Trading

Kalshi traders push Cam Schlittler to AL Cy Young favorite, list Ohtani MVP/Cy Young double

Updated 3d ago

Kalshi traders have driven New York Yankees pitcher Cam Schlittler to clear favorite status in the AL Cy Young Award market, with the prediction market platform continuing to shift odds in his favor, according to a May 31 report. If Schlittler holds on, he would become only the seventh Yankees pitcher to win the award. In a separate market posted the same day, Kalshi is offering contracts on whether Los Angeles Dodgers star Shohei Ohtani will win both the NL MVP and Cy Young Awards in the same season — a feat accomplished by just 11 pitchers in MLB history. Neither market listing included specific price, odds, or volume data.

Why this matters?

The back-to-back baseball market launches show Kalshi building a season-long sports vertical independent of Polymarket's soccer-heavy event calendar. Any pricing gap with offshore sportsbooks on award season outcomes will steer where arbitrage and institutional capital flows ahead of Kalshi's Interactive Brokers integration.

The bigger picture

Kalshi's fourth active sports event contract market this week — AL Cy Young, NL MVP/Cy Young double, NBA championship, and UFC 329 — deepening its sports vertical alongside Polymarket's World Cup and Champions League push.

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