Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Election Predictions UK Pick polygram.ink |
99% | 1% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open on Election Predictions UK → |
Polymarket polymarket.com |
99% | 1% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Open on Election Predictions UK → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Open on Election Predictions UK → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Open on Election Predictions UK → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Open on Election Predictions UK → |
Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on Election Predictions UK.
Active sub-markets
| Iván Cepeda Castro | 99% YES | 1% NO |
| Abelardo de la Espriella | 1% YES | 99% NO |
| Person I | 50% YES | 50% NO |
| Person J | 50% YES | 50% NO |
| Person K | 50% YES | 50% NO |
| Person L | 50% YES | 50% NO |
Market context
Colombia’s presidential runoff has already produced a tightly divided national result, and Bogotá is the key district for judging whether Abelardo de la Espriella can turn that into a capital-city plurality. Reuters reported that de la Espriella led Iván Cepeda in the national runoff count by 49.7% to 48.7% with nearly all votes counted, while AP described the contest as a very close race shaped by security, corruption and continuity-versus-change politics.[1][5] In the first round, de la Espriella also finished ahead nationally, contrary to earlier polling that had often shown Cepeda in front, which is why a market pricing a Bogotá lead for de la Espriella sits comfortably with the broader election narrative.[3][5]
For traders, the immediate catalyst is the final vote tally from the capital rather than any late campaign pivot. Bogotá tends to reward more urban, institutionally focused or anti-incumbent messaging, but this runoff has been unusually polarised, with de la Espriella campaigning on tougher security and smaller government while Cepeda has defended Petro-era reforms and negotiations with armed groups.[1][3][5] The Reuters and AP reporting also notes accusations of fraud and calls for verification, which can matter for headline volatility but not for the district-level vote winner unless any official recount alters the published Bogotá total.[1][3] Polymarket’s election page currently shows the Bogotá market heavily tilted towards de la Espriella, with the contract marked at 56% yes, suggesting the crowd is leaning on the national lead, the first-round overperformance, and the expectation that the capital will not break sharply against the front-runner.[2]
Methodology
Political prediction markets differ structurally from sports betting: thinner liquidity, longer settlement windows, higher sensitivity to single news events. This page shows the live Polymarket quote for Colombia Presidential Election Runoff: Most votes from Bogotá plus platform attributes for the three reference venues, so you can see at a glance where the deepest market for this question sits.
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
- Where can I trade this market with the lowest fees?
- On Election Predictions UK, which mirrors the Polymarket order book at 0% fees. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- What does it cost to trade on Election Predictions UK?
- Zero. Election Predictions UK routes every order to the live Polymarket order book; the only cost is the Polygon network fee, typically under $0.01 per transaction.
- 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?
- Not under $1,500 of lifetime trading volume. Above that threshold, Election Predictions UK triggers a quick verification flow that finishes in minutes.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
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