The Prediction Markets

Switzerland’s November Referendum: What will pass?

Closes
Nov 29, 2026, in 37 days
Traded
$33K
Venues
Polymarket
Prices updated
1 min ago
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What the markets expect

Fireworks restriction initiative 62%

Next is War Material amendment at 40.5%. Only Polymarket lists this market, so there is no second price to compare.

Odds by venue

Consensus blends each venue’s last price, weighted by how much has traded there. Best Yes price is the cheapest ask across venues, and the payout is what a winning $100 stake returns before fees. Open a row for each venue’s contract name, bid and ask, and how closely their rules match.

Prices come from our regular polls of each venue, the oldest 1 min ago. Ages are as of when this page was built.

  • Polymarket
Fireworks restriction initiative
62%
Polymarket 62%polled, 1 min agoBest Yes 68¢ on Polymarket, $100 pays $147 (1.47x)
Polymarket
Contract
Fireworks restriction initiative
Last price
62%
As of
Polled 1 min ago
Buy Yes
68¢
Sell Yes
56¢
$100 on Yes pays
$147 (1.47x)
Volume
$15K
Trade this on Polymarket
War Material amendment
40.5%
Polymarket 40.5%polled, 1 min agoBest Yes 49¢ on Polymarket, $100 pays $204 (2.04x)
Polymarket
Contract
War Material amendment
Last price
40.5%
As of
Polled 1 min ago
Buy Yes
49¢
Sell Yes
32¢
$100 on Yes pays
$204 (2.04x)
Volume
$2K
Trade this on Polymarket
Marriage taxation initiative
34%
Polymarket 34%polled, 1 min agoBest Yes 46¢ on Polymarket, $100 pays $217 (2.17x)
Polymarket
Contract
Marriage taxation initiative
Last price
34%
As of
Polled 1 min ago
Buy Yes
46¢
Sell Yes
22¢
$100 on Yes pays
$217 (2.17x)
Volume
$6K
Trade this on Polymarket
VAT federal decree
29%
Polymarket 29%polled, 1 min agoBest Yes 40¢ on Polymarket, $100 pays $250 (2.50x)
Polymarket
Contract
VAT federal decree
Last price
29%
As of
Polled 1 min ago
Buy Yes
40¢
Sell Yes
18¢
$100 on Yes pays
$250 (2.50x)
Volume
$10K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle, source: ch.ch

How the odds have moved

The top 3 outcomes on both venues, with the consensus between them. Hover for exact values.

  • Fireworks restriction initiative
  • War Material amendment
  • Marriage taxation initiative

Order books

Each venue’s resting orders for the selected outcome’s Yes contract, side by side. Top of book streams live; depth refreshes every 15 seconds.

Top of book

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Depth · top 8 levels

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Recent trades

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What your stake buys

Enter a stake to see where it buys the most after fees, using each venue’s live order book.

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Buys at the asks resting now (taker orders), cheapest after fees first, from order-book snapshots up to 15 seconds old. Fees: Kalshi 0.07 × price × (1 − price) per share, rounded up to the cent; Polymarket 0.04 × price × (1 − price) per share (politics rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Switzerland’s November Referendum: What will pass?". Fireworks restriction initiative leads at 62%. Next is War Material amendment at 40.5%. $33K has traded across 4 outcomes on Polymarket. The market is expected to resolve by Nov 29, 2026.

As of market creation, four referenda are scheduled to be held in Switzerland on November 29, 2026: - Issue 1: Federal decree of 19 June 2026 on additional funding for the AVS through an increase in VAT - Issue 2: Popular initiative ‘For a restriction on fireworks’ - Issue 3: Popular initiative ‘Yes to fair federal taxation for married couples – To finally put an end to marriage discrimination!’ - Issue 4: Amendment of 19 December 2025 to the Federal Act on War Material (LFMG) This market will resolve to “Yes” if the listed referendum is approved under the applicable legal threshold in the specified popular vote. Otherwise, this market will resolve to “No.” This market will resolve to “Yes” if either the popular initiative or, where applicable, the federal counter-proposal is approved under the applicable legal threshold, regardless of any tie-breaker vote. If the referendum is officially rescheduled, the same rule applies to the new ballot and its corresponding deadlines. This market will resolve to “No” if, for any reason, the results of the respective vote are not known definitively by the date the subsequent Referendum in Switzerland is scheduled to be held. The resolution source will be based on a consensus of credible reporting. In the event of ambiguity, this market will resolve solely based on the official certified referendum results published by Swiss government authorities, such as the Swiss Federal Chancellery and the information portal provided by the Swiss authorities (https://www.ch.ch/en/votes-and-elections/). Subsequent litigation, administrative challenges, or failure of any post-approval implementation steps will not be considered.

Questions

What does the consensus price mean?

It is the price of a Yes contract that pays $1 if the outcome happens. A 14¢ price means traders put the chance near 14%. Where two venues list the same outcome, we blend their last prices, weighting the venue with more trading volume more heavily (neither counts for less than a quarter). When only one outcome can win, each venue’s prices add up to a little over 100% (its margin); the fair chance removes that margin so the outcomes add up to exactly 100%.

How is the payout worked out?

A Yes contract pays $1 if it wins, so at the best ask a $100 stake buys 100 ÷ ask contracts. At 18¢ that is about 555 contracts, paying $556 (5.56x) if Yes happens. Venue fees and price slippage on larger orders are not included.

Why do the venues show different prices?

Each venue has its own traders, fees and order book. Contracts can also settle on slightly different terms, which is why each row lists how closely the rules match.

Is a price gap an arbitrage?

Only when you can buy Yes on one venue below what someone pays for Yes on the other, after fees, and both contracts settle the same way. We show the executable bid and ask so you can check.

How fresh are these prices?

Venue prices refresh every few minutes, and the order book and live quotes stream continuously. Each venue’s card shows when we last observed it.

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