Bulls @ Union
Pricing the Union side, Kalshi contract vs. the devigged sportsbook consensus.
Kalshi ask
57¢
Fair line
56.0¢
Edge
-1.0¢
Book by book
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 · Union · Bulls @ UnionKalshi asks 57¢ for a contract the devigged consensus prices at 56¢. Drag to size your position:
If it hits
+$1,147
If it misses
−$1,575
Expected value
−$69
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
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/moUnion is priced at 56.0% to win by the devigged consensus, while the Kalshi YES contract asks 57¢, a -1.0¢ gap per contract before fees. Prices move fast, verify at the venue before trading.