What the score compares
The comparison is not a pure liquidity table. I weigh market quality against the actual user journey: registration, payment methods, local restrictions, welcome value, event variety, language clarity, and the discipline of the terms. That is why betting-led products can rank above exchanges even when the exchanges produce cleaner probability signals.
How to read the risk column
The risk column flags the first issue I would check before depositing. For Polymarket and Kalshi, that usually means access, spreads, rule text, and settlement. For Stake, BC.Game, and N1 Bet, it means operator terms, bonus conditions, KYC, withdrawal routes, and whether prediction-style events have enough public history to trust repeated settlement.