Will Rajasthan Royals win the IPL?
Prediction markets currently give a 16% probability that Will Rajasthan Royals win the IPL?. This contract trades at 16¢ on Kalshi, closing June 15, 2026. Rajasthan Royals are priced at just 20¢ with an extraordinarily high implied yield of 2,790% on the Yes side, suggesting the market is pricing in extremely long odds despite the team's historical competitiveness in IPL.
Analysis
Rajasthan Royals are priced at just 20¢ with an extraordinarily high implied yield of 2,790% on the Yes side, suggesting the market is pricing in extremely long odds despite the team's historical competitiveness in IPL. The 7-day price movement from 14¢ to 18¢ indicates recent bullish sentiment, though the 477% realized volatility and elevated cliff risk index (5) signal this market experiences sharp swings, likely driven by match results and injury news with an information arrival rate of 0.6 events per hour. With $351k open interest and a tight 2¢ spread, liquidity is reasonable for a long-dated sports contract, though the 60-day window to the June 2026 close means significant IPL tournament action remains to be priced in.
Resolution rules
If the Rajasthan Royals are the 2026 Indian Premier League Cricket Champion, then the market resolves to Yes.
Indicators
Regime
Trade
sf trade KXIPL-26-RR yes 100