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NFL Week 8 VolumeThe team with more volume went 8–5 in Week 8 so far, with $185.47M traded

Prediction markets have traded $185.47M (Kalshi counted at $1 a contract) on NFL Week 8's games since the markets opened: $86.16M on who wins, $37.19M on player props and the rest on spreads, totals and quarters. The most is on Panthers at Packers ($106.63M). In 5 games most of the volume is on the team the market prices to lose, led by the Ravens: 56% of the volume at a 33% price.

For each game's prices and favorites, see Week 8 Predictions.

Live
Traded on Week 8 games
$185.47M
+$450.56M last 24h4,587,632 trades14 games
What’s being traded
Winner $86.16MSpread $40.29MTotal $13.57MQuarters & halves $6.31MPlayer props $37.19MOther $1.95M
By exchangeCompare →
  • Kalshi$130.50M70%
  • Polymarket US$28.42M15%
  • Polymarket$26.55M14%
Paid by day
Tue
Wed
Thu
Fri
Sat
$190.67MSun
$74.10MMon
Most traded game
$106.63M
Panthers at Packers
Volume’s record
8–5
Games the team with more volume won, so far
Biggest trade
$358K
Steelers at 65¢ on Polymarket
Player props
$37.19M
Most on Josh Jacobs, $2.10M
Volume by team

Which team the volume backs in each Week 8 game

Each game has two bars in its teams’ colors: the volume traders put on each side, and the market’s price. Where a team’s share of the volume runs further than its price, traders like it more than the market does.

Thursday Night Football
PanthersCarolina
at
PackersGreen Bay
Volume’s side won

Traders backed the Packers, and they won 27–19. 66% of the volume before kickoff was on them, while the opening price gave them a 60% chance to win.

Volume before kickoff vs. the price$4.22M on who wins
Volume
Priceat open
Panthers $1.45M$2.77M Packers
$106.63M traded on this game, all markets
Winner
$43.87M
Spread
$17.46M
Total
$7.30M
Quarters
$6.10M
Props
$30.29M
Other
$1.61M
By exchange
Kalshi
$99.22M93%
Poly US
$4.98M5%
Polymarket
$2.43M2%
256 whale trades · $7.51M
Final 19–27GB −17.5 · O/U 36.5
Sunday, 1 p.m. ET
CardinalsArizona
at
CowboysDallas
Volume’s side lost

Traders backed the Cowboys, and they lost 30–33. 65% of the volume before kickoff was on them, while the opening price gave them a 72% chance to win.

Volume before kickoff vs. the price$951K on who wins
Volume
Priceat open
Cardinals $332K$619K Cowboys
$5.77M traded on this game, all markets
Winner
$3.62M
Spread
$1.44M
Total
$235K
Props
$433K
By exchange
Kalshi
$1.95M34%
Poly US
$2.43M42%
Polymarket
$1.38M24%
121 whale trades · $2.89M
Final 33–30DAL −13.5 · O/U 46.5
Sunday, 1 p.m. ET
FalconsAtlanta
at
BuccaneersTampa Bay
Volume’s side lost

Traders backed the Falcons, and they lost 0–16. 50% of the volume before kickoff was on them, while the opening price gave them a 48% chance to win.

Volume before kickoff vs. the price$876K on who wins
Volume
Priceat open
Falcons $442K$434K Buccaneers
$2.98M traded on this game, all markets
Winner
$885K
Spread
$899K
Total
$794K
Props
$374K
By exchange
Kalshi
$1.65M55%
Poly US
$443K15%
Polymarket
$888K30%
61 whale trades · $1.23M
Final 0–16TB −5.5 · O/U 40.5
Sunday, 1 p.m. ET
RavensBaltimore
at
BillsBuffalo
Volume’s side lost

Traders backed the Ravens, and they lost 10–36. 56% of the volume before kickoff was on them, while the opening price gave them a 33% chance to win.

