Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Prediction Market UK) Pick polygram.ink (preferred broker) |
20% | 80% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
20% | 80% | 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 |
|---|---|
| JD Vance | 20% |
| Marco Rubio | 14% |
| Gavin Newsom | 12% |
| Alexandria Ocasio-Cortez | 7% |
| Jon Ossoff | 7% |
| Kamala Harris | 4% |
| Josh Shapiro | 3% |
| Pete Buttigieg | 2% |
| Tucker Carlson | 2% |
| Wes Moore | 1% |
| Gretchen Whitmer | 1% |
| Andy Beshear | 1% |
| Glenn Youngkin | 1% |
| Stephen Smith | 1% |
| JB Pritzker | 1% |
| Tulsi Gabbard | 1% |
| Donald Trump | 1% |
| Donald Trump Jr. | 1% |
| Nikki Haley | 1% |
| Ron DeSantis | 1% |
| Tim Walz | 1% |
| Vivek Ramaswamy | 1% |
| Greg Abbott | 1% |
| Elon Musk | 1% |
| LeBron James | 1% |
| Dwayne 'The Rock' Johnson | 1% |
| Kim Kardashian | 1% |
| Ivanka Trump | 1% |
| Zohran Mamdani | 1% |
| Michelle Obama | 1% |
| Jamie Dimon | 1% |
| Ro Khanna | 1% |
| Thomas Massie | 1% |
| James Talarico | 1% |
| Eric Trump | 1% |
| Pete Hegseth | 1% |
| Jalen Brunson | 1% |
| 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% |
| Person AA | 0% |
| Person AB | 0% |
| Person AC | 0% |
| Person AD | 0% |
| Person AE | 0% |
| Person AF | 0% |
| Person AG | 0% |
| Person AH | 0% |
| Person AI | 0% |
| Person AJ | 0% |
| Person AK | 0% |
| Person AL | 0% |
| Person AM | 0% |
| Person AN | 0% |
| Person AO | 0% |
| Person AP | 0% |
| Person AQ | 0% |
| Person AR | 0% |
| Person AS | 0% |
| Person AT | 0% |
| Person AU | 0% |
| Person AV | 0% |
| Person AW | 0% |
| Person AX | 0% |
| Person AY | 0% |
| Person AZ | 0% |
| Person BA | 0% |
| Person BB | 0% |
| Person BC | 0% |
| Person BD | 0% |
| Person BE | 0% |
| Person BF | 0% |
| Person BG | 0% |
| Person BH | 0% |
| Person BI | 0% |
| Person BJ | 0% |
| Person BK | 0% |
| Person BL | 0% |
| Person BM | 0% |
| Person BN | 0% |
| Person BO | 0% |
| Person BP | 0% |
| Person BQ | 0% |
| Person BR | 0% |
| Person BS | 0% |
| Person BT | 0% |
| Person BU | 0% |
| Person BV | 0% |
| Person BW | 0% |
| Person BX | 0% |
| Person BY | 0% |
| Person BZ | 0% |
| Person CA | 0% |
| Person CB | 0% |
| Person CC | 0% |
| Person CD | 0% |
| Person CE | 0% |
| Person CF | 0% |
| Person CG | 0% |
| Person CH | 0% |
| Person CI | 0% |
| Person CJ | 0% |
| Person CK | 0% |
| Person CL | 0% |
| Person CM | 0% |
| Person CN | 0% |
| Person CO | 0% |
| Person CP | 0% |
| Person CQ | 0% |
| Person CR | 0% |
| Person CS | 0% |
| Person CT | 0% |
| Person CU | 0% |
| Person CV | 0% |
| Person CW | 0% |
| Person CX | 0% |
| Person CY | 0% |
| Person CZ | 0% |
| Person DA | 0% |
| Person DB | 0% |
| Other | 0% |
Market context
The United States will hold its 61st presidential election on 7 November 2028, with the winner sworn in on 20 January 2029. In this prediction market, a YES share pays out if a specific candidate wins the presidency, while a NO share pays out if they do not. The current crowd-implied probability sits at 20% for the named candidate, reflecting early uncertainty roughly two years before the vote.
Historical cycles suggest presidential outcomes often swing back toward the centre after extended periods of one-party dominance. In 2024, Donald Trump secured a non-consecutive second term, continuing a pattern of political pendulum swings where voters react to prevailing conditions and the country moves back toward balance[1][8]. Comparable elections show that early probabilities can shift dramatically as primary contests narrow and the general election field solidifies, meaning a 20% figure today is not a fixed forecast but a snapshot of current sentiment.
Traders should monitor key catalysts including the Democratic primary schedule, campaign finance disclosures, and emerging policy debates on AI wealth distribution, which are gaining traction among major parties[3]. Gavin Newsom, widely considered a frontrunner for the Democratic nomination, has championed data dividends and universal basic capital, while Elizabeth Warren and Bernie Sanders propose taxes on tech billionaires to fund social services[3]. As the 270 electoral votes required to win remain the decisive metric, shifts in state-level polling and candidate announcements will be critical dependencies for adjusting the probability[5][9]. Campaign finance data from the FEC will also provide early signals on which contenders are building viable operations[6].
Methodology
This page reviews Presidential Election Winner 2028 across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to Prediction Market UK, which mirrors the Polymarket order book at 0% fees.
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
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Prediction Market UK. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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 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.
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