Best Election Prediction Markets in the US for 2026

Best Election Prediction Market Sites in the US

Election prediction markets differ in the races they cover, trading costs, and available features. We've compared platforms with verified election contracts to help you find the right option.

Polymarket offers a broad selection of election markets, while OG Markets provides another option for trading political event contracts. Compare available races, fees, liquidity, and settlement rules before choosing.

*Promotional offers are subject to eligibility and terms. Confirm current availability before claiming.

Our Top Election Prediction Markets Reviewed

We reviewed our partnered election prediction markets to see what each offers for US and international elections. Here's how Polymarket and OG Markets compare in terms of election coverage, trading features, fees, and settlement rules.

Polymarket - Best for Election Market Variety

Polymarket stands out for its wide range of election prediction markets. You can explore contracts covering: 

• US presidential elections
• Congressional races
• State elections
• General political outcomes worldwide.

For the 2026 midterms, Polymarket features markets on which party will control the House and Senate, along with governor races and other election results. This gives traders more choices than simply predicting the winner of a presidential election.

Another advantage is trading activity. Major election markets can attract millions of dollars in trading volume, making it easier to find buyers and sellers. However, smaller races may have fewer active traders.

Contract prices show market-implied probabilities and change as new information becomes available. You can buy or sell while trading remains open. Political trading fees depend on the contract price, while makers pay no trading fee.

Each market also has settlement rules explaining how the winning outcome is decided. These can include official election results and requirements for runoffs or delayed results.

The main drawback is availability. To ensure you're looking at fully available prices, double-check you're on the site intended only for United States residents.

OG Markets - Best for Straightforward Election Contracts

OG Markets is another option for trading election prediction markets, particularly if you prefer contracts focused on clear political outcomes.

Its election markets can cover which party controls Congress, primary winners, and other political results. OG also provides guidance on how these contracts work, making it easier for new users to understand election trading.

One useful feature is how OG displays contract prices as percentages. For example, a contract showing 60% costs approximately 60¢ and suggests a 60% market-implied probability. These prices can change as election news and trading activity affect the market.

Election contracts generally settle at $1 if your chosen outcome occurs or $0 if it doesn't. OG also publishes contract specifications, including election-related rules. You should review these before trading, especially for primaries and races with possible runoffs.

Trading fees and available prices depend on the contract. Liquidity also matters, as less active markets may be harder to enter or exit at your preferred price.

The main drawback is its less clearly established election-market depth compared with Polymarket. OG is worth considering for its simple contract format, but check its current election selection, fees, and availability before signing up.

Election Prediction Market Bonuses and Promotions

Some election prediction markets offer welcome bonuses or trading credits to new users. These promotions can help you get started, but the requirements differ between platforms.

Bonus funds and trade credits may have restrictions on eligible contracts, withdrawals, and expiration dates. Always check the latest terms to confirm whether an offer can be used for election trading.

What Are Election Prediction Markets?

Election prediction markets are platforms where you can trade contracts based on the results of elections. These contracts cover specific outcomes, such as who will win a presidential election, which party will control Congress, or who will win a Senate race.

Many election event contracts use a simple Yes/No format, while others let you choose between several possible outcomes.

Contract prices typically range from $0 to $1 and reflect how likely traders think an outcome is.

For example:

Will Candidate A win the election?

• Yes: 60¢
• No: 40¢

A 60¢ Yes contract suggests a 60% market-implied probability that Candidate A will win. However, this is only the market's estimate, not a guarantee of the election result.

You can buy contracts based on your prediction and, where supported, sell them before the election is decided. Prices can change as new polls, election news, and trading activity influence the market.

If you hold a standard winning contract until settlement, it pays $1. A losing contract settles at $0. Your actual return depends on the purchase price and any applicable fees.

How Election Prediction Markets Work

Election prediction markets let you buy and sell contracts based on election results. Here's how the process works:

1. Choose an election: Find an upcoming election, such as a presidential race, Senate election, or primary.
2. Select a market: Browse available markets covering candidates, party control, or other election outcomes.
3. Review the contract: Check the current price, available outcomes, and potential payout.
4. Check the settlement rules: Find out exactly what determines the winning outcome. A contract may depend on reported results, official certification, inauguration, or another specified event.
5. Choose your outcome: Select Yes or No, or choose from several possible results.
6. Buy your contracts: Decide how many contracts to purchase and confirm the total cost, including any fees.
7. Monitor the market: Follow price changes as polls, election news, and other developments affect trading.
8. Sell or hold: Where supported, sell your contracts before settlement or keep them until the outcome is confirmed.
9. Receive settlement: Standard winning contracts typically pay $1 each, while losing contracts settle at $0.