Volume before kickoff vs. the price$1.77M on who wins
Volume
Priceat open
Ravens $997K$772K Bills
$7.22M traded on this game, all markets
Winner
$3.00M
Spread
$2.77M
Total
$509K
Props
$879K
By exchange
Kalshi
$3.16M44%
Poly US
$1.20M17%
Polymarket
$2.86M40%
112 whale trades · $3.61M
Final 10–36BUF −13.5 · O/U 51.5
Sunday, 1 p.m. ET
BrownsCleveland
at
SteelersPittsburgh
Volume’s side won

Traders backed the Steelers, and they won 27–6. 69% of the volume before kickoff was on them, while the opening price gave them a 66% chance to win.

Volume before kickoff vs. the price$1.25M on who wins
Volume
Priceat open
Browns $391K$855K Steelers
$3.64M traded on this game, all markets
Winner
$1.95M
Spread
$1.00M
Total
$218K
Props
$414K
By exchange
Kalshi
$1.50M41%
Poly US
$403K11%
Polymarket
$1.74M48%
56 whale trades · $1.77M
Final 6–27PIT −16.5 · O/U 34.5
Sunday, 1 p.m. ET
ColtsIndianapolis
at
JaguarsJacksonville
Volume’s side won

Traders backed the Jaguars, and they won 42–7. 78% of the volume before kickoff was on them, while the opening price gave them a 72% chance to win.

Volume before kickoff vs. the price$495K on who wins
Volume
Priceat open
Colts $108K$387K Jaguars
$3.59M traded on this game, all markets
Winner
$725K
Spread
$2.09M
Total
$152K
Props
$588K
By exchange
Kalshi
$2.63M73%
Poly US
$229K6%
Polymarket
$735K20%
27 whale trades · $852K
Final 7–42JAC −13.5 · O/U 43.5
Sunday, 1 p.m. ET
RaidersLas Vegas
at
JetsNew York
Volume’s side lost

Traders backed the Jets, and they lost 33–38. 53% of the volume before kickoff was on them, while the opening price gave them a 51% chance to win.

Volume before kickoff vs. the price$2.77M on who wins
Volume
Priceat open
Raiders $1.30M$1.47M Jets
$8.51M traded on this game, all markets
Winner
$4.82M
Spread
$3.00M
Total
$188K
Props
$463K
By exchange
Kalshi
$4.95M58%
Poly US
$1.65M19%
Polymarket
$1.91M22%
151 whale trades · $3.89M
Final 38–33NYJ −5.5 · O/U 70.5
Sunday, 1 p.m. ET
VikingsMinnesota
at
LionsDetroit
Volume’s side won

Traders backed the Lions, and they won 19–15. 56% of the volume before kickoff was on them, while the opening price gave them a 60% chance to win.

Volume before kickoff vs. the price$2.26M on who wins
Volume
Priceat open
Vikings $1.00M$1.26M Lions
$5.53M traded on this game, all markets
Winner
$3.30M
Spread
$1.44M
Total
$156K
Props
$568K
By exchange
Kalshi
$3.12M56%
Poly US
$1.16M21%
Polymarket
$1.25M23%
122 whale trades · $2.86M
Final 15–19DET −1.5 · O/U 35.5
Sunday, 1 p.m. ET
TitansTennessee
at
BengalsCincinnati
Volume’s side won

Traders backed the Bengals, and they won 43–36. 85% of the volume before kickoff was on them, while the opening price gave them a 74% chance to win.

Volume before kickoff vs. the price$1.32M on who wins
Volume
Priceat open
Titans $198K$1.12M Bengals
$6.21M traded on this game, all markets
Winner
$3.77M
Spread
$1.58M
Total
$187K
Props
$625K
By exchange
Kalshi
$2.73M44%
Poly US
$1.70M27%
Polymarket
$1.78M29%
127 whale trades · $2.76M
Final 36–43CIN −2.5 · O/U 50.5
Sunday, late afternoon
ChargersLos Angeles
at
RamsLos Angeles
Volume’s side won

Traders backed the Rams, and they won 24–9. 79% of the volume before kickoff was on them, while the opening price gave them a 70% chance to win.

