“One Battle After Another” Sweeps Oscars on Kalshi at 99¢

QUICK PICK

“One Battle After Another” won six Oscars including Best Picture, and the Kalshi contract tracking it as the most-awarded film at the 98th Academy Awards is now trading at a YES bid of 99¢ / ask of 100¢ — reflecting a near-certain outcome ahead of official contract resolution.

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THE SETUP

The KXMOSTWINSOSCARS-26-ONE contract pays out if “One Battle After Another” finishes with more Oscar wins than any other film. With six wins confirmed versus runner-up “Sinners” at four, the contract is resolving in YES holders’ favor. The 75,942 contracts traded in the last 24 hours reflect traders closing positions into a near-certain result.

THE PAYOFF

The opposing contract, KXMOSTWINSOSCARS-26-SIN, which tracked “Sinners” as the top winner, sits at a YES bid of 0¢ / ask of 1¢ — consistent with a losing position. “Sinners” had carried the highest nomination count heading in, with a record 16 nominations, making its four-win night a meaningful miss for bettors who backed it heavily, as “One Battle After Another” ultimately led all films with six wins on the evening. Open interest on the SIN contract stands at 132,460 — a large prior position that has resolved against.

CONTRACT NOTES

Per contract terms, expiration triggers at the first 10:00 AM ET following the official release of winners on the Oscars website. With the ceremony concluded, resolution should follow promptly on that schedule. This is market commentary, not financial advice. Always verify contract terms and do your own research before placing any trades.

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➜ Oscars Best Picture Market: One Battle After Another at 73.5¢

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