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Saudi Arabia military action against Iran by...?: live odds and probabilities

The market favorite is December 31 at 13.0%. $14K traded across 1 outcomes.

Updated 2026-11-06 02:10 UTC · Source: Polymarket · 18+ · Market prices, not predictions or advice

Favorite

13.0%
December 31 · Trade →

24h move

-4.0
pts · 7d -0.5

Volume

$14K
24h $199 · liquidity $1K

Closes

December 31, 2026
56 days left

IranMilitaryGeopoliticsMiddle EastSaudi Arabia

All outcomes

OutcomeProbability24h7dVolumeSpread
December 3113.0% -4.0-0.5$10K4.0¢

Prices are the Polymarket mid or last trade at 2026-11-06 02:10 UTC. A price of 64¢ implies roughly a 64% chance. Prices include spread and are not forecasts by BetG8.

📱 Compare how the same event is priced across venues on Polymtrade.Referral link. 18+.

Price history

0%25%50%75%100%10-0610-2111-06
December 31

Market rules and resolution

This market will resolve to “Yes” if Saudi Arabia takes a qualifying military action against Iran by the specified date, 11:59 PM Iran Standard Time (IRST). 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 Iran. 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 Iran do not constitute a military action regardless of any damage incurred. “Iran” refers to the terrestrial territory of Iran, including its internal waters. Iran’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Iran 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 (IRST) 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 resolut

This market will resolve to “Yes” if Saudi Arabia takes a qualifying military action against Iran by the specified date, 11:59 PM Iran Standard Time (IRST). 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 Iran. 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, artill

How to read this market

Each share pays $1 if its outcome happens. Buying December 31 at 13% risks 13¢ to win 87¢. Prices move with news and order flow, and thin markets can swing on small trades, so check volume and spread before treating a number as the crowd's view. See our guides to implied probability and how markets resolve.

Frequently asked questions

Who is favored in "Saudi Arabia military action against Iran by...?"?
As of November 6, 2026, December 31 is the favorite at 13.0%.
When does this market resolve?
The market is scheduled to close on December 31, 2026. It resolves under Polymarket's rules once the outcome is known, which can be earlier or later than the listed date.
How much has been traded?
$14K in total and $199 in the last 24 hours, with about $1K of resting liquidity.
Can I trade this market?
Polymarket restricts access by location; the US version (Polymarket US) and the offshore site have different rules and fee schedules. Check availability in your jurisdiction. BetG8 earns a referral fee from the Polymtrade links on this page.

Related on BetG8

Data: Polymarket Gamma and CLOB APIs, fetched by BetG8 at the time shown above. Venues may restrict access by location. 18+ only.