Volume before kickoff vs. the price$1.15M on who wins
Volume
Priceat open
Chargers $246K$906K Rams
$3.98M traded on this game, all markets
Winner
$2.11M
Spread
$967K
Total
$586K
Props
$269K
By exchange
Kalshi
$1.25M32%
Poly US
$715K18%
Polymarket
$2.01M51%
90 whale trades · $2.50M
Final 9–24LAR −1.5 · O/U 41.5
Sunday, late afternoon
ChiefsKansas City
at
BroncosDenver
Volume’s side won

Traders backed the Broncos, and they won 28–24. 50% of the volume before kickoff was on them, while the opening price gave them a 44% chance to win.

Volume before kickoff vs. the price$3.14M on who wins
Volume
Priceat open
Chiefs $1.56M$1.58M Broncos
$10.41M traded on this game, all markets
Winner
$7.48M
Spread
$1.83M
Total
$591K
Props
$465K
By exchange
Kalshi
$2.00M19%
Poly US
$5.14M49%
Polymarket
$3.27M31%
225 whale trades · $5.00M
Final 24–28KC −9.5 · O/U 57.5
Sunday, late afternoon
PatriotsNew England
at
DolphinsMiami
Volume’s side won

Traders backed the Patriots, and they won 24–19. 72% of the volume before kickoff was on them, while the opening price gave them a 69% chance to win.

Volume before kickoff vs. the price$1.35M on who wins
Volume
Priceat open
Patriots $976K$379K Dolphins
$9.66M traded on this game, all markets
Winner
$5.20M
Spread
$2.81M
Total
$1.16M
Props
$468K
By exchange
Kalshi
$3.94M41%
Poly US
$4.22M44%
Polymarket
$1.49M15%
107 whale trades · $2.56M
Final 24–19NE −19.5 · O/U 34.5
Sunday Night Football
EaglesPhiladelphia
at
CommandersWashington
Volume’s side lost

Traders backed the Eagles, and they lost 10–27. 51% of the volume before kickoff was on them, while the opening price gave them a 37% chance to win.

Volume before kickoff vs. the price$3.90M on who wins
Volume
Priceat open
Eagles $2.01M$1.89M Commanders
$9.23M traded on this game, all markets
Winner
$4.44M
Spread
$2.55M
Total
$1.40M
Props
$797K
By exchange
Kalshi
$1.27M14%
Poly US
$3.68M40%
Polymarket
$4.28M46%
203 whale trades · $5.60M
Final 10–27
Monday Night Football
BearsChicago
at
SeahawksSeattle
Underdog volume

Traders back the Bears, the underdog: 51% of the volume is on them, while the market prices them at a 39% chance to win.

Traders’ volume vs. the price$1.94M on who wins
Volume
Price
Bears $993K$951K Seahawks
$2.11M traded on this game, all markets
Winner
$1.00M
Spread
$431K
Total
$97.3K
Props
$560K
By exchange
Kalshi
$1.12M53%
Poly US
$470K22%
Polymarket
$517K25%
12 whale trades · $490K
Mon 8:15 PM ETSEA −3.5 · O/U 46.5
By exchange

Where Week 8 was traded

Kalshi handled 70% of the volume traded on Week 8. The average trade was biggest on Polymarket ($472) and smallest on Polymarket US ($32). Player props are 27% of Kalshi’s volume.

Kalshi

70% of the week
$130.50M
Trades
3,634,998
Avg. trade
$36
Last 24h
$416.91M
Winner
$50.63M39%
Spread
$27.99M21%
Total
$8.91M7%
Quarters & halves
$6.19M5%
Player props
$34.84M27%
Other
$1.95M1%
Most tradedPanthers at Packers$99.22M

Polymarket US

15% of the week
$28.42M
Trades
896,408
Avg. trade
$32
Last 24h
$18.81M
Winner
$20.12M71%
Spread
$4.55M16%
Total
$1.28M5%
Player props
$2.35M8%
Most tradedChiefs at Broncos$5.14M

Polymarket

14% of the week
$26.55M
Trades
56,226
Avg. trade
$472
Last 24h
$14.84M
Winner
$15.41M58%
Spread
$7.76M29%
Total
$3.38M13%
Most tradedEagles at Commanders$4.28M
Combos

What Week 8 combos are riding on

Kalshi combo buyers have put at least $67.99M into combos with a Week 8 leg, across 114,974 combos averaging 6.4 legs. Traders taking the other side (NO) paid another $170.30M.

