The Prediction Markets

Will the AfD be part of a German state government in 2026?

Closes
Jan 1, 2027, in 2 months
Traded
$57K
Venues
Polymarket
Prices updated
8 min ago
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What the markets expect

Yes 40.5%

Only Polymarket lists this market, so there is no second price to compare.

Yes 40.5%No 59.5%

Odds by venue

Fair chance strips out each venue’s built-in margin (its prices add up to more than 100%), then blends the venues by how much has traded there, so the outcomes add up to 100%. 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 8 min ago. Ages are as of when this page was built.

  • Polymarket
Yes
40.5%
Polymarket 40.5%polled, 8 min agoBest Yes 42¢ on Polymarket, $100 pays $238 (2.38x)
Polymarket
Contract
Yes
Last price
40.5%
As of
Polled 8 min ago
Buy Yes
42¢
Sell Yes
39¢
$100 on Yes pays
$238 (2.38x)
Volume
$57K
Trade this on Polymarket

Who resolves this market

Polymarket
Polymarket resolves via:
UMA optimistic oracle

How the odds have moved

The leading outcome on both venues, with the consensus between them. Hover for exact values.

  • Yes

Order books

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

Polymarket

Open on Polymarket ↗

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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Cover Yes and No across venues

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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 "Will the AfD be part of a German state government in 2026?". Yes leads at 40.5%. $57K has traded across 1 outcome on Polymarket. The market is expected to resolve by Jan 1, 2027.

This market will resolve to “Yes” if the Alternative für Deutschland (AfD) is part of the state government (Landesregierung) of any of Germany's 16 federal states at any point between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. A party is considered part of a state government if it provides at least one Minister in that state's government, including the Minister-President. In the city-states of Berlin, Hamburg and Bremen, a party is considered part of the state government if it provides at least one Senator, including the Governing Mayor, First Mayor or President of the Senate. A state government is considered formed when the state parliament elects the Minister-President (or, in the city-states, the Governing Mayor, First Mayor or President of the Senate) and that government has formally taken office. Coalition agreements, ministerial nominations, or announced coalition negotiations will not qualify on their own. Parties that merely support a state government (e.g., through confidence-and-supply arrangements, parliamentary support agreements, toleration agreements, or similar) without holding a Minister or Senator post will not qualify. If the AfD is not part of any German state government by December 31, 2026, 11:59 PM ET, this market will resolve to “No”. This market will resolve based on a consensus of credible reporting. In case of ambiguity, this market will resolve based on official information published by the relevant state government and state parliament.

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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