Dodgers @ Phillies
Pricing the Phillies side, Kalshi contract vs. the devigged sportsbook consensus.
Kalshi ask
56¢
Fair line
55.5¢
Edge
-0.5¢
Market volume
$28.9K
149,381 contracts at best ask
Volume is notional at settlement. Thin markets move on small orders, so size accordingly.
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See exactly which sportsbook sets each price, so you know where the edge really is.
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What an edge is worth
worked example · Phillies · Dodgers @ PhilliesKalshi asks 56¢ for a contract the devigged consensus prices at 55.5¢. Drag to size your position:
If it hits
+$1,195
If it misses
−$1,575
Expected value
−$56
That's the honest shape of edge trading: no single bet is a lottery ticket, a repeatable few-percent advantage, compounded over volume, is the entire game. The terminal's job is finding you that advantage before it closes.
Expected value ≠ guaranteed outcome · fees approximated · variance is real · not betting advice
Executable edge
What this is actually worth once you account for order-book depth.
+3.8¢
headline
+1.5¢
at size
57.3¢
avg fill
1.3¢
slippage
2,400
available
See what any edge is really worth at size, net of order-book depth. Size your position, see your true fill.
Unlock with Sharp · $99/moPhillies is priced at 55.5% to win by the devigged consensus, while the Kalshi YES contract asks 56¢, a -0.5¢ gap per contract before fees. Prices move fast, verify at the venue before trading.