Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
78% | 22% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
78% | 22% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | View on Polymarket → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | View on Polymarket → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | View on Polymarket → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | View on Polymarket → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Abdul El-Sayed | 78% |
| Haley Stevens | 22% |
| Mallory McMorrow | 0% |
| Dana Nessel | 0% |
| Rashida Tlaib | 0% |
| Sarah Anthony | 0% |
| Kristen McDonald Rivet | 0% |
| Andy Levin | 0% |
| Matt Sahr | 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% |
| Other | 0% |
Market context
Michigan will hold a Democratic primary election for its U.S. Senate seat in 2026, with the winner determined by party members during the state's primary voting period. The current 0% implied probability suggests the market has not yet crystallised around any declared or likely candidate, reflecting the early stage of the electoral cycle and the absence of formal campaign announcements.
Historical precedent offers limited direct comparison, as Michigan's last competitive Democratic Senate primary occurred in 2018, when Debbie Stabenow ran unopposed in her re-election bid. The 2012 primary saw a contested race between Stabenow and Bing Goei, though Stabenow's dominance was never in serious doubt. These cases demonstrate that Michigan's Democratic primary outcomes often reflect the strength of incumbent positioning or the clarity of early frontrunner status. The 2026 race will depend heavily on whether Stabenow seeks a fifth term or retires, a decision that typically reshapes the entire field's composition and viability.
Key catalysts include Stabenow's formal announcement regarding her candidacy, expected sometime in 2025, and the Michigan Democratic Party's primary calendar release. Filing deadlines and candidate declaration periods will narrow the field substantially. Recent reporting from Michigan political outlets indicates no major Democratic figures have yet launched exploratory committees, consistent with the market's current assessment. Traders should monitor national Democratic recruitment efforts and any shifts in Michigan's political landscape that might affect candidate recruitment or electability calculations in what remains a competitive swing state.
Methodology
This page is a comparison snapshot: one live quote, four reference venues with their key attributes, and a single execution path — every trade button routes to PolyGram, which mirrors the Polymarket order book directly.
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
- 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.
- 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.
- 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 Michigan Democratic Senate Primary Winner on PolyGram
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