Always read the settlement rules before trading. A candidate winning the most votes on election night doesn't necessarily mean a contract will settle immediately. The platform may require official certification or another event before declaring the winning outcome.

What Elections Can You Trade on Prediction Markets?

Election prediction markets cover a wide range of political races in the US and around the world. You can trade contracts on individual candidates, political parties, and election results.

The available markets depend on the platform and upcoming elections. Here's a look at the main types of elections you may find.

Presidential Election Markets

Presidential election prediction markets let you trade contracts on who will win the White House. Some platforms also offer markets covering the winning party, Electoral College results, and individual states.

Congressional Election Markets

These markets cover elections for the US House of Representatives and Senate. You may find contracts on individual races, which party will control each chamber, and how many seats a party will win.

Congressional markets are especially relevant during midterm elections.

Primary Election Markets

Primary election markets focus on which candidates will win their party's nomination. They can cover presidential primaries, Senate primaries, and other congressional races.

Gubernatorial Election Markets

These contracts cover state governor elections. You can trade on which candidate or political party will win a particular state's race.

State and Local Election Markets

Some platforms offer contracts on state legislative elections, mayoral races, and other local contests. These markets may have fewer traders than major national elections.

International Election Markets

Election prediction markets aren't limited to the US. Some platforms cover elections in countries such as the UK, Canada, France, and Germany.

Available contracts may focus on winning candidates, political parties, or which party will form the next government.

Keep in mind: Not every platform offers all these election types. Market selection, trading activity, and availability can vary significantly between elections.

Types of Election Prediction Markets

Election prediction markets offer different ways to trade on election results. Some focus on individual candidates, while others cover political parties, seat totals, and voting margins.

Here are the main types of election event contracts you may find.

Election Winner Markets

These contracts let you trade on which candidate will win an election. They can cover presidential elections, congressional races, governor elections, and other contests.

For example, a market might ask, "Will Candidate A win the presidential election?"

You can choose Yes or No, while some markets offer separate contracts for several candidates.

Party Control Markets

Party control markets focus on which political party will control a government body after an election.

Common examples include:

• Which party will control the US House of Representatives?
• Which party will control the US Senate?
• Will one party control both chambers of Congress?

These markets can depend on the final number of seats each party holds rather than the result of one race.

Primary and Nomination Markets

Primary election markets let you trade on which candidate will win a party's primary or become its official nominee.

For example, you might find contracts on the Democratic or Republican nominee for a presidential or Senate election.

Check whether the contract settles based on primary results, an official nomination, or another specified event.

State-Level Election Markets

These markets cover election results in individual US states.

You may find contracts on governor races, US Senate seats, state legislative elections, and other statewide contests.

Some platforms also offer presidential election contracts based on which candidate wins a particular state.

Electoral College Markets

Electoral College markets focus on the number of electoral votes a presidential candidate receives.

Contracts may cover whether a candidate reaches a certain number of electoral votes or finishes within a specified range.

For example, a market might ask whether a candidate will win at least 300 electoral votes.

Election Margin and Seat Markets

These contracts focus on measurable election results rather than simply predicting the winner.

Examples include the number of House or Senate seats a party wins, a candidate's winning margin, or whether a party reaches a certain seat total.

Some markets may also cover vote-share percentages or the margin between two candidates.

Remember: Contract types vary by platform and election. Always check the exact outcome, settlement rules, and available trading activity before buying.

Election Prediction Market Odds and Prices

Election prediction market odds show how likely traders think an election outcome is. Prediction markets usually display these estimates as contract prices between $0 and $1.

For example, a contract priced at 60¢ suggests that traders believe an outcome has roughly a 60% chance of happening.

These election probabilities reflect current market prices, not guaranteed outcomes. Prices can change as new polls, campaign developments, election results, and trading activity affect the market.

How Election Contract Prices Affect Payouts

Let's say you're trading a contract asking whether Candidate A will win an election.

• Candidate A Yes price: 65¢
• Buy 100 contracts: $65
• Winning settlement: $100
• Potential gross profit: $35 before applicable fees

If Candidate A wins and the contract settles at $1, your 100 contracts pay $100 in total.

