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SNAPSHOT STUDY · POLYMARKET RANK 1 IN SELECTED LIST

Giants vs. Rams

Giants outcome (Polymarket) versus Giants YES (Kalshi)

Books captured 2026-09-21T22:39:42.658Z. Listing metadata captured 2026-09-21T22:36:18.333Z. Provider batch started 2026-09-21T22:40:54.478Z. This page does not refresh automatically.

TL;DR

A useful short-horizon liquidity example, with a meaningful settlement exception. The underdog has more upside per share and a lower market-implied chance. Neither side is a low-risk holding.

Useful option for learning: Best for practicing how executable depth differs from headline volume and for testing a three-outcome payoff. Use a paper ledger only.

Bid / hypothetical entry: selected Polymarket outcome bid 27.00¢, ask 28.00¢. A bid is buying interest; an ask is an offered entry price. Neither is guaranteed to remain available.

100-share illustration: 29.00 points of total cost with the assumed 1¢/share fee; 71.00 net upside on a full win; 29.00 maximum loss in the zero-payout state. At the midpoint benchmark, expected net is -1.50 points. This binary illustration excludes ties and fair-price settlement; use the tie scenario below.

What exactly resolves?

The selected Polymarket token is Giants, not an outcome literally named YES. Both contracts use a half-unit tie settlement. The binary calculator examples below condition on a decisive result; the interactive model also lets you add a tie probability. Fair-price cancellation is an additional unmodeled state.

Scheduled kickoff: September 21, 2026, 8:15 p.m. ET. The Polymarket API end timestamp corresponds to kickoff, not a guaranteed settlement time. Kalshi’s close timestamp also is not a promise of immediately available proceeds.

Are the two platforms asking the same question?

The ordinary game-winner outcomes align, but the full contracts do not. Polymarket waits for a postponed game to finish and uses 50/50 for a canceled game or unmade-up tie. Kalshi can settle at a fair price if the game does not begin within 48 hours. Buying opposite sides therefore does not guarantee a fixed payout in every state.

Polymarket

Giants vs. Rams

Kalshi

New York G wins

Is there room at the quoted price?

Depth below is measured from the captured book within 2¢ of each side’s best ask. The 100- and 1,000-share examples consume successive ask levels. These are snapshots of visible entry liquidity, not reservations, total market capacity, or exit guarantees. Kalshi asks are derived as 1 minus the opposing bid with its available quantity.

Separate outcomes, separate depth; do not add opposite sides as independent capacity.
Venue / outcomeBid / askSpreadAt best askWithin +2¢100-share avg1,000-share avg
Polymarket / Giants27.00¢ / 28.00¢1.00¢1,848,893 shares2,383,949 shares
673,352.24 quote units
28.00¢28.00¢
Polymarket / Rams72.00¢ / 73.00¢1.00¢408,850 shares6,978,056 shares
5,200,589.79 quote units
73.00¢73.00¢
Kalshi / YES26.00¢ / 27.00¢1.00¢6,899,329 shares14,879,686 shares
4,120,915.08 quote units
27.00¢27.00¢
Kalshi / NO73.00¢ / 74.00¢1.00¢1,355,829 shares2,818,443 shares
2,100,953.98 quote units
74.00¢74.00¢

Reported 24h activity: Polymarket parent event 3,195,442 USD; selected contract 946,050 USD. Kalshi parent event 7,849,921 contracts; selected contract 6,429,869 contracts. These units are not interchangeable.

Both sides: upside is not the same as likelihood

One hypothetical share at each captured ask, before fees. The price is not a measured win probability. A winning share pays one unit; a losing share pays zero. Football ties and exceptional settlement can pay other amounts.

Venue / outcomeEntry costNet if full winLoss if zero payoutReturn if full win
Polymarket / Giants28.00¢72.00¢28.00¢257.14%
Polymarket / Rams73.00¢27.00¢73.00¢36.99%
Kalshi / YES27.00¢73.00¢27.00¢270.37%
Kalshi / NO74.00¢26.00¢74.00¢35.14%

Return if win is conditional net gain ÷ entry cost. It is not expected return, annualized return, or a recommendation. Fees lower the gain and increase the amount at risk.

Evidence and forecasting thesis

The market midpoint is the benchmark. There is no independently measured sports advantage in this study. A five-point optimistic scenario shows sensitivity, not an evidence-backed Giants forecast.

  • Confirmed active rosters and injuries; do not treat rumors as lineup changes.
  • Weather, venue, and any schedule change; separate their effect on win probability from settlement mechanics.
  • Recent team-strength evidence adjusted for opponent quality. This study has not fitted or validated a sports-performance model.

