Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
66% | 34% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
66% | 34% | 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 |
|---|---|
| Victor Marx | 66% |
| Barbara Kirkmeyer | 34% |
| 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 2026 Republican primary for Colorado’s governor is scheduled for June 30, with no incumbent seeking a third term, yet the market currently prices the Republican win at 0% YES. On Polymarket, this contract trades as a conditional token on the Polygon network, settled in USDC, where the zero price reflects the crowd’s certainty that a Republican will not win the primary. Historically, Colorado gubernatorial primaries have seen strong Democratic leanings, and comparable cases from 2018 and 2022 show Republicans failing to secure the nomination despite active campaigns, framing the current probability as grounded in long-term electoral trends rather than short-term noise.
Traders should monitor candidate announcements, filing deadlines, and any potential run-off scenarios, as the primary could include a second round if no candidate reaches the threshold. Recent reporting from NBC News highlights that Jared Polis cannot run again, drawing two other statewide Democrats into the race, which may further dilute Republican chances [2]. The Colorado Secretary of State’s official candidate list confirms Scott Bottoms, Barbara Kirkmeyer, and Victor Marx as the leading Republican contenders, but their viability depends on early voting turnout starting June 22 and final results announced by the Colorado Republican Party [3][6]. Any shift in these dynamics could alter the market price before the settlement window closes on 2026-06-30.
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
Resolution & payout
Settlement runs on-chain. Polymarket's contract logic separates YES and NO shares as conditional tokens; at resolution the winning share lifts to $1.00 and the losing one to $0. The outcome input comes from the UMA Optimistic Oracle, which secures against bad resolution with a bond + dispute window.
Once finalised, the smart contract pays USDC to the holders' wallets within minutes — no withdrawal fees beyond Polygon network gas. Kalshi settles in USD via CFTC clearance, Betfair in account currency net of commission, Manifold in play-money mana with no cash-out.
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 PolyGram. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
- 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.
- 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.
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