Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi UK) Pick polygram.ink (preferred broker) |
82% | 18% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
82% | 18% | 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 |
|---|---|
| Donavan McKinney | 82% |
| Shri Thanedar | 19% |
| Shelby Campbell | 0% |
| Anthony Carbonaro | 0% |
| Nazmul Hassan | 0% |
| Other | 0% |
| Person A | 0% |
| Person B | 0% |
| Person C | 0% |
| Person D | 0% |
| Person E | 0% |
| Person F | 0% |
| Person G | 0% |
| Person H | 0% |
| Person I | 0% |
| Person J | 0% |
| Person K | 0% |
| Person L | 0% |
| Person M | 0% |
| Person N | 0% |
| Person O | 0% |
| Person P | 0% |
| Person Q | 0% |
| Person R | 0% |
| Person S | 0% |
| Person T | 0% |
| Person U | 0% |
| Person V | 0% |
| Person W | 0% |
| Person X | 0% |
| Person Y | 0% |
| Person Z | 0% |
Market context
Polymarket is pricing **MI-13 Democratic Primary Winner** at **18% YES** for the contract currently tied to the nominee race in Michigan’s 13th District, where the winner of the **August 4, 2026** Democratic primary will be the party’s House candidate. On Polymarket, the position settles in **USDC** on **Polygon** through conditional tokens, so the price reflects the market’s view of who will be the official Democratic nominee, not merely who leads in polls or news coverage.[5][12]
That 18% level sits well below the latest trader consensus reported on comparable election markets, which has shifted toward **Donavan McKinney** as the race narrowed to a two-candidate contest against incumbent **Shri Thanedar** after other candidates were disqualified.[1][4][7] Publicly available market snapshots have shown McKinney ahead and Thanedar second, with Thanedar’s earlier fundraising edge still relevant but no longer enough to keep him the clear favourite.[5][11] For context, Thanedar won the 2024 Democratic primary in the district, so an incumbent path exists, but current market pricing is reading the 2026 contest as much tighter and more competitive than a routine re-election.[3][5]
The main catalysts are straightforward: primary-day turnout, any late campaign spending push, and any official updates from party or election administrators on ballot status or certification. Because the market resolves on the **Democratic nominee** as confirmed by official Democratic sources, traders should watch for announcements that could affect who is treated as the winner, and note that any replacement after election day does **not** change resolution.[5] Recent local coverage has also highlighted MI-13 as one of the state’s key August 4 primary races, keeping attention on the final stretch rather than on the general election field.[7]
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 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Kalshi UK trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- 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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