Putin out as President of Russia by December 31, 2026: odds and prices
Markets price "Putin out as President of Russia by December 31, 2026" at 4%, with 2 venues quoting within 3 points of each other. The contract settles by Dec 31, 2026; each venue words its settlement rules itself, compared below.
This question on Polymarket and Kalshi.
Odds by venue
| Venue | Yes | No | Fee | 24h volume | Liquidity | |
|---|---|---|---|---|---|---|
| Polymarket | 3¢cheapest to buy | 97¢ | free | $94K | $802K | Trade → |
| Kalshi | 6¢ | 94¢ | 0.4¢ | $165 | – | Trade → |
How the odds have moved
One venue's series for the result the headline prices, not a blend; venues tick at different cadences and interpolating one onto the other would invent points.
What the market is actually pricing
Venues word settlement differently for the same question, and the difference decides who gets paid. This is the comparison no venue publishes about its rivals.
This market will resolve to “Yes” if Vladimir Putin ceases to be President of Russia for any period of time between market creation and the specified date (ET).
Full settlement wording
This market will resolve to “Yes” if Vladimir Putin ceases to be President of Russia for any period of time between market creation and the specified date (ET). Otherwise, this market will resolve to “No”.
An announcement of Vladimir Putin's resignation/removal before this market's end date will immediately resolve this market to "Yes", regardless of when the announced resignation/removal goes into effect.
If the specified individual is detained, effectively removed from the specified position, or otherwise permanently prevented from fulfilling the duties of the specified position within this market’s timeframe, it will qualify for a “Yes” resolution.
The resolution source for this market will be official information from Vladimir Putin and the government of Russia; however, a consensus of credible reporting may also be used.
If Vladimir Putin has either officially announced their intention to leave as President of Russia or has actually left President of Russia before Jan 1, 2027, then the market resolves to Yes.
An "official announcement" means a statement by the person themselves, their authorized representative, or the official body governing the office that the person will be departing from the office. Such announcements must be reported by at least one Source Agency to be considered official. The announcement must not specify they are leaving in more than a year from the statement, in which case the market does not resolve to Yes. "Leaving office" means the person no longer holds the office in any capacity, including but not limited to: resignation (effective), termination, removal, impeachment and removal, recall, or the expiration of their term without renewal. Temporary absences such as medical leave, suspension with possibility of return, or delegation of duties while retaining the office do NOT constitute leaving office. Death does NOT satisfy the Payout Criterion for this Contract. Forced departures (termination, impeachment and removal, etc.) satisfy the Payout Criterion even without a prior announcement.
Where you can trade this
The Trade links in the tables above open each venue's own market. The reviews cover sign-up, funding and payouts.
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Common questions
What are the odds on "Putin out as President of Russia by December 31, 2026"?
Markets currently price it at 4% across 2 venues, a market-implied probability rather than a forecast.
Where can I trade "Putin out as President of Russia by December 31, 2026"?
On Polymarket and Kalshi. Availability by state varies for sports contracts; see the legal pages.
Why do the venues show different prices?
Different traders, different fees, and different settlement wording. The gap is the reason this page exists; the cheaper side is marked in the table.