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| Market | Platform | Price |
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![]() | Poly | 46% |
Trader mode: Actionable analysis for identifying opportunities and edge
This event is for the CBB game between Virginia Cavaliers and VMI Keydets on November 12 at 6:00 PM ET. If the game is postponed, this market will remain open until the game has been completed. If the game is canceled entirely, with no make-up game, this market will resolve 50-50.
Prediction markets are pricing in a highly uncertain outcome for this college basketball matchup. The leading contract, "Virginia Cavaliers vs. VMI Keydets," is trading at just 47% on Polymarket. This price indicates the market sees the event as essentially a coin flip, with a slight, statistically insignificant edge against the named outcome. In practical terms, a 47% probability suggests traders see no clear favorite for this specific market proposition, which is unusual for a game featuring a major conference team like Virginia against a smaller program like VMI.
The primary factor is the specific, undefined nature of the market contract. The contract title is simply the game matchup, not a point spread or moneyline. This ambiguity means traders are not directly betting on which team wins. The price likely reflects complex hedging, speculative positions on alternative contracts (like exact margins), or uncertainty about how the market itself will ultimately resolve given its vague phrasing. Historically, Virginia is a powerhouse program that would be a massive favorite on a standard moneyline, so the 47% price is not a reflection of the on-court odds.
Furthermore, the game's scheduled date has passed (November 12), and the market is noted as "imminent or past due" for resolution. This timing creates illiquidity and pricing distortion. Traders with existing positions may be unable to act, or the market may be awaiting final official data for resolution, leading to a stale price that doesn't reflect new information.
As the market is pending resolution, the odds are effectively locked. The only catalyst is the official market settlement by Polymarket's arbitrators. They will interpret the market question based on the game's official result and the platform's rules. If the resolution is straightforward (e.g., the contract resolves to "Yes" if Virginia won), the current 47% price would represent a massive mispricing relative to the almost certain actual outcome, barring a historic upset. The key risk is a non-standard resolution based on the vague contract terms, such as a 50-50 cancelation if data is unavailable, which could validate the current near-even odds.
AI-generated analysis based on market data. Not financial advice.
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The November 12, 2024, college basketball game between the Virginia Cavaliers and the VMI Keydets is a non-conference matchup featuring two programs from the Commonwealth of Virginia with a long, albeit lopsided, shared history. The game is scheduled for 6:00 PM Eastern Time and represents a classic early-season contest between a major-conference power and a smaller military college program. For the Virginia Cavaliers, a perennial contender in the Atlantic Coast Conference (ACC) and the 2019 NCAA national champion, this game serves as a tune-up against an in-state opponent before the rigors of conference play. For the VMI Keydets of the Southern Conference, it is a high-profile opportunity to face a nationally recognized program and potentially score a program-defining upset. The game's outcome is the subject of a prediction market, where participants can wager on which team will win. The market includes specific rules for contingencies: if the game is postponed, the market remains open until completion, and if canceled entirely without a makeup, it resolves as a 50-50 split. Interest in this specific matchup stems from the historical connection between the schools, the stark contrast in their modern basketball profiles, and the inherent unpredictability of early-season games where roster chemistry is still developing.
The basketball rivalry between the University of Virginia and the Virginia Military Institute dates back over a century, with the first recorded meeting occurring in the 1914-15 season. For decades, these were frequent opponents, with the series being one of the most played in Virginia basketball history. However, the competitive landscape shifted dramatically as UVA joined the ACC in 1953 and grew into a national power, while VMI remained a smaller military college program. The series has been overwhelmingly dominated by Virginia, who holds a significant lead in the all-time series record. The teams have met sporadically in recent decades, often in early-season guarantee games where the larger ACC school hosts the smaller SoCon opponent. The most recent meetings have continued this pattern, with Virginia winning decisively. For example, in their last matchup on November 6, 2021, Virginia defeated VMI 89-43 at John Paul Jones Arena. This historical context frames the November 12, 2024, game as a continuation of a long-standing but currently non-competitive in-state series, where the primary historical narrative is one of divergent program trajectories since the mid-20th century.
Beyond the final score, this game matters for the trajectory of both programs at the start of the 2024-25 season. For Virginia, a convincing win is expected and necessary to build confidence and refine rotations before ACC play. A loss or an unexpectedly close game, however, would raise immediate questions about the team's cohesion and defensive standards, potentially affecting their national ranking and perception early in the season. For VMI, the game is a major financial opportunity as a 'guarantee game,' where the smaller program is paid to visit the larger school's arena. More importantly, it is a chance for players to compete on a big stage, which can aid in recruiting and program visibility. A competitive performance, even in a loss, can be a moral victory and a building block for Southern Conference play. For fans and prediction market participants, the game is a data point in assessing Virginia's potential as a contender and VMI's capacity to challenge superior opponents, influencing future betting lines and market sentiment for both teams.
As of early November 2024, both teams are preparing for their season openers. The Virginia Cavaliers are integrating several new players, including transfers Andrew Rohde and Jacob Groves, into Tony Bennett's system following the departure of key contributors from the previous season. Preseason practices have focused on defensive principles and offensive execution. The VMI Keydets are also in final preparations under Dan Earl, looking to improve upon a difficult previous season. The game is confirmed and scheduled for November 12 at 6:00 PM ET at John Paul Jones Arena in Charlottesville, Virginia. No major injuries or postponements have been reported, indicating the game is expected to proceed as planned, making the prediction market active and focused on the direct game outcome.
The broadcast details for the November 12, 2024, game will be announced closer to the date. Historically, such non-conference games are often televised on ACC Network (ACCN) or its digital platform, ACC Network Extra (ACCNX), or potentially on a regional sports network. Checking the official athletics websites for Virginia and VMI is recommended for confirmation.
The Virginia Cavaliers will be a heavy favorite to defeat the VMI Keydets. This is based on Virginia's status as a power-conference program with a top-ranked defense, its historical dominance in the series, and the significant talent disparity between the ACC and the Southern Conference. Sportsbooks will likely install Virginia as a favorite by 25 points or more.
VMI's last victory over Virginia occurred on December 4, 1988, when the Keydets won 110-98. This victory is now over 35 years ago, highlighting the extreme length of Virginia's current winning streak in the series and the monumental challenge facing VMI.
The game is scheduled to be played at John Paul Jones Arena in Charlottesville, Virginia. This is the home court of the Virginia Cavaliers, giving them a significant home-court advantage. VMI will be the visiting team.
According to the market rules, if the game is postponed to a later date, the prediction market will remain open and active until the game has been completed. The market will then resolve based on the outcome of the rescheduled game.
Educational content is AI-generated and sourced from Wikipedia. It should not be considered financial advice.
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