Packers @ Lions
Pricing the Lions side — Kalshi contract vs. the devigged sportsbook consensus.
Kalshi ask
58¢
Fair line
60.1¢
Edge
+2.1¢
What an edge is worth
worked example · Lions · Packers @ LionsKalshi asks 58¢ for a contract the devigged consensus prices at 60.1¢. Pick a position size:
Position
431 contracts
If it hits / if it misses
+$175 / −$250
Expected value per trade
+$3
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
Lions is priced at 60.1% to win by the devigged consensus, while the Kalshi YES contract asks 58¢ — a +2.1¢ gap per contract before fees. Prices move fast — verify at the venue before trading.