2026 Game of the Year?

Prediction markets currently give a 7% probability that 2026 Game of the Year?. This contract trades at 7¢ on Kalshi, closing December 31, 2027. This market on Pragmata winning 2026 Game of the Year shows extreme mispricing signals with a 1405% implied yield on the Yes side against just 2.4% on No, suggesting severe underpricing of the outcome at 6¢.

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7¢
Bid/Ask 5/7¢·Spread 2¢·Vol $359.48·OI $20,412.31·Closes Dec 31, 2027·619d remaining
KXGAMEAWARDS-2026-PRA
7-day price34 snapshots · 63 regime
7¢5¢ current
Apr 131¢Apr 21

Analysis

4d ago

This market on Pragmata winning 2026 Game of the Year shows extreme mispricing signals with a 1405% implied yield on the Yes side against just 2.4% on No, suggesting severe underpricing of the outcome at 6¢. The realized volatility of 2400% and vol ratio of 4.14 indicate wild price swings disconnected from fundamentals, while the modest $417.87 daily volume and $19,259 open interest reveal dangerously low liquidity that could amplify slippage on larger positions. With 624 days until expiration, the market has ample time for information arrival (0.4 events per hour), yet the recent price movement from 2¢ to 4¢ combined with the elevated cliff risk index of 24 suggests this contract may be vulnerable to sudden repricing or liquidity crises.

Resolution rules

If Pragmata has won Game of the Year at the 2026 Game Awards, then the market resolves to Yes.

Indicators

IY (Yes) 1120.7%
IY (No) 3.1%
Adj IY 336%
CRI 19
Overround -0.1%
LAS 0.40
▶ Full indicator table (6)
IndicatorValue
IY (Yes)1120.7%
IY (No)3.1%
Adj IY336%
CRI19
Overround-0.1%
LAS0.40

Regime

Label
neutral
Score
0.341
Spread
2¢
Computed
4/21/2026, 8:12:26 PM
Observability lowEvent type cultural
Has orderbookIndicators computed 4/21/2026, 8:08:17 PM

Trade

View on kalshisf trade KXGAMEAWARDS-2026-PRA yes 100

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