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 21, 10:53 PM EST
Polymarket
This group covers various markets related to the NBA game between the Indiana Pacers and the New Orleans Pelicans on October 21st. Markets include the winner of the game, first team to score, the total score, and spread-based outcomes.
In the upcoming NBA game, scheduled for October 21 at 8:00PM ET: If the Pacers win, the market will resolve to "Pacers". If the Pelicans win, the market will resolve to "Pelicans". 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 NBA game, scheduled for October 21 at 8:00PM ET: If the Pacers win, the market will resolve to "Pacers". If the Pelicans win, the market will resolve to "Pelicans". 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 often differ from traditional sportsbook odds due to the differing incentives of participants. Sportsbooks aim to profit by setting lines that attract balanced betting, while prediction market participants are incentivized to accurately forecast the outcome. This can lead to prediction markets being more efficient at reflecting true probabilities, especially as more information becomes available. While sportsbooks may incorporate subjective factors like team news or public perception, this market relies on the collective wisdom of traders. However, sportsbook odds can still be a useful data point when evaluating potential trades and understanding the broader market sentiment surrounding the Pacers-Pelicans game.
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. Prices on Polymarket and Predict may diverge due to several factors, including differences in user base, market design, and trading volume. Polymarket currently favors Team to Score First at 98 percent, while Predict leans toward the Pacers-Pelicans game at an unspecified percentage. Each platform attracts a different set of traders with varying expertise and risk tolerance, influencing price discovery. Furthermore, the liquidity and trading fees on each platform can impact the attractiveness of different positions, leading to price discrepancies. These differences highlight the importance of considering multiple sources when assessing the potential outcomes of the game.