politics

Labour leadership election scheduled by December 31, 2026?

PlatformPolymarket Expires2026-06-30 Volume$9,957 Open Interest$28,414
YES
99¢
Implied probability: 99.0%
NO
Implied probability: 0.2%
30-DAY PROBABILITY HISTORY Low 99¢ · High 99¢ · Δ +0.0pp
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YES Price
99¢
NO Price
Total Volume
$9,957
Open Interest
$28,414
Expiration
2026-06-30
Days Left
2
About this market

What resolves this contract

This market will resolve to "Yes" if a leadership election for the UK-wide Leader of the Labour Party is scheduled by the specified date, ET. Otherwise, this market will resolve to "No". This market is about whether a date for any Labour Party leadership election is announced within this market's timeframe. Whether the election is supposed to take place within this market's timeframe or later will have no effect on the resolution to this market. The resolution source for this market will be official information from the Labour Party, however a consensus of credible reporting may be used.

How to read the price

Prediction market prices are expressed in cents on the dollar. A YES contract trading at 99¢ means the market is pricing in a 99.0% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.

Volume vs. open interest

Total traded volume ($9,957) reflects every buy and sell across the life of this contract. Open interest ($28,414) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.

Where to trade this market

This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.

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FAQ

Common questions about this market

How is this market resolved?

This market will resolve to "Yes" if a leadership election for the UK-wide Leader of the Labour Party is scheduled by the specified date, ET. Otherwise, this market will resolve to "No". This market is about whether a date for any Labour Party leadership election is announced within this market's timeframe. Whether the election is supposed to take place within this market's timeframe or later will have no effect on the resolution to this market. The resolution source for this market will be official information from the Labour Party, however a consensus of credible reporting may be used.

When does this contract expire?

This contract closes on 2026-06-30, 2 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).

What happens if I buy YES at 99¢?

If the event resolves YES, each YES contract pays $1 , a profit of 1¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 99¢ is lost. Current market price implies a 99.0% probability of YES.

Where is this market listed?

This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.

How reliable is the quoted price?

This market has $9,957 in total traded volume and $28,414 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.

Disclaimer: Prediction market data on this page is sourced from public order books. Prices change continuously; figures shown here reflect the last refresh at 2026-06-28. Nothing on this page constitutes investment or betting advice.
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