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 |
|---|---|
| Chuck Gray | 100% |
| Candidate A | 50% |
| Candidate B | 50% |
| Candidate C | 50% |
| Candidate D | 50% |
| Candidate E | 50% |
| Other | 50% |
| Jillian Balow | 0% |
| Bo Biteman | 0% |
| Frank Chapman | 0% |
| Kevin Christensen | 0% |
| Richard Dodson | 0% |
| Steve Friess | 0% |
| David Giralt | 0% |
| Keith Goodenough | 0% |
| Reid Rasner | 0% |
| John Romero-Martinez | 0% |
Market context
Wyoming's single at-large House seat will see a Republican primary contest on 18 August 2026, with the winning nominee positioned as the overwhelming favourite in the general election given the state's strong Republican lean. The 100% implied probability reflects the near-certainty that a Republican nominee will be formally announced before the 3 November 2026 deadline, rather than confidence in any particular candidate's identity at this stage.
Historical precedent suggests Wyoming Republican primaries rarely produce surprises at the nomination stage. The state's primary electorate is relatively stable and concentrated; incumbent Representative Harriet Hageman won her 2022 primary with 66% of the vote against a fractured field. Comparable open-seat races in reliably Republican states typically see establishment-backed candidates or those with prior statewide visibility secure nominations without extended uncertainty. The 100% reading should be interpreted as market confidence that the Republican Party machinery will execute a standard nomination process, not as prediction of a specific candidate outcome.
Traders monitoring this market should track candidate announcements through Q3 and Q4 2025, when serious contenders typically declare. Wyoming's small donor base and media market mean early endorsements from state party figures, the outgoing representative, and national Republican committees carry disproportionate weight in shaping primary dynamics. The RNC's official nominee announcement will serve as the settlement trigger; any scenario involving a contested or delayed nomination process remains possible but historically uncommon in Wyoming's Republican politics.
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
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
- 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.
- 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.
- 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.
Trade WY-AL Republican Primary Winner on Kalshi Fees
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