PolymarketCloses · in 4 daysPart of Saudi Arabia military action against Yemen on...? →

Saudi Arabia military action against Yemen on October 23?

Current price

75¢

+18.5¢ · 24h

Implied probability 75%
$5.7K total volume · YES/NO

7-day range 55.5–82.5¢

Medium gotcha risk

Gotcha risk — resolution-rule assessment

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Resolution relies on building a consensus across official claims from Saudi Arabia, Yemen, the Houthis, and credible media reporting, rather than pointing to a single official data feed. This leaves substantial discretion to the decider when verifying attribution and weapon types. Additionally, there are numerous specific weapon exclusions, such as intercepted munitions, rocket artillery, mortars, and short-range loitering drones, meaning an attack could occur but fail to qualify under these technical distinctions. If reports conflict, the market incorporates a three-day waiting window before evaluating the totality of evidence.

Wording ambiguity
Med
Source discretion
High
Timing risk
Low
Exceptional clauses
Med

Liquidity

Low — thin book

Thin book — large orders will move this price. At the daily check: a spread of 5¢ or more (or none quoted), or less than $2K within 5¢ of the mid.

Book depth $2K within 5¢ of mid
Price history range

Price history

Market price
65¢70¢75¢80¢85¢00:0106:1112:2118:31
50¢60¢70¢80¢90¢Oct 12Oct 15Oct 17Oct 19
50¢60¢70¢80¢Oct 12Oct 15Oct 17Oct 19

Why it moved

No big moves in the last 7 days.

Resolution rules

This market will resolve to “Yes” if Saudi Arabia takes a qualifying military action against Yemen on the specified date, Yemen Standard Time. 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 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 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, 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 Yemen do not constitute a military action regardless of any damage incurred. “Yemen” refers to the terrestrial territory of Yemen, including its internal waters. Yemen’s maritime territory and airspace are not encompassed. Where territorial borders are disputed, all territory claimed by and under the de facto control of Yemen 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 (Yemen Standard Time) 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 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 governments and militaries of Saudi Arabia and Yemen, the Houthis, and a consensus of credible reporting.

Rules history

Rules history is not displayed yet.

Market explained

This market measures whether the armed forces of Saudi Arabia conduct a qualifying air or surface-to-surface missile strike that directly impacts terrestrial Yemen on October 23, Yemen Standard Time.

How it resolves

The market resolves to Yes if Saudi Arabian armed forces execute an air strike or surface-to-surface missile strike directly impacting Yemen's land territory or internal waters on October 23 (Yemen Standard Time). Intercepted munitions, debris, ground incursions, artillery, small arms, cyber actions, proxy forces, and strikes on maritime areas or airspace do not count. The market resolves to No if no such qualifying strike occurs. Resolution is determined primarily by official statements from Saudi Arabia, Yemen, the Houthis, and a consensus of credible reporting.

Key dates

  • Target Date: — Date on which the qualifying strike must occur, measured in Yemen Standard Time.

Resolution source

Official information from the governments and militaries of Saudi Arabia and Yemen, the Houthis, and a consensus of credible reporting

AI-generated analysis · google/gemini-3.7-flash ·

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