Platform comparison
| Platform | YES odds | NO odds | Fee | KYC | Settlement | |
|---|---|---|---|---|---|---|
Polymarket (via Robinhood Prediction Markets) Pick polygram.ink (preferred broker) |
84% | 16% | 0% (USDC on-chain) | No-KYC up to $1,500 | USDC, auto via UMA oracle | Go to the live market → |
Polymarket (direct) polymarket.com |
84% | 16% | 0% | Geo-blocked in US/UK/EU | USDC, on-chain | Go to the live market → |
Kalshi kalshi.com |
— | — | Up to 7% per trade | US-only, KYC required | USD | Go to the live market → |
Betfair Exchange betfair.com |
— | — | 2-5% commission | Full KYC from first trade | GBP / EUR | Go to the live market → |
Manifold Markets manifold.markets |
— | — | Play-money (mana) | None — play-money | Mana (no cash-out) | Go to the live market → |
Outcome probabilities
Current market-implied probability for each outcome, from the live order book.
| Outcome | Probability |
|---|---|
| Magdalena Andersson | 84% |
| Ulf Kristersson | 16% |
| Jimmie Åkesson | 1% |
| Ebba Busch | 0% |
| Anna-Karin Hatt | 0% |
| Nooshi Dadgostar | 0% |
| Simona Mohamsson | 0% |
| Amanda Lind | 0% |
| Daniel Helldén | 0% |
| Other | 0% |
| Elisabeth Thand Ringqvist | 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
Sweden’s 13 September 2026 general election will decide the Riksdag, and the new parliament will then elect the next prime minister, so the market is really about post-election coalition arithmetic rather than a direct popular vote. On Polymarket, the quoted figure is a crowd-implied probability in percentage terms, whereas similar books on Kalshi, Betfair, or Smarkets usually display decimal odds or exchange-style prices that need converting back into an implied chance; that matters when comparing a 12% position with a rival book’s quoted price after fees and spreads. Platform access also differs: Polymarket is crypto-native and not broadly open to US retail, while Betfair and Smarkets are more heavily dependent on jurisdiction and KYC, and their effective cost depends on commission or exchange fees rather than a simple embedded spread.
Historically, Sweden’s prime ministerial outcomes have turned on bloc discipline and post-election bargaining, not on the first headline poll after the campaign begins. Reuters reported in April that Ulf Kristersson signalled a possible majority-government path with the Sweden Democrats if the centre-right wins, while a June Reuters poll story said the centre-left opposition held a lead ahead of the election. That combination argues for reading low-teens pricing as a market that is still sensitive to coalition scenarios: an incumbent return, a centre-left breakthrough, or a hung parliament that forces compromise before any appointment is confirmed. Polymarket’s leading price can therefore diverge from exchange books that incorporate different fee structures or thinner local liquidity.
Catalysts are likely to be nomination timing, bloc negotiations after the vote, and the formal Riksdag process that follows the election, because the market only resolves when one person is officially appointed and assumes office. Any delay into caretaker rule would leave the event open until a new government is approved, which can push pricing around coalition statements, speaker consultations, and party conference signals. Traders comparing books should watch whether one platform tightens faster around opinion-poll releases or leadership announcements, since exchange markets such as Betfair and Smarkets can reprice more sharply when liquidity is concentrated, while Polymarket often tracks headline sentiment in percentage terms.
Methodology
This page compares Next Prime Minister of Sweden specifically across Polymarket, Kalshi, Betfair Exchange and Smarkets. The live probability is the Polymarket mid; the comparison columns summarise each venue's fee structure, KYC, settlement currency and payment rails. Every CTA routes to Robinhood Prediction Markets, which mirrors the Polymarket order book at 0% fees.
Resolution & payout
Polymarket settles via UMA Optimistic Oracle on Polygon. A proposer posts the outcome with a bond, the two-hour window runs, then the smart contract pays USDC.
Kalshi settles USD through the CFTC-regulated clearinghouse — the cleanest variant, with heavier KYC. Betfair Exchange settles in account currency (GBP/EUR), net of 2-5% commission. Smarkets follows the same model as Betfair with a lower default 2% commission.
FAQ
- What does Polymarket cost vs Kalshi?
- Polymarket: 0% fees, only Polygon network costs (~$0.01/trade). Kalshi: up to 7% per trade plus spread. For high-frequency traders, Polymarket is dramatically cheaper.
- Which platform has the deepest liquidity?
- Polymarket — by a wide margin. Top markets reach $50-500M volume, Kalshi ~$200M cumulative, Betfair similar. Deeper liquidity means your trade moves the quote less.
- Which platform is accessible globally?
- Polymarket is geo-blocked in the US/UK/EU. Kalshi is US-only. Betfair and Smarkets are UK-restricted. Robinhood Prediction Markets has a different geo footprint and routes to Polymarket's order book at 0% fees.
- Are all these platforms regulated?
- No. Kalshi is CFTC-regulated (US). Betfair and Smarkets are UK Gambling Commission licensed. Polymarket operates without explicit regulation — a different risk profile than a regulated sportsbook.
- Which platform supports Klarna/SOFORT?
- Directly: none. Polymarket accepts only USDC on Polygon. Robinhood Prediction Markets offers a fiat on-ramp via Klarna or SOFORT (DE/AT/CH) and converts internally to USDC for the Polymarket order book. T+1 processing.
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