| Spread | Total | ML | Best ML | |
|---|---|---|---|---|
PRE | +7.5 — | O 61.5 — | 0% | — |
MER | -7.5 — | U 61.5 — | 100% | 100% Kalshi |
| Spread | Total | Moneyline | Best ML | |
|---|---|---|---|---|
PRE | +7.5 — | O 61.5 — | 0% | — |
MER | -7.5 — | U 61.5 — | 100% | 100% Kalshi |
Mercer is the heavy side on a Kalshi-only board, priced at 92c to win as of September 2 against Presbyterian at 10c, but the spread is the live question: Mercer -19.5 trades at 65c and carries about $15.0K of the board's $15.9K in lifetime volume. Both teams enter 1-0, and Presbyterian beat Mercer 15-10 on this same field in last season's opener. Kickoff is 6:00 PM ET on September 5, 2026 at Five Star Stadium in Macon, Georgia, streaming on ESPN+.
Presbyterian at Mercer is the rare early-September FCS board where the moneyline and the spread tell different stories. Kalshi has Mercer at 92c to win the game as of September 2 and only 65c to cover the 19.5-point number, and roughly $15.0K of the board's $15.9K in lifetime volume sits on that one spread leg. Both teams are 1-0. Presbyterian won this exact fixture 15-10 in Macon last August. Kickoff is 6:00 PM ET Saturday at Five Star Stadium on ESPN+.
Mercer opened 2026 with a 23-15 home win over East Texas A&M on August 29. Quarterback Jaylen King went 15 of 28 for 177 yards and a touchdown, running back Zahmari Palode-Gary carried 8 times for 87 yards, and receiver Brayden Smith caught 9 passes for 131 yards. That is a 38-point game and a controlled passing day from a Southern Conference program that finished 9-3 in 2025, hung 63 on Chattanooga and 62 on VMI, and reached the FCS playoffs before losing 47-0 at home to South Dakota on December 6, 2025.
Presbyterian is not a standard September body-bag opponent, and the price reflects that only partially. The Blue Hose went 10-2 in 2025 in the Pioneer Football League, and one of those wins was 15-10 at Mercer in last season's opener. They also won 39-38 in overtime at Furman, the same Furman team Mercer hosts on September 12. Presbyterian opened 2026 with a 47-37 home win over UVA Wise on August 27. Quarterback Landon Sharpe threw for 367 yards and 3 touchdowns on 30 of 43 attempts and added 88 rushing yards and a score on 17 carries. Receiver Anton Smith caught 6 passes for 105 yards.
The structural gap behind the 92c price is the funding model, not the record. The Pioneer Football League is non-scholarship, so Presbyterian recruits against a different budget than a Southern Conference roster that played at Auburn last November. That gap is why the market is comfortable at 9c to 11c on the Blue Hose moneyline even after last year's result on this field.
Snapshot history on this board begins the evening of September 1, so scope every movement read to that window. Mercer -19.5 printed 50c with no volume attached, then repriced sharply once roughly $14.9K of size arrived overnight, trading a 59c to 67c band and last reading 65c. Across the same window the Mercer moneyline never left 91c to 92c and the Presbyterian side never left 9c to 11c. The full-game total, Over 57.5 points, held between 50c and 53c and last read 51c.
Read together, the board is settled on who wins and was unsettled on by how much until real money showed up. A 15c repricing on the cover with a flat moneyline is the signature of a market that always believed Mercer wins and only recently believed Mercer wins comfortably. The total is the leg that has learned the least: last year's meeting between these two produced 25 combined points, Mercer's 2026 opener produced 38, and Presbyterian's produced 84. Over 57.5 sitting at a coin flip is an honest price on three data points that disagree.
This is a Kalshi-only board. Every price above is a single-venue quote, not a cross-platform consensus, because Polymarket carries no leg on this game. The alternate spread and total rungs on the ladder are listed but untraded, so the tradeable market is effectively three legs: the two-sided moneyline, Mercer -19.5, and Over 57.5.
The moneyline resolves to the team that wins the game on September 5, 2026 at Five Star Stadium in Macon, Georgia. Kalshi settles each side to $1 per share for the winner and $0 for the loser once the game goes final. The spread market settles on the final margin, so Mercer -19.5 pays only if Mercer wins by 20 or more, and the total settles on combined points scored by both teams including overtime.
Mercer's next opponent trades on the same Saturday slate: Furman at Tennessee sends the Paladins to Knoxville a week before they visit Macon, and VMI at Virginia Tech prices another Southern Conference team Mercer meets on October 3. On the Pioneer Football League side, Presbyterian hosts both of the teams on the Elon at Davidson and Butler at Montana State boards later this fall. The full slate of cross-platform college football boards lives on the NCAA football hub.
The moneyline resolves to the team that wins the game at Five Star Stadium in Macon, Georgia on September 5, 2026, with a scheduled 6:00 PM ET kickoff. Kalshi settles the winning team's contract at $1 per share and the losing team's at $0 once the game is final, including any overtime. The spread market settles on the final margin of victory, so Mercer -19.5 pays only if Mercer wins by 20 points or more, and the full-game total settles on combined points scored by both teams. If the game is postponed to a later date the contracts follow the platform's rescheduling rules, and a canceled or abandoned game voids per Kalshi's contract terms rather than settling on a partial score.
As of September 2, 2026, Kalshi prices Mercer at 92c to win and Presbyterian at 10c. The full-game spread has Mercer -19.5 at 65c and the total has Over 57.5 points at 51c.
This game trades on Kalshi only. Polymarket carries no leg on it, so the board is a single-venue market rather than a cross-platform consensus, and total lifetime volume is roughly $15.9K.
Mercer is favored at 92c, an implied 92% win probability, and is laying 19.5 points on the spread. Presbyterian at 10c is the clear underdog despite winning this same matchup 15-10 in Macon in the 2025 opener.
The market resolves after the game finishes on September 5, 2026 at Five Star Stadium in Macon, Georgia. Kickoff is 6:00 PM ET and the game streams on ESPN+.
Watch the Mercer -19.5 spread, which moved from 50c to a 59c-67c band overnight on about $14.9K of size while the moneyline held at 91c to 92c. Late money is expressing margin, not outcome, and the Over 57.5 total at 51c is the least settled leg on the board.