Will Iran target a Arab country on August 26, 2026?
Crossbook compares what two exchanges, Polymarket and Kalshi, charge for the same event, and publishes a permanent scored record of its own forecasts under published rules.
Tracked on one venue, with Crossbook's own call on the record.
Bid/ask midpoint · retrieved 2026-08-27T03:55:05.916Z. Venue quote-update time is unavailable. Readings can be asynchronous.
3.0%bid 1.0% / ask 5.0%24h volume $2K · liquidity $15Kas of 27 Aug, 03:55 UTC · not refreshed recentlyView on PolymarketPrice, last 60 days
Crossbook forecast
- 4.1%against a market price of 7.5% at the timeNO
Logged 23 Aug 2026, 14:34 UTC · Brier 0.0017
- The qualifying set is broad and includes Iraq, Syria, Yemen and Lebanon, where Iran has plausible targets and prior missile activity, so the rate is above a naive ‘Iran attacks an Arab state’ baseline; however proxies, drones unless counted as air strikes, and non-Arab Israel do not qualify.
- Time-decay is material: with only four days to a single AST calendar date, the absence in the prompt of confirmed mobilization, NOTAMs, evacuations or explicit timed threats keeps the estimate near a crisis-adjusted prior rather than a war-footing probability.
- My independent estimate is below the 7.5% market price; the divergence is plausibly a named-date/rumor premium or information I do not have, but the narrow resolution window argues against paying too much for vague tension.
What would change it: Credible evidence before Aug 25 AST of timed Iranian strike preparations—IRGC missile dispersal, airspace closures, embassy/base evacuations, or an explicit threat for Aug 26—would sharply raise the estimate, while quiet through Aug 25 would push it toward the low base rate.
Settlement sourcet-0048
Polymarket prices this at 3.0%. No verified equivalent is currently listed on the other venue, so there is no cross venue comparison on this page.
Volume over the last 24 hours is thin, at about $2,072 on the busier venue.
This market has settled. The page is kept as a record of what the market said while the question was open, and of what Crossbook called.
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