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24H VOL:

$104,871,197

24H TRANSACTIONS:

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OPEN INTEREST:

$1,592,701,755

469,827

Markets across

35,657

events

MATCHED EVENTS:

2,899

PLATFORM COVERAGE:

5

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Oscar Winner: Best Picture
kalshi

Oscar Winner: Best Picture

Mar 20, 2026, 10:00 AM EST - Dec 31, 2027, 10:00 AM EST
Total volume:
$8,743,304
Volume 24h:
$151,614
21%
Liquidity:
N/AN/A
Open interest:
$6,321,099
0.74%

The Odyssey

 - Kalshi

The Odyssey - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolves Dec 31, 2027

Will The Odyssey win Best Picture at the Oscars?

50%chance
Amount

$

Trade on
kalshi

Trade on Kalshi

Join Kalshi and score $25 for your first trade.At 50¢ buys you 200 shares | Odds: 50% Total Payout: $200 | Net Profit: $100 Multiplier: 2.00x | ROI: 100% | APY: 77% 442 days to resolution
You will be redirected to the platform to complete this trade.
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

The Odyssey

Trade
50%
2%
Yes 50¢No 51¢
1¢
N/A
$2,009,266
0.57%
4%
$893,380
1y 2mo 2w
active
kalshi

The Black Ball

24%
1%
Yes 25¢No 76¢
1¢
N/A
$581,148
1%
2%
$348,480
1y 2mo 2w
active
kalshi

You Can See Everything

11%
Yes 11¢No 90¢
1¢
N/A
$479,599
16%
38%
$415,297
1y 2mo 2w
active
kalshi

Dune: Part Three

9%
Yes 10¢No 91¢
1¢
N/A
$589,907
0.24%
3%
$398,332
1y 2mo 2w
active
kalshi

Wild Horse Nine

4%
Yes 4¢No 97¢
1¢
N/A
$451,252
0.27%
7%
$319,657
1y 2mo 2w
active
kalshi

Artificial

2%
Yes 3¢No 98¢
1¢
N/A
$291,576
1%
37%
$246,035
1y 2mo 2w
active
kalshi

Digger

1%
3%
Yes 2¢No 99¢
1¢
N/A
$867,627
6%
29%
$561,538
1y 2mo 2w
active
kalshi

Project Hail Mary

1%
Yes 1¢No 100¢
1¢
N/A
$367,595
0.62%
4%
$277,009
1y 2mo 2w
active
kalshi

The Debut

1%
Yes 1¢No 100¢
1¢
N/A
$354,760
0%
1%
$269,029
1y 2mo 2w
active
kalshi

Avengers: Doomsday

1%
Yes 1¢No 100¢
1¢
N/A
$337,741
0.5%
2%
$330,914
1y 2mo 2w
active
kalshi

The Social Reckoning

1%
Yes 1¢No 100¢
1¢
N/A
$327,383
0.1%
0.12%
$294,261
1y 2mo 2w
active
kalshi

Obsession

1%
Yes 1¢No 100¢
1¢
N/A
$312,478
0.64%
14%
$303,648
1y 2mo 2w
active
kalshi

Fjord

1%
Yes 1¢No 100¢
1¢
N/A
$233,586
0%
3%
$215,826
1y 2mo 2w
active
kalshi

Josephine

1%
Yes 1¢No 100¢
1¢
N/A
$216,356
0%
0.05%
$209,340
1y 2mo 2w
active
kalshi

Michael

1%
Yes 1¢No 100¢
1¢
N/A
$198,439
0%
0.72%
$171,331
1y 2mo 2w
active
kalshi

Behemoth

1%
Yes 1¢No 100¢
1¢
N/A
$175,229
0%
0.11%
$166,118
1y 2mo 2w
active
kalshi

Elsinore

1%
Yes 1¢No 100¢
1¢
N/A
$157,012
0%
0.06%
$139,140
1y 2mo 2w
active
kalshi

Paper Tiger

1%
Yes 1¢No 100¢
1¢
N/A
$104,878
0%
0.84%
$103,536
1y 2mo 2w
active
kalshi

Disclosure Day

1%
Yes 1¢No 100¢
1¢
N/A
$95,556
0%
0%
$77,459
1y 2mo 2w
active
kalshi

Tie

1%
Yes 1¢No 100¢
1¢
N/A
$77,858
5%
8%
$77,858
1y 2mo 2w
active
kalshi

Club Kid

1%
Yes 1¢No 100¢
1¢
N/A
$66,590
0.01%
0.53%
$66,590
1y 2mo 2w
active
kalshi

The Adventures of Cliff Booth

1%
Yes 1¢No 100¢
1¢
N/A
$65,838
0%
0.3%
$60,874
1y 2mo 2w
active
kalshi

The Invite

1%
Yes 1¢No 100¢
1¢
N/A
$49,257
0.1%
0.68%
$49,257
1y 2mo 2w
active
kalshi

Minotaur

1%
Yes 1¢No 100¢
1¢
N/A
$42,240
0%
0.45%
$42,115
1y 2mo 2w
active
kalshi

Cry to Heaven

1%
Yes 1¢No 100¢
1¢
N/A
$40,407
0.01%
0.01%
$36,319
1y 2mo 2w
active
Total markets: 25 of 41

Intro

This market tracks whether *The Odyssey* will win Best Picture at the Oscars. Currently, Kalshi gives *The Odyssey* a 53.0% probability of winning, while *The Black Ball* is at 26.0%. The market resolves based on whether *Avengers: Doomsday* has won Best Picture at the 99th Academy Awards, as determined by the Academy Awards ceremony itself. Traders should watch the nominations announced on February 22, 2027, as this will significantly shape expectations for which film is likely to take home the award.

Kalshi