Buying YES
$67.99M
114,974 combos
Buying NO
$170.30M
51,742 combos
Average combo
6.4
legs, up to 236
All-NFL combos
69%
of the YES volume

Most-traded combo legs

YES volume in combos with each leg (a combo counts for each of its legs).

  1. Bengals to win11,656 combos
    $7.70MYES
  2. Patriots to win11,389 combos
    $7.56MYES
  3. Rams to win10,098 combos
    $6.22MYES
  4. Commanders to win8,055 combos
    $5.97MYES
  5. Cowboys to win8,321 combos
    $5.96MYES
  6. Jaguars to win9,608 combos
    $5.86MYES
  7. Chiefs to win5,566 combos
    $5.07MYES
  8. Bills to win6,724 combos
    $4.86MYES

Biggest combos

The largest YES trades, which pay only if every leg hits.

  1. $152K to win $420KVikings to win · Incarnate Word wins · North Dakota St. wins
    3legs
  2. $135K to win $138KNo: Elijah Higgins 3+ receptions · No: Michael Wilson 9+ receptions · No: Trey McBride 8+ receptions · No: Brevyn Spann-Ford 5+ receptions · No: CeeDee Lamb 8+ receptions · and 3 more
    8legs
  3. $98.3K to win $131KChiefs to win · Edmonton wins
    2legs
YES volume by combo size
2 legs 36%3–4 34%5–7 17%8+ 13%

Kalshi combos (multi-leg contracts) with at least one leg in a Week 8 game, counted once each. Volume is what buyers paid; YES buyers need every leg to hit, NO buyers take the other side. Kept apart from the week’s other figures. AllTop knows the legs of 52% of Kalshi’s combo dollars in the week’s window, so these are floors. Source: AllTop via DeFi Rate.

Whale watch

Biggest Week 8 trades

The largest single trades on who wins.

  1. Steelers at 65¢Browns at Steelers · Polymarket · Sun 12:02 PM
    $358Kpays $550K
  2. Bills at 100¢Ravens at Bills · Polymarket · Sun 4:41 PM
    $340Kpays $340K
  3. Commanders at 70¢Eagles at Commanders · Kalshi · Sun 7:49 PM
    $334Kpays $477K
  4. Eagles at 31¢Eagles at Commanders · Polymarket · Sun 8:20 PM
    $278Kpays $897K
  5. Bills at 62¢Ravens at Bills · Polymarket · Sun 12:56 PM
    $274Kpays $442K
  6. Bills at 62¢Ravens at Bills · Polymarket · Sun 12:56 PM
    $274Kpays $442K
On the move

Biggest price moves

Kalshi’s price, since the market opened.

  1. Seattle SeahawksBears at Seahawks · 60% → 61%
    +2points
Player props

Most-traded players

Dollars traded across each player’s props. Every prop →

  1. Josh Jacobs32 markets · Panthers at Packers
    $2.10Mtraded
  2. Saquon Barkley32 markets · Eagles at Commanders
    $1.65Mtraded
  3. Christian Watson29 markets · Panthers at Packers
    $1.50Mtraded
  4. Chuba Hubbard33 markets · Panthers at Packers
    $1.50Mtraded
  5. Tetairoa McMillan28 markets · Panthers at Packers
    $1.49Mtraded
Volume vs. the price

Where the volume disagrees with the market

Each dot is the team with more volume in a game: across, its chance to win; up, its share of the volume. Above the dashed line, traders liked it more than the market price does. Bigger dots, more volume.

UNDERDOGS THE VOLUME IS BACKING20%30%40%50%60%70%80%50%60%70%80%90%100%Volume matches the priceChance to winShare of the volumeGBDENNEPHINYJBALCINDALDETLARPITJACATLCHI
Volume on the underdogPiling on the favoriteEverything else
The volume’s boldest call
The Ravens

56% of the volume at 33% price against the Bills.

