Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi UK) Pick polygram.ink (preferred broker) |
95% | 5% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
95% | 5% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Nigel Farage | 95% |
| Person B | 50% |
| Person C | 50% |
| Person D | 50% |
| Person E | 50% |
| Person F | 50% |
| Person G | 50% |
| Person H | 50% |
| Person I | 50% |
| Person J | 50% |
| Person K | 50% |
| Person L | 50% |
| Person M | 50% |
| Person N | 50% |
| Person O | 50% |
| Person P | 50% |
| Person Q | 50% |
| Person R | 50% |
| Person S | 50% |
| Person T | 50% |
| Person U | 50% |
| Person V | 50% |
| Person W | 50% |
| Person X | 50% |
| Person Y | 50% |
| Person Z | 50% |
| Person AA | 50% |
| Person AB | 50% |
| Person AC | 50% |
| Person AD | 50% |
| Person AE | 50% |
| Person AF | 50% |
| Person AG | 50% |
| Person AH | 50% |
| Person AI | 50% |
| Person AJ | 50% |
| Person AK | 50% |
| Person AL | 50% |
| Person AM | 50% |
| Person AN | 50% |
| Person AO | 50% |
| Person AP | 50% |
| Person AQ | 50% |
| Person AR | 50% |
| Other | 50% |
| Count Binface | 5% |
| Giles Watling | 0% |
| Jovan Owusu-Nepaul | 0% |
| Matthew Bensilum | 0% |
| Natasha Osben | 0% |
| Tony Mack | 0% |
| Andrew Pemberton | 0% |
Market context
Clacton by-election Winner — current market-implied probability: 95%. A by-election for the United Kingdom parliamentary constituency of Clacton is expected to be held soon following the announced resignation of incumbent Nigel Farage. This market will resolve accordin…
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
Resolution & payout
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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