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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 Polymarket Tax UK — what traders need to know about platform choice, KYC and tax law.

Gadi Eizenkot 51% Benjamin Netanyahu 33% Naftali Bennett 7% Avigdor Lieberman 6% Volume: $31.2M Liquidity: $2.3M 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 Polymarket Tax UK) Pick
polygram.ink (preferred broker)
51% 49% 0% (USDC on-chain) No-KYC up to $1,500 USDC, auto via UMA oracle Trade this market →
Polymarket (direct)
polymarket.com
51% 49% 0% Geo-blocked in US/UK/EU USDC, on-chain Trade this market →
Kalshi
kalshi.com
Up to 7% per trade US-only, KYC required USD Trade this market →
Betfair Exchange
betfair.com
2-5% commission Full KYC from first trade GBP / EUR Trade this market →
Manifold Markets
manifold.markets
Play-money (mana) None — play-money Mana (no cash-out) Trade this market →

Outcome probabilities

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

OutcomeProbability
Gadi Eizenkot51%
Benjamin Netanyahu33%
Naftali Bennett7%
Avigdor Lieberman6%
Gilad Erdan1%
Yair Lapid0%
Benny Gantz0%
Yossi Cohen0%
Yair Golan0%
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

Israel’s October 2026 Knesset election will decide who is eventually sworn in as prime minister, with Benjamin Netanyahu still the incumbent but facing a fragmented field and persistent challenger interest around Gadi Eizenkot and Naftali Bennett.[14][19] Reuters said on 29 July that successive surveys show Netanyahu on course to lose the election, while earlier reporting has identified Eizenkot as a leading contender and the strongest challenger in the race.[19][2]

The current **35% YES** crowd-implied probability is best read against a race that is still contingent on coalition arithmetic rather than a direct popular vote. Israeli governments are formed after the president consults party leaders and nominates a Knesset member who can assemble a majority, so polling strength does not translate automatically into the final officeholder; caretaker or interim arrangements also do not satisfy this market’s resolution rule.[8][15] That matters for accessibility and compliance too: if you are viewing this through a German lens, a platform’s blocking or geo-restriction can reflect the GlüStV licensing regime rather than the event itself, while a US-facing venue may still sit within CFTC enforcement reach if it offers regulated derivatives-like access to US persons. A **no-KYC up to $1,500** policy means a user can usually access smaller stakes without identity verification, but it does not remove country restrictions or make the market uniformly available in every jurisdiction.

Traders should watch the formal election timetable, any early-election dissolution, and, after polling day, the coalition talks that determine who can command a majority in the Knesset.[15][8] The most important catalysts are party lists, alliance announcements, and endorsement switches from mid-size blocs that can move the likely nominee. Reuters’ 29 July report that Netanyahu is trailing in successive surveys is useful context, but the decisive event remains the swearing-in of the next prime minister, not the headline polling lead.[19]

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.

UK Frequently Asked Questions

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. Polymarket Tax UK has a different geo footprint.
Is Polymarket regulated by the UKGC?
No. Polymarket is not licensed by the UK Gambling Commission (UKGC). It is a decentralised prediction market operated under US regulation. UK traders can use it but do not benefit from UKGC dispute resolution or player protection requirements.
What are the HMRC tax rules on Polymarket profits for UK traders?
Polymarket profits are treated as cryptocurrency disposal events by HMRC. Each USDC settlement is a taxable event subject to Capital Gains Tax (CGT). For 2026/27, the CGT rate is 18% (basic rate) or 24% (higher rate). The annual CGT exemption is £3,000. Report via HMRC Self Assessment if your total crypto gains exceed £3,000 or proceeds exceed £50,000.
Does Polymarket KYC apply to UK users?
Yes. Polymarket requires KYC (Know Your Customer) verification for all users, including UK residents. You must provide a government-issued photo ID and a selfie. The process typically takes 5–10 minutes via their ID verification provider.
What is the legal difference between Polymarket and Betfair Exchange for UK traders?
Betfair Exchange is UKGC-licensed, meaning UK consumer protections apply and winnings are typically tax-free. Polymarket is not UKGC-licensed — it operates under decentralised blockchain rules. Profits from Polymarket are subject to HMRC CGT as crypto disposals. Choose based on your regulatory preference and tax situation.
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Related Topics

Israel Prediction Markets