Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
PolyGram Pick polygram.ink |
68% | 32% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on PolyGram → |
Polymarket polymarket.com |
68% | 32% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on PolyGram → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on PolyGram → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on PolyGram → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on PolyGram → |
Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on PolyGram.
Active sub-markets
| Andy Burnham | 68% YES | 33% NO |
| Simon Finkelstein | 0% YES | 100% NO |
| Maria Deery | 0% YES | 100% NO |
| Rebecca Shepherd | 7% YES | 93% NO |
| Candidate C | — | |
| Candidate E | — | |
Market context
A parliamentary by-election is expected in Makerfield after the resignation of incumbent Josh Simons, with the winner taking the constituency seat in the UK House of Commons. In a prediction market, a YES share pays out if the named outcome happens and a NO share pays out if it does not, so a 68% YES price implies the crowd sees Labour’s victory as the most likely result but far from certain. The market settles on the candidate who actually wins the by-election, with official results used if there is any dispute.
Makerfield is a Labour seat, so the starting point is usually the party’s local strength rather than a national swing model alone. Electoral Calculus has the seat as Labour-held, while market commentary this month has treated it as a likely Labour defence rather than a free-for-all. That helps explain why the probability is well above 50%: in by-elections, incumbency effects disappear, but deep party loyalty and local campaigning often matter more than national headlines. A 68% price is consistent with a seat that should hold, yet remains vulnerable to turnout, protest voting and any candidate-specific issue.
The main catalysts to watch are the by-election timetable, the candidate list and any late shifts in local or national sentiment. A formal date has not yet been fixed, but the contest is expected before the market’s June settlement window closes. Recent reporting from MUFG Research on 15 May highlighted Makerfield as a pivotal by-election, noting that prediction markets had Labour as favourite but also pointing to the political noise created by the local election fallout and broader leadership speculation. If Labour selects a candidate quickly and the campaign stays orderly, that supports the current YES price; delays, tactical voting or an unexpectedly strong opposition campaign could narrow it.
Methodology
This page reviews Makerfield by-election Winner across five venues. We show live odds for Polymarket-based markets (sourced from the Polygon order book); for other venues we list platform attributes, since the comparable contracts are not exposed via a public API on every venue. Every CTA points at PolyGram — the application we operate, where you trade directly against the Polymarket order book at 0% fees.
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
- Where can I trade this market with the lowest fees?
- On PolyGram, which mirrors the Polymarket order book at 0% fees. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- PolyGram is available in most jurisdictions where Polymarket isn't directly accessible. Polymarket itself is geo-blocked in the US/UK/EU. Always check local regulations.
- 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.
- 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?
- Not under $1,500 of lifetime trading volume. Above that threshold, PolyGram triggers a quick verification flow that finishes in minutes.
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