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NHL James Norris Memorial Trophy on Kalshi

If Zach Werenski wins the NHL James Norris Memorial Trophy in the 2026-27 NHL season, then the market resolves to Yes.

Settles on: NHL, ESPN.

Market says (typical open contract)
1%
Median YES price across 30 open contracts, 10 Nov 2026 04:28 UTC.
Real-world odds
—
No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.
Luck needed meter
2% 😈
All but decided, says the market. The remaining cents are the price of the rare surprise, and the fee comes off them first.

The cover charge

Fee and break-even by purchase price
If you buy atFee per contractOn $50Win rate to break even
1¢ (now)0.1¢$3.471.1%
30¢1.5¢$2.4531.5%
50¢1.8¢$1.7551.7%
70¢1.5¢$1.0571.5%
90¢0.6¢$0.3590.6%

Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.

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Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
ContractYES priceImpliedFee at this priceReal-world oddsLuck neededVolumeCloses
James Norris Memorial Trophy: Evan Bouchard wins · Evan Bouchard27¢27%1.4¢—54%3,942Jul 07, 14:00 UTC
James Norris Memorial Trophy: Adam Fox wins · Adam Fox12¢12%0.8¢—25%2,444Jul 07, 14:00 UTC
James Norris Memorial Trophy: Quinn Hughes wins · Quinn Hughes36¢36%1.6¢—72%2,293Jul 07, 14:00 UTC
James Norris Memorial Trophy: Cale Makar wins · Cale Makar10¢10%0.6¢—19%2,260Jul 07, 14:00 UTC
James Norris Memorial Trophy: Matthew Schaefer wins · Matthew Schaefer8¢8%0.5¢—16%2,158Jul 07, 14:00 UTC
James Norris Memorial Trophy: Cam Fowler wins · Cam Fowler1¢1%0.1¢—2%2,051Jul 07, 14:00 UTC
James Norris Memorial Trophy: Mikhail Sergachev wins · Mikhail Sergachev32¢32%1.5¢—64%2,050Jul 07, 14:00 UTC
James Norris Memorial Trophy: Luke Hughes wins · Luke Hughes24¢24%1.3¢—48%2,050Jul 07, 14:00 UTC
James Norris Memorial Trophy: Lane Hutson wins · Lane Hutson4¢4%0.3¢—9%1,218Jul 07, 14:00 UTC
James Norris Memorial Trophy: Rasmus Dahlin wins · Rasmus Dahlin6¢6%0.4¢—13%1,138Jul 07, 14:00 UTC
James Norris Memorial Trophy: Brock Faber wins · Brock Faber0¢0%0.0¢—1%841Jul 07, 14:00 UTC
James Norris Memorial Trophy: Charlie McAvoy wins · Charlie McAvoy2¢2%0.1¢—4%423Jul 07, 14:00 UTC
James Norris Memorial Trophy: Jake Sanderson wins · Jake Sanderson2¢2%0.1¢—3%339Jul 07, 14:00 UTC
James Norris Memorial Trophy: Erik Karlsson wins · Erik Karlsson0¢0%0.0¢—1%337Jul 07, 14:00 UTC
James Norris Memorial Trophy: Jackson LaCombe wins · Jackson LaCombe2¢2%0.1¢—3%248Jul 07, 14:00 UTC
James Norris Memorial Trophy: Shea Theodore wins · Shea Theodore0¢0%0.0¢—1%187Jul 07, 14:00 UTC
James Norris Memorial Trophy: Philip Broberg wins · Philip Broberg0¢0%0.0¢—1%170Jul 07, 14:00 UTC
James Norris Memorial Trophy: Zach Werenski wins · Zach Werenski8¢8%0.5¢—15%33Jul 07, 14:00 UTC
James Norris Memorial Trophy: Miro Heiskanen wins · Miro Heiskanen2¢2%0.2¢—5%18Jul 07, 14:00 UTC
James Norris Memorial Trophy: Victor Hedman wins · Victor Hedman0¢0%0.0¢—1%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Thomas Harley wins · Thomas Harley0¢0%0.0¢—1%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Rasmus Sandin wins · Rasmus Sandin0¢0%0.0¢—1%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Roman Josi wins · Roman Josi1¢1%0.1¢—2%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Neal Pionk wins · Neal Pionk0¢0%0.0¢—1%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Noah Dobson wins · Noah Dobson0¢0%0.0¢—1%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Morgan Rielly wins · Morgan Rielly0¢0%0.0¢—1%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Mike Matheson wins · Mike Matheson0¢0%0.0¢—1%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Jaccob Slavin wins · Jaccob Slavin0¢0%0.0¢—1%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Josh Morrissey wins · Josh Morrissey1¢1%0.1¢—2%0Jul 07, 14:00 UTC
James Norris Memorial Trophy: Dougie Hamilton wins · Dougie Hamilton0¢0%0.0¢—1%0Jul 07, 14:00 UTC

Who actually wins this market

  • Whoever posts the resting orders and collects the spread without paying a fee.
  • The venue, on every fee.
  • Not, on average, the person clicking buy because the chart is going their way. That was us.

Still want to play? Read the deal first: what the account asks for, what the bonus really is, and whether we are paid. Vendors sell bots for markets like this one; see the bot benchmark before you pay for one.