Elite Hoops Matchmaking: Duke vs. Michigan's Sweet Sixteen Showdown!
Kalshi and Polymarket have reported more than $60 million in March Madness future champion market trades.
Want to get more Covers content? Add us as a preferred source on your Google account here . Coming off of Selection Sunday and the reveal of the NCAA Tournament bracket, top prediction markets Kalshi and Polymarket reported more than $60 million in March Madness future champion market trades.
Duke and Michigan are fighting tooth and nail for the highest probability to win the tournament, according to users of both platforms. Key Takeaways Michigan was the favorite or co-favorite at Kalshi and Polymarket on Sunday. FanDuel has Arizona as its favorite to win the National Championship.
Prop markets for underdog upsets, seed combinations, and player performances are available at Kalshi. As of the morning of Monday, March 16, Kalshi showed nearly $60 million in trades in its future champion market. Polymarket also reported $4.
4 million in contract purchases. Prediction market prices are determined by real-time supply and demand, meaning that consumers are responsible for the value of each outcome. Kalshi users have Duke at a 22% chance to win the NCAA Tournament with contracts going for $.