TOTAL VOLUME:
$154.6b
24H VOL:
$323,326,361
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,969,435,260
419,363
Markets across
40,411
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 17, 10:28 PM EST
Polymarket
This group covers markets related to a National Hockey League (NHL) game between the New York Rangers and the Columbus Blue Jackets on October 17th. Markets include a straight win/loss outcome and over/under bets on the total number of goals scored in the game.
In the upcoming NHL game, scheduled for October 17 at 7:00PM ET: If the Rangers win, the market will resolve to "Rangers". If the Blue Jackets win, the market will resolve to "Blue Jackets". 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 and shootouts. In the event of a shootout, one goal will be added to the winning team's score for the purpose of resolution.
In the upcoming NHL game, scheduled for October 17 at 7:00PM ET: If the Rangers win, the market will resolve to "Rangers". If the Blue Jackets win, the market will resolve to "Blue Jackets". 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 and shootouts. In the event of a shootout, one goal will be added to the winning team's score for the purpose of resolution.
Prediction market odds, like those found on Polymarket and Predict, often differ from traditional sportsbook odds due to the mechanisms driving price discovery. Sportsbooks set lines based on internal models and aim to balance action on both sides, incorporating a profit margin. Prediction markets, however, are driven by the collective wisdom of traders who buy and sell contracts, leading to odds that reflect a broader range of information and potentially more accurate probabilities. This market's odds can be seen as a signal of public sentiment, distinct from the perspectives of professional oddsmakers.
Prices for this market may vary between Polymarket and Predict due to several factors. 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. Each platform has a different user base, trading volume, and liquidity, all of which influence price discovery. Additionally, the specific contract design and available trading mechanisms on each platform can lead to discrepancies. For example, Polymarket might attract more sophisticated traders, while Predict may have a broader, less experienced user base, resulting in differing valuations of the same event. These dynamics create opportunities for arbitrage, but also explain why prices aren't always identical.