Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Kalshi Fees) Pick polygram.ink (preferred broker) |
82% | 18% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Place a position → |
Polymarket (direct) polymarket.com |
82% | 18% | 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 |
|---|---|
| Nicolás Maduro | 82% |
| Delcy Rodríguez | 9% |
| María Corina Machado | 3% |
| Edmundo González | 1% |
| No Head of State | 1% |
| Diosdado Cabello Rondón | 0% |
| Dinorah Figuera | 0% |
| Donald Trump | 0% |
| Vladimir Padrino López | 0% |
| Marco Rubio | 0% |
| Jorge Rodríguez | 0% |
| Pete Hegseth | 0% |
| Evan Pettus | 0% |
| Frank Donovan | 0% |
| Dan Caine | 0% |
| Richard Grenell | 0% |
| Leader 1 | 0% |
| Leader 2 | 0% |
| Leader 3 | 0% |
| Leader 4 | 0% |
| Leader 5 | 0% |
| Leader 6 | 0% |
| Leader 7 | 0% |
| Leader 8 | 0% |
| Leader 9 | 0% |
| Leader 10 | 0% |
| Leader 11 | 0% |
| Leader 12 | 0% |
| Leader 13 | 0% |
| Leader 14 | 0% |
| Leader 15 | 0% |
| Leader 16 | 0% |
| Leader 17 | 0% |
| Leader 18 | 0% |
| Leader 19 | 0% |
| Leader 20 | 0% |
| Leader 21 | 0% |
| Leader 22 | 0% |
| Leader 23 | 0% |
| Leader 24 | 0% |
| Leader 25 | 0% |
| Leader 26 | 0% |
| Leader 27 | 0% |
| Leader 28 | 0% |
| Leader 29 | 0% |
| Leader 30 | 0% |
| Leader 31 | 0% |
| Leader 32 | 0% |
| Leader 33 | 0% |
| Leader 34 | 0% |
| Leader 35 | 0% |
| Leader 36 | 0% |
| Leader 37 | 0% |
| Leader 38 | 0% |
| Leader 39 | 0% |
| Leader 40 | 0% |
| Other | 0% |
Market context
Venezuela’s head of state at year-end 2026 is the office that matters here, not the broader balance of power. Since Delcy Rodríguez was sworn in as interim president in January after Nicolás Maduro was removed, the base case for a programmatic trader is continuation unless there is a formal succession change, an election with an installed winner, or an official government/UN designation naming someone else by 31 December.[7][5][10]
The probability backdrop is more legible when compared with post-crisis transitions: once an interim leader is seated with military and institutional backing, markets usually price continuity heavily until there is a concrete trigger. Reuters reported in January that Rodríguez was moving to tighten her grip through loyalist appointments, while later reporting described her as still consolidating authority under pressure from domestic factions and Washington.[1][12] For a bot or conditional-order workflow, that means the main hazard is not day-to-day rhetoric but a formal change in status, especially if the Supreme Tribunal, National Assembly, or a negotiated transition revises the legal basis of her tenure.[15][16]
The catalyst stack traders should watch is therefore administrative rather than speculative: official decrees, swearing-in notices, National Assembly session schedules, Supreme Tribunal rulings, and any UN head-of-state listing if Caracas stays ambiguous. Reuters, NPR, and State Department material all indicate Rodríguez remains the recognised acting figure in 2026, but the June US statement about an institutional democratic transition shows that external actors are still engaged in a process that could alter the endpoint classification.[7][2][16] Programmatically, the cleanest approach is to key alerts to formal appointments and sworn-oath events, then cross-check them against official government releases and the UN fallback rule.
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
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
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.
- 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.
- 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.
Trade Venezuela leader end of 2026? on Kalshi Fees
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