Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Legal UK) Pick polygram.ink (preferred broker) |
50% | 50% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
50% | 50% | 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.
| Outcome | Probability |
|---|---|
| Candidate U | 50% |
| Candidate V | 50% |
| Candidate W | 50% |
| Candidate X | 50% |
| Candidate Y | 50% |
| Candidate Z | 50% |
| Candidate AA | 50% |
| Candidate AB | 50% |
| Candidate AC | 50% |
| Candidate AD | 50% |
| Candidate AE | 50% |
| Candidate AF | 50% |
| Candidate AG | 50% |
| Candidate AH | 50% |
| Candidate AI | 50% |
| Candidate AJ | 50% |
| Candidate AK | 50% |
| Candidate AL | 50% |
| Candidate AM | 50% |
| Candidate AN | 50% |
| Candidate AO | 50% |
| Candidate AP | 50% |
| Candidate AQ | 50% |
| Candidate AR | 50% |
| Candidate AS | 50% |
| Candidate AT | 50% |
| Candidate AU | 50% |
| Candidate AV | 50% |
| Candidate AW | 50% |
| Candidate AX | 50% |
| Candidate AY | 50% |
| Candidate AZ | 50% |
| Candidate BA | 50% |
| Candidate BB | 50% |
| Candidate BC | 50% |
| Candidate BD | 50% |
| Candidate BE | 50% |
| Candidate BF | 50% |
| Candidate BG | 50% |
| Candidate BH | 50% |
| Candidate BI | 50% |
| Candidate BJ | 50% |
| Candidate BK | 50% |
| Candidate BL | 50% |
| Candidate BM | 50% |
| Candidate BN | 50% |
| Candidate BO | 50% |
| Candidate BP | 50% |
| Candidate BQ | 50% |
| Candidate BR | 50% |
| Candidate BS | 50% |
| Candidate BT | 50% |
| Candidate BU | 50% |
| Candidate BV | 50% |
| Candidate BW | 50% |
| Candidate BX | 50% |
| Candidate BY | 50% |
| Candidate BZ | 50% |
| Candidate CA | 50% |
| Candidate CB | 50% |
| Candidate CC | 50% |
| Candidate CD | 50% |
| Candidate CE | 50% |
| Candidate CF | 50% |
| Candidate CG | 50% |
| Candidate CH | 50% |
| Candidate CI | 50% |
| Other | 50% |
| Scott Jennings | 16% |
| Tricia McLaughlin | 15% |
| Alina Habba | 11% |
| Kaelan Dorr | 10% |
| Spencer Pratt | 10% |
| Anna Kelly | 9% |
| Monica Crowley | 8% |
| Kush Desai | 5% |
| Taylor Rogers | 5% |
| Harrison Fields | 5% |
| Kayleigh McEnany | 5% |
| Natalie Harp | 5% |
| Laura Loomer | 5% |
| Lauren Bis | 4% |
| Hogan Gidley | 4% |
| Lara Trump | 4% |
| Katie Pavlich | 3% |
| Ari Fleischer | 3% |
| Katie Miller | 3% |
| Beni Rae Harmony | 3% |
| Elizabeth Pipko | 3% |
| Karoline Leavitt | 3% |
| Margo Martin | 2% |
| Liz Huston | 2% |
| Kari Lake | 2% |
| Rachel Campos-Duffy | 2% |
| Maria Bartiromo | 2% |
| Pat Adams | 1% |
| Matthew Boyle | 1% |
| Steven Cheung | 1% |
| Jake Paul | 1% |
Market context
Traders on decentralised prediction markets give 50% probability to next press secretary?. This market will resolve according to the next individual who the White House announces has been picked to be the White House Press Secretary who replaces Katie Zacharia by December 31, 2027, 11:59 PM…
Methodology
This overview of Next Press Secretary? 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.
UK Frequently Asked Questions
- 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.
- Is Polymarket regulated by the UKGC?
- No. Polymarket is not licensed by the UK Gambling Commission (UKGC). It is a decentralised prediction market operated under US regulation. UK traders can use it but do not benefit from UKGC dispute resolution or player protection requirements.
- What are the HMRC tax rules on Polymarket profits for UK traders?
- Polymarket profits are treated as cryptocurrency disposal events by HMRC. Each USDC settlement is a taxable event subject to Capital Gains Tax (CGT). For 2026/27, the CGT rate is 18% (basic rate) or 24% (higher rate). The annual CGT exemption is £3,000. Report via HMRC Self Assessment if your total crypto gains exceed £3,000 or proceeds exceed £50,000.
- Does Polymarket KYC apply to UK users?
- Yes. Polymarket requires KYC (Know Your Customer) verification for all users, including UK residents. You must provide a government-issued photo ID and a selfie. The process typically takes 5–10 minutes via their ID verification provider.
- What is the legal difference between Polymarket and Betfair Exchange for UK traders?
- Betfair Exchange is UKGC-licensed, meaning UK consumer protections apply and winnings are typically tax-free. Polymarket is not UKGC-licensed — it operates under decentralised blockchain rules. Profits from Polymarket are subject to HMRC CGT as crypto disposals. Choose based on your regulatory preference and tax situation.
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