If Candidate A loses, the contracts settle at $0, and you lose your $65 purchase cost, plus any applicable fees.

Why Election Odds Change

Election prediction market odds can change throughout a campaign. Common reasons include new polling results, candidate announcements, debates, election news, and changes in trading activity.

You may also see different prices for the same election across platforms. This can happen because each market has its own traders, liquidity, and available contracts.

Remember: A candidate trading at 80¢ isn't guaranteed to win. Election contract prices represent what traders are willing to pay, not the actual probability of an election result.

What Moves Election Prediction Market Prices?

Election prediction market prices can change throughout an election campaign. New polls, political news, and trading activity can all affect how much people are willing to pay for a contract.

Here are the main factors that can influence election odds and prices.

Opinion Polls

Election polls show which candidates voters currently support. Strong or weak polling results can affect contract prices as traders update their expectations.

However, polls aren't always accurate, and a single poll may have little effect on the market.

Debates and Campaign Events

Presidential debates, campaign speeches, and major political events can influence election prediction market prices.

For example, a debate performance may change how traders view a candidate's chances, causing contract prices to rise or fall.

Candidate Announcements and Withdrawals

A candidate entering or leaving an election can significantly affect market prices.

Campaign announcements, changes in running mates, and decisions not to seek reelection can also influence related election contracts.

Endorsements

Endorsements from political figures, organizations, and other influential groups may affect how traders view an election.

The impact depends on the endorsement and whether traders believe it could influence the result.

Economic and Political Developments

Inflation reports, employment figures, major policy announcements, and other political developments can affect election markets.

Traders may respond to news they believe could influence voter opinions or the outcome of an election.

Election Results and Primary Results

Primary elections and other early results can change expectations for upcoming races.

As votes are counted, contract prices may move quickly. However, some markets remain open until official results or other settlement conditions are confirmed.

Trading Activity and Liquidity

Election prediction market prices also depend on buying and selling activity.

When more traders buy contracts for a particular outcome, its price may increase. Increased selling pressure can push prices lower.

Markets with fewer active traders may experience larger price changes, even when there is little new election information.

Remember: Election contract prices reflect what traders are willing to pay at a given time. They can respond to new information, but they don't guarantee the final election result.

Election Prediction Markets vs Polls

Election prediction markets and opinion polls both provide useful information about elections, but they measure different things.

Election polls ask voters which candidate or party they support. Election prediction markets show how traders price the chances of a particular election outcome.

Are Election Prediction Markets More Accurate Than Polls?

Neither method is always more accurate.

Some studies have found that prediction markets performed better than polls when forecasting election outcomes. Other research suggests that markets don't consistently provide better predictions than scientific polling.

Both also have limitations. Polls can be affected by sampling errors and changes in voter preferences. Prediction markets can be influenced by trading activity, low liquidity, and the expectations of their participants.

For example, a poll might show Candidate A receiving 48% support. At the same time, an election contract might price Candidate A's chance of winning at 65%.

These figures aren't contradictory. The poll measures voter support, while the contract price reflects traders' expectations of the final result.

Looking at both offers different perspectives on an election, but neither guarantees a winner.

How Accurate Are Election Prediction Markets?

Election prediction markets can provide useful estimates of election outcomes, but their prices aren't guarantees. A candidate with a 70% market-implied probability can still lose.

The accuracy of election prediction markets depends on several factors:

• Liquidity: Markets with more active buyers and sellers may produce more stable prices. Smaller markets can be affected by a few large trades.
• Timing: Prices can change significantly between the start of a campaign and Election Day as more information becomes available.
• Unexpected events: Candidate withdrawals, political developments, and other surprises can quickly change expectations.
• Trader participation: Prices reflect the views of people trading in the market, who may not represent the wider voting population.
• Polling information: Traders often use opinion polls to make decisions, meaning prediction market prices aren't completely independent of polling data.

How Is Prediction Market Accuracy Measured?

There are two main ways to assess election prediction markets.

Predicting the winner means checking whether the outcome with the highest market-implied probability actually won. However, this doesn't tell us how reliable the probabilities were.

Calibration measures how closely predicted probabilities match actual results across many events.

For example, if outcomes priced at 70% happen roughly 70% of the time across a large sample, those predictions are considered well-calibrated.

