TOTAL VOLUME:

$134.2b

24H VOL:

$134,145,987

24H TRANSACTIONS:

2,388,728,490

OPEN INTEREST:

$1,441,166,947

406,422

Markets across

30,383

events

MATCHED EVENTS:

2,688

PLATFORM COVERAGE:

5

Polymarket:

39%

VS.

Kalshi:

61%

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Tony Award for Best Book of a Musical?
kalshi

Tony Award for Best Book of a Musical?

Volume:
$35,875

Schmigadoon!

 - Kalshi

Schmigadoon! - Kalshi

1W

News

Positive

Negative

Neutral

Hover marker for details

Vol.

·

Resolved Jun 8, 2026

Closed: Jun 8, 9:59 AM EST

kalshi

Kalshi

View
Join Kalshi and score $25 for your first trade.
Outcome
Trade
Chance %
Price
Spread
Liquidity
Volume
24h
7d
Open Interest
Ends in
Result
kalshi

Schmigadoon!

View
100%
Yes 100¢No 0¢
100¢
N/A
$20,137
N/A
N/A
$13,031
3mo 2d
Yes
kalshi

Two Strangers (Carry a Cake Across New York)

0%
Yes 0¢No 100¢
100¢
N/A
$7,210
N/A
N/A
$6,586
3mo 2d
No
kalshi

Titaníque

0%
Yes 0¢No 100¢
100¢
N/A
$4,934
N/A
N/A
$3,889
3mo 2d
No
kalshi

The Lost Boys

0%
Yes 0¢No 100¢
100¢
N/A
$2,927
N/A
N/A
$2,551
3mo 2d
No
kalshi

Tie

0%
Yes 0¢No 100¢
100¢
N/A
$666
N/A
N/A
$650
3mo 2d
No
Total markets: 5

Intro

This market on Kalshi tracks which musical will win the Tony Award for Best Book of a Musical at the 79th Tony Awards ceremony. Schmigadoon! is priced at 61.0% to claim the award, while Titaníque stands at 23.0%. The market resolves according to the official results announced at the 79th Tony Awards, with settlement based on the ceremony's final determinations. Watch the Tony Awards ceremony itself for the announcement of the Best Book of a Musical winner.

Frequently asked questions

Prediction market odds on Kalshi often diverge from traditional theater critics and award analysts. While analysts rely on reviews, industry buzz, and historical voting patterns, prediction markets aggregate real-money bets from a diverse crowd of traders. Markets may price in late-breaking developments—such as cast changes, critical receptions, or voter sentiment shifts—faster than published forecasts update. Comparing Kalshi odds to major award prediction sites and entertainment publications reveals whether the market is more bullish or bearish on specific nominees than expert consensus, offering traders an edge in spotting undervalued or overvalued outcomes.

The Tony Award for Best Book of a Musical market resolves on Dec 31, 2026, following the live announcement of winners at the Tony Awards ceremony. Resolution is determined by the official Tony Awards results announced by the Broadway League and televised during the event. Markets close shortly before the ceremony begins to prevent last-minute information leakage. Once the winner is declared on stage, Kalshi settles all contracts based on the official outcome. Traders should monitor the official Tony Awards schedule and any changes to voting procedures or eligibility rules that might affect the final result.

Several catalysts can shift odds for Tony Award for Best Book of a Musical before Dec 31, 2026. Critical reviews and media coverage of nominated musicals often influence voter perception and market prices. Industry award wins—such as Grammy, Outer Critics Circle, or Drama Desk honors—signal quality and voter enthusiasm. Cast or creative team changes, box-office performance, and social media momentum can reshape sentiment. Voter eligibility announcements and any rule changes from the Tony Awards organization may also impact pricing. Theater publications and award-season reporting frequently highlight frontrunners and dark horses, prompting traders to reposition. Late-season buzz and word-of-mouth can elevate or diminish a nominee's perceived chances.