Kalshi Prediction Market Prices NFL Worst Record Odds

As the NFL preseason concludes and teams prepare for final roster cuts, prediction market platform Kalshi has seen significant trading activity around season-long outcomes, particularly which team will finish with the league's worst record. The market, which allows users to trade contracts on event outcomes, has drawn attention to several rebuilding franchises facing substantial quarterback uncertainty heading into the 2026 regular season.

According to market data from August 25, the Arizona Cardinals are priced at the top of the "worst record" market with a 26% implied probability. This follows the team's decision to release quarterback Kyler Murray in March, leaving Jacoby Brissett as the presumptive starter under new head coach Mike LaFleur. The Cardinals' quarterback room also includes rookie Carson Beck and veteran Gardner Minshew. The Miami Dolphins follow closely at 23%, having undergone a dramatic offseason reset with new coach Jeff Hafley and general manager JonEric Sullivan. The team handed the offense to Malik Willis after moving on from stars including Tua Tagovailoa and Tyreek Hill.

The Cleveland Browns and New York Jets are both priced at 10%. The Browns recently...