A market can correctly identify an election winner without being well-calibrated. Likewise, a well-calibrated market will sometimes assign higher probabilities to outcomes that eventually lose.

Research into election prediction markets has produced mixed results, with performance varying across elections, time periods, and market conditions.

The key takeaway: Election prediction markets show how traders assess possible outcomes. They can provide useful information, but no single contract price should be treated as a certain election forecast.

Election Prediction Markets vs Political Betting

Election prediction markets and traditional political betting both let you take positions on election outcomes. However, they work differently.

Prediction markets let you buy and sell election event contracts at prices set by trading activity. Traditional political betting involves placing wagers at odds offered by a bookmaker.

The biggest difference is how prices work. Election prediction market prices can change as traders buy and sell contracts. With traditional political betting, the odds on an accepted wager generally remain fixed.

US availability also differs. Election event contracts may be offered through federally regulated prediction markets, although legal disputes and location restrictions remain. Traditional election betting is generally not offered through licensed US sportsbooks.

Election Prediction Market Fees

Election prediction market fees can affect how much you earn from a successful trade. Costs vary by platform, contract type, and trading activity.

Besides trading fees, it's important to check bid/ask spreads and liquidity, especially when trading smaller election markets.

Transaction and Trading Fees

Some platforms charge a fee when you buy or sell election contracts. The amount may depend on the contract price, number of contracts, or type of order.

Polymarket uses price-based trading fees on eligible political markets. OG Markets also requires traders to check the fees that apply to each contract.

Maker and Taker Fees

Some prediction markets charge different fees depending on how you place your order.

• Maker: Places an order that other traders can accept, adding liquidity to the market.
• Taker: Accepts an existing order, removing liquidity from the market.

Polymarket charges taker fees on eligible political markets, while makers pay no trading fee. Other platforms may use different fee structures.

Bid/Ask Spreads

The bid/ask spread is the difference between the highest price someone offers to pay and the lowest price someone is willing to sell for.

For example:

• Highest buyer price: 58¢
• Lowest seller price: 61¢
• Bid/ask spread: 3¢

If you buy at 61¢ and immediately sell at 58¢, you lose 3¢ per contract before trading fees.

Wider spreads can make election contracts more expensive to trade.

Liquidity and Slippage

Liquidity describes how easily you can buy or sell contracts without causing a large price change.

Major presidential election markets may attract more trading activity than smaller state or local races.

In less active markets, there may not be enough contracts available at your preferred price. You might need to accept a worse price to complete your trade. This is known as slippage.

Check the available buy and sell prices, along with the number of contracts offered at those prices, before placing an order.

Deposit and Withdrawal Fees

Some platforms may charge fees for adding or withdrawing funds. Banks, payment providers, and crypto networks may also apply their own charges.

Check the available payment methods, minimum withdrawal amounts, and processing fees before funding your account.

The key takeaway: Don't compare election prediction markets using trading fees alone. A platform with low fees may still be expensive if its election contracts have wide spreads or limited liquidity.

How Election Prediction Markets Settle

Election prediction markets settle when the outcome defined in a contract's rules has been confirmed. These rules explain what must happen for a contract to win and when the result becomes final.

Standard winning contracts typically pay $1 each, while losing contracts settle at $0.

However, settlement doesn't always happen on Election Day. Some contracts may require official results, election certification, or another specific event before paying out.

What Can Affect Election Contract Settlement?

Several situations can delay settlement or change how a contract is resolved:

• Recounts: Close elections may require votes to be counted again before the result is confirmed.
• Delayed results: Counting mail-in ballots or other votes can take additional time.
• Legal challenges: Court cases and disputed results may delay the final outcome.
• Election certification: Some contracts require results to be officially certified before settlement.
• Candidate withdrawals: A candidate leaving the race may affect how certain contracts are resolved.
• Replacement candidates: Changes to a party's nominee may affect contracts involving specific candidates.
• Disputed outcomes: Unclear results can delay settlement until the conditions in the contract are met.

What Should You Check Before Trading?

Every election contract has its own settlement conditions. Before buying, review three important details:

• Resolution source: Who or what determines the official result? This could be an election authority or another source named in the contract.
• Settlement deadline: When will the contract be resolved, and what happens if the result is delayed?
• Winning outcome: What exactly must happen for your contract to pay $1?

For example, a contract based on official election certification may not settle when news networks announce a projected winner.

Always follow the contract's published settlement rules. They determine the winning outcome, even when the election result appears clear to the public.

