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: Oct 25, 4:34 PM EST
Kalshi
The market assesses how many times each of two players catches the ball during the game, with payouts increasing dramatically as the number of receptions rises. This structure incentivizes investors to predict not just participation but standout performance in terms of consistent ball security and integration into the offensive game plan.
Each Yes contract pays according to a predefined schedule based on the player's receptions, calculated using the formula Payout Formula = floor(10000 x (min(s, 14) / 14)^3) / 10000, where s = official receptions. Each No contract pays $1.00 minus the Yes payout. The Yes payout is capped at $1.00.
Prediction market odds often reflect a different kind of wisdom than sportsbook odds. Sportsbooks set lines to balance action and incorporate a profit margin, while this market aggregates the beliefs of a diverse group of forecasters. It's common to see discrepancies, especially before significant events or when new information emerges. While sportsbooks might initially favor one team, the prediction market could indicate a different perceived probability based on the collective knowledge and analysis of its participants. This difference arises from the incentive structures and information sources each utilizes.
On Kalshi, this market is priced through a continuous order book where traders buy and sell contracts representing different possible outcomes. The price of each contract reflects the market's current expectation of that outcome's probability. As more traders participate, the prices adjust to reflect the collective forecast. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. This dynamic pricing mechanism allows for a real-time assessment of probabilities, driven by the informed opinions of participants. The market's efficiency is influenced by the volume of trading and the diversity of viewpoints represented.
This market resolves around Oct 25, 2026, with the outcome confirmed once the event is verifiable from credible public reporting. The final reception totals for players in the Miami vs New York game will be used to determine the winning contracts. The resolution will be based on official statistics released by the relevant sports league and verified through established sports data sources. Traders will then be paid out based on whether their predictions aligned with the actual results of the game, as determined by these publicly available statistics.
Several factors could influence the price movement of this market. Any news regarding player injuries, changes in team strategy, or weather conditions could significantly shift expectations. Unexpected performance in prior games, or even pre-game analysis from respected sports commentators, could also impact trading activity. A key player being ruled out due to injury would likely cause a substantial adjustment in the probabilities. Overall, any information that alters perceptions of the teams’ relative strengths or the likelihood of specific player performances has the potential to move this market.