Live Odds · Updated October 24, 2026

Switzerland’s November Referendum: What will pass?

As of October 24, 2026, 08:03 PM ET, Polymarket traders price Fireworks restriction initiative at 75.0% in Switzerland’s November Referendum: What will pass? — $35.2K traded so far.

Last updated October 24, 2026, 07:36 PM ET with live prices from Polymarket. 24h volume: $328.
Leading outcome
Fireworks restriction initiative
75%
A 75.0% price implies roughly a 75-in-100 chance, set by traders risking real money.
24H +4.5 pts7D +8.0 pts30D +43.0 pts
Fireworks restriction initiative75.0%
War Material amendment41.5%
Bid
68¢
Ask
82¢
Spread
14¢
Trade on Polymarket →
Range since July 14, 2026: 14.5% – 76.0% · Opened at 31.0%

Market facts

Event data
Event
Switzerland’s November Referendum: What will pass?
Category
Politics, Referenda, referendum, Switzerland, Popular Vote, Elections
Scheduled end
November 28, 2026, 07:00 PM ET
Total volume
$35.2K
Volume (24h)
$328
Liquidity
$5.9K
Markets
4
Leading outcome
Fireworks restriction initiative — 75.0%
Resolution source
https://www.ch.ch/en/votes-and-elections/

What is the current price?

Momentum & history

The leading outcome, Fireworks restriction initiative, is priced at 75.0%.

Price changes for the leading market — 24 hours: +4.5 pts; past week: +8.0 pts; past month: +43.0 pts.

Since July 14, 2026, Fireworks restriction initiative has traded between 14.5% and 76.0%. It opened at 31.0% and last traded at 75.0%.

DayClose
Oct 17, 202667.0%
Oct 18, 202661.0%
Oct 19, 202663.5%
Oct 20, 202660.5%
Oct 22, 202662.0%
Oct 23, 202670.5%
Oct 24, 202675.0%

Who is favored to win?

Outcomes

Fireworks restriction initiative is favored at 75.0%.

OutcomePriceImplied probability24h changeVolumeVolume share
Fireworks restriction initiative75¢75.0%+4.5 pts$16.5K46.9%
War Material amendment42¢41.5%-4.5 pts$2.5K7.0%
Marriage taxation initiative41¢41.0%-3.5 pts$6.4K18.3%
VAT federal decree38¢38.0%-1.0 pts$9.8K27.8%

See the full live book for this market on Polymarket

The leading market's spread is 14¢ (bid 68¢ / ask 82¢) — a tighter spread means cheaper round-trip trading.

How much has been traded?

Volume

$35.2K has been traded on this event in total, $328 of it in the last 24 hours, across 4 markets.

When does this market resolve?

Rules

This market is scheduled to end November 28, 2026, 07:00 PM ET.

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. … (condensed)

Resolution source: https://www.ch.ch/en/votes-and-elections/

What do the biggest traders hold?

Top holders

The largest current holder of the leading market holds 3,349 shares of No.

HolderOutcome heldSharesValue at current price
Indolent-SandalNo3,349$837
Queasy-BobYes3,186$2.4K
Open-HashtagYes2,444$1.8K
Sudden-MusselNo1,849$462
Measly-KnowhowNo1,402$351
These-TshirtNo930$233
Fat-Fat-HourglassYes719$539
Natural-PerfumeYes700$525
Silent-RowboatYes496$372
Submissive-RevascularisationYes487$365

What are the latest trades?

Tape
SELL No — $660 at 76.7%BUY No — $650 at 65.0%SELL Yes — $642 at 51.2%
TimeOutcomeSidePriceSize
Oct 24, 02:37 PM ETYesBUY89.0%$11
Oct 24, 07:43 AM ETYesBUY77.8%$44
Oct 24, 04:58 AM ETYesBUY81.6%$33
Oct 24, 03:11 AM ETNoBUY38.0%$10
Oct 23, 10:51 PM ETNoBUY35.0%$61
Oct 23, 08:14 PM ETNoBUY73.0%$15
Oct 23, 01:32 PM ETNoBUY73.0%$21
Oct 23, 12:49 PM ETYesBUY44.2%$60
Oct 23, 10:40 AM ETYesBUY45.0%$1
Oct 23, 09:42 AM ETYesBUY64.0%$5

Related markets

More Politics

Brazil Presidential Election

Flávio Bolsonaro 83.8% · 24H VOL $2.01M

Serbia Parliamentary Election Winner

Aleksandar Vučić – United Serbia 71.5% · 24H VOL $649.0K

Frequently asked questions

FAQ

What are the odds of Switzerland’s November Referendum: What will pass??

As of October 24, 2026, 07:36 PM ET, the leading outcome is Fireworks restriction initiative at 75.0%. Next is War Material amendment at 41.5%. See the live book on Polymarket: https://polymarket.com/event/switzerlands-november-referendum-what-will-pass-20260713145059520?via=bro

How much money has been traded on Switzerland’s November Referendum: What will pass??

$35.2K in total volume, with $328 traded in the last 24 hours across 4 markets.

When does Switzerland’s November Referendum: What will pass? end?

The market is scheduled to end November 28, 2026, 07:00 PM ET. It resolves based on https://www.ch.ch/en/votes-and-elections/.

What is the most likely outcome of Switzerland’s November Referendum: What will pass?, according to Polymarket traders?

Fireworks restriction initiative, priced at 75.0% as of October 24, 2026, 07:36 PM ET. Prices are implied probabilities backed by real-money trading.

Browse the live odds index, today's biggest movers, and Whale Watch for the largest positions.

⚠️ Not financial advice: odds swing hard on news. Never bet money you can't afford to lose, and always read a market's resolution rules before trading.

Trade it on Polymarket

Prices move fast. Check the live book, read the resolution rules, and size small while you learn.

Sign Up on Polymarket

New here? Start with the complete beginner guide, then run any stake through the payout calculator before you trade.