polymarket odds?

Often more accurate than polls, though never certain. A price of 70% should lose three times in ten. How accurate prediction markets are has the research.

What does it cost to trade on Polymarket?

A taker fee on most markets, largest near 50¢, and some categories charge nothing. Polymarket's fees has the detail.