Giants @ Rockies
Pricing the Giants side — Kalshi contract vs. the devigged sportsbook consensus.
Kalshi ask
59¢
Fair line
58.6¢
Edge
-0.4¢
Book by book
8 books · Giants to winEach bar = that book's price with the vig removed · median across books = the fair line
What an edge is worth
worked example · Giants · Giants @ RockiesKalshi asks 59¢ for a contract the devigged consensus prices at 58.6¢. Pick a position size:
Position
423 contracts
If it hits / if it misses
+$167 / −$250
Expected value per trade
−$8
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
Giants is priced at 58.6% to win by the devigged consensus, while the Kalshi YES contract asks 59¢ — a -0.4¢ gap per contract before fees. Prices move fast — verify at the venue before trading.