In line with the market
7 games

the Packers, the Cowboys, the Steelers, the Jaguars, the Jets, the Lions, the Patriots: the volume and the price agree.

Every figure

Week 8 volume, game by game

Every game’s volume, by market and by exchange, and the side buyers took. Tap a column to sort.

NFL Week 8 prediction market volume by game and exchange
VolumeBy exchangeVolume’s side
Volume vs. priceWhales
Panthers at PackersFinal 19–27$106.63M$43.87M$30.29M858,586$99.22M93%$4.98M5%$2.43M2%
Volume CAR 34%Price 41%
25634%+6
Chiefs at BroncosFinal 24–28$10.41M$7.48M$465K555,221$2.00M19%$5.14M49%$3.27M31%
Volume KC 50%Price 56%
22518%+6
Patriots at DolphinsFinal 24–19$9.66M$5.20M$468K315,990$3.94M41%$4.22M44%$1.49M15%
Volume NE 72%Price 69%
10722%+3
Eagles at CommandersFinal 10–27$9.23M$4.44M$797K687,712$1.27M14%$3.68M40%$4.28M46%
Volume PHI 51%Price 37%
20326%+15
Raiders at JetsFinal 38–33$8.51M$4.82M$463K270,783$4.95M58%$1.65M19%$1.91M22%
Volume LV 47%Price 50%
15128%+2
Ravens at BillsFinal 10–36$7.22M$3.00M$879K264,611$3.16M44%$1.20M17%$2.86M40%
Volume BAL 56%Price 33%
11241%+24
Titans at BengalsFinal 36–43$6.21M$3.77M$625K300,923$2.73M44%$1.70M27%$1.78M29%
Volume TEN 15%Price 26%
12720%+11
Cardinals at CowboysFinal 33–30$5.77M$3.62M$433K331,623$1.95M34%$2.43M42%$1.38M24%
Volume ARI 35%Price 28%
12119%−6
Vikings at LionsFinal 15–19$5.53M$3.30M$568K282,967$3.12M56%$1.16M21%$1.25M23%
Volume MIN 44%Price 40%
12226%−4
Chargers at RamsFinal 9–24$3.98M$2.11M$269K226,430$1.25M32%$715K18%$2.01M51%
Volume LAC 21%Price 30%
9032%+9
Browns at SteelersFinal 6–27$3.64M$1.95M$414K154,470$1.50M41%$403K11%$1.74M48%
Volume CLE 31%Price 34%
5640%+3
Colts at JaguarsFinal 7–42$3.59M$725K$588K102,049$2.63M73%$229K6%$735K20%
Volume IND 22%Price 28%
2747%+6
Falcons at BuccaneersFinal 0–16$2.98M$885K$374K135,533$1.65M55%$443K15%$888K30%
Volume ATL 50%Price 48%
6132%+3
Bears at SeahawksMon 8:15 PM ET$2.11M$1.00M$560K100,734$1.12M53%$470K22%$517K25%
Volume CHI 51%Price 39%
1223%+13
Week 8$185.47M$86.16M$37.19M4,587,632$130.50M70%$28.42M15%$26.55M14%

Volume: every market on each game (winner, spread, total, quarters and player props). Kalshi’s share is its own volume, as Kalshi shows it: contracts traded, each counted at its $1 payout (AllTop’s count of every Kalshi trade). Polymarket US’s and Polymarket’s are what buyers paid, price × contracts, as each reports its trades. A game’s total adds the three. Winner and Props: those markets alone. Sides, paid by day, the biggest trades and whales are what buyers paid. Whales: winner trades of $10,000 or more, and their share of the winner volume paid. Exchanges: Kalshi, Polymarket US (Polymarket’s US exchange) and Polymarket (its international exchange). Sides: Kalshi and Polymarket US buyers, by the team they bought (Polymarket doesn’t publish its buyer’s side). Price: the average of Kalshi’s and Polymarket US’s midpoints. Gap: the leading side’s share of the volume minus its chance. Source: AllTop via DeFi Rate, as of Nov 2, 1:04 PM ET. Kalshi’s contract counts as of Nov 2, 1:02 PM ET, read from AllTop every 15 minutes, so a game still trading can trail Kalshi’s own figure by a few minutes.

