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.

Do I need to KYC for this market?

On Polymarket directly, no — it's wallet-based. Intermediary brokers like Prediction Market 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.

Clacton by-election: 2nd place | Prediction Market — market: 92% Yes

Name: Clacton by-election: 2nd place
Start: 2026-07-08T01:54:28.672Z
End: 2026-08-13T16:00:00.000Z

Platform comparison

Platform	YES odds	NO odds	Fee	KYC	Settlement
Polymarket (via Prediction Market UK) Pick polygram.ink (preferred broker)	92%	8%	0% (USDC on-chain)	No-KYC up to $1,500	USDC, auto via UMA oracle	See live odds →
Polymarket (direct) polymarket.com	92%	8%	0%	Geo-blocked in US/UK/EU	USDC, on-chain	See live odds →
Kalshi kalshi.com	—	—	Up to 7% per trade	US-only, KYC required	USD	See live odds →
Betfair Exchange betfair.com	—	—	2-5% commission	Full KYC from first trade	GBP / EUR	See live odds →
Manifold Markets manifold.markets	—	—	Play-money (mana)	None — play-money	Mana (no cash-out)	See live odds →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

Outcome	Probability
Count Binface	92%
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%
Laurence Fox	4%
Nigel Farage	2%
William Clouston	2%
Kai Stephens	1%
John Stevens	1%
Giles Watling	0%
Jovan Owusu-Nepaul	0%
Matthew Bensilum	0%
Natasha Osben	0%
Tony Mack	0%
Andrew Pemberton	0%
Piers Corbyn	0%
Adham Alkhatip	0%
Rees Cowne	0%
Luke Worley	0%
Pamela Walford	0%

Market context

Based on real-money crowd forecasting, clacton by-election: 2nd place stands at 92% likelihood according to current market consensus. 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 w…

Methodology

We track Clacton by-election: 2nd place across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.

Resolution & payout

Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.

Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.

FAQ

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.
Do I need to KYC for this market?: On Polymarket directly, no — it's wallet-based. Intermediary brokers like Prediction Market 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.

Oliver HughesBlockchain & Crypto Reporterand

Emma RobertsFinancial Journalist

Trade Clacton by-election: 2nd place on Prediction Market UK

Live order book, 0% fees, USDC settlement in seconds.

Open live market →

Clacton by-election: 2nd place

Platform comparison

Outcome probabilities

Market context

Methodology

Resolution & payout

FAQ

Trade Clacton by-election: 2nd place on Prediction Market UK

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