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Next Senate Majority Leader?

How the prediction-market book is pricing "Next Senate Majority Leader?" right now, with a side-by-side platform comparison and zero-fee CTAs.

John Thune 33% Chuck Schumer 30% Brian Schatz 7% Tom Cotton 4% Volume: $142K Liquidity: $210K Closes: 3 Jan 2027
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Next Senate Majority Leader?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via PolyGram) Pick
polygram.ink (preferred broker)
33% 67% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open the market →
Polymarket (direct)
polymarket.com
33% 67% 0% Geo-blocked in US/UK/EU USDC, on-chain Open the market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Open the market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Open the market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Open the market →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
John Thune33%
Chuck Schumer30%
Brian Schatz7%
Tom Cotton4%
John Barrasso2%
Steve Daines2%
Mark Kelly2%
Patty Murray1%
Lindsey Graham0%
Amy Klobuchar0%
Cory Booker0%
Dick Durbin0%
John Cornyn0%
Rick Scott0%
Person D0%
Person E0%
Person F0%
Person G0%
Person H0%
Person I0%
Person J0%
Person K0%
Person L0%
Person M0%
Person N0%
Person O0%
Person P0%
Person Q0%
Person R0%
Person S0%
Person T0%
Person U0%
Person V0%
Person W0%
Person X0%
Person Y0%
Person Z0%
Person AA0%
Person AB0%
Person AC0%
Person AD0%
Person AE0%
Person AF0%
Person AG0%
Person AH0%
Person AI0%
Person AJ0%
Person AK0%
Person AL0%
Person AM0%
Person AN0%
Person AO0%
Person AP0%
Person AQ0%
Person AR0%
Person AS0%
Person AT0%
Person AU0%
Person AV0%
Person AW0%
Person AX0%
Person AY0%
Person AZ0%
Other0%

Market context

Traders on decentralised prediction markets give 33% probability to next senate majority leader?. This market will resolve according to the individual who is announced as the next Senate Majority Leader after the November 3, 2026, U.S. General Election. This market will remain open until January …

Methodology

We track Next Senate Majority Leader? 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

Polymarket-based markets settle through the UMA Optimistic Oracle on Polygon. A proposer submits the outcome, a two-hour challenge window opens, and unchallenged proposals finalise the resolution. Payouts settle automatically in USDC the moment the result is final — no bookmaker, no delay.

Kalshi-based markets settle in USD via the CFTC-regulated clearinghouse. Betfair Exchange settles in GBP/EUR net of commission. Manifold is play-money and does not pay out real funds.

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.
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.
Do I need to KYC for this market?
On Polymarket directly, no — it's wallet-based. Intermediary brokers like PolyGram trigger KYC only above $1,500 of lifetime trading volume; under that you trade pseudonymously with a single wallet address.
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