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2026 US Midterm Elections (Balance of Power): Which party will win control of the US Senate and House of Representatives? (Yes 58% · 58¢ · 24h $2.85M) Fed FOMC Rate Cuts, ₿ Bitcoin Price Targets, Global Elections & Champions League Live Odds Real-time Smart-Money Whale Radar tracking single fills >$1,000 USDC · Zero-slippage Limit Orders 2026 US Midterm Elections (Balance of Power): Which party will win control of the US Senate and House of Representatives? (Yes 58% · 58¢ · 24h $2.85M) Fed FOMC Rate Cuts, ₿ Bitcoin Price Targets, Global Elections & Champions League Live Odds Real-time Smart-Money Whale Radar tracking single fills >$1,000 USDC · Zero-slippage Limit Orders
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← Back to Knowledge Base Portal (/guide/) JEV Quant & Calculator Gamma REST API · py-clob-client · Bot Guide Level 3 · API & Quant Bots · 6 min

Polymarket API & Python Trading Bot Tutorial: Fetching Live Gamma Odds & Automating 0%-Fee CLOB Orders

POLYMARKET & EXCHANGE ACADEMY · COMPLETE BEGINNER TO QUANT KNOWLEDGE BASE Odds Calculator ↗

Step-by-step developer guide answering 'How to use the Polymarket API?', pulling real-time orderbooks via REST/WebSocket, and placing automated limit orders with `py-clob-client`.

Deduplicated High-Volume Search Questions Answered in This Guide:
how to use the polymarket api (gamma rest & clob websocket)polymarket python bot tutorial with py-clob-clienthow to automate zero-fee limit orders and arbitrage on polymarket
Quant Engineering Note: Because Polymarket charges 0% maker fees on CLOB Limit Orders and sponsors Polygon gas via meta-transactions, it has become the #1 venue for Python algorithmic market-making and arbitrage bots.

1. Understanding Polymarket's Two Free APIs (Gamma vs. CLOB)

Polymarket provides two open developer APIs with zero subscription fees:
1. Gamma Markets REST API (https://gamma-api.polymarket.com/markets): Public read-only endpoint for market metadata, 24h volume, liquidity depth, resolution rules, and current Yes/No prices (used by P.DAY's JEV Pick 99.4% engine).
2. CLOB Orderbook API & WebSocket (https://clob.polymarket.com): Millisecond L2 orderbook feed and authenticated endpoint for resting/canceling limit orders via the official Python SDK py-clob-client.

2. 5-Line Python Quickstart to Fetch Live Odds & Orderbooks

Install the official SDK with pip install py-clob-client requests and query active markets immediately:

import requests
# Fetch top 20 active Polymarket contracts sorted by volume
mkts = requests.get('https://gamma-api.polymarket.com/markets?active=true&closed=false&limit=20').json()
for m in mkts[:5]:
    print(m['question'], '| Vol:', m.get('volumeNum'), '| Prices:', m.get('outcomePrices'))

To place automated 0%-fee limit orders, initialize ClobClient("https://clob.polymarket.com", key=YOUR_PRIVATE_KEY, chain_id=137) and derive L2 API credentials to quote and cancel orders gas-free.

3. Two Proven Algorithmic Strategies for Independent Quant Traders

Strategy A (Multi-Outcome Sum Arbitrage / NegRisk Rebalancing): In multi-candidate markets (e.g., championship or election primaries), the sum of all 'Yes' probabilities should equal 100%. When retail order flow pushes the sum below 97¢ or above 103¢, bots arbitrage the basket back to parity.
Strategy B (Two-Sided Spread Capture + Liquidity Rewards): Quote resting bids and asks around the fair value computed by our Quant Calibration Model to earn both bid-ask spread and daily USDC maker rewards.

No Coding Required: P.DAY already visualizes live Gamma API odds, JEV scores, and whale order flow for free—explore Live Markets (/markets/) and Whale Radar (/whales/).
How to Trade on Polymarket in 4 Simple Steps
Sign up in 30 seconds via Google Email or MetaMask/Phantom/Rabby wallet with <$0.05 Polygon USDC gas fees.

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