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Closed: Jul 12, 5:00 PM EST
Kalshi
The Phoenix Suns play the New Orleans Pelicans in a Pro Basketball Summer League game on July 12, 2026. Bettors wager on the point spread, predicting whether Phoenix will win by a certain margin or New Orleans will win by a certain margin.
Resolution depends on the final margin of victory in the Phoenix vs New Orleans Summer League game on July 12, 2026. The event provides spread outcomes for both teams across multiple point differentials. Phoenix outcomes resolve to Yes if the Suns win by more than the specified margin (1.5, 3.5, 6.5, 9.5, 12.5, or 15.5 points). New Orleans outcomes resolve to Yes if the Pelicans win by more than their specified margin (1.5, 3.5, 6.5, or 9.5 points). Each spread threshold is evaluated independently based on the official final score difference.
Prediction market odds and sportsbook odds often diverge because they serve different purposes. Sportsbooks set spreads to balance action and lock in profit margins, while prediction markets reflect pure crowd belief—traders stake real money on outcomes with no house edge. This market aggregates thousands of independent traders' views, which can reveal sharper or more contrarian spreads than traditional sportsbooks. Comparing the two can highlight where public perception differs from oddsmaker positioning.
On Kalshi, this market is priced through a continuous order-book mechanism where traders submit bids and asks for shares representing each outcome. 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 crowd's real-time probability estimate, ranging from $0 to $1. As new information emerges or sentiment shifts, traders adjust their positions, moving the price up or down. This transparent, peer-to-peer pricing model ensures the odds stay responsive to breaking news and changing expectations.
This market resolves around Jul 12, 2026, once the game concludes and the final spread is verified against credible public sources. The outcome is determined by comparing the actual point margin to the spread baked into the market at launch. Traders who correctly predicted whether Phoenix would beat the spread or fall short receive their payout, while incorrect positions expire worthless. Resolution typically occurs within hours of the final whistle.
Key catalysts include injury announcements to star players, lineup changes, weather conditions affecting outdoor play, and betting-market shifts that signal sharp money moving in one direction. Breaking news about team form, rest days, or coaching decisions can trigger rapid repricing. As game time approaches, late-action volume often accelerates, especially if one side of the spread appears undervalued. Monitoring team news and comparing this market's price to major sportsbooks helps identify when significant moves are likely.