Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Election Predictions UK) Pick polygram.ink (preferred broker) |
83% | 17% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
83% | 17% | 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 |
|---|---|
| Nicolás Maduro | 83% |
| Delcy Rodríguez | 10% |
| María Corina Machado | 3% |
| No Head of State | 2% |
| Edmundo González | 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
The market is effectively pricing a contest between continuity and a still-volatile transition: Nicolás Maduro was captured and removed in January, and Delcy Rodríguez was then sworn in as interim president, but the country’s formal institutions have not produced a clean, settled succession. Reuters reported that Rodríguez was formally sworn in on 5 January and has since tried to consolidate authority, which is why the market is leaning far more on *institutional durability* than on any single election headline.[8][7]
The present 1% YES price looks most useful as a reminder that comparable cases with contested transfers often stay unstable for months before the official line becomes clear. Here, the comparison is with other rapid regime changes where the *acting* leader can survive only if the military, courts and ruling party continue to align; Reuters and NPR both describe Rodríguez as the current interim or acting head, while the market description makes the final arbiter the person formally holding office on 31 December 2026.[6][8][1] That means the key question is not simply who is most visible now, but whether the interim arrangement survives intact through the end of the year.
For traders, the main catalyst is the *poll and legitimacy flow* around Rodríguez’s tenure: any fresh polling, elite defections, or official statements from the Venezuelan state or UN will matter more than day-to-day rhetoric. Reuters’ reporting that Rodríguez is tightening her grip after taking office suggests the near-term driver is whether she can keep the armed forces and ruling institutions aligned, while later announcements on talks with Washington or any formal succession clarification could reset expectations quickly.[7][14] A separate swing factor is whether Maduro remains excluded from any recognised role, since the market can still resolve to the person listed as head of state by the UN if Caracas does not clearly define the office.[19]
Methodology
This page tracks Venezuela leader end of 2026? across four political prediction venues. Live odds come from the Polymarket order book (the deepest political prediction-market book). Kalshi is the CFTC-regulated US alternative, Betfair the established UK sports-exchange with politics markets, Manifold the open play-money variant. For users geo-blocked from Polymarket directly, brokers like Election Predictions UK provide a 0%-fee route into the same order book.
Resolution & payout
For political markets the resolution source is decisive. Polymarket defines a concrete source per contract (e.g. AP, Reuters, official electoral commission) and uses the UMA Optimistic Oracle as the on-chain dispute mechanism. With a clearly defined outcome the USDC payout lands within minutes of the final confirmation.
FAQ
- What resolution source is used for elections?
- Polymarket defines the source per contract — usually Associated Press (AP Race Call), Reuters or the official electoral commission. The source is stated in contract details before the market opens.
- Which platform has the deepest political liquidity?
- Polymarket — by far. US 2024 presidential volume was ~$3.5B vs Kalshi (~$200M) and Betfair (~$120M). Where Polymarket is geo-blocked, brokers like Election Predictions UK route into the same order book at 0% fees.
- How fast do political markets react to news?
- High-liquidity markets move within seconds to minutes. A Trump tweet on the economy can shift the "Trump 2024" market 2-5 points before mainstream media has written anything.
- Are political prediction markets legal in my country?
- It varies. They sit in legal gray areas in most jurisdictions. Polymarket is geo-blocked from US/UK/EU; some broker frontends have a different geo footprint. Trade only with capital you can afford to lose, and only if you understand the legal status in your jurisdiction.
- Why do Polymarket and Kalshi differ on elections?
- Kalshi must follow CFTC compliance — strict definitions, clear resolution sources, US citizens only with KYC. Polymarket operates globally without CFTC oversight — deeper liquidity, but also higher regulatory risk.
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