Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Polymarket Qué Es) Pick polygram.ink (preferred broker) |
12% | 88% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | See live odds → |
Polymarket (direct) polymarket.com |
12% | 88% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | See live odds → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | See live odds → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | See live odds → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | See live odds → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| UNRWA | 12% |
| Volodymyr Zelenskyy | 11% |
| Donald Trump | 8% |
| Yulia Navalnaya | 7% |
| Pope Leo XIV | 5% |
| Tamim bin Hamad Al Thani | 4% |
| Greta Thunberg | 2% |
| International Court of Justice | 2% |
| Narendra Modi | 2% |
| Julian Assange | 1% |
| Elon Musk | 1% |
| António Guterres | 1% |
| Khaled Mashal | 1% |
| Recep Tayyip Erdoğan | 1% |
| Xi Jinping | 1% |
| Ahmed al-Sharaa | 1% |
| Charlie Kirk | 1% |
| Mohammed bin Salman | 1% |
| Vladimir Putin | 0% |
| Benjamin Netanyahu | 0% |
| Person A | 0% |
| Person B | 0% |
| Person C | 0% |
| Person D | 0% |
| Person E | 0% |
| Person F | 0% |
| Person G | 0% |
| Person H | 0% |
| Person I | 0% |
| Person J | 0% |
| Person K | 0% |
| Person L | 0% |
| Person M | 0% |
| Person N | 0% |
| Person O | 0% |
| Person P | 0% |
| Person Q | 0% |
| Person R | 0% |
| Person S | 0% |
| Person T | 0% |
| Person U | 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% |
| Other | 0% |
Market context
The Norwegian Nobel Committee will announce the 2026 Nobel Peace Prize on 9 October 2026, a decision that historically favours grassroots humanitarian efforts over political figures. Current crowd-implied probability sits at 8% for the "YES" outcome, reflecting a tight market where Sudan’s Emergency Response Rooms (ERRs) lead with a 23% implied probability on Kalshi, while Donald Trump trails at 6% despite surging odds in some circles[2][1]. Last year, the committee awarded Maria Corina Machado over Trump, signalling a preference for non-state actors when humanitarian crises are severe[1]. This precedent frames the current 8% as a conservative estimate for political candidates, given the committee’s recent tilt toward organisations like Doctors Without Borders, which holds a 16% implied probability[2].
Traders must monitor the Nobel Committee’s nomination deadlines and any major geopolitical shifts in Sudan or Ukraine, as these directly influence the prize’s direction. Recent analysis notes Trump’s odds have dropped from 55% late last year to 3/1 (25%) now, indicating volatility tied to his political standing[1]. The committee’s announcement schedule is fixed for 9 October, but early indicators may emerge from the International Peace Institute’s mid-year reports on conflict resolution[1]. On-chain, Polymarket prices this contract at 7% for Trump (third-most likely), while conditional tokens on Polygon allow USDC-based arbitrage across platforms like Kalshi, where a 83.5% cross-platform spread signals active arbitrage[3][1]. Watch for ERRs’ UN-recognised humanitarian work updates, as these could solidify their frontrunner status[1].
The market’s 8% probability hinges on whether the prize splits between individuals and organisations, a scenario that would resolve to the highest-ranked individual per the market’s precedence rules. If Trump, Zelenskyy, Netanyahu, Putin, or Musk are recipients, the market resolves to the top-ranked among them in that exact order[1]. Current data shows Zelenskyy at 9.8% and Trump at 6.8%, with Musk leading at 43.3% in some pools, though this reflects platform-specific volatility rather than consensus[3]. The settlement window ends 10 October 2026, aligning with the prize announcement, and USDC liquidity on Polygon ensures efficient conditional token trading for on-chain participants[3]. Traders should note the committee’s historical bias toward non-political actors, which may keep political candidates’ probabilities below 10% unless a major breakthrough occurs[1][2].
Methodology
Methodologically we separate two layers: the live probability (Polymarket mid-price) and the platform attributes (fee, KYC, settlement currency, payment rails). That keeps the comparison honest — a single canonical probability across the row, with the venue-by-venue trade-offs spelt out in the columns next to it.
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 Polymarket Qué Es 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 Pronóstico: Nobel Peace Prize Winner 2026 on Polymarket Qué Es
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