Pro Baseball Playoff Qualifiers

Prediction markets currently give a 8% probability that Pro Baseball Playoff Qualifiers. This contract trades at 8¢ on Kalshi, closing November 1, 2026. This market shows extreme asymmetry with a 2879% implied yield on Yes contracts against just 11.7% on No, suggesting severe underpricing of Chicago's playoff qualification odds at 5¢ despite the team's historical competitiveness and 199 days until expiration.

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8¢
Bid/Ask 4/7¢·Spread 3¢·Vol $125.43·OI $7,577.94·Closes Nov 1, 2026·189d remaining
KXMLBPLAYOFFS-26-CWS
7-day price194 snapshots · 3 regime
6¢4¢ current
Apr 83¢Apr 26

Analysis

9d ago

This market shows extreme asymmetry with a 2879% implied yield on Yes contracts against just 11.7% on No, suggesting severe underpricing of Chicago's playoff qualification odds at 5¢ despite the team's historical competitiveness and 199 days until expiration. The $0 24-hour volume combined with only $7,529 open interest and a 1¢ spread indicates dangerously low liquidity that could make position entry/exit difficult, though the recent price movement from 5¢ to 6¢ hints at emerging conviction. The extraordinarily high realized volatility (1774%) and cliff risk index (16) signal this contract experiences sharp, unpredictable moves—likely driven by sparse information arrivals (0.5/h)—making it a speculative play rather than a reliable hedge.

Resolution rules

If Chicago WS is one of the 2026 Pro Baseball Playoff Qualifiers, then the market resolves to Yes.

Indicators

IY (Yes) 4642.8%
IY (No) 8.1%
Adj IY 4643%
CRI 24
RV 2831%
VR 4.13
▶ Full indicator table (8)
IndicatorValue
IY (Yes)4642.8%
IY (No)8.1%
Adj IY4643%
CRI24
RV2831%
VR4.13
IAR1.4/h
Overround10.6%

Regime

Label
neutral
Score
0.341
Spread
3¢
Computed
4/26/2026, 10:40:32 PM
Observability lowEvent type sports
Indicators computed 4/26/2026, 10:38:47 PM

Trade

View on kalshisf trade KXMLBPLAYOFFS-26-CWS yes 100

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