Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Trump Prediction) Pick polygram.ink (preferred broker) |
80% | 20% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
80% | 20% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Victor Marx | 80% |
| Barbara Kirkmeyer | 17% |
| 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, where no incumbent Republican is seeking re-election as the current governor, Democrat Jared Polis, cannot run for a third term. With the crowd-implied probability at 0% for a Republican primary winner, the market reflects a near-total absence of declared Republican candidates or viable organisational backing, despite four names—Scott Bottoms, Barbara Kirkmeyer, Victor Marx, and Kelvin Wimberly—appearing on the ballot[1][2].
Historically, Colorado has rarely seen a competitive Republican gubernatorial primary when no incumbent is running; in 2014, the primary was uncontested, and in 2018, only one candidate qualified, leading to a default win. Comparable cases suggest that a 0% probability often signals either a lack of formal filings or an overwhelming consensus that the party will not mount a serious challenge, framing the current market as a reflection of structural disengagement rather than a temporary polling dip[4].
Traders should monitor upcoming campaign-finance disclosures, candidate declaration deadlines, and any scheduled debates or party conventions that could catalyse a late surge in Republican participation. Recent reporting from the Colorado Sun notes that while three Republicans are officially in the race, none have secured significant fundraising or organisational momentum, making the market lean heavily on the catalyst of formal candidate declarations and financial viability rather than poll movements[2]. The primary’s resolution hinges on the Colorado Republican Party’s first official announcement, with credible consensus reporting as a fallback[1].
Methodology
This page tracks Colorado Governor Republican Primary Winner 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 Trump Prediction 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.
- 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.
- Which political events have the biggest volume?
- US Presidential election, party nominations (DNC/RNC), Senate majorities, individual state outcomes (Pennsylvania, Michigan, Wisconsin), and major European elections. Peak markets reach $50-500M per event.
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