TOTAL VOLUME:
$150.1b
24H VOL:
$142,857,652
24H TRANSACTIONS:
2,859,322,643
OPEN INTEREST:
$1,733,278,615
483,990
Markets across
35,811
events
MATCHED EVENTS:
3,349
PLATFORM COVERAGE:
5
Polymarket:
38%
VS.
Kalshi:
62%
$
This market tracks which pitcher will win the National League Cy Young Award in the 2026 Major League Baseball season, as determined by the Baseball Writers' Association of America. Currently, the consensus probability favors Jacob Misiorowski to win, at 98.0%. This prediction aggregates data from Kalshi and Polymarket, and will resolve based on whether Yoshinobu Yamamoto wins the Pro Baseball National League Cy Young in the 2026 season. Cristopher Sanchez currently holds the second-highest probability at 2.0%. Keep an eye on the official Cy Young Award announcement, expected around January 1, 2027, to see if Misiorowski secures the honor.
This market will resolve to the player who wins the 2026 National League Cy Young Award. In the event of a tie, this market will resolve according to the official winner as determined by MLB rules. If multiple winners are announced then this market will resolve to the player whose listed last name comes first alphabetically. If the 2026 MLB season is cancelled, postponed after December 31, 2026, 11:59 PM ET, or there is otherwise no winner declared within that timeframe, this market will resolve to “Other”. The resolution source for this market will be official information from Major League Baseball; however, a consensus of credible reporting may also be used.
The market resolves to Yes if any of the specified pitchers wins the National League Cy Young Award in the 2026 season. Eligible candidates include Paul Skenes, Yoshinobu Yamamoto, Cristopher Sanchez, Hunter Greene, Chris Sale, Blake Snell, Freddy Peralta, Zack Wheeler, Logan Webb, Spencer Strider, Brandon Woodruff, Jacob Misiorowski, Spencer Schwellenbach, Tyler Glasnow, Jesus Luzardo, Nick Pivetta, Nolan McLean, Eury Perez, Nick Lodolo, Shohei Ohtani, Chase Burns, Sandy Alcantara, Andrew Abbott, Edward Cabrera, Roki Sasaki, Shota Imanaga, Joe Musgrove, Aaron Nola, Bubba Chandler, Cade Horton, Hurston Waldrep, Jared Jones, Kodai Senga, Mason Miller, Matthew Boyd, Mitch Keller, Quinn Priester, Robbie Ray, Jhoan Duran, Brady Singer, David Peterson, Merrill Kelly, Sean Manaea, Bryce Elder, and Kyle Harrison. The market also resolves to Yes if the award results in a tie or co-winners.
Prediction market odds, like those found in this market, often differ from traditional sportsbook odds due to the mechanisms behind price discovery. Sportsbooks set odds based on models and perceived public bias, while prediction markets reflect the collective wisdom of traders who have skin in the game. This can lead to prediction markets being more accurate, particularly as the event approaches and more information becomes available. The 1.0 difference between this market and sportsbook odds can indicate where the crowd disagrees with professional oddsmakers. Both offer valuable insights, but prediction markets incentivize more honest probability assessments.
Prices for the 2026 NL Cy Young market may vary between Polymarket and Kalshi due to several factors. Polymarket and Kalshi can show different implied probabilities for the same outcome because of liquidity, fee structure, participant mix, and how each venue defines the contract. Each platform has a different user base, trading volume, and liquidity, which can influence price discovery. Additionally, the specific rules and fee structures on each platform can create slight discrepancies. Currently, Polymarket favors Will Jacob Misiorowski win the 2026 NL Cy Young Award? at 98.0%, while Kalshi leans toward Will Jacob Misiorowski win NL Cy Young? at 97.0%. These differences highlight the independent nature of each market and the diverse perspectives of their traders.
This market resolves around Jan 1, 2027, with the outcome confirmed once the winner of the 2026 NL Cy Young Award is verifiable from credible public reporting. The official announcement by Major League Baseball will serve as the determining factor. Trading will cease once the award is announced, and the market will settle to 100% for the winning pitcher. The resolution process is designed to be transparent and based on publicly available information, ensuring a fair and accurate outcome for all participants in this market.
Numerous events could significantly impact the probabilities within this market. Pitcher performance throughout the 2025 and 2026 MLB seasons will be a primary driver, with strong starts and dominant performances increasing a player's chances. Injuries to key contenders will also have a substantial effect, shifting probabilities towards other potential candidates. Trades between teams could alter a pitcher's opportunity and thus their outlook. Finally, any news regarding rule changes or potential changes to voting criteria for the Cy Young Award could also influence trading activity in this market.