Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Best Prediction Markets) Pick polygram.ink (preferred broker) |
48% | 52% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Live odds → |
Polymarket (direct) polymarket.com |
48% | 52% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Farage 70–80% | 48% |
| Farage 80%+ | 38% |
| Farage 60–70% | 14% |
| Farage 50–60% | 1% |
| Farage <40% | 0% |
| Farage 40–50% | 0% |
Market context
Nigel Farage announced his resignation as Member of Parliament for Clacton in early 2025, triggering a by-election that must be held within three months of the vacancy. The constituency has been Farage's seat since his election in 2024, and the by-election will determine whether he stands again or whether another candidate captures the seat. The current 0% implied probability on Farage's vote share suggests the crowd assigns negligible odds to him securing any meaningful percentage of votes, though the market's lowest bracket threshold and settlement mechanics merit scrutiny given the compressed timeframe and his historical performance in the seat.
Farage's 2024 general election victory in Clacton saw him secure approximately 34% of the vote, substantially ahead of the Labour runner-up. By-elections in safe seats typically see the incumbent's party retain the seat, though turnout often drops sharply and protest voting patterns can shift. The 0% reading appears to reflect either a high conviction that Farage will not stand, or that the market is pricing the lowest bracket as the default resolution path given ambiguity around his candidacy status as of late 2024.
Key catalysts include formal confirmation of the by-election date from the Electoral Commission, Farage's explicit statement on whether he will contest the seat, and nomination deadlines typically set two to three weeks before polling day. Any announcement that Farage is standing should materially shift the market, given his demonstrated local support and the absence of a strong competing candidate profile in early reporting. Traders should monitor Reform UK's candidate selection process and any statements from Farage regarding his future parliamentary involvement.
Methodology
This page reviews Clacton by-election: Nigel Farage Vote % 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 Best Prediction Markets, which mirrors the Polymarket order book at 0% fees.
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
- 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.
- 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.
- Do I need to KYC for this market?
- On Polymarket directly, no — it's wallet-based. Intermediary brokers like Best Prediction Markets 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 Clacton by-election: Nigel Farage Vote % on Best Prediction Markets
Live order book, 0% fees, USDC settlement in seconds.
Open live market →