Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Election Predictions UK) Pick polygram.ink (preferred broker) |
19% | 81% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
19% | 81% | 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 |
|---|---|
| Gavin Newsom | 19% |
| Alexandria Ocasio-Cortez | 14% |
| Jon Ossoff | 14% |
| Kamala Harris | 9% |
| Pete Buttigieg | 5% |
| Josh Shapiro | 5% |
| Andy Beshear | 3% |
| Mark Kelly | 3% |
| Rahm Emanuel | 2% |
| Jon Stewart | 2% |
| Ro Khanna | 2% |
| Wes Moore | 1% |
| Stephen A. Smith | 1% |
| Gretchen Whitmer | 1% |
| Mark Cuban | 1% |
| J.B. Pritzker | 1% |
| Raphael Warnock | 1% |
| Cory Booker | 1% |
| Michelle Obama | 1% |
| Roy Cooper | 1% |
| Bernie Sanders | 1% |
| Hunter Biden | 1% |
| Chelsea Clinton | 1% |
| Dwayne 'The Rock' Johnson | 1% |
| Chris Murphy | 1% |
| James Talarico | 1% |
| Tim Walz | 0% |
| Gina Raimondo | 0% |
| Zohran Mamdani | 0% |
| John Fetterman | 0% |
| Jared Polis | 0% |
| Barack Obama | 0% |
| Hillary Clinton | 0% |
| Liz Cheney | 0% |
| Phil Murphy | 0% |
| LeBron James | 0% |
| George Clooney | 0% |
| MrBeast | 0% |
| Oprah Winfrey | 0% |
| Andrew Yang | 0% |
| Beto O’Rourke | 0% |
| Kim Kardashian | 0% |
| Jasmine Crockett | 0% |
| Ruben Gallego | 0% |
| Graham Platner | 0% |
| Abigail Spanberger | 0% |
| Hakeem Jeffries | 0% |
| Elissa Slotkin | 0% |
| Adam Schiff | 0% |
| Josh Stein | 0% |
| Alex Padilla | 0% |
| Person V | 0% |
| Person W | 0% |
| Person X | 0% |
| Person Y | 0% |
| Person Z | 0% |
| Person AA | 0% |
| Person AB | 0% |
| Person AC | 0% |
| Person AD | 0% |
| Person AE | 0% |
| Person AF | 0% |
| Person AG | 0% |
| Person AH | 0% |
| Person AI | 0% |
| Person AJ | 0% |
| Person AK | 0% |
| Person AL | 0% |
| Person AM | 0% |
| Person AN | 0% |
| Person AO | 0% |
| Person AP | 0% |
| Person AQ | 0% |
| Person AR | 0% |
| Person AS | 0% |
| Person AT | 0% |
| Person AU | 0% |
| Person AV | 0% |
| Person AW | 0% |
| Person AX | 0% |
| Person AY | 0% |
| Person AZ | 0% |
| Person BA | 0% |
| Person BB | 0% |
| Person BC | 0% |
| Person BD | 0% |
| Person BE | 0% |
| Person BF | 0% |
| Person BG | 0% |
| Person BH | 0% |
| Person BI | 0% |
| Person BJ | 0% |
| Person BK | 0% |
| Person BL | 0% |
| Person BM | 0% |
| Person BN | 0% |
| Person BO | 0% |
| Person BP | 0% |
| Person BQ | 0% |
| Person BR | 0% |
| Person BS | 0% |
| Person BT | 0% |
| Person BU | 0% |
| Person BV | 0% |
| Person BW | 0% |
| Person BX | 0% |
| Person BY | 0% |
| Person BZ | 0% |
| Person CA | 0% |
| Person CB | 0% |
| Person CC | 0% |
| Person CD | 0% |
| Person CE | 0% |
| Person CF | 0% |
| Person CG | 0% |
| Person CH | 0% |
| Person CI | 0% |
| Person CJ | 0% |
| Person CK | 0% |
| Person CL | 0% |
| Person CM | 0% |
| Person CN | 0% |
| Person CO | 0% |
| Person CP | 0% |
| Person CQ | 0% |
| Person CR | 0% |
| Person CS | 0% |
| Other | 0% |
Market context
The nomination fight is still an early, open contest, and the 19% crowd-implied price appears to be leaning on the idea that no candidate has yet secured a durable lead in polling or party organisation. Current public tracking shows a fragmented field: Polymarket has Gavin Newsom ahead at 24.3%, while 270toWin’s aggregate places him around 25.7% and a June polling average had Kamala Harris on top by double digits, with Newsom second and Pete Buttigieg, Alexandria Ocasio-Cortez and others clustered behind.[1][16][17]
That is a useful historical frame for reading this market: at this stage in the cycle, nomination probabilities tend to move with name recognition, national fundraising and elite signalling rather than formal delegate counting, which does not begin until the 2028 primary calendar. Comparable early-cycle polls and power rankings have repeatedly shifted between Harris, Newsom and Buttigieg, while analysts continue to describe the field as wide open, with governors such as Josh Shapiro and Gretchen Whitmer still in the mix.[2][10][11]
For traders, the catalysts to watch are the first concrete declaration moves, early-state travel and any changes in donor commitments or campaign-finance disclosures, alongside debate and convention scheduling as they get closer. Recent coverage from Axios and The Hill has already treated the 2028 Democratic field as a live contest, suggesting the market is likely to respond first to polling movement and second to any high-profile announcements from the leading names rather than to formal party processes.[7][13]
Methodology
This page tracks Democratic Presidential Nominee 2028 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.
- Can prediction markets influence election outcomes?
- Markets reflect expectations rather than create them. Studies show public-facing markets can anchor expectations, but don't influence the underlying outcome. Political markets are information, not advocacy.
- 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.
Trade Democratic Presidential Nominee 2028 on Election Predictions UK
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