TOTAL VOLUME:
$154.5b
24H VOL:
$271,200,656
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,922,627,141
420,368
Markets across
40,352
events
MATCHED EVENTS:
4,484
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 11, 11:55 PM EST
Kalshi
This event tracks the performance of a specific quarterback in an upcoming professional football game between Baltimore and Atlanta. The focus is on whether the quarterback achieves various thresholds of passing completions during the match. Outcomes depend purely on the player's in-game statistics.
The event evaluates Michael Penix Jr.'s passing completions in the Baltimore vs Atlanta Professional Football game scheduled for October 11, 2026, across three distinct thresholds: 14+, 19+, and 24+ completions. For each threshold, if Penix Jr. records the specified number or more completions, the corresponding market resolves to Yes; otherwise, it resolves to No. All markets share a consistent secondary rule framework: if Penix Jr. is active for the game but does not take any snaps, each market settles at its fair market price determined before the game starts. However, once Penix Jr. takes at least one snap—regardless of whether the play is nullified by a penalty—the market outcome is determined solely by the actual number of passing completions he records during the game. These rules ensure that markets reflect real in-game performance while accounting for pre-game uncertainty regarding player participation.
Typically, prediction market odds reflect the wisdom of the crowd, often differing from initial sportsbook odds which are set by analysts. Sportsbooks often incorporate a 'vig' or commission into their odds, while this market allows traders to directly assess probabilities. As more information becomes available – such as injury reports or weather forecasts – both prediction market prices and sportsbook odds will adjust. However, this market can sometimes offer different insights than traditional sports betting, as it represents a broader range of opinions and potential outcomes.
On Kalshi, this market is priced through a continuous order book where traders buy and sell contracts representing different numbers of passing completions. The price of each contract reflects the market’s collective belief about the probability of that outcome occurring. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. As more traders participate and new information emerges, the prices will shift, providing a real-time assessment of expectations. The market’s depth – indicated by the bid and ask sizes – shows how readily traders are willing to buy or sell at different price points.
This market resolves around Oct 12, 2026, with the outcome confirmed once the final number of passing completions in the game is verifiable from credible public reporting. The resolution will be based on official game statistics, and the contract corresponding to the actual number of completions will pay out $1.00. All other contracts will expire worthless. Traders should monitor official sources for the final game results to understand the resolution of this market.
Several factors could significantly influence this market. Any news regarding the starting quarterbacks for either team – such as injuries or changes in playing status – would likely cause price movement. Weather conditions, particularly strong winds or heavy rain, could affect passing game strategies and therefore the number of completions. Unexpected coaching decisions or significant shifts in defensive schemes could also impact the market. Finally, late-breaking news about player matchups or overall team strategies could lead to adjustments in the perceived probabilities.