SimpleFunctions
Winner-take-all answer·6 source contracts·Kalshi 6·refreshed just now·Closes Nov 1, 2027 · 516d

2026 Grammy nominees for Record of the Year

Leader sits at 91% across 6 bound outcomes, runner-up at 86%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

91%

The Fate of Ophelia

runner-up 86¢leader 91¢

Outcomes

6

winner-take-all

Runner-up

86¢

I Just Might

Spread

5pp

contested

24h volume

$12

thin orderbook

Closes

Nov 1, 2027

516 days

Venue

Kalshi

6 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayThe Fate of Ophelia: 88% (2 days, 2 points)The Fate of Ophelia: 88% on 2026-05-22I Just Might: 75% on 2026-05-22Man I Need: 79% on 2026-05-22
The Fate of Ophelia88¢I Just Might75¢Man I Need79¢
Top 3 candidates by current price · 2d

Bracket family

How the bracket ladder is priced.

Each row is one outcome on the venue. Sorted by 24h volume — the heaviest book is at the top.

Analysis

This probability reflects traders' assessment that 'The Fate of Ophelia' will be nominated for a 2026 Grammy Award in the Record of the Year category. At 92%, the market is pricing in high confidence, though the 6-point gap to the runner-up suggests meaningful uncertainty remains. The current price is driven by the song's recent chart performance and critical reception, with traders weighing factors like streaming data, radio play, and historical precedent for similar releases. The Grammy nomination announcement, scheduled for November 2026, will definitively resolve this contract. Until then, shifts in streaming metrics, awards-season buzz, and competing releases could move the probability. High trading volume on this contract ($83 in 24 hours) indicates active reassessment among traders tracking early indicators of Grammy consideration.

  • 'The Fate of Ophelia' has accumulated substantial streaming and radio metrics relative to other potential nominees in its eligibility window
  • A 6-point differential to the runner-up indicates the market does not view nomination as certain despite the 92% price
  • Grammy nomination ballots rely on voter familiarity and eligibility compliance; ineligibility issues or voter unfamiliarity would sharply lower probability
  • Chart performance and critical reviews from industry publications historically correlate with nomination likelihood but do not guarantee selection
  • November 2026 Grammy nomination announcement will produce full resolution; no intermediate data release significantly updates this forecast

Recently closed in entertainment

These markets stopped trading. Last odds and any captured outcome are shown above — full settlement detail lives at the venue.

More like this

Adjacent prediction questions.

How we compute these odds

SimpleFunctions aggregates live prediction-market contracts from Kalshi and Polymarket. Each slug groups contracts that resolve on the same underlying event, identified by venue event_id.

For binary slugs, the headline probability is the liquidity-weighted mid-price across all bound contracts. For multi-outcome slugs (e.g. elections with 3+ candidates), the headline is the leader’s price; we never arithmetically average disjoint outcomes — that would produce a number with no real-world meaning.

Snapshots refresh every 5 minutes during market hours; daily aggregates are computed at 04:00 UTC. The 30-day sparkline is drawn from per-ticker daily means stored in market_indicator_daily; 24h delta and movement events are derived from the same source.

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