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Kalshi · Polymarket · Novig · ProphetX

The same bet, cheaper.

How prediction markets price NFL, NBA and MLB player props against DraftKings and FanDuel — and where the better de-vigged number is right now.

Right now BeatVig prices 5,386 NFL, NBA and MLB player props at both. A prediction market is the better price 39% of the time (2,130 of 5,386). This is the board as it stands at 31 Oct 12:16 ET, not an average over any period — BeatVig measures live prices and keeps no price history.

Why the price is different

Same outcome, two business models.

A sportsbook sets a price and builds its margin into both sides — that margin is the vig, and it is the reason a coin flip is priced at -110 instead of +100. A prediction market does something different: Kalshi, Polymarket, Novig and ProphetX match one trader against another and charge a fee on the trade, so the quote you see is closer to what the market actually believes.

That difference is worth money on the props you were already betting. BeatVig converts every quote — book and exchange — to implied probability, removes the vig from both, and flags the ones where the exchange is the cheaper side of the same outcome.

Live examples right now

Straight off the board, no cherry-picking.

Rebounds o5.5

ProphetXProphetX +26527.4%27¢ vs Hard Rock BetHard Rock Bet +19533.9%34¢ · +6.5pp vs Hard Rock Bet

fair 33.5% · edge +5.66pp (worst case +3.93pp) — this edge is 5.66 percentage points under the de-vigging method BeatVig publishes and as little as 3.93 under the least flattering of the 4 methods that fit Bovada's own two-sided prices

+5.66pp

Rebounds o5.5

ProphetXProphetX +22031.3%31¢ vs BovadaBovada +15040%40¢ · +8.75pp vs Bovada

fair 37.3% · edge +5.57pp (worst case +4.75pp) — this edge is 5.57 percentage points under the de-vigging method BeatVig publishes and as little as 4.75 under the least flattering of the 4 methods that fit Kalshi's own two-sided prices

+5.57pp

543 more edges behind Premium

Free accounts see a 3-edge sample from below the top of the board. Premium unlocks the full board, every sport, every venue.

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The 4 venues, by sport

How each one charges you, and where it prices which sport.

Kalshi
Kalshi is a CFTC-regulated exchange. Every contract settles at $1 or $0, so a 42¢ quote is a 42% implied probability with no sportsbook margin layered on top.
Kalshi charges a per-contract trading fee instead of building a margin into the line. The fee is a curve, not a flat rake: it peaks at roughly 1.75¢ on a contract priced near 50¢ and shrinks toward zero at both extremes, and maker fees are a quarter of taker fees.
Polymarket
Polymarket is an order-book market: the price is whatever two traders agree on, and a share that settles at $1 quotes as a probability directly.
Polymarket's taker fee is a fraction of a percent, which makes its headline quote very close to the all-in cost and often the cheapest of the exchanges in the middle of the price range.
Novig
Novig is a peer-to-peer exchange wearing a sportsbook interface: your price comes from another user rather than from a trading desk that sets a margin.
Novig takes a small per-contract fee from the taker and pays makers a rebate rather than baking vig into the line. It is low-fee rather than fee-free, and when Novig steps in as counterparty in a thin market a spread comes back into the price.
ProphetX
ProphetX is a betting exchange: users post the prices and you take the other side of someone else's bet instead of accepting a desk's number.
ProphetX charges commission on net winnings rather than embedding a margin, so the cost is explicit and only applies when you win.

Head to head, live

Which venue is currently the cheaper side.

Prediction markets vs sportsbooks — FAQ

Do prediction markets have lower vig than sportsbooks?

Across the 5386 player props BeatVig prices at both a prediction market and a sportsbook right now, a prediction market is the better price 39% of the time (2130 of 5386). That is a live count of the current board rather than an average over time, and a sportsbook is still the better number on the rest.

How do Kalshi's fees compare to sportsbook juice?

Kalshi charges a per-contract trading fee rather than a flat cut of winnings, and the fee is a curve that peaks at roughly 1.75 cents on a contract priced near 50 cents and shrinks toward zero at both extremes. A sportsbook's margin is inside the price instead, so you pay it on every bet whether it wins or loses.

Can I bet player props on Kalshi or Polymarket?

Kalshi lists player markets as "X or more" yes/no contracts rather than as over/under lines, and Polymarket's player-prop coverage is still filling in. BeatVig converts each contract to the equivalent over price so it can be compared to a sportsbook number directly.

How do you compare a prediction market price to a sportsbook price?

Convert both to the implied probability of the same outcome, then remove the sportsbook's vig so the two numbers mean the same thing. The cheaper venue is the one implying the lower probability for the side you want.

Are prediction markets legal in the US?

Kalshi and Polymarket US both operate through CFTC-regulated exchanges rather than under state sports-betting licences, which is why their footprint differs from a sportsbook's. Availability still varies by venue and by state, so check the venue before assuming you can trade there.

Start with a market

The props people actually shop for.