4 min read · Updated June 2026
Polymarket Super Bowl odds
Polymarket runs a Super Bowl winner contract for each of the 32 NFL teams — year-round, peer-to-peer, USDC settlement. Here's how to trade them and the U.S.-legal Kalshi alternative.
Key takeaways
- › 32 separate team contracts; prices must sum to roughly $1.
- › Live year-round, not just during the season.
- › USDC settlement on Polygon, zero platform fee.
- › Kalshi runs the U.S.-legal CFTC-approved Super Bowl contract.
- › Settles within minutes of the final whistle.
How Super Bowl markets work
Each team has its own YES/NO contract priced between $0 and $1. The price represents the implied probability that team wins the Super Bowl. Buy YES if you think the price is too low; buy NO if you think it's too high.
Conversion math
A $0.10 contract that wins pays $1.00 — a 10x return. A $0.50 favorite that wins pays $1.00 — a 2x return. Always compare the implied probability to the team's true odds before sizing.
Start trading in 2 minutes
Both platforms are free to sign up. Kalshi is CFTC-regulated USD. Polymarket settles in USDC.
Play responsibly
Prediction markets are real-money trading and you can lose your full stake. We recommend 21+. If trading stops feeling fun, call 1-800-GAMBLER or text 988.