Grade C · 0%RelatedOutcome mapping: inverse

Kalshi vs Polymarket: Louisville wins

Two contracts on the same event, priced by two separate crowds. Where they disagree, one of them is wrong — or the contracts are not quite the same question.

Live comparison
Kalshi
99.0%
—
Polymarket
0.1%
—
Disagreement
98.9 pts
Match confidence
0%
Theoretical edge
none

Side by side

MetricKalshiPolymarket
Probability99.0%0.1%
1h move——
24h move——
7d move——
24h volume$7.33M$1.77M
Liquidity—$156K
Spread——
Open interest3,841,318—
ClosesSep 19, 19:20 ETSep 19, 15:30 ET
Resolution sourcehttps://www.ncaa.com/sports/football/fbshttps://www.ncaa.com/
ContractOpen →Open →

Probability history

Both venues on one axis, with the gap beneath
KalshiPolymarket
No history available for this range yet.

How confident is this match?

Deterministic scoring first; the model may only downgrade
Title
80%
Entities
100%
Dates
86%
Threshold
100%
Polarity
85%
Rules
65%

Deterministic score 85%. The model read both rule sets and did not find the contracts equivalent. Last verified Sep 19, 17:02 ET.

Soft flags
  • tie_handling_differs

A soft flag is an ambiguity the deterministic rules noticed but could not resolve. Any one of them keeps a pair out of Grade A.

Material differences
  • **Tie Resolution**: Polymarket explicitly resolves ties to '50-50' (meaning neither YES nor NO pays out fully, or it's a split settlement depending on platform mechanics, but typically implies no clear winner). Kalshi rules do not specify tie handling in the provided text, but standard binary sports markets usually resolve based on the official result; if a tie is possible and not covered by 'win'
  • **Postponement/Cancellation Handling**: Kalshi has a specific 48-hour window rule: if postponed but starts within 48 hours, it resolves normally; if cancelled or not started within 48 hours, it resolves to a 'fair price'. Polymarket states that if postponed, it remains open until completed, and if cancelled entirely with no make-up game, it resolves 50-50. These are materially different settlement

The contracts are not equivalent due to differing resolution rules for ties and postponements/cancellations. Additionally, while they cover the same event, the mapping of outcomes is inverted relative to the question structure (Kalshi asks 'Louisville wins', Polymarket outcome 'NO' corresponds to Louisville winning).

Theoretical cross-market edge

Grade A pairs only, from executable book prices with depth simulation
Theoretical edge is calculated only for Grade A pairs, where the two contracts appear materially equivalent for settlement analysis. This pair is graded C, so the venues are compared for probability and sentiment only.

Why are these diverging?

Explanation pending

An evidence-grounded explanation is written once this market gathers enough confirmed price and trade evidence. Every number on this page is already live.

Event timeline

No timeline events yet

Timeline entries appear once price or trade activity crosses a reporting threshold.

Notable trades on both venues

Past 24 hours, ranked by notional

No sizeable trades recorded

Neither venue has printed a trade above the reporting threshold on this event in the last 24 hours.