TOTAL VOLUME:
$154.4b
24H VOL:
$230,589,906
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,885,293,300
410,482
Markets across
40,213
events
MATCHED EVENTS:
4,340
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 9, 4:34 AM EST
Polymarket
This group forecasts the margin of victory in the 2026 Holborn and St Pancras by-election, triggered by Keir Starmer's resignation. Markets focus on whether the Green or Labour candidate will win, and by what margin, with some markets also considering the possibility of a win by another candidate.
A by-election for the United Kingdom parliamentary constituency of Holborn and St Pancras is scheduled to be held on October 8, 2026, following the resignation of incumbent Sir Keir Starmer. This market will resolve according to the margin of victory between the top two candidates in this by-election. The “margin of victory” is defined as the absolute difference between the percentages of valid votes received by the candidate who wins the most valid votes and the candidate who wins the second-most valid votes. Percentages will be determined by dividing the total number of valid votes each of the top two candidates receives by the total number of valid votes cast in the by-election. Valid vote percentages will be counted only where the official results attribute them to the candidate in question. If the reported value falls exactly between two brackets, then this market will resolve to the higher margin bracket. If a candidate standing for a party other than the Labour Party or the Green Party wins the most valid votes, this market will resolve to "Another candidate wins". If two or more candidates tie for the most valid votes, this market will resolve to the lowest margin bracket for the candidate whose party name comes first in alphabetical order. If the results of this by-election are not definitively known by June 30, 2027, 11:59 PM ET, this market will resolve to "Another candidate wins". This market will resolve based on the results of this by-election as indicated by a consensus of credible reporting. If there is ambiguity, this market will resolve based solely on the official results as published by Camden Council (https://www.camden.gov.uk/).
The event resolves based on whether the Green Party achieves a margin of victory of at least 3%, 6%, 9%, 12%, 15%, or 18% in the 2026 Holborn and St Pancras by-election. The margin is calculated as the Green Party’s vote share minus the vote share of the candidate immediately behind them if they win, or the vote share of the first-place candidate if they lose. A positive margin indicates a win, a negative margin a loss, and zero a tie for first place. Thresholds are inclusive of their lower bounds with no rounding applied, and the maximum possible margin is 100 percentage points. In the event of an unresolved tie for first place by expiration, proportional payouts apply for ranges containing zero, while all other ranges resolve as No. Certified results, fully-conducted elections provisions, and accelerated resolution rules also apply as specified in the full rules.
Prices on Polymarket and Kalshi may diverge due to several factors. Differences in trader demographics, market design, and trading fees can all contribute to price discrepancies. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Furthermore, differing levels of information access and interpretation among traders on each platform can lead to varied assessments of the likely outcome in the Holborn and St Pancras by-election. The volume traded on each platform also plays a role; a market with higher volume generally has tighter spreads and may be more reflective of broad consensus. These variations are a natural part of a decentralized forecasting system.
Several factors could significantly impact trading activity and price movement in this market. Major campaign announcements, shifts in national political sentiment, unexpected endorsements, or significant events affecting candidate reputations could all influence traders’ perceptions. Polling data releases, while often already factored into prices, can still cause short-term volatility. Any news related to voter turnout or potential irregularities could also move the market. Monitoring these signals will be crucial for understanding the evolving forecasts for the Holborn and St Pancras by-election.