Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Trump Prediction) Pick polygram.ink (preferred broker) |
19% | 81% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
19% | 81% | 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 |
|---|---|
| JD Vance | 19% |
| Marco Rubio | 14% |
| Gavin Newsom | 12% |
| Jon Ossoff | 6% |
| Alexandria Ocasio-Cortez | 5% |
| Kamala Harris | 4% |
| Josh Shapiro | 3% |
| Pete Buttigieg | 2% |
| Tucker Carlson | 2% |
| Dwayne 'The Rock' Johnson | 2% |
| Eric Trump | 1% |
| Elon Musk | 1% |
| Jalen Brunson | 1% |
| Tim Walz | 1% |
| Gretchen Whitmer | 1% |
| Wes Moore | 1% |
| Ron DeSantis | 1% |
| LeBron James | 1% |
| Andy Beshear | 1% |
| Glenn Youngkin | 1% |
| Ivanka Trump | 1% |
| Stephen Smith | 1% |
| Tulsi Gabbard | 1% |
| Pete Hegseth | 1% |
| JB Pritzker | 1% |
| Donald Trump | 1% |
| Jamie Dimon | 1% |
| Donald Trump Jr. | 1% |
| Nikki Haley | 1% |
| Vivek Ramaswamy | 1% |
| Greg Abbott | 1% |
| Kim Kardashian | 1% |
| Zohran Mamdani | 1% |
| Michelle Obama | 1% |
| Ro Khanna | 1% |
| Thomas Massie | 1% |
| James Talarico | 1% |
| Person BG | 0% |
| Person CZ | 0% |
| Person Q | 0% |
| Person AY | 0% |
| Person R | 0% |
| Person CG | 0% |
| Person W | 0% |
| Person BO | 0% |
| Person CK | 0% |
| Person Y | 0% |
| Person BQ | 0% |
| Person AD | 0% |
| Person AU | 0% |
| Person CQ | 0% |
| Person AE | 0% |
| Person AV | 0% |
| Person AF | 0% |
| Person AW | 0% |
| Person CR | 0% |
| Person AG | 0% |
| Person AX | 0% |
| Person BV | 0% |
| Person AH | 0% |
| Person BW | 0% |
| Person AK | 0% |
| Person AZ | 0% |
| Person BY | 0% |
| Person AM | 0% |
| Person AO | 0% |
| Person AS | 0% |
| Person AT | 0% |
| Person BD | 0% |
| Person BE | 0% |
| Person CC | 0% |
| Person BK | 0% |
| Person CF | 0% |
| Person CI | 0% |
| Person AA | 0% |
| Person BI | 0% |
| Person BS | 0% |
| Person DA | 0% |
| Person AB | 0% |
| Person BL | 0% |
| Person BT | 0% |
| Person CH | 0% |
| Person CO | 0% |
| Person X | 0% |
| Person BP | 0% |
| Person Z | 0% |
| Person CN | 0% |
| Person AC | 0% |
| Person AJ | 0% |
| Person BM | 0% |
| Person BU | 0% |
| Person CP | 0% |
| Person CT | 0% |
| Person AL | 0% |
| Person BZ | 0% |
| Person CU | 0% |
| Person AQ | 0% |
| Person V | 0% |
| Person CX | 0% |
| Person BH | 0% |
| Person T | 0% |
| Person BF | 0% |
| Person CE | 0% |
| Person DB | 0% |
| Person S | 0% |
| Person BJ | 0% |
| Other | 0% |
| Person CL | 0% |
| Person AR | 0% |
| Person BR | 0% |
| Person CM | 0% |
| Person AI | 0% |
| Person BX | 0% |
| Person CS | 0% |
| Person AN | 0% |
| Person BA | 0% |
| Person U | 0% |
| Person BC | 0% |
| Person CB | 0% |
| Person CW | 0% |
| Person CD | 0% |
| Person CY | 0% |
| Person AP | 0% |
| Person BB | 0% |
| Person CA | 0% |
| Person CV | 0% |
| Person BN | 0% |
| Person CJ | 0% |
Market context
The 2028 United States presidential election will be held on 7 November 2028 to determine the next president, marking the first contest since 2016 without a sitting incumbent on either side. With the current market implying a mere 1% chance for a specific outcome, traders must contextualise this low probability against historical precedents where early frontrunners faltered or open primaries produced unexpected victors. Similar to the 2016 and 2020 cycles, where initial polling gaps narrowed significantly after candidate announcements and primary debates, the current 1% figure likely reflects the uncertainty of a fractured field rather than a settled narrative, as nearly two-thirds of Americans have yet to identify any potential candidates for the race[4].
Key catalysts for traders include the upcoming 2026 midterms, which will serve as a critical stress test for potential nominees, alongside formal campaign launches expected after November 2026 that will clarify frontrunners within both parties. Recent polling from Emerson College reveals a dramatic shift in the Republican primary, with Secretary of State Marco Rubio surging 25 points to rival Vice President JD Vance, while Democratic hopeful Pete Buttigieg holds steady despite gains by Shapiro and Beshear[1][2]. The market is currently leaning on these poll movements and the anticipated campaign-finance disclosures from the FEC, which will reveal which candidates possess the infrastructure to sustain a national bid[8]. Traders should monitor Joy Behar’s public endorsement of Vance and Kamala Harris’s tentative confirmation of a potential run, as these declarations have already triggered notable price volatility in related markets[3].
Methodology
This page tracks Presidential Election Winner 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 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
- How accurate are political prediction markets?
- Historically more accurate than polls. Polymarket's Brier score on US 2024 elections was ~0.11 — better than 538 (~0.14) and every mainstream poll. Markets aggregate information with real skin in the game.
- 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.
- 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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