TOTAL VOLUME:
$154.4b
24H VOL:
$235,918,089
24H TRANSACTIONS:
2,984,028,936
OPEN INTEREST:
$1,884,820,873
413,109
Markets across
40,428
events
MATCHED EVENTS:
4,364
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 26, 11:39 AM EST
Polymarket
This prediction group concerns the outcome of a single Chinese Basketball Association (CBA) game between the Ningbo Rockets and the Jilin Northeast Tigers. The market resolves to whichever team wins the game, with a 50-50 split if the game is canceled without a reschedule and remaining open if postponed.
In the upcoming CBA game, scheduled for October 26 at 7:35AM ET: If the Ningbo Rockets win, the market will resolve to "Ningbo Rockets". If the Jilin Northeast Tigers win, the market will resolve to "Jilin Northeast Tigers". If the game is postponed, this market will remain open until the game has been completed. If the game is canceled entirely, with no make-up game, this market will resolve 50-50. The result will be determined based on the final score including any overtime periods.
In the upcoming CBA game, scheduled for October 26 at 7:35AM ET: If the Ningbo Rockets win, the market will resolve to "Ningbo Rockets". If the Jilin Northeast Tigers win, the market will resolve to "Jilin Northeast Tigers". If the game is postponed, this market will remain open until the game has been completed. If the game is canceled entirely, with no make-up game, this market will resolve 50-50. The result will be determined based on the final score including any overtime periods.
Prediction market odds, like those found on Polymarket and Predict, often reflect the wisdom of the crowd, potentially offering a different perspective than traditional sportsbooks. Sportsbooks set initial lines based on expert analysis and attempt to balance action on both sides, while prediction markets allow anyone to trade and express their beliefs. This can lead to discrepancies, as prediction markets may incorporate information not fully captured by sportsbook models. However, both aim to accurately forecast the probability of an event, and comparing them can reveal interesting insights into public perception and informed speculation about this market.
Prices on Polymarket and Predict can diverge due to several factors. Each platform has its own user base, trading dynamics, and fee structures, influencing price discovery. 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. Furthermore, differing levels of liquidity and information access across the platforms can contribute to price discrepancies. Currently, Polymarket currently favors Ningbo Rockets vs. Jilin Northeast Tigers at 97, while Predict leans toward Ningbo Rockets vs. Jilin Northeast Tigers at n/a. These differences highlight the independent nature of each market and the varying perspectives of their respective traders.