Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Bot UK) Pick polygram.ink (preferred broker) |
95% | 5% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
95% | 5% | 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 |
|---|---|
| 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 | 3% |
| Giles Watling | 0% |
| Jovan Owusu-Nepaul | 0% |
| Matthew Bensilum | 0% |
| Natasha Osben | 0% |
| Tony Mack | 0% |
| Andrew Pemberton | 0% |
Market context
Nigel Farage, leader of Reform UK, has resigned as the MP for Clacton, triggering an imminent by-election in this Essex coastal constituency. The 95% crowd-implied probability that Farage or his party will win reflects the seat’s strong alignment with populist-right politics, a trend cemented in the 2024 general election where Farage secured 21,225 votes against the Conservative candidate’s 12,820[5]. Historically, Clacton has rarely changed hands; the 2014 by-election saw the Conservatives retain the seat despite a local backlash, but Farage’s 2024 landslide reshaped the demographic calculus[6]. Comparable cases like Douglas Carswell’s 2010 win for UKIP show that non-traditional parties can dominate here, yet Farage’s personal brand and Reform’s organisational depth now make a 95% win probability a rational, data-backed assessment rather than speculation[3].
Traders approaching this market programmatically should monitor three catalysts: the official date of the by-election announcement, the nomination of Farage’s successor (or his potential return), and local polling data from Tendring District Council. Recent reporting from The Independent notes that Farage’s resignation was strategic, aiming to “reset” Reform’s national image, which suggests he may not run personally but will ensure a loyal successor wins[1]. Conditional orders or copy-trading bots should be set to trigger on news of candidate nominations, as ambiguity here could shift probabilities. The settlement window ending 30 June 2027 provides ample time, but any delay in official results beyond this date would resolve the market to “Other”, a risk that algorithmic strategies must hedge against by weighting official Tendring Council publications as the primary resolution source[2]. Sky News’ local reporting confirms community readiness, reinforcing the high probability of a swift, decisive outcome[7].
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to Polymarket Bot UK, which mirrors the Polymarket order book directly.
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.
- 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.
Trade Clacton by-election Winner on Polymarket Bot UK
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