Padres @ Dodgers
Pricing the Padres side — Kalshi contract vs. the devigged sportsbook consensus.
Kalshi ask
36¢
Fair line
32.4¢
Edge
-3.6¢
Book by book
9 books · Padres to winEach bar = that book's price with the vig removed · median across books = the fair line
What an edge is worth
worked example · Padres · Padres @ DodgersKalshi asks 36¢ for a contract the devigged consensus prices at 32.4¢. Pick a position size:
Position
694 contracts
If it hits / if it misses
+$434 / −$250
Expected value per trade
−$35
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
Padres is priced at 32.4% to win by the devigged consensus, while the Kalshi YES contract asks 36¢ — a -3.6¢ gap per contract before fees. Prices move fast — verify at the venue before trading.