Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
91% | 9% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Open the market → |
Polymarket (direct) polymarket.com |
91% | 9% | 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.
| Outcome | Probability |
|---|---|
| Francesca Hong | 91% |
| David Crowley | 9% |
| Mandela Barnes | 0% |
| Missy Hughes | 0% |
| Brett Hulsey | 0% |
| Sara Rodriguez | 0% |
| Zachary Roper | 0% |
| Kelda Roys | 0% |
| Tim Jacobson | 0% |
| Joel Brennan | 0% |
| Melissa Agard | 0% |
| Chris Larson | 0% |
| Tom Nelson | 0% |
| Candidate A | 0% |
| Candidate B | 0% |
| Candidate C | 0% |
| Candidate D | 0% |
| Candidate E | 0% |
| Candidate F | 0% |
| Candidate G | 0% |
| Candidate H | 0% |
| Candidate I | 0% |
| Candidate J | 0% |
| Candidate K | 0% |
| Candidate L | 0% |
| Candidate M | 0% |
| Candidate N | 0% |
| Candidate O | 0% |
| Other | 0% |
Market context
Polymarket prices this contract at **0% YES**, which means the market is currently assigning no visible probability to any named Democrat winning the Wisconsin governor primary before the August filing-and-voting finish. The real-world event is straightforward: Wisconsin Democrats will pick their nominee for governor in the 2026 primary, and settlement will follow the official result from the Wisconsin Democratic Party, with any credible consensus used only if the party’s announcement is not decisive. On Polymarket, the position is backed by USDC on Polygon and represented through conditional tokens, so the practical question for traders is whether the market has mispriced the field rather than whether the primary exists. [1][6][11]
The comparison set matters because this is a crowded and unusually fluid contest, not a two-person race. Reporting and election references have listed as many as seven or eight Democrats in the field, including Mandela Barnes, Joel Brennan, Francesca Hong, Sara Rodriguez, Kelda Roys, David Crowley and Missy Hughes, with several candidates having suspended or withdrawn while still appearing on the ballot. That kind of churn tends to compress polling and keep late-breaking endorsements, turnout operations and ballot-status quirks relevant right up to election day. [1][3][8][9]
For a trader, the main catalysts are the official candidate list, any last-minute withdrawals that do not remove a name from the ballot, and whether the party or major outlets call the result quickly on 11 August. Recent reporting said the field was still in flux in July, with Crowley returning after a withdrawal and other candidates remaining on the ballot despite suspended campaigns, while PBS Wisconsin described the race as entering the final stretch with Hong discussed as a front-runner. Those details matter because a candidate can stay eligible on paper even after ending active campaigning, and the market resolves to the actual vote winner rather than the most visible campaign. [2][7][9][12]
Methodology
We track Wisconsin Governor Democratic Primary Winner 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.
FAQ
- 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 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.
- 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.
- How reliable are the quoted odds?
- The YES/NO percentages are the live mid-prices of the Polymarket order book. On deep markets they move every few seconds; on thinner ones you'll see short plateaus.
Trade Wisconsin Governor Democratic Primary Winner on PolyGram
Live order book, 0% fees, USDC settlement in seconds.
Open live market →