| Spread | Total | ML | Best ML | |
|---|---|---|---|---|
WEB | — | — | 0% | — |
STET | — | — | 100% | 100% Kalshi |
| Spread | Total | Moneyline | Best ML | |
|---|---|---|---|---|
WEB | — | — | 0% | — |
STET | — | — | 100% | 100% Kalshi |
Stetson is the Kalshi favorite at 66c as of September 2, 2026, with Webber International at 40c, a 106c two-leg sum that normalizes to roughly 62% for the home team. That is a soft number for a Division I host against an NAIA visitor, and the reason is on the record: Webber International won 31-21 at Spec Martin Memorial Stadium in this same season-opening slot on August 30, 2025. Stetson went 3-9 last year and opened 2026 with a 70-7 loss at South Dakota State. Kickoff is 11:00 AM ET on Saturday, September 5, 2026 in DeLand, Florida. The board is Kalshi-only, with about $2.0K of lifetime volume and no Polymarket contract.
Stetson opens its home schedule against the team that beat it on this field a year ago. Webber International, an NAIA program from Babson Park, Florida, won 31-21 at Spec Martin Memorial Stadium on August 30, 2025, and the Kalshi board for the rematch is priced with that result in mind. The Hatters are favored, but nowhere near the level a Division I host normally commands against a non-Division I visitor. Kickoff is 11:00 AM ET on Saturday, September 5, 2026 in DeLand, Florida, with ESPN listing the game as a national YouTube stream. The board carries about $2.0K in lifetime volume across two Kalshi contracts and no Polymarket market at all.
Stetson finished 3-9 in 2025, scoring 226 points and allowing 469 across twelve games, an average of 18.8 to 39.1. The three wins were a 59-13 result over Warner, a 35-32 win over Davidson, and a 21-14 win over Morehead State. The losses ran deep: 0-63 at Chattanooga, 7-59 against Harvard, 10-52 against St. Thomas, 8-42 against San Diego, and a 32-31 overtime loss at Valparaiso that was the only genuinely close defeat. That is the profile of a Pioneer Football League team that can beat the bottom of its own conference and gets buried by anything above it.
The 2026 season started the same way. Stetson opened on August 29, 2026 at South Dakota State and lost 70-7. That number looks catastrophic in isolation and is worth almost nothing as a prior for this game: South Dakota State is one of the strongest programs in the FCS and Stetson is a non-scholarship Pioneer League team. A market that priced the Hatters off that scoreline alone would have them far lower than 66c. The board is not doing that, which is the correct read.
The visitor is the harder side to price. Webber International plays in the NAIA's Sun Conference, and ESPN carries no full schedule or record for the program, only the games it plays against NCAA opponents. That means the single hardest piece of evidence on Webber is the 31-21 win in DeLand on August 30, 2025, the exact same season-opening matchup at the exact same venue. There is no verified 2026 Webber record available from a Division I source, so anyone trading this contract is working from a thin file. That uncertainty, not a scouting read, is most of what separates this board from a routine body-bag price.
Stetson's schedule offers context for what this game is worth to the Hatters. After Saturday they travel to Bethune-Cookman on September 12 and to UC Davis on September 19 before Pioneer League play opens against Marist on October 3. This is the one game on the September slate Stetson is favored in, and the program lost the identical spot last season.
As of September 2, 2026, Kalshi has Stetson at 66c and Webber International at 40c. Those two legs sum to 106c, so the board carries 6c of overround. Normalizing that away puts Stetson at roughly 62% and Webber at roughly 38%. A 62% home favorite is a modest number for a Division I team hosting an NAIA opponent, and it is a direct pricing of last year's 31-21 result rather than a statement that this is a competitive matchup on paper.
The board is Kalshi-only. Polymarket has no contract on this game, so there is no cross-platform comparison to make and no second book to check the 66c against. Every price on this page is one exchange's book, and the book is thin: $1.1K of lifetime volume on the Stetson contract and $948 on the Webber contract, roughly $2.0K on the board in total. A few hundred dollars of flow moves this line, and the snapshot series shows exactly that.
Over the roughly 24 hours of captures ending late on September 2, the Stetson leg moved from 57c to 66c, touching a low of 53c and a high of 68c inside that window. The Webber leg went the other way, from 47c down to 40c after peaking at 48c. The sharpest single move came in the last few hours of the window, with Stetson going from 61c to 67c before settling at 66c. That is a real drift toward the home team, but it is a drift on a book this small, so treat it as a handful of orders rather than as information arriving. Our capture window starts on September 2, so it says nothing about where this line opened when the contract was listed.
The market resolves on the winner of the game at Spec Martin Memorial Stadium in DeLand, Florida on Saturday, September 5, 2026, scheduled for 11:00 AM ET. The Stetson contract pays $1 per share if Stetson wins and $0 if it does not; the Webber International contract is the mirror. There is no draw outcome in college football, and overtime results count as a win for the team that leads when the game ends, so the two contracts settle against each other with no third state. Kalshi settles off the official final score once the game goes final. If the game is postponed to another date, canceled, or abandoned before it is official, settlement follows Kalshi's published rules for the KXNCAAFGAME series rather than the scheduled date.
Stetson's Pioneer Football League schedule gives this board plenty of neighbors on the same Saturday. Davidson, the team Stetson beat 35-32 in 2025 and visits on November 7, hosts Elon on the Elon vs Davidson board. Presbyterian, which beat Stetson 42-7 last October and visits DeLand on October 17, plays at Mercer on the Presbyterian vs Mercer board. St. Thomas, a 52-10 winner over Stetson in 2025 and the Hatters' October 10 road trip, draws a much tougher assignment on the St. Thomas vs North Dakota board. Fellow Pioneer League member Drake is a heavy underdog at Montana on the Drake vs Montana board. The full slate of Saturday prices sits on the NCAA football hub.
Resolves to the team that wins the game at Spec Martin Memorial Stadium in DeLand, Florida on Saturday, September 5, 2026, scheduled for 11:00 AM ET. The Stetson contract pays $1 per share if Stetson wins and $0 otherwise, and the Webber International contract is the mirror, so the two legs settle against each other with no draw state. Overtime results settle as a win for the team leading when the game ends. Kalshi settles off the official final score once the game is final. If the game is postponed to a different date, canceled, or abandoned before it becomes official, settlement follows Kalshi's published rules for the KXNCAAFGAME series rather than the originally scheduled date. The market trades on Kalshi only; there is no Polymarket contract on this game.
As of September 2, 2026, Kalshi prices Stetson at 66c and Webber International at 40c. The two legs sum to 106c, so after removing the 6c overround Stetson is about 62% and Webber International about 38%.
Kalshi only, under the KXNCAAFGAME series with a September 5, 2026 event date. Polymarket has no contract on this game, so there is no cross-platform price to compare and no second book confirming the 66c.
Stetson is favored at roughly 62% implied probability after normalizing the 106c board. The number is unusually low for a Division I host against an NAIA opponent because Webber International won the same matchup 31-21 in DeLand on August 30, 2025.
It settles on the final score of the game at Spec Martin Memorial Stadium on Saturday, September 5, 2026, scheduled for 11:00 AM ET. The winning team's contract pays $1 per share and the other resolves to $0.
Watch the liquidity. The board holds about $2.0K in lifetime volume, and the Stetson leg already moved from 57c to 66c inside a single 24-hour capture window ending September 2, so any late order flow can swing the price several cents without new information.