Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Fees) Pick polygram.ink (preferred broker) |
12% | 88% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
12% | 88% | 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 |
|---|---|
| UNRWA | 12% |
| Volodymyr Zelenskyy | 9% |
| Donald Trump | 7% |
| Yulia Navalnaya | 7% |
| Pope Leo XIV | 5% |
| Tamim bin Hamad Al Thani | 4% |
| Greta Thunberg | 2% |
| International Court of Justice | 2% |
| Narendra Modi | 2% |
| Julian Assange | 1% |
| Elon Musk | 1% |
| António Guterres | 1% |
| Khaled Mashal | 1% |
| Recep Tayyip Erdoğan | 1% |
| Xi Jinping | 1% |
| Ahmed al-Sharaa | 1% |
| Charlie Kirk | 1% |
| Mohammed bin Salman | 1% |
| Vladimir Putin | 0% |
| Benjamin Netanyahu | 0% |
| Person A | 0% |
| Person B | 0% |
| Person C | 0% |
| Person D | 0% |
| Person E | 0% |
| Person F | 0% |
| Person G | 0% |
| Person H | 0% |
| Person I | 0% |
| Person J | 0% |
| Person K | 0% |
| Person L | 0% |
| Person M | 0% |
| Person N | 0% |
| Person O | 0% |
| Person P | 0% |
| 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% |
| Other | 0% |
Market context
The Norwegian Nobel Committee will announce the 2026 Nobel Peace Prize winner in early October, a decision shaped by nominations submitted before the 31 January deadline. With 287 candidates shortlisted—208 individuals and 79 organisations—the field is unusually crowded, creating broad uncertainty ahead of the settlement window. Current crowd-implied probability sits at 8% YES, reflecting the difficulty of pinpointing a single recipient from such a diverse pool.
Historically, the prize has often favoured contemporary political actors, including controversial figures, as seen with Barack Obama in 2009. Recent odds from BetOnline.ag list Donald Trump as the frontrunner at 5/1, followed by Sudan’s Emergency Response Rooms and Médecins Sans Frontières at 8/1, while Nina Græger’s expert list highlights Mykola Kuleba and Save the Children as strong contenders[1][2]. This precedent suggests that a low probability like 8% may understate the chance of a high-profile individual winning, particularly given Trump’s current positioning.
Traders should monitor the nomination deadline on 31 January and the Nobel Committee’s October announcement schedule, as lobbying intensifies post-submission. A recent Newsweek report notes that the process likely includes significant lobbying, with Trump’s lead potentially shifting as new nominations emerge[1]. Programmatically, this market demands conditional orders tied to these dates, with copy-trading bots tracking shifts in expert lists like Græger’s to adjust positions before the October vote.
Methodology
We track Nobel Peace Prize Winner 2026 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
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
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 Kalshi Fees. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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.
- 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 Kalshi Fees trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
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