SimpleFunctions
Winner-take-all answer·5 source contracts·Polymarket 5·refreshed just now·Closes Sep 28, 2026 · 123d

MLB: ERA Leader

Leader sits at 21% across 5 bound outcomes, runner-up at 12%. This is a winner-take-all market — the headline is the leader’s price, not an arithmetic mean.

Leader probability

21%

ERA Leader: Cristopher Sánchez

runner-up 12¢leader 21¢

Outcomes

5

winner-take-all

Runner-up

12¢

ERA Leader: Paul Skenes

Spread

9pp

contested

24h volume

$435

thin orderbook

Closes

Sep 28, 2026

123 days

Venue

Polymarket

5 bound

30-day trend

0%50%100%-30d-3w-2w-1wtodayERA Leader: Cristopher Sánchez: 14% (11 days, 10 points)ERA Leader: Cristopher Sánchez: 14% on 2026-05-26ERA Leader: Paul Skenes: 17% (11 days, 6 points)ERA Leader: Paul Skenes: 17% on 2026-05-25ERA Leader: Tarik Skubal: 4% (11 days, 7 points)ERA Leader: Tarik Skubal: 4% on 2026-05-25
ERA Leader: Cristopher Sánchez14¢ERA Leader: Paul Skenes17¢ERA Leader: Tarik Skubal4¢
Top 3 candidates by current price · 11d

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 19% probability reflects market expectations that Paul Skenes will finish the 2026 MLB season with the lowest earned run average among qualified pitchers. The market views this outcome as possible but unlikely, with Ohtani and Sánchez rated nearly as probable. ERA leadership will be determined by cumulative performance over the full season through September 2026. The primary drivers are each pitcher's health, consistency, team defensive support, and workload management. October's final regular-season results will resolve the contract, with qualifying criteria (typically 67 innings pitched minimum) determining eligibility. Early-season performance and injury updates will shift probabilities throughout the year, though the bulk of statistical divergence typically occurs in the final month.

  • Paul Skenes currently has 19¢ pricing despite lowest trading volume ($80 24h), suggesting thin liquidity rather than confident backing relative to top-volume contracts (Ohtani at $485)
  • Ohtani and Sánchez combined represent 32¢ of probability, indicating market skepticism that any single pitcher dominates ERA races this season
  • Qualifying pitchers must typically reach 67+ innings pitched; injury risk for any pitcher in this group could eliminate them before season's end
  • ERA leadership typically determined in final month of season; early rankings are weak predictors, making this contract highly sensitive to July-September pitcher health and performance
  • Current pricing suggests no clear consensus favorite, with four pitchers within 4-19¢ range, indicating high uncertainty about seasonal outcomes

What moved the line

  • May 21ERA Leader: Cristopher Sánchez5pp138¢ · Polymarket
  • May 24ERA Leader: Cristopher Sánchez5pp914¢ · Polymarket

Recently closed in sports

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

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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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