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Kalshi odds of Jeremiah Smith winning the Heisman Trophy rise to 42 percent

Kalshi traders raised Jeremiah Smith to 42 percent in the Heisman Trophy winner market, up 3 points in 24 hours. The market has 2.5 million dollars in lifetime volume and 1.6 million dollars in open interest.

Jeremiah Smith’s implied probability of winning the Heisman Trophy reached 42 percent on Kalshi, according to PredictionBubbles. That represents an increase of 3 percentage points over 24 hours.

The figures were reported on Oct 31, 2026, at 8:00 AM ET. They capture a shift in traders’ pricing, rather than an award result.

Market activity

The Heisman Trophy winner market has recorded 2.5 million dollars in lifetime trading volume, according to PredictionBubbles. Open interest stands at 1.6 million dollars.

Those totals describe activity and outstanding exposure across the market. The supplied report does not identify how much of either figure is tied specifically to Smith, or explain what prompted his price increase.

What it means for prediction markets

  • Smith’s 42 percent implied probability reflects a 3-percentage-point gain in 24 hours, but remains below 50 percent.
  • Lifetime volume of 2.5 million dollars and open interest of 1.6 million dollars provide distinct measures of market participation; neither establishes the cause of the move.
  • Without prices for other contenders, the report does not establish Smith’s ranking within the market.
KalshiInfiniti MarketsInfiniti Signals

Sources & attribution

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    PredictionBubblespredictionbubbles.com
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