How We Rank the Best Election Prediction Markets

We compare election prediction markets based on their election coverage, trading features, fees, and overall user experience. We also pay close attention to contract settlement rules, as election results can take time to become official.

Here's what we look at when ranking election prediction market sites.

Election Market Coverage

We check how many election markets each platform offers and whether they cover major upcoming elections. We look for active markets with useful contract choices rather than simply counting every listed event.

Market Variety

We assess the different types of election contracts available. These include presidential winners, party control, congressional races, primaries, governor elections, and international elections.

Platforms offering several ways to trade on the same election provide more choice.

Liquidity and Trading Activity

We look at how actively election contracts are traded and whether users can buy or sell at competitive prices.

Markets with more active buyers and sellers generally have tighter spreads. Smaller markets with limited liquidity can be harder to trade.

Contract and Settlement Clarity

We review how clearly each platform explains its election contracts and settlement rules.

This includes the exact winning conditions, official resolution sources, settlement deadlines, and rules for recounts or disputed results.

Clear settlement rules are especially important because an election's projected winner may not immediately meet the contract's winning conditions.

Fees and Pricing

We compare trading fees, maker and taker fees, bid/ask spreads, and other applicable costs.

We also consider how clearly platforms display contract prices and the total cost before a trade is confirmed.

Regulation and Availability

We review each platform's regulatory status, eligibility requirements, and location restrictions.

We also check whether election contracts are available to US users, as access can vary between platforms and individual markets.

Trading Experience

We assess how easy it is to find election markets, compare contract prices, and place trades.

Useful features include price charts, trading history, clear buy and sell prices, and information about available orders.

Mobile Experience

We test how easily users can browse election markets and manage positions on mobile devices.

We consider app and browser performance, navigation, price updates, and how simple it is to buy or sell contracts from a phone.

Our goal is to identify election prediction markets that combine useful election coverage with clear rules, competitive trading costs, and an easy-to-use platform.

How to Choose an Election Prediction Market

The best election prediction market for you depends on which elections you want to follow and how you plan to trade.

Here's what to look for based on your interests.

• For presidential elections: Choose platforms with active presidential markets and plenty of buyers and sellers. Strong liquidity can make it easier to trade at competitive prices.
• For congressional elections: Look for a good selection of House and Senate markets. Some platforms offer contracts on individual races, party control, and seat totals.
• For state elections: Compare platforms that cover more than national elections. Look for governor races, state legislative elections, and other local contests.
• For international elections: Check whether the platform offers markets outside the US. Available countries, elections, and contract types can vary.
• For active traders: Focus on liquidity, bid/ask spreads, and trading fees. These factors can affect your costs, especially if you buy and sell contracts frequently.
• For beginners: Choose a platform with simple contracts, clear prices, and easy-to-understand settlement rules. A straightforward trading experience can make getting started easier.

Whatever your preference, check the platform's availability and read the contract's settlement rules before trading. A wide selection of election markets is useful, but clear rules and fair trading costs matter just as much.

Are Election Prediction Markets Legal in the US?

Regulatory information last reviewed: October 2026.

Election prediction markets can legally operate in the US when offered through an appropriately regulated platform. However, the rules depend on the platform, the type of contract, and the user's eligibility.

Some election prediction markets operate under federal financial regulations rather than state gambling laws.

How Are Election Prediction Markets Regulated?

The Commodity Futures Trading Commission (CFTC) oversees federally regulated prediction markets.

Under the Commodity Exchange Act, qualifying election event contracts can be traded through CFTC-registered exchanges. These exchanges must follow rules covering market integrity, trading activity, and customer protection.

This framework is different from traditional political betting, which falls under gambling laws.

Not every website offering election predictions operates under the same regulatory structure.

The Legal History of Election Prediction Markets

Election prediction markets have faced legal challenges in the US.

A major development came in 2024, when Kalshi challenged the CFTC's decision to block contracts based on which party would control Congress.

A federal district court ruled in Kalshi's favor, allowing those congressional election contracts to proceed. The case helped establish a legal path for federally regulated election contracts.

In February 2026, the CFTC also withdrew an earlier proposal that could have restricted certain political event contracts.

These developments helped shape today's election prediction market industry, although they don't mean every political contract is automatically permitted.

Are Election Prediction Markets Available in Every State?

The CFTC maintains that federally regulated prediction markets operate under federal law and can serve eligible users nationwide.

