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 | 18% |
| Anna Kelly | 14% |
| Tricia McLaughlin | 14% |
| Alina Habba | 14% |
| Kari Lake | 12% |
| Kaelan Dorr | 9% |
| Spencer Pratt | 9% |
| Monica Crowley | 7% |
| Taylor Rogers | 5% |
| Lauren Bis | 5% |
| Harrison Fields | 5% |
| Kayleigh McEnany | 5% |
| Natalie Harp | 5% |
| Laura Loomer | 5% |
| Kush Desai | 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% |
| Rachel Campos-Duffy | 2% |
| Pat Adams | 1% |
| Liz Huston | 1% |
| Matthew Boyle | 1% |
| Maria Bartiromo | 1% |
| Steven Cheung | 1% |
| Jake Paul | 1% |
Market context
Next Press Secretary?. The market is currently pricing the outcome at 2% YES, meaning crowd-implied probability sits at that level. Settlement is scheduled for 2028-01-01T04:59:00Z. 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.
World-affairs prediction markets price discrete geopolitical outcomes — ceasefires, treaty signings, leadership transitions — and tend to drift on rumour and snap-correct on official announcements.
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
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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