Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
57% | 43% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
57% | 43% | 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 |
|---|---|
| Binface 20–30% | 57% |
| Binface 10–20% | 28% |
| Binface 30–40% | 13% |
| Binface 40%+ | 3% |
| Binface <10% | 1% |
Market context
Polymarket is pricing **Binface 10–20%** as the clear lead on this contract today, with the market around a **4% YES** on that bracket and much lower odds on the extremes. On Polymarket, traders are buying and selling conditional tokens settled in **USDC on Polygon**, so the trade is not on whether Nigel Farage wins the seat, but on which vote-share band Count Binface lands in when the official count is known.
The current pricing sits against a polling backdrop that is unusually strong for a satirical independent. A Survation poll for Mandate Research put Farage on 73% and Binface on 20%, while a straight head-to-head version gave Binface 31%; that is consistent with the market treating 10–20% as the base case, but leaving room for a higher band if tactical or protest voting is stronger on the day.[8][11] Binface’s previous national and local results have generally been far lower — around 0.1% to 1.0% in past contests — so anything near the current poll level would be a large outlier by his own historical standard.[3][9]
For traders, the main catalysts are the final constituency result, turnout, and whether the ballot count confirms the poll-driven share rather than a lower protest vote. The by-election result is expected to be declared constituency-wide rather than through precinct-style running returns, so price moves may stay muted until verified milestones or the final declaration.[2] Recent reporting has also highlighted the scale of the candidate field and Binface’s visibility in local coverage, both of which matter because they shape whether the vote consolidates around the two headline names or fragments further.[5][10]
Methodology
We track Clacton by-election: Count Binface Vote % 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.
UK Frequently Asked Questions
- 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.
- 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.
- Is Polymarket legal in the UK?
- Polymarket is accessible to UK traders but is not UKGC-licensed. It operates under US CFTC jurisdiction. UK residents face no domestic legal prohibition on using it, but UKGC consumer protections do not apply. For UKGC-regulated alternatives, Betfair Exchange and Smarkets offer similar prediction-style markets.
- Do I pay tax on prediction market profits in the UK?
- UKGC-licensed platform profits (Betfair, Smarkets) are typically tax-free gambling winnings for UK individuals. Polymarket profits involve USDC crypto transactions, which HMRC treats as Capital Gains Tax events. Keep full transaction records and report via Self Assessment if gains exceed £3,000 per tax year.
- How do I deposit on Polymarket from the UK?
- UK traders typically fund Polymarket via Coinbase UK, Kraken or Revolut — buying USDC with GBP and transferring to a Polygon-compatible wallet (MetaMask, Coinbase Wallet). Polymarket's onboarding walks you through the bridging process. Typical GBP-to-USDC conversion costs 0.5–1%.
Trade Clacton by-election: Count Binface Vote % on PolyGram
Live order book, 0% fees, USDC settlement in seconds.
Open live market →