What would invalidate the assessment: Any change in the game identity, roster assumptions, or postponement status requires a fresh assessment. Do not carry a pregame price model into live play unchanged.

Risk profile: Underdog YES can lose the entire entry cost; favorite NO has smaller upside but still substantial loss. Closely related game, spread, and total contracts are correlated. High activity does not remove upset or settlement risk.

NFL schedule — Confirm the game and any postponement; a schedule is not a result. These are verification sources, not evidence that the future outcome has occurred.

Kalshi football contract — Check the complete official-result and exceptional-settlement rules. These are verification sources, not evidence that the future outcome has occurred.

Probability model and payoff sensitivity

The starting benchmark is the captured Polymarket bid–ask midpoint, 27.50%. No validated independent model justifies changing it. Lower and higher scenarios move this assumption by five percentage points; they are not confidence bounds or recommendations. Figures use 100 shares at the best ask plus an illustrative 1¢ per share total fee allowance. Larger entries require the depth simulation.

ScenarioAssumed probabilityExpected net pointsFull binary Kelly
Lower assumption22.50%-6.50Omitted: extra payout states
Market benchmark27.50%-1.50Omitted: extra payout states
Higher assumption32.50%3.50Omitted: extra payout states

Formula: expected net = N × [p(win) + 0.5 × p(tie) − entry − fee]. The binary table assumes p(tie)=0. Break-even under that assumption is 29.00%. A better-looking result after increasing p proves only that the calculation responds to p.

Change the assumptions

This paper simulator sweeps the captured Polymarket ask ladder. It uses no live quotes and places no orders. The default 1¢ fee per share is an illustrative total cost allowance, not a verified platform fee. Add slippage through the captured ladder; no exit fee or future price is known.

Modeled average entry
28¢
Total fictional cost
29
Net if win
71
Net if lose
-29
Expected net result
-1.5
Break-even win probability
29%
Net if tie
21

Kelly is omitted: tie and fair-price settlement require a model with more than two payout states. A positive result follows from the assumptions; it does not validate them.

Every tool’s contribution

Observed inputs, calculated outputs, actual provider responses, and tools that cannot support this study are identified separately. All sixteen learning tools are accounted for.

