TOTAL VOLUME:
$134.2b
24H VOL:
$126,324,530
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,434,646,834
406,019
Markets across
30,401
events
MATCHED EVENTS:
2,689
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 13, 10:44 PM EST
Kalshi
This market tracks whether players competing in the 2026 MLB Home Run Derby will hit exceptionally long home runs exceeding 500 feet. On Kalshi, the probability that at least one 500+ foot home run will be recorded stands at 20.0%, while the probability of at least two such home runs is 7.0%. The market resolves based on official measurements from the 2026 MLB Home Run Derby. Watch for the competition itself on July 14, 2026, when the event window closes and final home run distances are confirmed for settlement.
The 2026 MLB Home Run Derby markets resolve based on the total number of home runs hit 500+ feet during the event. Each market corresponds to a minimum threshold: the 1+ HR market resolves Yes if at least one 500+ foot home run is recorded; the 2+ HR market resolves Yes if at least two are recorded; the 3+ HR market resolves Yes if at least three are recorded; the 4+ HR market resolves Yes if at least four are recorded; the 5+ HR market resolves Yes if at least five are recorded; and the 6+ HR market resolves Yes if at least six are recorded. All measurements are based on official MLB Home Run Derby tracking data. A home run counts toward these thresholds only if it meets or exceeds the 500-foot distance threshold during official competition rounds.
Prediction market odds and sportsbook odds often diverge because they serve different purposes and audiences. Sportsbooks set odds to balance action and manage risk, while prediction markets aggregate trader beliefs through continuous price discovery. This market reflects what traders collectively believe about the likelihood of a 500+ foot home run occurring, which may differ from traditional sportsbook pricing. Comparing the two can reveal where market sentiment diverges from conventional betting lines, offering traders an alternative perspective on the event's outcome.
On Kalshi, this market is priced through a continuous order book where traders buy and sell shares representing yes or no outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The price of each share reflects the collective probability estimate of whether a 500+ foot home run will occur, ranging from $0 to $1. As new information emerges or trader sentiment shifts, the bid-ask spread adjusts dynamically. Traders can enter limit or market orders to express their conviction, and the market price converges toward the true probability as more capital flows into the most likely outcome.
This market resolves around Jul 14, 2026, once the Home Run Derby event concludes and the outcome can be verified. The resolution hinges on whether any participant successfully hits a home run measuring 500 feet or greater during official competition. Credible public reporting from the event organizers and sports media will confirm the final result. Traders should monitor official announcements and verified coverage as the event date approaches to stay informed on any updates that could affect the market's resolution.
Several factors could shift this market significantly before Jul 14, 2026. Announcements of which players will participate in the Derby can influence odds, as certain hitters are known for exceptional power. Weather forecasts matter too—wind speed and direction, temperature, and humidity all affect home run distance. Updates on player injuries or fitness levels, changes to the event format or venue, and historical performance data from previous Derbies may prompt traders to adjust positions. Media coverage highlighting recent power-hitting trends or technological advances in equipment could also drive trading activity and repricing.