Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Fees) Pick polygram.ink (preferred broker) |
37% | 63% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
37% | 63% | 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 |
|---|---|
| None | 37% |
| IA | 11% |
| IA, KS | 6% |
| All 7 | 4% |
| KS | 3% |
| AK, IA, KS, ME, OH, TX | 2% |
| AK, IA, KS | 2% |
| IA, KS, ME | 2% |
| AK, IA | 2% |
| IA, ME | 2% |
| AK | 2% |
| ME | 2% |
| AK, IA, KS, ME, MI, OH | 1% |
| AK, IA, KS, MI, OH, TX | 1% |
| IA, KS, ME, MI, OH, TX | 1% |
| AK, IA, KS, ME, OH | 1% |
| AK, IA, KS, ME, TX | 1% |
| AK, IA, KS, OH, TX | 1% |
| IA, KS, ME, OH, TX | 1% |
| IA, KS, MI, OH, TX | 1% |
| AK, IA, KS, ME | 1% |
| AK, IA, KS, OH | 1% |
| AK, IA, KS, TX | 1% |
| AK, KS, OH, TX | 1% |
| IA, KS, ME, OH | 1% |
| IA, KS, ME, TX | 1% |
| IA, KS, MI, OH | 1% |
| IA, KS, OH, TX | 1% |
| AK, IA, ME | 1% |
| IA, KS, MI | 1% |
| IA, KS, OH | 1% |
| IA, KS, TX | 1% |
| IA, ME, TX | 1% |
| AK, KS | 1% |
| IA, MI | 1% |
| IA, OH | 1% |
| IA, TX | 1% |
| KS, OH | 1% |
| MI | 1% |
| OH | 1% |
| TX | 1% |
| AK, IA, KS, ME, MI, TX | 0% |
| AK, IA, ME, MI, OH, TX | 0% |
| AK, KS, ME, MI, OH, TX | 0% |
| AK, IA, KS, ME, MI | 0% |
| AK, IA, KS, MI, OH | 0% |
| AK, IA, KS, MI, TX | 0% |
| AK, IA, ME, MI, OH | 0% |
| AK, IA, ME, MI, TX | 0% |
| AK, IA, ME, OH, TX | 0% |
| AK, IA, MI, OH, TX | 0% |
| AK, KS, ME, MI, OH | 0% |
| AK, KS, ME, MI, TX | 0% |
| AK, KS, ME, OH, TX | 0% |
| AK, KS, MI, OH, TX | 0% |
| AK, ME, MI, OH, TX | 0% |
| IA, KS, ME, MI, OH | 0% |
| IA, KS, ME, MI, TX | 0% |
| IA, ME, MI, OH, TX | 0% |
| KS, ME, MI, OH, TX | 0% |
| AK, IA, KS, MI | 0% |
| AK, IA, ME, MI | 0% |
| AK, IA, ME, OH | 0% |
| AK, IA, ME, TX | 0% |
| AK, IA, MI, OH | 0% |
| AK, IA, MI, TX | 0% |
| AK, IA, OH, TX | 0% |
| AK, KS, ME, MI | 0% |
| AK, KS, ME, OH | 0% |
| AK, KS, ME, TX | 0% |
| AK, KS, MI, OH | 0% |
| AK, KS, MI, TX | 0% |
| AK, ME, MI, OH | 0% |
| AK, ME, MI, TX | 0% |
| AK, ME, OH, TX | 0% |
| AK, MI, OH, TX | 0% |
| IA, KS, ME, MI | 0% |
| IA, KS, MI, TX | 0% |
| IA, ME, MI, OH | 0% |
| IA, ME, MI, TX | 0% |
| IA, ME, OH, TX | 0% |
| IA, MI, OH, TX | 0% |
| KS, ME, MI, OH | 0% |
| KS, ME, MI, TX | 0% |
| KS, ME, OH, TX | 0% |
| KS, MI, OH, TX | 0% |
| ME, MI, OH, TX | 0% |
| AK, IA, MI | 0% |
| AK, IA, OH | 0% |
| AK, IA, TX | 0% |
| AK, KS, ME | 0% |
| AK, KS, MI | 0% |
| AK, KS, OH | 0% |
| AK, KS, TX | 0% |
| AK, ME, MI | 0% |
| AK, ME, OH | 0% |
| AK, ME, TX | 0% |
| AK, MI, OH | 0% |
| AK, MI, TX | 0% |
| AK, OH, TX | 0% |
| IA, ME, MI | 0% |
| IA, ME, OH | 0% |
| IA, MI, OH | 0% |
| IA, MI, TX | 0% |
| IA, OH, TX | 0% |
| KS, ME, MI | 0% |
| KS, ME, OH | 0% |
| KS, ME, TX | 0% |
| KS, MI, OH | 0% |
| KS, MI, TX | 0% |
| KS, OH, TX | 0% |
| ME, MI, OH | 0% |
| ME, MI, TX | 0% |
| ME, OH, TX | 0% |
| MI, OH, TX | 0% |
| AK, ME | 0% |
| AK, MI | 0% |
| AK, OH | 0% |
| AK, TX | 0% |
| KS, ME | 0% |
| KS, MI | 0% |
| KS, TX | 0% |
| ME, MI | 0% |
| ME, OH | 0% |
| ME, TX | 0% |
| MI, OH | 0% |
| MI, TX | 0% |
| OH, TX | 0% |
Market context
Which Senate Swing States will Republicans win?. The market is currently pricing the outcome at 2% YES, meaning crowd-implied probability sits at that level. Settlement is scheduled for 2026-11-03T23:59:00Z. Unlike a sportsbook, the price you see is set by buyers and sellers competing in a live order book — there is no house edge or bookmaker margin to fade.
Political prediction markets price specific outcomes — a candidate winning, a bill passing, an executive action announced — based on real capital from informed traders rather than survey response rates. They tend to update faster than polls when a discrete event lands and slower in the absence of news.
Watch for the underlying catalysts that move this category: each official announcement, dataset release, or scheduled milestone generally produces a step change in the implied probability. Trades execute instantly on Polygon, and shares pay $1 each at resolution if your side wins.
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
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.
- 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.
- 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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