New York and San Antonio will face off in the pro basketball finals, and traders believe there’s a good chance that President Trump will be in attendance.
The market gives President Trump an 81.8% chance of attending at least one of the games.
Game 3 at MSG?
A new report seems to be driving up prices.
The New York Post claims the President is making plans to attend Game 3 of the Finals on June 8 at Madison Square Garden. The story cites sources who said “MSG performed security walkthroughs in preparation for his potential visit.”
President Trump has also previously said that he is planning on going to at least one of the games in his home state. Trump said in a cabinet meeting on May 27 that he was invited to go to Game 5 of the Eastern Conference Finals, “but they closed it out very quickly.”
“I think I’ll be going to one of the games, yeah,” President Trump said. “I was invited by numerous people, and [MSG CEO Jim Dolan], and I think it’s great. Great to see it.”
There is also a chance the crowd in the predominantly Democratic city may not respond positively to his appearance. The Economist’s presidential approval rating tracker lists a net approval rating of -32 points among New Yorkers.
The cost of a ticket
If you’re also planning on going to Game 3 of the pro basketball finals at MSG, be prepared to pay a hefty price, even if you’re sitting in the nosebleeds.
Kalshi’s market for the “get-in ticket price” for Game 3 predicts a single, basic ticket will cost $4.12K.
CNN also reported that the cheapest ticket for a single game at MSG is selling for nearly $4,000 per person, which is “roughly five times the ‘get-in’ price to sit in the cheapest seats” for San Antonio’s home court.
Who will win the Finals?
New York hasn’t made it to the pro basketball finals since 1999. Even though some New Yorkers are hopeful they’ll be able to take home the trophy, it’s looking better for San Antonio on Kalshi’s Finals market.
Traders currently price the chance of a win for San Antonio at 65%, and the chance of a win for New York at 37%.
The takeaway:
Kalshi markets now predict:
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