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Live settlement-risk ratings

Every standalone live contract. Complete Kalshi and Polymarket scans on one 0–100 clarity scale; lower is clearer. Multi-leg Kalshi combinations remain excluded until a composite methodology is validated.

Rated universe
standalone live contracts
Kalshi
open standalone markets
Polymarket
order-accepting markets
Average rating
volume-weighted score
Elevated-risk tier
BR-A, BR-Baa, and BR-Ba
Highest live score
current Risk 10 leader
Complete universe scan Brierly Board

Risk 10 / Clear 10

The exact highest- and lowest-scoring markets in the latest complete scan.

Risk 10Highest settlement-risk scores
Clear 10Lowest settlement-risk scores
Loading the latest complete Kalshi and Polymarket scan…Exact markets · score ties by 24h volume.
01 · RETRIEVE

Read the live contract

Current title, full rules text, designated source, and venue are normalized into one rating input.

02 · TEST

Require evidence, then score risk

Missing operative terms set floors. Language hazards, gated safeguards, and subject contest risk are published separately.

03 · PUBLISH

Make the grade reproducible

Every rating carries its engine version and a SHA-256 receipt. The same input produces the same score.

Look up a live market

search the live index by title, event, ticker, or keywords; exact market pages rate current rules on request
Rated on request

Live market explorer

high-activity sample for browsing · use lookup for markets outside this view
Up to 60 live events
How to read the BR-Aaa → BR-Ba scalefive notches, one 0–100 settlement-risk score
BR-AaaExceptionally clear settlement termsScore 0–9 · 1.8% in-sample escalated-dispute share
BR-AaLow settlement riskScore 10–15 · 5.9% in-sample escalated-dispute share
BR-AMeaningful ambiguity — settlement plausibly contestedScore 16–23 · 7.2% in-sample escalated-dispute share
BR-BaaUnresolved ambiguities or missing structural evidenceScore 24–49 · 24.1% in-sample escalated-dispute share
BR-BaHigh settlement risk — language matching documented failuresScore 50–100 · 48.5% in-sample escalated-dispute share

A worse notch has a higher in-sample escalated-dispute share in the historical calibration corpus. These are calibration statistics, not prospectively validated failure probabilities. Full scale, evidence, weights, and limitations →

Why grades exist

Brierly's generated 2026 census contains 1,595 disputed-market records. Brierly classifies 80 as hard-failure outcomes: 44 50/50 resolutions and 36 escalated overturns. RuleScore rated 79 of those 80 records; one lacked retrievable rules text. The 80 records sum to $201.4M in reported trading volume—not capital lost, destroyed, or at risk. See the Dispute Database for classifications and limitations.

Drafting your own contract language? The RuleReview runs this exact rubric on any text, in your browser.

Rules-change alerts

One email when a covered market's rules text changes or a grade crosses a band — a scheduled scan hashes the whole covered universe. One-click unsubscribe.