If The Odyssey has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Digger has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Wild Horse Nine has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Project Hail Mary has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Dune: Part Three has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Disclosure Day has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Fjord has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If The Social Reckoning has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Michael has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If The Entertainment System Is Down has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Artificial has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Narnia: The Magician's Nephew has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Werwulf has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Behemoth has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Josephine has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Sense and Sensibility has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If I Love Boosters has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If The Adventures of Cliff Booth has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Avengers: Doomsday has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If The Death of Robin Hood has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If The Drama has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Ink has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If All of a Sudden has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Cry to Heaven has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Tie has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If 1949 / Fatherland has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Paper Tiger has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Hope has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Minotaur has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If Parallel Tales has won Best Picture at the 99th Academy Awards, then the market resolves to Yes. If The Black Ball has won Best Picture at the 99th Academy Awards, then the market resolves to Yes.

Frequently asked questions

Currently, prediction market odds often diverge from traditional analyst forecasts and polling data. While many analysts are predicting a close race, this market reflects a different sentiment, with traders assigning a higher probability to certain films than many experts suggest. These discrepancies can arise from the incentive structure of prediction markets, where participants have a financial stake in accurately forecasting the outcome. It’s common to see this market adjust more rapidly to new information than traditional sources, as traders quickly incorporate news and developments into their predictions.

On Kalshi, this market is priced through a continuous double auction, meaning buyers and sellers set the odds by placing bids and asks. The price of a 'yes' share for a particular film represents the probability of that film winning Best Picture, as perceived by the market participants. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. The market dynamically adjusts as traders exchange positions, reflecting their collective assessment of each film's chances. This creates a constantly updated probability distribution for the event’s possible outcomes, driven by informed speculation and real-time information flow.

This market resolves around Dec 31, 2027, with the outcome confirmed once the winner of the Best Picture Oscar is verifiable from credible public reporting. The Academy Awards ceremony will determine the official winner, and that result will be used to settle this market. Trading will cease once the winner is announced, and payouts will be distributed to those who correctly predicted the outcome. The market’s resolution is based solely on the official announcement by the Academy of Motion Picture Arts and Sciences.

Several factors could significantly impact this market. Critical acclaim from major film festivals, awards from guilds like the Directors Guild of America or the Screen Actors Guild, and strong box office performance can all shift the odds. Unexpected controversies surrounding a film or its creators could also move the market. Furthermore, the release of final Oscar nominations and any major marketing campaigns leading up to the ceremony are likely to influence trading activity. Any significant news or developments related to the nominated films will be reflected in the price action of this market.