The Prediction Markets

Which November Swiss referendums will pass?

Closes
Nov 29, 2027, in 13 months
Traded
$4K
Venues
Kalshi
Prices updated
just now
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What the markets expect

Fireworks Initiative 57%

Next is War Materiel Act amendment at 32%. Only Kalshi 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. Ages are as of when this page was built.

  • Kalshi
Fireworks Initiative
57%
Kalshi 57%polled, 21s agoBest Yes 58¢ on Kalshi, $100 pays $172 (1.72x)
Kalshi
Contract
Fireworks Initiative
Last price
57%
As of
Polled just now
Buy Yes
58¢
Sell Yes
50¢
$100 on Yes pays
$172 (1.72x)
Volume
$809
Trade this on Kalshi
War Materiel Act amendment
32%
Kalshi 32%polled, 21s agoBest Yes 38¢ on Kalshi, $100 pays $263 (2.63x)
Kalshi
Contract
War Materiel Act amendment
Last price
32%
As of
Polled just now
Buy Yes
38¢
Sell Yes
32¢
$100 on Yes pays
$263 (2.63x)
Volume
$982
Trade this on Kalshi
AHV VAT financing
25%
Kalshi 25%polled, 21s agoBest Yes 25¢ on Kalshi, $100 pays $400 (4.00x)
Kalshi
Contract
AHV VAT financing
Last price
25%
As of
Polled just now
Buy Yes
25¢
Sell Yes
19¢
$100 on Yes pays
$400 (4.00x)
Volume
$1K
Trade this on Kalshi
Fair taxes for married couples
20%
Kalshi 20%polled, 21s agoBest Yes 20¢ on Kalshi, $100 pays $500 (5.00x)
Kalshi
Contract
Fair taxes for married couples
Last price
20%
As of
Polled just now
Buy Yes
20¢
Sell Yes
14¢
$100 on Yes pays
$500 (5.00x)
Volume
$724
Trade this on Kalshi

Who resolves this market

Kalshi
Kalshi resolves via:
Kalshi (CFTC-regulated exchange), source: Swiss Federal Chancellery, Swiss Federal Statistical Office

How the odds have moved

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

  • Fireworks Initiative
  • War Materiel Act amendment
  • AHV VAT financing

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.

Kalshi

Open on Kalshi ↗

Top of book

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Best ask
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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 0.05 × price × (1 − price) per share (other / general rate). Fee calculator. Estimates only, not advice.

About this market

Live prediction market odds for "Which November Swiss referendums will pass?". Fireworks Initiative leads at 57%. Next is War Materiel Act amendment at 32%. $4K has traded across 4 outcomes on Kalshi. The market is expected to resolve by Nov 29, 2027.

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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