TOTAL VOLUME:
$154.7b
24H VOL:
$279,496,801
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,923,931,766
416,910
Markets across
40,107
events
MATCHED EVENTS:
4,571
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Nov 1, 5:24 PM EST
Kalshi
These markets track the number of receptions achieved by specific players in an upcoming NFL game between Arizona and Dallas. Participants bet on whether each player's reception count will meet a payout threshold based on a fixed rate per reception, with returns scaling linearly up to a maximum cap.
Each market operates as a scalar betting contract focused on the number of receptions a designated player records during the specified Arizona vs. Dallas NFL game. For every 'Yes' contract, payouts are calculated at a fixed rate of $0.05 per reception, up to a maximum of $1.00, which corresponds to a cap of 20 receptions. The 'No' contract payout is determined by subtracting the 'Yes' payout from $1.00, ensuring the total return for both positions always equals $1.00. Payouts are proportional to the holder's position size, meaning larger positions receive correspondingly larger absolute payouts while maintaining the same ratio. For instance, if a player records eight receptions, the 'Yes' payout would be $0.40 and the 'No' payout $0.60; eleven receptions would yield a 'Yes' payout of $0.55 and a 'No' payout of $0.45, while zero receptions would result in a 'Yes' payout of $0.00 and a 'No' payout of $1.00. All markets are independent and resolve based solely on the reception count of their respective player, with Kalshi explicitly stating no official affiliation with the NFL.
On Kalshi, this market is priced using a continuous double auction. Traders buy and sell contracts representing different outcomes—in this case, the number of receptions a player will have. The price of each contract represents the probability of that outcome occurring, as perceived by the market participants. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As traders exchange contracts, the prices fluctuate, reflecting their evolving expectations. The more a particular outcome is bought, the higher its price climbs, and vice versa. This dynamic pricing mechanism aims to create a real-time assessment of probabilities.
This market resolves around Nov 2, 2026, with the outcome confirmed once the official statistics from the game are verifiable from credible public reporting. The official reception totals for each player will be used to determine which contracts pay out. The resolution will be based on the final, official game statistics, as reported by the league. Any disputes or corrections to the official stats will be considered in the resolution process, ensuring accuracy and fairness in determining the outcome of this market.
Several factors could significantly impact this market. Any news regarding player injuries, particularly to key receivers or quarterbacks, would likely cause substantial shifts in the prices. Changes in weather conditions, such as heavy rain or strong winds, could also affect passing game strategies and influence the number of receptions. Unexpected coaching decisions or adjustments to offensive schemes could also play a role. Finally, any late-breaking news about player matchups or defensive strategies could lead to traders adjusting their positions and moving the market.