Polymarket is an order-book market: the price is whatever two traders agree on, and a share that settles at $1 quotes as a probability directly.
Polymarket's taker fee is a fraction of a percent, which makes its headline quote very close to the all-in cost and often the cheapest of the exchanges in the middle of the price range.
Polymarket runs deep liquidity on headline games and much thinner books on the rest of the slate, and its player-prop coverage is still filling in — check the size behind a quote, not just the quote.
Polymarket's edges tend to be largest on games the order book is actively trading and unreliable on markets where almost nobody is quoting.