Press kit

Week 8 in numbers

Ready to quote. Each line carries its time; copy one and cite DeFi Rate.

  • $185.47M has been traded on NFL Week 8 games on Kalshi, Polymarket US and Polymarket since the markets opened, $86.16M of it on the winners, across 4,587,632 trades (as of Nov 2, 1:04 PM ET). Kalshi’s share counts each contract traded at $1, as Kalshi shows its volume (its contracts counted as of Nov 2, 1:02 PM ET); Polymarket US’s and Polymarket’s are what buyers paid.
  • Panthers at Packers has drawn the most volume of any Week 8 game: $106.63M (Kalshi’s contracts counted as of Nov 2, 1:02 PM ET).
  • In 5 Week 8 games, most prediction market volume is on the underdog, led by the Ravens (56% of the volume at a 33% price).
  • Kalshi accounts for 70% of the volume traded on Week 8 games; Polymarket US for 15% (Kalshi’s contracts counted as of Nov 2, 1:02 PM ET).
  • The biggest single Week 8 trade so far: $358K on the Steelers at 65 cents on Polymarket.
  • The team with most of the prediction market volume won 8 of 13 finished Week 8 games.
  • Kalshi combo buyers have put at least $67.99M into combos with a Week 8 leg; the most-traded combo leg is CIN to win (as of Nov 2, 1:04 PM ET).
  • $37.19M has been traded on Week 8 player props; Josh Jacobs draws the most, $2.10M across 32 markets (Kalshi’s contracts counted as of Nov 2, 1:02 PM ET).
Cite

Use these numbers

DeFi Rate, “NFL Week 8 Volume at Prediction Markets,” defirate.com/odds/nfl/week-8/, data as of Nov 2, 1:04 PM ET.
Volume
On Kalshi, contracts traded, each counted at $1, as Kalshi shows its volume. On Polymarket US and Polymarket, what buyers paid for contracts. A contract pays $1 if it comes true.
Volume’s side
The team Kalshi and Polymarket US buyers put more dollars on, before kickoff.
Price
The market’s chance: the midpoint of the best bid and ask, averaged across Kalshi and Polymarket US.
Updated
Every five minutes, from every trade.
Questions

NFL Week 8 volume, answered

Which NFL Week 8 game has the most volume traded on it?

Panthers at Packers, with $106.63M traded across all its markets ($43.87M on who wins) across Kalshi, Polymarket US and Polymarket.

How much has been traded on NFL Week 8?

$185.47M on the week's games since the markets opened ($86.16M on the winners), in 4,587,632 trades, $450.56M of it in the last 24 hours. Kalshi’s share counts each contract traded at $1, as Kalshi shows its volume (its contracts counted as of Nov 2, 1:02 PM ET); Polymarket US’s and Polymarket’s are what buyers paid.

How did the team with more volume do in Week 8?

The team with most of the volume before kickoff won 8 of 13 finished games.

Which Week 8 underdogs have most of the volume?

The Ravens: 56% of the volume at a 33% price. The Eagles: 51% of the volume at a 37% price. The Bears: 51% of the volume at a 39% price. The Broncos: 50% of the volume at a 44% price. The Falcons: 50% of the volume at a 48% price.

How much has been traded on NFL Week 8 player props?

$37.19M since the markets opened. Josh Jacobs draws the most prop volume, $2.10M across 32 markets.

What was the biggest Week 8 trade?

$358K on the Steelers at 65 cents on Polymarket.

Where do these numbers come from?

Every trade on Kalshi, Polymarket US and Polymarket, collected by AllTop and counted by DeFi Rate. Kalshi’s volume counts each contract traded at $1, as Kalshi shows it; Polymarket US’s and Polymarket’s volume is what buyers paid; the side is the team they bought.

Where prediction market volume is going on NFL Week 8: the dollars traded on every game, which team the buyers are taking, the biggest single trades and the most-traded player props, across Kalshi, Polymarket US and Polymarket.

Week 8 games

See every game, the Super Bowl and MVP races on the NFL odds page, and print the pick'em sheet.