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 25, 4:24 PM EST
Kalshi
This event tracks the number of receptions by specific players in an upcoming NFL game between Cleveland and Tennessee. Participants can bet on whether each player will achieve a certain level of receptions, with payouts scaling based on actual performance. The structure allows for varied outcomes depending on individual player statistics during the game.
The event consists of three separate scalar markets, each focused on a different player’s reception performance in the Cleveland vs Tennessee NFL game scheduled for October 25, 2026. For each market, Yes contracts pay $0.05 per reception recorded by the specified player, up to a maximum payout of $1.00, which caps at 20 receptions. No contracts pay $1.00 minus the Yes payout. Payouts are proportional to the holder’s position size and adjust dynamically based on the actual number of receptions. For instance, if a player records eight receptions, the Yes payout would be $0.40 and the No payout $0.60; if a player records zero receptions, Yes pays $0.00 and No pays $1.00. Each market resolves independently based on the reception count of its designated player, with all markets operating under the same payout structure and constraints. Kalshi explicitly states it is not affiliated with the NFL, and all trademarks remain the property of their respective owners.
Typically, prediction market odds reflect the wisdom of the crowd, often differing from initial sportsbook lines due to differing information and incentives. Sportsbooks set lines to balance action and ensure profit, while this market allows participants to express their beliefs about the likelihood of various outcomes. As more information becomes available – such as injury reports or weather forecasts – this market tends to incorporate that data more rapidly than traditional sportsbooks. Therefore, comparing the implied probabilities can reveal where the crowd disagrees with, or anticipates changes to, sportsbook expectations.
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 market’s collective assessment of 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 adjust dynamically, providing a real-time indication of expectations. The market depth, visible on the dashboard, shows the volume of contracts available at different price points, indicating the strength of buying or selling pressure.
This market resolves around Oct 25, 2026, with the outcome confirmed once the official game statistics are verifiable from credible public reporting. The final reception totals for relevant players will be sourced from official NFL data and used to determine which contracts pay out. The market will settle based on the actual number of receptions achieved by players during the Cleveland vs Tennessee game, as recorded by the official league statistics. All contracts will be settled based on this verified data.
Several factors could significantly impact this market. Any news regarding injuries to key wide receivers or tight ends on either the Browns or the Titans would likely cause price fluctuations. Changes in weather forecasts – particularly conditions that might favor a passing or running game – could also influence trading activity. Unexpected starting lineup announcements or shifts in offensive play-calling strategies could also move the market. Finally, any late-breaking news related to player availability or team dynamics could lead to significant price adjustments before Oct 25, 2026.