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417,059
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Jaxon Smith-Njigba
- Kalshi
Jaxon Smith-Njigba - Kalshi
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Vol.
·
Resolves Nov 3, 2026
Time left: 03h:46m:35s
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This market tracks the number of receptions by specific players in an upcoming professional football game between Chicago and Seattle. Payouts for 'Yes' contracts increase progressively with each reception, following a cubic scaling formula, while 'No' contracts pay the remainder of the contract value after the 'Yes' payout is applied.
Contracts pay based on the exact number of receptions achieved by designated players during the specified game, using a cubic scaling formula to determine payouts. For each player market, 'Yes' contracts pay according to a predefined schedule where payouts increase non-linearly with each additional reception up to a maximum of $1.00 for 14 or more receptions. The formula applied is Payout = floor(10000 x (min(s, 14) / 14)^3) / 10000, where 's' represents the official number of receptions recorded. 'No' contracts pay the difference between $1.00 and the 'Yes' payout, ensuring total returns for both positions sum to $1.00. All markets resolve to 'Yes' if the specified conditions are met, with payouts capped at $1.00 per contract. The structure ensures increasing sensitivity to performance improvements, rewarding higher reception totals with disproportionately larger returns.
Typically, prediction market odds reflect the wisdom of the crowd, often differing from initial sportsbook lines which are set by oddsmakers. Sportsbooks may incorporate biases or focus on public perception, while this market aggregates the views of many informed traders. If a significant discrepancy exists between this market and sportsbook odds, it could signal an opportunity for arbitrage, where traders attempt to profit from the difference. However, it’s important to remember that both represent probabilities and can be influenced by various factors leading up to the event.
On Kalshi, this market is priced through a continuous order book where traders buy and sell contracts representing different reception totals. The price of each contract reflects the probability of that outcome occurring, as determined by supply and demand. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders set the odds by placing bids and asks, and the market price fluctuates based on these interactions. Higher volume generally indicates greater confidence in the market's assessment of the likely outcome, while significant price swings can suggest new information or changing sentiment.
This market resolves around Nov 3, 2026, with the outcome confirmed once the official reception totals from the Chicago versus Seattle game are verifiable from credible public reporting. The final market price will reflect the actual number of receptions achieved by the relevant players, as recorded by official game statistics. The resolution process is designed to be objective and transparent, ensuring a fair and accurate outcome for all participants in this market.
Several factors could influence the price of this market before it resolves. Any news regarding player injuries to key receivers or the opposing team’s defensive strategies would likely cause significant movement. Changes in weather conditions, particularly if they are expected to impact the passing game, could also shift expectations. Furthermore, late-breaking reports about team tactics or player matchups, as well as general shifts in public sentiment, could all contribute to price fluctuations in this market.