Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Review UK) Pick polygram.ink (preferred broker) |
19% | 81% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Trade this market → |
Polymarket (direct) polymarket.com |
19% | 81% | 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 |
|---|---|
| Gavin Newsom | 19% |
| Alexandria Ocasio-Cortez | 14% |
| Jon Ossoff | 14% |
| Kamala Harris | 9% |
| Pete Buttigieg | 5% |
| Josh Shapiro | 5% |
| Andy Beshear | 3% |
| Mark Kelly | 3% |
| Rahm Emanuel | 2% |
| Jon Stewart | 2% |
| Ro Khanna | 2% |
| Wes Moore | 1% |
| Stephen A. Smith | 1% |
| Gretchen Whitmer | 1% |
| Mark Cuban | 1% |
| J.B. Pritzker | 1% |
| Raphael Warnock | 1% |
| Cory Booker | 1% |
| Michelle Obama | 1% |
| Roy Cooper | 1% |
| Bernie Sanders | 1% |
| Hunter Biden | 1% |
| Chelsea Clinton | 1% |
| Dwayne 'The Rock' Johnson | 1% |
| Chris Murphy | 1% |
| James Talarico | 1% |
| Tim Walz | 0% |
| Gina Raimondo | 0% |
| Zohran Mamdani | 0% |
| John Fetterman | 0% |
| Jared Polis | 0% |
| Barack Obama | 0% |
| Hillary Clinton | 0% |
| Liz Cheney | 0% |
| Phil Murphy | 0% |
| LeBron James | 0% |
| George Clooney | 0% |
| MrBeast | 0% |
| Oprah Winfrey | 0% |
| Andrew Yang | 0% |
| Beto O’Rourke | 0% |
| Kim Kardashian | 0% |
| Jasmine Crockett | 0% |
| Ruben Gallego | 0% |
| Graham Platner | 0% |
| Abigail Spanberger | 0% |
| Hakeem Jeffries | 0% |
| Elissa Slotkin | 0% |
| Adam Schiff | 0% |
| Josh Stein | 0% |
| Alex Padilla | 0% |
| Person V | 0% |
| Person W | 0% |
| Person X | 0% |
| Person Y | 0% |
| Person Z | 0% |
| Person AA | 0% |
| Person AB | 0% |
| Person AC | 0% |
| Person AD | 0% |
| Person AE | 0% |
| Person AF | 0% |
| Person AG | 0% |
| Person AH | 0% |
| Person AI | 0% |
| Person AJ | 0% |
| Person AK | 0% |
| Person AL | 0% |
| Person AM | 0% |
| Person AN | 0% |
| Person AO | 0% |
| Person AP | 0% |
| Person AQ | 0% |
| Person AR | 0% |
| Person AS | 0% |
| Person AT | 0% |
| Person AU | 0% |
| Person AV | 0% |
| Person AW | 0% |
| Person AX | 0% |
| Person AY | 0% |
| Person AZ | 0% |
| Person BA | 0% |
| Person BB | 0% |
| Person BC | 0% |
| Person BD | 0% |
| Person BE | 0% |
| Person BF | 0% |
| Person BG | 0% |
| Person BH | 0% |
| Person BI | 0% |
| Person BJ | 0% |
| Person BK | 0% |
| Person BL | 0% |
| Person BM | 0% |
| Person BN | 0% |
| Person BO | 0% |
| Person BP | 0% |
| Person BQ | 0% |
| Person BR | 0% |
| Person BS | 0% |
| Person BT | 0% |
| Person BU | 0% |
| Person BV | 0% |
| Person BW | 0% |
| Person BX | 0% |
| Person BY | 0% |
| Person BZ | 0% |
| Person CA | 0% |
| Person CB | 0% |
| Person CC | 0% |
| Person CD | 0% |
| Person CE | 0% |
| Person CF | 0% |
| Person CG | 0% |
| Person CH | 0% |
| Person CI | 0% |
| Person CJ | 0% |
| Person CK | 0% |
| Person CL | 0% |
| Person CM | 0% |
| Person CN | 0% |
| Person CO | 0% |
| Person CP | 0% |
| Person CQ | 0% |
| Person CR | 0% |
| Person CS | 0% |
| Other | 0% |
Market context
The real-world event is which Democrat the party formally nominates for president in 2028, and the contract only pays out if the named individual both wins and accepts that nomination. With the current crowd-implied probability at 19% YES, the market is pricing a genuinely open field rather than a near-lock, so a programmatic trader would treat it as a long-dated, news-sensitive position rather than a binary tied to today’s polling alone.
That reading fits the recent historical pattern: early 2028 nominee markets and polling have repeatedly shown a fragmented field, with Gavin Newsom often near the front but not dominant, while Pete Buttigieg, Kamala Harris, Alexandria Ocasio-Cortez, Josh Shapiro and others cycle through contention depending on the survey set and forecasting model. Prediction-market coverage has shown Newsom around the low-to-mid 20s in implied probability, while separate polling round-ups still describe the race as wide open, which is the kind of spread that keeps conditional orders and laddering useful for power users watching volatility rather than just direction.[1][3][10][14]
For catalysts, the main inputs are public signalling: formal launch announcements, endorsement cascades, debate and primary-calendar changes, and any shift in who is actively organising before the first delegate-rich contests. The Democratic convention is expected in August 2028, with delegate accumulation beginning much earlier, so a trader monitoring this market programmatically would weight calendar events, fundraising reports, and official party communications more heavily than day-to-day noise; when a candidate consolidates establishment support or exits, repricing can be abrupt even if the nominee later changes, because the settlement rule keys off the final official nominee.[14]
Methodology
This page reviews Democratic Presidential Nominee 2028 across five venues. The live probability is the Polymarket mid-price, sourced directly from the on-chain Polygon order book; the comparison columns benchmark each venue on fee structure, KYC, settlement currency and payment rails. Every CTA routes to Polymarket Review UK, which mirrors the Polymarket order book at 0% fees.
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 Polymarket Review UK. 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 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 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.
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