However, this doesn't mean every election contract is available to every US user.

Availability can depend on the platform, its regulatory status, the specific contract, and account eligibility requirements.

Federal and state authorities also continue to disagree over the regulation of certain prediction-market products, particularly sports event contracts.

Age Requirements and Identity Verification

Election prediction market platforms generally require users to meet minimum age requirements and verify their identity.

The registration process may include:

• Providing your name, date of birth, and address.
• Confirming your identity through a KYC check.
• Verifying your location and eligibility.
• Agreeing to the platform's trading terms.

Requirements vary by operator, so check the rules before creating an account.

Can Election Prediction Market Regulations Change?

Yes. Prediction-market regulation continues to develop as regulators, courts, and exchanges address new types of event contracts.

Changes to federal rules, court decisions, or platform policies may affect which election contracts are offered and who can trade them.

Before trading, check the platform's regulatory status, current availability, age requirements, and contract rules. Don't assume that access to one election prediction market means every platform or contract is available in your location.

Risks of Election Prediction Markets

Election prediction markets involve financial risks, and contract prices don't guarantee election results. Before trading, it's important to understand the potential losses, trading costs, and settlement rules.

You Can Lose Your Entire Contract Purchase

Election contracts typically settle at $1 if your chosen outcome happens or $0 if it doesn't.

For example, if you spend $60 on contracts that eventually settle at $0, you lose your full $60 purchase cost, plus any applicable fees.

Market Probabilities Can Be Wrong

A candidate with a 70% market-implied probability isn't guaranteed to win.

Contract prices reflect what traders are willing to pay, not the actual chances of an election outcome. Even candidates with high market-implied probabilities can lose.

Election News Can Move Prices Quickly

Debates, candidate withdrawals, campaign announcements, and unexpected political developments can cause sudden price changes.

A contract may lose value quickly when traders react to new information.

Liquidity Can Vary

Major presidential election markets may attract more traders than smaller state or local elections.

Markets with fewer buyers and sellers can have wider spreads, making it harder to trade at your preferred price or sell early.

Polls Can Influence Market Prices

Traders often use election polls when deciding which contracts to buy or sell.

However, polls have their own limitations, including sampling errors and changing voter preferences. Prediction market prices can therefore reflect incorrect or incomplete polling information.

Settlement Rules Can Be Complex

Election contracts don't always settle when news organizations announce a winner.

Some contracts depend on official certification, final vote counts, or other specific conditions. Recounts, legal challenges, and delayed results can also affect settlement.

Always check the contract's resolution source and winning conditions before trading.

Fees Can Reduce Returns

Trading fees, commissions, bid/ask spreads, and payment charges can reduce your potential profit.

Even a successful election prediction may produce a smaller return than expected once these costs are included.

Regulation and Availability Can Change

Election prediction markets operate under an evolving regulatory framework.

Changes to regulations, court decisions, or platform policies can affect which contracts are available and who can trade them.

Check the platform's current eligibility requirements and location restrictions before opening an account.

Remember: Election prediction markets show traders' expectations, not certain political forecasts. Only trade amounts you can afford to lose, and review the contract's costs and settlement rules before buying.

How to Start Trading Election Prediction Markets

Getting started with election prediction markets involves a few simple steps:

• Compare platforms: Review election coverage, trading fees, liquidity, and available features.
• Check availability: Make sure the platform and its election contracts are available in your location.
• Register and verify: Create an account and complete the required identity verification (KYC).
• Fund your account: Choose a payment method and deposit funds.
• Find election markets: Browse presidential, congressional, state, or international elections.
• Choose a contract: Select the election outcome you want to trade.
• Read the settlement rules: Check what determines the winning result and when the contract settles.
• Review the price: Check the contract's cost, market-implied probability, and applicable fees.
• Choose your position: Decide how many contracts to buy and confirm your trade.
• Sell or hold: Sell your contracts early where supported, or hold them until settlement.

Always check the contract's settlement conditions and potential loss before placing a trade.

Election Prediction Markets Pros and Cons

Election prediction markets offer a different way to follow political races, letting you trade contracts rather than place a fixed-odds bet.

As with any trading product, there are advantages as well as risks worth weighing up.

Election prediction markets can appeal to users who want a trading-style way to follow political events.

However, they are not without risk. Fees, liquidity, and settlement rules should all factor into your decision before you trade.