TOTAL VOLUME:
$154.6b
24H VOL:
$333,432,169
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,971,286,090
419,492
Markets across
40,634
events
MATCHED EVENTS:
4,654
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Nov 1, 4:55 PM EST
Polymarket
This group contains prediction markets on player performance statistics – specifically passing touchdowns, attempts, and completions – for the Browns vs. Steelers NFL game on November 1st. Markets also exist for whether specific players will score the first touchdown of the game and longest reception yardage. These markets rely on official NFL game statistics for resolution.
Player prop markets for the NFL game between the Browns and Steelers, scheduled for November 1 at 1:00 PM ET.
Player prop markets for the NFL game between the Browns and Steelers, scheduled for November 1 at 1:00 PM ET.
Prediction market odds, like those found in this market, often reflect the collective wisdom of a diverse group of traders, potentially offering a different perspective than traditional sportsbooks. Sportsbooks set lines based on their own models and aim to balance action on both sides, while prediction markets allow the crowd to directly express their beliefs. This can lead to discrepancies, especially when public sentiment strongly diverges from the sportsbook’s initial assessment. Furthermore, prediction markets typically have lower transaction costs than sportsbooks, which can influence pricing. Examining both sources can provide a more informed view of potential outcomes.
Polymarket and Predict can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Price discrepancies between Polymarket and Predict can arise from several factors. Each platform attracts a different user base with varying levels of expertise and information. Trading volume also plays a role; a market with low volume on one platform may be more susceptible to price swings based on a few large trades. Additionally, the specific mechanisms for price discovery – how traders are incentivized and how orders are matched – differ between Polymarket and Predict, contributing to variations in the odds offered for the Browns-Steelers player props market. These differences can create arbitrage opportunities for sophisticated traders.