Financial Evidence: EODHD + Jev Not applicable or unavailable
Input
No relevant financial proxy was selected.
Output
No financial evidence was used to estimate the event probability.
How it affects this assessment
Daily prices and proxies do not resolve a sports result, election, policy decision, or intraminute barrier. Same-day bars may be incomplete. Article confidence concerns the classification, never the event’s chance.
Read the how-to guide
AI Market Analyzer Executed; unverified narrative
Input
Title, rule text, metadata price 27.50%, and identical assumed probability; no assumed advantage.
Output
HTTP 200: a narrative was returned. Its full response is available below; topic-specific assertions were not independently confirmed.
How it affects this assessment
Do not turn an AI-written explanation into a second independent forecast. Access limits were respected; no quota or entitlement bypass was attempted.
Read the how-to guide
Drift Radar Executed; rejected for outcome modeling
Input
Polymarket condition 0x38657f1f6a893ee3702217d1af586e8651ee736d613f54180a6d82f81c586f87; model google/timesfm-2.5-200m-pytorch.
Output
Spot 27.50% → terminal median 27.50%; p10 27.37%, p90 27.53%; quality low_data; stale cache no.
How it affects this assessment
These are contract-price projections, not event probabilities. All captured forecasts were flagged low_data; very narrow bands do not establish certainty. They receive no probability-model weight.
Read the how-to guide
Research Workspace Executed; excluded from probability
Input
Research API topic: Giants vs. Rams.
Output
HTTP 200; signal score 68/100; returned confidence High.
How it affects this assessment
The current endpoint does not return inspectable citations for its numeric signal. These are actual returned labels, not measured probabilities or verified news statistics. They receive no numerical weight in this assessment.
Read the how-to guide
Market Browser Observed
Input
Selected contract 3512682; outcome Giants.
Output
Order-book bid 27.00¢, ask 28.00¢, midpoint 27.50%. The separate Gamma metadata ask was 28.00¢.
How it affects this assessment
Use the book snapshot for price and size math. The midpoint is a market benchmark, not an independent forecast. Metadata and books were fetched at different times.
Read the how-to guide
Daily Market Desk Assessed
Input
The selected question, its rules, quote timestamps, and provider status.
Output
Study priority: verify the rules first; inspect 2,383,949 displayed shares within 2¢ of the selected Polymarket ask; then review the model-quality flags.
How it affects this assessment
This is a completed research checklist. High activity changes what is interesting to observe, not what is true.
Read the how-to guide
Cross-Platform Comparison Observed; equivalence unproven
Input
Specific first-outcome/YES contracts on both venues.
Output
Midpoints: Polymarket 27.50%; Kalshi 26.50%. Difference: 1.00 percentage points.
How it affects this assessment
Do not interpret this as a forecast advantage. See the detailed rule comparison; Bitcoin is explicitly a different threshold and time window.
Read the how-to guide
Dual Market View Match reviewed
Input
Same topic, explicit outcome mapping, and both sets of rules.
Output
Jev rule check: different; classification confidence 90.00%.
How it affects this assessment
Semantic similarity alone does not verify a hedge. The editorial comparison is the operative explanation; Jev is a separate, fallible check.
Read the how-to guide
Triple Market View Not established
Input
Polymarket and Kalshi selected contracts.
Output
No matching Metaculus question was verified for this study. No third estimate was inserted or averaged.
How it affects this assessment
Two venues do not become three independent forecasts by adding an AI score. The third-view tool remains available for a separately verified match.
Read the how-to guide
Vig & Implied Probability Calculator Calculated
Input
Polymarket first-outcome ask 28.00¢ and opposite-outcome ask 73.00¢.
Output
Sum 101.00¢; overround 1.00 percentage points. Normalized first-outcome quote 27.72%.
How it affects this assessment
This describes the two asks, not the platform fee or an objective probability. Costs must be modeled separately.
Read the how-to guide
Arbitrage Scanner Arithmetic only; not certified
Input
Opposite-side asks across the two venues, before fees and without guaranteeing simultaneous fills.
Output
Poly first outcome + Kalshi NO: 102.00¢. Kalshi YES + Poly opposite: 100.00¢.
How it affects this assessment
One unit of combined payout is not guaranteed when rules differ. A sum below 100¢ is not sufficient evidence of arbitrage. Unlike the standalone two-YES calculator, these sums use actual opposite-side books.
Read the how-to guide
Expected Value Calculator Calculated from assumptions
Input
100 hypothetical shares, entry 28.00¢, benchmark p=27.50%, assumed fee 1¢/share.
Output
Cost 29.00 points; expected net -1.50; if win 71.00; if lose -29.00. Break-even p=29.00%.
How it affects this assessment
EV = shares × (assumed win probability − entry − assumed fee). The standalone calculator omits this fee allowance; its equivalent stake is 100 × entry. Football values here condition on a decisive result.
Read the how-to guide
Kelly Criterion Calculator Not applicable to full contract
Input
Binary formula max(0, (p − entry)/(1 − entry)); p=27.50%.
Output
Omitted: ties and exceptional fair-price payouts require a model with additional states.
How it affects this assessment
The market midpoint is no independent probability advantage. A positive output after manually increasing p would follow from that assumption, not establish an allocation recommendation.
Read the how-to guide
Parlay Builder Dependence sensitivity
Input
This event at the benchmark 27.50% plus a purely illustrative second event at 50%.
Output
Independence product 13.75%; mathematically possible joint range 0.00%–27.50% without an independence assumption.
How it affects this assessment
No second real-world forecast is asserted. Shared drivers can invalidate multiplication. The midterms contract is already a joint event: do not multiply it by another chamber probability.
Read the how-to guide
Historical Calibration Not yet measurable
Input
Prospective paper forecast p=27.50%; outcome unresolved at capture.
Output
If binary YES, Brier contribution 0.5256; if NO, 0.0756. No realized score is assigned.
How it affects this assessment
A tie is a third category: do not score a 0.5 payout as an ordinary binary YES/NO outcome. Use a multiclass forecast if scoring ties.
Read the how-to guide
Portfolio Tracker Paper ledger only
Input
A hypothetical 100-share entry using the captured ask ladder.
Output
Modeled entry value 28.00 points at average 28.00¢; plus a 1-point illustrative entry-fee allowance. No real position exists.
How it affects this assessment
A complete ledger also needs side, timestamp, rules, fee assumption, later mark, and outcome. Do not sum related studies as though their risks were independent.
Read the how-to guide

Actual provider outputs: inspect before trusting

Jev returned different for the rule comparison, with classification confidence 90.00% using jev-1.13.0. This is not the event’s probability. The request rubric and full distribution are in the evidence download.

Drift forecast window: 2026-09-21T23:41:26.472951Z to 2026-09-22T00:41:26.472951Z. Quality flag: low_data. Rejected for probability modeling. Near-zero variation in a projected band is not proof of low risk.

Not applicable: an equity or crypto ticker cannot establish an NFL game result. No EODHD proxy was forced into this assessment.

No financial price series was used for this case.

Raw Research and Analyzer responses — unverified, excluded from probability

Returned narratives and numeric labels may contain unsupported claims. HTTP 429 means no result was generated. These records document tool behavior, not verified news or advice.

