Ghana @ Colombia
Pricing the Ghana side — Kalshi contract vs. the devigged sportsbook consensus.
Kalshi ask
11¢
Fair line
10.9¢
Edge
-0.1¢
Book by book
8 books · Ghana to winEach bar = that book's price with the vig removed · median across books = the fair line
What an edge is worth
worked example · Ghana · Ghana @ ColombiaKalshi asks 11¢ for a contract the devigged consensus prices at 10.9¢. Pick a position size:
Position
2,272 contracts
If it hits / if it misses
+$1,988 / −$250
Expected value per trade
−$36
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
Ghana is priced at 10.9% to win by the devigged consensus, while the Kalshi YES contract asks 11¢ — a -0.1¢ gap per contract before fees. Prices move fast — verify at the venue before trading.