About This Market
ShareMiami Heat leads the “Heat vs. Bulls” event at 69.3% implied probability, followed by Chicago Bulls at 28.8%. A 5.5% cross-platform spread signals an active arbitrage window.
Live prediction market odds for Heat vs. Bulls. Compare prices across Kalshi and Polymarket.
Kalshi / Polymarket
Heat vs. Bulls
2025-11-21
Price History
Multi-Platform ProbabilitiesNo price history available
Live Markets
2 platforms
Frequently Asked Questions
What is "Heat vs. Bulls" and why does it matter?
Heat vs. Bulls is a prediction market event currently tracked across 2 platforms (Kalshi, Polymarket). Miami Heat leads at 69% implied probability, making it the market favorite. Other contenders include Chicago Bulls at 29%.
What is moving the odds on "Heat vs. Bulls"?
Miami Heat currently leads at 69% implied probability. Behind Miami Heat, Chicago Bulls at 29% are the next closest contenders. The 5.5% cross-platform spread suggested platforms were pricing new information differently, creating potential trading opportunities.
What are the current odds for "Heat vs. Bulls" across platforms?
Here are the latest odds across Kalshi, Polymarket: Miami Heat: 70¢ on Kalshi, 69¢ on Polymarket. Chicago Bulls: 26¢ on Kalshi, 32¢ on Polymarket. The 5.5% spread across platforms highlights where markets disagree — a gap traders can exploit by buying low on one platform and selling high on another.
What does it mean that Miami Heat is at 69%?
A price of 69¢ means the market estimates a 69% probability that Miami Heat will be the outcome. Buying one share at 69¢ pays out $1.00 if correct — a 45% return — or $0 if wrong. This is the core mechanic of prediction markets: the price directly reflects the crowd's probability estimate.