{
  "research": {
    "status": 200,
    "body": {
      "topic": "Giants vs. Rams",
      "keywords": [
        {
          "term": "Puka Nacua injury",
          "score": 95,
          "trend": "rising"
        },
        {
          "term": "Aaron Donald return",
          "score": 88,
          "trend": "rising"
        },
        {
          "term": "Giants offense",
          "score": 79,
          "trend": "stable"
        },
        {
          "term": "Rams defense",
          "score": 75,
          "trend": "stable"
        },
        {
          "term": "Jaxson Dart performance",
          "score": 70,
          "trend": "rising"
        },
        {
          "term": "Myles Garrett injury",
          "score": 65,
          "trend": "stable"
        },
        {
          "term": "Betting odds",
          "score": 60,
          "trend": "declining"
        },
        {
          "term": "Giants defense",
          "score": 55,
          "trend": "stable"
        }
      ],
      "coverageIndex": 90,
      "coverageTrend": "accelerating",
      "coverageChangePct": 45,
      "sentimentScore": 15,
      "sentimentTrend": "improving",
      "signalScore": 68,
      "signalDirection": "bullish",
      "interpretation": "The market is heavily focused on player injuries, particularly the questionable status of Rams wide receiver Puka Nacua and the confirmed return of Aaron Donald for the Rams. The Giants' Week 1 performance, especially quarterback Jaxson Dart's improved passing and the team's ability to sustain long drives, has generated positive sentiment. Despite the Rams' poor Week 1 showing, betting markets still favor them, indicating an expectation of a rebound performance.",
      "leadingIndicators": [
        "Puka Nacua's game-time decision status",
        "Aaron Donald's impact on Rams' defensive line",
        "Giants' offensive line performance against Rams' pass rush"
      ],
      "watchNext": [
        "Official inactive reports before kickoff",
        "Early game script and offensive efficiency",
        "Rams' defensive adjustments against the run"
      ],
      "confidence": "High",
      "dataWindow": "7 days"
    }
  },
  "analyzer": {
    "status": 200,
    "body": {
      "summary": "The Los Angeles Rams are favored to win against the New York Giants in their upcoming Monday Night Football game, despite the Rams' Week 1 loss and the Giants' upset victory. The market's YES price for the Giants is 27.5%, aligning with the trader's estimated probability, indicating no immediate edge.",
      "reasoning": [
        "The Rams are heavily favored by sportsbooks, with moneyline odds suggesting a 74-76% chance of winning, while the Giants are significant underdogs.",
        "Key Rams wide receiver Puka Nacua is questionable with a hip injury and is a game-time decision, which could significantly impact the Rams' offense.",
        "The Giants are dealing with defensive injuries, with cornerback Paulson Adebo out and Deonte Banks questionable, potentially weakening their secondary against the Rams' passing game."
      ],
      "confidence": "Medium",
      "usage": {
        "feature": "ai_analyzer",
        "used": 1,
        "limit": 1,
        "remaining": 0,
        "resetAt": "2026-09-22T00:00:00.000Z",
        "isPremium": false,
        "enforced": true
      },
      "isPremium": false,
      "requestId": "1eebda25-1ac5-4f2f-b1e2-ada8e26df5a9"
    }
  }
}

Costs, participation mechanics, and limits

  • Entering: choosing a side, size, and price is different from receiving a fill. A limit can remain unfilled; crossing available quotes can consume multiple levels. These pages place no orders.
  • Exiting: today’s entry depth says nothing certain about future bids. Early exit introduces a future-price assumption and may add fees. A marked gain is not a realized payout.
  • Fees: all five captured Polymarket markets report fees enabled; the legacy fee endpoint returns base_fee 1000. This study does not interpret that as a flat 10% charge. Use the current market-specific schedule and rounding. Kalshi’s series fee type is quadratic_with_maker_fees; overrides and execution type can matter.
  • Time and settlement: distinguish the event time, order close, resolution, dispute period, and withdrawal availability. Holding time and currency/funding costs are excluded from the scenario.
  • Eligibility and access: platform and regional rules apply. Educational access to these pages does not establish eligibility to transact on either venue.
  • Concentration: related topics may move together. The five studies are a learning set, not a diversified portfolio or an allocation proposal.

Polymarket fee documentation · Kalshi fee schedule

Repeat the paper exercise

Write the exact condition, timestamp, selected outcome, initial probability, evidence, and your reason for any change. Record the modeled entry and assumed costs. After official resolution, revisit the original forecast; do not backfill a winning prediction.

Existing EV/Kelly handoffs exclude the illustrative fee. They use the captured best ask and hypothetical inputs; the live tool may display different data if refreshed.