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Who will be the next Prime Minister of Israel after the next election?

"Who will be the next Prime Minister of Israel after the next election?" on Polymarket, Kalshi and Polymarket Legal UK — what traders need to know about platform choice, KYC and tax law.

Gadi Eizenkot 43% Benjamin Netanyahu 34% Naftali Bennett 10% Avigdor Lieberman 3% Volume: $26.9M Liquidity: $1.7M Closes: 31 Dec 2026
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Who will be the next Prime Minister of Israel after the next election?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Polymarket Legal UK) Pick
polygram.ink (preferred broker)
43% 57% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Trade this market →
Polymarket (direct)
polymarket.com
43% 57% 0% Geo-blocked in US/UK/EU USDC, on-chain Trade this market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Trade this market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Trade this market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Trade this market →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
Gadi Eizenkot43%
Benjamin Netanyahu34%
Naftali Bennett10%
Avigdor Lieberman3%
Itamar Ben Gvir1%
Yoaz Hendel1%
Yair Lapid0%
Benny Gantz0%
Yossi Cohen0%
Yair Golan0%
Gideon Sa’ar0%
Yariv Levin0%
Moshe Feiglin0%
Ayelet Shaked0%
Israel Katz0%
Nir Barkat0%
Amir Ohana0%
Gilad Erdan0%
Person G0%
Person H0%
Person I0%
Person J0%
Person K0%
Person L0%
Person M0%
Person N0%
Person O0%
Other0%

Market context

Israel's next parliamentary election is scheduled for 27 October 2026. This market resolves to whichever individual is formally sworn in as Prime Minister following that election, or any earlier election called before that date. The settlement window closes on 31 December 2026, allowing a two-month window for coalition formation and swearing-in after polling day. Interim or caretaker administrations do not trigger resolution; only a fully appointed Prime Minister counts.

The current 37% crowd probability reflects uncertainty around coalition arithmetic in a fragmented parliament. Historical precedent matters: Israeli governments since 2009 have required multi-party coalitions, with Prime Ministers typically emerging from the largest bloc rather than winning outright majorities. Benjamin Netanyahu's 2022 return to office after a year out illustrates how quickly political fortunes shift; Yair Lapid's 2021–2022 premiership showed that smaller parties can lead coalitions if arithmetic permits. The 2026 election occurs mid-term, suggesting dissatisfaction with the current government, though the identity of the largest post-election faction remains open.

Traders should monitor coalition negotiations in the weeks following 27 October 2026, as Israeli law permits 42 days for government formation before the President must extend the deadline. Key variables include the final seat distribution, whether the current coalition partners retain Knesset representation, and whether any major figures face legal obstacles to serving. Recent polling volatility and ongoing security developments will shape campaign momentum through 2026. The German GlüStV and US CFTC frameworks apply to cross-border trading; UK-based traders under £1,500 exposure typically face reduced KYC requirements on this market, though verification may still apply depending on operator jurisdiction.

Methodology

This overview of Who will be the next Prime Minister of Israel after the next election? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.

Resolution & payout

On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.

FAQ

Is Polymarket legal in my country?
Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Polymarket Legal UK has a different geo footprint.
Do I need to KYC for Polymarket Legal UK?
Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
What happens during a tax audit?
You're responsible for documenting your trades. Polymarket Legal UK exports a full transaction history (CSV/PDF) for tax reporting. In an audit you'll need to present these documents.
Are prediction markets gambling?
Legally unclear in most jurisdictions. Some interpretations classify them as wagering (gambling regulation applies), others as derivatives (financial regulation applies). There's no global precedent specifically for on-chain prediction markets.
Is there a withdrawal cap?
No platform-side cap. You can withdraw any amount provided KYC is complete. SEPA bank withdrawals over €15,000 trigger additional anti-money-laundering checks (statutory obligation for all platforms).
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Related Topics

Israel Prediction Markets