Will Philadelphia win the 2026 Pro Baseball Championship?

Prediction markets currently give a 3% probability that Will Philadelphia win the 2026 Pro Baseball Championship?. This contract trades at 3¢ on Kalshi, closing October 31, 2028. Philadelphia's 4¢ price reflects a heavily discounted probability despite the Phillies being a competitive NL East franchise, suggesting market skepticism about their championship odds over the next two seasons.

░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
3¢
Bid/Ask 3/4¢·Spread 1¢·Vol $11,573.11·OI $371,333.92·Closes Oct 31, 2028·923d remaining
KXMLB-26-PHI
7-day price5 snapshots · 71 regime
4¢3¢ current
Apr 203¢Apr 21

Analysis

4d ago

Philadelphia's 4¢ price reflects a heavily discounted probability despite the Phillies being a competitive NL East franchise, suggesting market skepticism about their championship odds over the next two seasons. The extreme 943.8% implied yield on Yes positions creates a classic long-shot asymmetry, though the modest $961.47 daily volume and $357,769 open interest indicate limited liquidity for a market with nearly 2.5 years to expiration. The zero spread and neutral regime score suggest fair pricing, but the 24 Cliff Risk Index warrants caution—this metric flags potential for sharp repricing as the 2026 season approaches.

Resolution rules

If Philadelphia wins the 2026 Pro Baseball Championship, then the market resolves to Yes.

Indicators

IY (Yes) 1278.2%
IY (No) 1.2%
Adj IY 426%
CRI 32
Overround -0.2%
LAS 0.33
▶ Full indicator table (6)
IndicatorValue
IY (Yes)1278.2%
IY (No)1.2%
Adj IY426%
CRI32
Overround-0.2%
LAS0.33

Regime

Label
neutral
Score
0.341
Spread
1¢
Computed
4/21/2026, 9:22:28 PM
Observability lowEvent type sports
Has orderbookIndicators computed 4/21/2026, 9:08:17 PM

Trade

View on kalshisf trade KXMLB-26-PHI yes 100

Related concepts

Related Prediction Market Questions