Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Fees) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| Jay Collins | 100% |
| Candidate A | 50% |
| Candidate B | 50% |
| Candidate C | 50% |
| Candidate D | 50% |
| Candidate E | 50% |
| Candidate F | 50% |
| Other | 50% |
| Byron Donalds | 0% |
| Paul Renner | 0% |
| James Fishback | 0% |
| Jim Holcomb | 0% |
| Arthur Joseph McCaffrey | 0% |
| Daniel Nokovich | 0% |
| Rachel Rodriguez | 0% |
| James Walker Shaw | 0% |
| Caneste Succe | 0% |
| Bobby Williams | 0% |
Market context
Florida’s Republican primary for governor is now the real-world event behind the contract: a single winner emerges, and the market is about who finishes second under the stated vote-count rules. With Byron Donalds widely treated as the front-runner, the second-place question has centred on a smaller group of named contenders, especially Jay Collins, James Fishback and Paul Renner.[5][7][8][12]
The 100% implied probability suggests the market is effectively pricing the event as already locked in, which is consistent with a race where the winner and runner-up set-up became clearer as polling and media coverage narrowed to a few plausible finishers.[5][8][12] For programmatic users, the clean way to model this is as an ordered finish market rather than a simple binary: ingest candidate names, watch the latest vote-share proxies, and rank the field by expected valid votes, with the tie-break rule on surnames only relevant in an edge case. That makes the main risk not turnout theory, but late ballot errors or reporting quirks that could affect the official order.
The key catalysts are the primary itself on 18 August 2026, final turnout estimates, and any late campaign moves that alter the pecking order among the second-tier Republicans.[2][4][7] Recent coverage has pointed to Donalds as the clear favourite, while Collins, Renner and Fishback were the names most often linked to the fight for second place in the final stretch.[5][8][12] In a trading workflow, the sensible checks are the candidate list, county reporting pace on election night, and the official certification path if margins are close.
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 Kalshi Fees, which mirrors the Polymarket order book directly.
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'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.
- 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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