Who the markets say wins the next NBA title
Kalshi and Polymarket each run one market on the next NBA champion, with a contract for every team. At 11:38 UTC on 11 October 2026, Kalshi priced Oklahoma City at 23¢ and Polymarket priced San Antonio Spurs at 22.5¢.
2027 Pro Basketball Champion: prices at 11:38 UTC
Kalshi: 2027 Pro Basketball Champion, closes 30 Jul 2029. Polymarket: NBA: 2027 Champion, closes 1 Jul 2027.
| Outcome | Kalshi | Polymarket | Difference |
|---|---|---|---|
| Oklahoma City Thunder | 23¢ | 18.5¢ | 4.5 pts |
| San Antonio Spurs | 21¢ | 22.5¢ | 1.5 pts |
| Philadelphia 76ers | 13¢ | 11.1¢ | 2 pts |
| New York Knicks | 9¢ | 12.5¢ | 3.5 pts |
| Miami Heat | 6¢ | 3.8¢ | 2.3 pts |
| Minnesota Timberwolves | 6¢ | 5.2¢ | 0.9 pts |
| Boston Celtics | 5¢ | 4.5¢ | 0.5 pts |
| Los Angeles Lakers | 4¢ | 2.4¢ | 1.7 pts |
| Toronto Raptors | 3¢ | 3.4¢ | 0.4 pts |
| Denver Nuggets | 3¢ | 3.3¢ | 0.3 pts |
| Detroit Pistons | 2¢ | 3.2¢ | 1.2 pts |
| Cleveland Cavaliers | 3¢ | 2.5¢ | 0.5 pts |
How each venue resolves it
Kalshi states the rule on each contract. For Oklahoma City:
If Atlanta wins the 2027 Pro Basketball Finals, then the market resolves to Yes.
Polymarket's market description:
This market will resolve to "Yes" if the listed team is determined as the champion of the NBA for the 2026-27 season. Otherwise, it will resolve to "No".
If at any point it becomes impossible for a listed team to be named as the champion of NBA for the 2026-27 season per the rules of NBA (e.g., participant is eliminated), the corresponding market will resolve to "No".
If multiple teams are declared winners, this market will resolve in favor of the team whose listed name comes first alphabetically.
If this event is cancelled, postponed after June 30, 2027, 11:59 PM ET, or a champion has not been declared within this timeframe, this market will resolve to "Other".
A price on one venue is a price on its own rule. Where the wording differs, a gap between the two prices can be the rule, not a mistake.
What a trade costs
Both venues charge a fee that is largest near 50¢ and shrinks toward 1¢ and 99¢. The exact rates, by category, are on our Kalshi fees and Polymarket fees pages, and whether you can trade at all depends on your state.
About these prices
Prices are the last traded price on Kalshi's public market API and the displayed price on Polymarket's Gamma API, both read at 11:38 UTC on 11 October 2026. They move all day; open the market on the venue for the price now.
