TOTAL VOLUME:
$154.4b
24H VOL:
$290,393,159
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,944,100,805
420,493
Markets across
40,511
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 27, 11:43 AM EST
Polymarket
This prediction group concerns the outcome of a single Chinese Basketball Association (CBA) game between the Sichuan Blue Whales and the Nanjing Monkey King on October 27th. 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 27 at 7:35AM ET: If the Sichuan Blue Whales win, the market will resolve to "Sichuan Blue Whales". If the Nanjing Monkey King win, the market will resolve to "Nanjing Monkey King". 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 27 at 7:35AM ET: If the Sichuan Blue Whales win, the market will resolve to "Sichuan Blue Whales". If the Nanjing Monkey King win, the market will resolve to "Nanjing Monkey King". 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 in this market, often differ from traditional sportsbook odds due to the nature of how they are determined. Sportsbooks set odds based on internal models and aim to profit from balancing wagers, while prediction markets reflect the collective intelligence of traders who have a financial incentive to accurately forecast the outcome. This can lead to prediction markets being more efficient and accurate, especially as more information becomes available. However, sportsbooks may offer different types of bets and have different margins, impacting the comparison. The current volume of $47,944 suggests strong interest in this event.
Prices on Polymarket and Predict may differ due to variations in trader participation, market depth, and risk appetite. 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 attracts a distinct user base with potentially differing information and perspectives on the Sichuan Blue Whales versus Nanjing Monkey King game. Furthermore, the trading mechanisms and fee structures on Polymarket and Predict can influence price discovery. These factors contribute to the observed discrepancies, even though both markets ultimately aim to predict the same outcome. Differences in volume, currently $47,944 across both platforms, can also play a role.