Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via PolyGram) Pick polygram.ink (preferred broker) |
62% | 38% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | View on Polymarket → |
Polymarket (direct) polymarket.com |
62% | 38% | 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 |
|---|---|
| Lisa Demuth | 62% |
| Mike Lindell | 36% |
| Kendall Qualls | 1% |
| Scott Jensen | 0% |
| Jeff Johnson | 0% |
| Patrick Knight | 0% |
| Brad Kohler | 0% |
| Chris Madel | 0% |
| Phil Parrish | 0% |
| Kristin Robbins | 0% |
| Other | 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% |
| Candidate P | 0% |
| Candidate Q | 0% |
| Candidate R | 0% |
| Candidate S | 0% |
| Candidate T | 0% |
| Candidate U | 0% |
| Candidate V | 0% |
| Candidate W | 0% |
| Candidate X | 0% |
| Candidate Y | 0% |
| Candidate Z | 0% |
Market context
The Republican primary for Minnesota governor is a two-way market at the top, but the underlying field has been unusually fragmented, which matters because a crowded contest can make a frontrunner vulnerable if turnout concentrates elsewhere. Lisa Demuth won the party’s straw poll with about 31.9% against Kendall Qualls on 25.3% and Mike Lindell on 17.7%, yet late polling has pointed in a different direction: a SurveyUSA poll for KSTP in late July and early August showed Lindell ahead 34% to 28% over Demuth, while other recent summaries have described the race as tight and volatile.[1][2][6]
That backdrop helps explain why the current **62%** crowd-implied probability for Demuth looks firmer than some analyst-style reads, but still not overwhelming. A live-odds comparison site has recently shown Lindell around 71% and Demuth around 29%, which is a much sharper lean than the prediction-market pricing reported elsewhere, where Demuth has been near the low-60s and Lindell around 20%.[12][18] The spread suggests traders are weighing whether straw-poll organisation and party-network support will matter more than the late polling surge for Lindell, whose name recognition appears to be doing more work than the broader field’s first-choice consolidation.[2][12]
The key catalysts are procedural rather than policy-driven: Minnesota’s primary is set for Tuesday 11 August, with early voting already under way, and the market can move quickly once the Minnesota Republican Party issues an official result or credible reporting shows an overwhelming consensus.[7] Traders should watch turnout patterns, any last-day endorsements, and whether the six-plus candidate field fragments enough votes to keep the winner below a majority in the first count, since the contract also allows for any second round or run-off in a contest structured that way.[3][7]
Methodology
We track Minnesota Governor Republican 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
- 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'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.
- 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.
- 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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