Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Bot UK) Pick polygram.ink (preferred broker) |
51% | 49% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
51% | 49% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Place a position → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Place a position → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Place a position → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Place a position → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Shabana Mahmood | 51% |
| 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% |
| Other | 50% |
| Ed Miliband | 17% |
| Yvette Cooper | 11% |
| Pat McFadden | 8% |
| Wes Streeting | 3% |
| Darren Jones | 1% |
| No next Chancellor in 2026 | 1% |
| Torsten Bell | 0% |
| John Healey | 0% |
| Louise Haigh | 0% |
| Miatta Fahnbulleh | 0% |
Market context
Next UK Chancellor of the Exchequer in 2026? — current market-implied probability: 51%. This market will resolve to the next individual who is officially appointed as the next Chancellor of the Exchequer of the United Kingdom by December 31, 2026, 11:59 PM ET. To count for resolution, t…
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.
- 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 fast are USDC deposits?
- Polygon credits deposits after 12 confirmations — usually under 30 seconds. Withdrawals follow the same path and land back in your wallet within minutes.
- 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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