Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Who Will Win 2026) Pick polygram.ink (preferred broker) |
100% | 0% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
100% | 0% | 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 |
|---|---|
| Keiko Fujimori | 100% |
| Rafael López Aliaga | 0% |
| Mario Vizcarra | 0% |
| Carlos Álvarez | 0% |
| César Acuña | 0% |
| Alfonso López Chau | 0% |
| Vladimir Cerrón | 0% |
| José Luna | 0% |
| George Forsyth | 0% |
| Roberto Chiabra | 0% |
| Enrique Valderrama | 0% |
| José Williams | 0% |
| Fiorella Molinelli | 0% |
| Ricardo Belmont | 0% |
| Fernando Olivera | 0% |
| Carlos Espá | 0% |
| Rafael Belaúnde Llosa | 0% |
| Yonhy Lescano | 0% |
| Mesías Guevara | 0% |
| Marisol Pérez Tello | 0% |
| Jorge Nieto | 0% |
| Roberto Sánchez Palomino | 0% |
| Other | 0% |
| Wolfgang Grozo | 0% |
| Candidate B | 0% |
| Candidate C | 0% |
| Candidate D | 0% |
| Candidate E | 0% |
| Candidate F | 0% |
| Candidate G | 0% |
| Candidate H | 0% |
| Candidate I | 0% |
| Candidate J | 0% |
| Candidate K | 0% |
| Candidate L | 0% |
| Candidate M | 0% |
| Candidate N | 0% |
| Candidate O | 0% |
| Candidate P | 0% |
| Candidate Q | 0% |
| Candidate R | 0% |
| Candidate S | 0% |
| Candidate T | 0% |
| Candidate U | 0% |
| Candidate V | 0% |
| Candidate W | 0% |
| Candidate X | 0% |
| Candidate Y | 0% |
| Candidate Z | 0% |
Market context
Peru will hold its general presidential election on 12 April 2026, with a runoff scheduled for 7 June if no candidate secures a majority in the first round. The current market implies a 0% probability for the "YES" outcome, suggesting the crowd believes the result is either already settled or the candidate in question cannot win. This mirrors Peru’s recent history of razor-thin victories and rapid political turnover, where the nation has elected nine presidents in ten years. In the 2026 runoff, Keiko Fujimori was officially declared the winner by the National Jury of Elections with 9,223,000 votes against Roberto Sánchez’s 9,173,000, a gap of just 50,000 votes [3]. Such margins have historically validated contrarian bets late in the count, as seen when Sánchez briefly took a slim lead before Fujimori’s final surge [4].
Traders should monitor the official certification timeline from the JNE and any post-election legal challenges, which could delay final results beyond the 31 October 2026 settlement cutoff. Recent reporting confirms Fujimori’s victory was dominated by public concern over surging crime, a key catalyst that solidified her base [2]. While the consensus now treats Fujimori as the favourite, value may still exist in underdog positions if the margin remains contested or if institutional instability triggers a recount. The election’s polarising nature, pitting right versus left in a deeply divided nation, means volatility could persist until the government’s final announcement [7]. Watch for statements from the electoral body and any appeals filed by Sánchez’s camp, as these dependencies could shift the implied probability before the settlement window closes.
Methodology
We track Peru Presidential Election 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
At resolution the UMA oracle takes over: a proposer posts the outcome with a bond, any token holder can dispute within two hours. Without dispute the result is accepted and the smart contract distributes USDC instantly.
On Kalshi (CFTC-regulated) resolution runs through their in-house clearing engine in USD. Betfair Exchange settles after match end in the account's local currency. Manifold pays no cash — only its in-platform "mana" currency.
FAQ
- Where can I trade this market with the lowest fees?
- Polymarket is geo-blocked in the US/UK/EU. The easiest 0%-fee broker into the same order book is Who Will Win 2026. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- Is this market available outside the US?
- Polymarket itself is geo-blocked in the US/UK/EU. Always check the legal status of prediction markets in your jurisdiction before trading.
- How does resolution work?
- Through the UMA Optimistic Oracle on Polygon: a proposer submits the outcome, a two-hour challenge window opens, and USDC payouts settle automatically once the result is final.
- 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.
- 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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