Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Who Will Win 2026) Pick polygram.ink (preferred broker) |
63% | 37% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
63% | 37% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Victor Marx | 63% |
| Barbara Kirkmeyer | 33% |
| Scott Bottoms | 0% |
| Joshua Griffin | 0% |
| Greg Lopez | 0% |
| Will McBride | 0% |
| Stevan Gess | 0% |
| Brycen Garrison | 0% |
| Daniel Thomas | 0% |
| Other | 0% |
| Candidate B | 0% |
| Candidate D | 0% |
| Candidate F | 0% |
| Candidate H | 0% |
| Candidate J | 0% |
| Candidate L | 0% |
| Candidate N | 0% |
| Candidate P | 0% |
| Candidate R | 0% |
| Candidate T | 0% |
| Candidate V | 0% |
| Candidate X | 0% |
| Candidate Z | 0% |
| Mark Baisley | 0% |
| Jason Clark | 0% |
| Jason Mikesell | 0% |
| Jon Gray-Ginsberg | 0% |
| Bob Brinkerhoff | 0% |
| Robert Moore | 0% |
| Candidate A | 0% |
| Candidate C | 0% |
| Candidate E | 0% |
| Candidate G | 0% |
| Candidate I | 0% |
| Candidate K | 0% |
| Candidate M | 0% |
| Candidate O | 0% |
| Candidate Q | 0% |
| Candidate S | 0% |
| Candidate U | 0% |
| Candidate W | 0% |
| Candidate Y | 0% |
Market context
The real-world event is the Republican primary for Colorado’s governor, scheduled for 30 June 2026, with three confirmed candidates: State Rep Scott Bottoms, State Sen Barbara Kirkmeyer, and ministry leader Victor Marx[1][3]. The market currently implies a 0% chance of a Republican primary winner, reflecting the consensus that no such primary will occur or that the Republican Party will not field a viable candidate[2]. Historically, Colorado has rarely held competitive Republican gubernatorial primaries in recent cycles, with the 2018 and 2022 races dominated by Democrats; when Republicans do run, they often face low turnout and internal fragmentation, as seen in the 2014 primary where multiple candidates split support[4]. This pattern suggests the 0% probability may be overstated if the party consolidates behind one candidate, creating potential value for contrarian traders betting on a primary outcome.
Traders should watch for official candidate filings, primary announcement dates, and any run-off or second-round procedures, as these dependencies could alter the market’s resolution[5]. Recent reporting from Colorado Sun confirms the three candidates are actively campaigning and preparing for the June 30 vote, indicating the primary is likely to proceed[3]. If the Republican Party fails to meet ballot requirements or if a candidate withdraws, the market would resolve to “Other,” but current momentum suggests the primary will occur. The value spot may lie in betting on a primary winner despite the 0% implied probability, especially if Bottoms or Kirkmeyer gains early traction, as their legislative backgrounds could attract establishment support[1]. Contrarian angles include focusing on the possibility of a second round, which could extend the settlement window and shift odds.
Methodology
We track Colorado Governor Republican Primary Winner across the five venues with material prediction-market liquidity. The probability shown is the live Polymarket mid; the comparison rows summarise how each venue treats the underlying contract — fees, KYC thresholds, settlement currency, deposit options. The highlighted row marks the cheapest route into Polymarket's order book.
Resolution & payout
Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.
Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.
FAQ
- What's the difference between YES and NO shares?
- A YES share pays $1.00 if the event happens, $0 otherwise. A NO share pays $1.00 if the event doesn't happen. The market price between 0¢ and 100¢ is the implied probability.
- What does Polymarket cost to trade?
- Polymarket itself charges 0% — the only cost is the Polygon network fee, typically under $0.01 per transaction. Off-chain venues like Kalshi or Betfair charge 2-7% commission.
- 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?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Who Will Win 2026 trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
- 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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