Will Ivan Herrera win the 2026 Edgar Martinez Outstanding Designated Hitter Award?

This market shows extreme illiquidity with zero 24-hour volume despite $1.2M open interest, suggesting the $1,222 spread (83¢) reflects wide bid-ask gaps rather than active trading. The 204.3% implied yield on the Yes side is unusually high and likely unsustainable, indicating either mispricing or very thin liquidity at the ask price. With 247 days to expiry and a neutral regime, this appears to be a speculative position rather than an efficiently-priced market, making the 42¢ price potentially unreliable for assessing Herrera's true award probability.

Resolution rules

This market will resolve to the player who wins the 2026 Edgar Martinez Outstanding Designated Hitter award for the 2026 MLB Season. In the event of a tie, this market will resolve according to the official winner as determined by MLB rules. If multiple winners are announced then this market will resolve to the player whose listed last name comes first alphabetically. If the 2026 MLB season is cancelled, postponed after December 31, 2026, 11:59 PM ET, or there is otherwise no winner declared within that timeframe, this market will resolve to “Other”. The resolution source for this market will be official information from Major League Baseball; however, a consensus of credible reporting may also be used.

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