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Will the Senate pass a reconciliation bill by 2026?

Polymarket vs Kalshi vs Betfair vs Smarkets for "Will the Senate pass a reconciliation bill by 2026?" — live odds, fees and KYC side-by-side.

0% YES 100% NO Volume: $227K Liquidity: $54K Closes: 31 May 2026
Trade on PolyGram →

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
PolyGram Pick
polygram.ink
0% 100% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Open on PolyGram →
Polymarket
polymarket.com
0% 100% 0% Geo-blocked in US/UK/EU USDC, on-chain Open on PolyGram →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Open on PolyGram →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Open on PolyGram →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Open on PolyGram →

Live odds for Polymarket-based markets come from the Polygon order book. Non-Polymarket venues show attributes only; clicking any row opens the market on PolyGram.

Active sub-markets

May 150% YES100% NO
May 312% YES98% NO
May 220% YES100% NO
June 3077% YES23% NO
June 28% YES93% NO
June 547% YES53% NO

Market context

This market will resolve to "Yes" if the US Senate passes a reconciliation bill by the specified date, 11:59 PM ET. Otherwise, this market will resolve to "No". The primary resolution source for this market will be official information from the US Government. However, a consensus of credible reporting will also be used.

Methodology

We read Will the Senate pass a reconciliation bill by 2026? from four platform perspectives: Polymarket (on-chain CLOB), Kalshi (CFTC-regulated exchange), Betfair Exchange (sports book exchange), Smarkets (peer-to-peer betting exchange). Polymarket's live quote comes directly from the Polygon order book; the other three are listed with their platform attributes — fees, KYC, settlement currency, payment options — because a 1:1 contract comparison without API access would be guesswork.

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

Where can I trade this market with the lowest fees?
On PolyGram, which mirrors the Polymarket order book at 0% fees. Kalshi charges up to 7% per trade; Betfair Exchange takes 2-5% commission on net winnings.
Is this market available outside the US?
PolyGram is available in most jurisdictions where Polymarket isn't directly accessible. Polymarket itself is geo-blocked in the US/UK/EU. Always check local regulations.
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 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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Live order book, 0% fees, USDC settlement in seconds.

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