Jeremiah Smith’s Heisman odds slide sharply in active Kalshi market
The Kalshi market on Jeremiah Smith winning the Heisman Trophy fell 20 points in 24 hours to 21 percent, among the biggest moves on the PredictionBubbles board. The market has 2.5 million dollars traded and about 61 days left to run.
Jeremiah Smith’s probability of winning the Heisman Trophy on Kalshi dropped to 21 percent after a 20-point decline in 24 hours, according to PredictionBubbles.
The update, published Nov 1, 2026 at 9:30 AM ET, placed the contract among the largest movers on the PredictionBubbles board.
Trading activity and time remaining
The market has recorded 2.5 million dollars in traded volume, according to PredictionBubbles. That figure measures trading activity, not the amount backing either outcome.
About 61 days remain before the market finishes running. The supplied summary gives no reason for the decline, leaving the catalyst for the repricing unidentified.
What it means for prediction markets
- The 20-point fall represents a substantial downward revision in the market’s assessment of Smith’s Heisman chances over 24 hours.
- The 21 percent reading is a market-implied probability, not a determination of the award’s outcome.
- With about 61 days remaining, the contract still has time for further repricing; the reported volume alone does not establish how easily traders can execute at current prices.
Sources & attribution
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