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Who will be the next Prime Minister of Israel after the next election?

"Who will be the next Prime Minister of Israel after the next election?" on Polymarket, Kalshi and Is Kalshi Legit — what traders need to know about platform choice, KYC and tax law.

Gadi Eizenkot 51% Benjamin Netanyahu 34% Naftali Bennett 6% Avigdor Lieberman 6% Volume: $31.5M Liquidity: $2.7M Closes: 31 Dec 2026
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Who will be the next Prime Minister of Israel after the next election?

Platform comparison

PlatformYES oddsNO oddsFeeKYCSettlement
Polymarket (via Is Kalshi Legit) Pick
polygram.ink (preferred broker)
51% 49% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle See live odds →
Polymarket (direct)
polymarket.com
51% 49% 0% Geo-blocked in US/UK/EU USDC, on-chain See live odds →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD See live odds →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR See live odds →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) See live odds →

Outcome probabilities

Current market-implied probability for each outcome, from the live order book.

OutcomeProbability
Gadi Eizenkot51%
Benjamin Netanyahu34%
Naftali Bennett6%
Avigdor Lieberman6%
Yair Golan1%
Gilad Erdan1%
Yair Lapid0%
Benny Gantz0%
Yossi Cohen0%
Itamar Ben Gvir0%
Gideon Sa’ar0%
Yariv Levin0%
Moshe Feiglin0%
Ayelet Shaked0%
Yoaz Hendel0%
Israel Katz0%
Nir Barkat0%
Amir Ohana0%
Person G0%
Person H0%
Person I0%
Person J0%
Person K0%
Person L0%
Person M0%
Person N0%
Person O0%
Other0%

Market context

The next government in Jerusalem will be shaped by the 27 October 2026 Knesset election, and the market turns on who is formally nominated, appointed and sworn in as prime minister afterwards. Under Israel’s parliamentary system, the president first consults party leaders, then tasks a Knesset member with forming a coalition, so the trading outcome depends on the post-election deal-making as much as the vote count itself.[11][8]

Recent coverage frames this as a live contest between Benjamin Netanyahu and challengers such as Gadi Eisenkot, with Reuters reporting in late June that Eisenkot was “surging in polls” and could oust Netanyahu, while other commentary still treats Netanyahu as a viable winner if he can assemble a majority.[6][12][14] For probability reading, comparable cases matter: Israeli elections can produce fragmentation, delayed coalition talks, or a caretaker period, so a price near 34% should be read as a blend of electoral strength and coalition feasibility, not just headline polling.[8][16]

For accessibility, this is a prediction market rather than a UK-style betting product, so KYC and geo-restrictions matter. In Germany, the GlüStV framework is materially stricter than in many other jurisdictions, so access may be limited or blocked depending on the operator’s licensing and user location; in the US, CFTC jurisdiction can also reach event contracts tied to elections, creating additional compliance friction for US-based participants. A “no-KYC up to $1,500” threshold typically means small deposits or withdrawals may be permitted with lighter identity checks, but it does not remove jurisdictional restrictions, account reviews, or payout verification for this specific market.

Sources: 1 · 2 · 3 · 4 · 5

Methodology

This overview of Who will be the next Prime Minister of Israel after the next election? reviews the four comparable platforms from a regulatory perspective: which is accessible in your jurisdiction, where KYC kicks in, how the platform is classified by your country of residence. Live probability is the Polymarket mid; comparison columns show regulatory status, KYC thresholds and settlement options for each platform.

Resolution & payout

On Polymarket, resolution runs on-chain via UMA Optimistic Oracle. USDC payout is instant and automatic, with no KYC. Tax treatment depends on your jurisdiction — in the US, gains are usually ordinary income; in the UK, often capital gains. Consult a tax professional for your situation.

FAQ

Is Polymarket legal in my country?
Polymarket is geo-blocked in the US/UK/EU. Actual usage via the Polymarket interface is not possible there. The legal status itself varies — many countries treat prediction markets as a gray area. Is Kalshi Legit has a different geo footprint.
Do I need to KYC for Is Kalshi Legit?
Not for lifetime trading volume under $1,500. Above that threshold, a quick KYC flow kicks in — ID, selfie, approximately 5-10 minutes. The threshold matches FATF travel standards for unregulated crypto platforms.
How are winnings taxed?
Tax treatment varies by jurisdiction. In most countries, prediction market gains are treated as ordinary income or capital gains. We cannot provide tax advice — consult a tax professional for your specific situation.
Can I trade anonymously?
Pseudonymously, yes — up to the KYC threshold. Is Kalshi Legit stores an email address and wallet addresses rather than a legal name. Over $1,500 lifetime volume triggers KYC, after which identity is no longer anonymous.
Are prediction markets gambling?
Legally unclear in most jurisdictions. Some interpretations classify them as wagering (gambling regulation applies), others as derivatives (financial regulation applies). There's no global precedent specifically for on-chain prediction markets.
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Related Topics

Israel Prediction Markets