The Iowa State Cyclones tangle with the Tennessee Volunteers tonight... with a berth in the Elite Eight at stake.
Prediction markets like Kalshi ensure people in 49 states can put money down on their Tennessee vs. Iowa State predictions, and we've broken down the odds below to help you with your March Madness picks!
Tennessee vs Iowa State predictions
| Result (Price) | |
|---|---|
| Iowa State (¢62) | Trade at Kalshi |
| Iowa State -3.5 (¢52) | Trade at Kalshi |
| Under 141.5 (¢56) | Trade at Kalshi |
| Iowa State first to 10 points (¢51) | Trade at Kalshi |

Who will win Tennessee vs Iowa State at prediction markets?
The Iowa State Cyclones sit at 62 cents to win — 62% implied probability or -163 — while you can get the Tennessee Volunteers at 38 cents (38%, +163).
Our prediction: Iowa State
Chris Hatfield is backing the Cyclones to survive a Sweet 16 nail-biter, pointing to a schematic nightmare for the Vols. He argues that Iowa State’s defensive identity is perfectly engineered to neutralize Tennessee’s primary half-court weapons. Specifically, Hatfield notes that while post-up plays account for a fifth of the Vols' offensive looks, they’ll be running into an ISU wall that ranks in the 99th percentile globally at shutting down those exact touches.
Check out Chris's complete analysis in his Tennessee vs. Iowa State predictions.
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Tennessee vs Iowa State props at prediction markets
Beyond the winner of the game, there are several other March Madness odds markets available for Tennessee vs. Iowa State at Kalshi, including the spread, total, and the first team to score 10 points.
You can buy either side of a market — for example, "Yes" on the Iowa State -3.5 spread means the Cyclones will cover, while "No" on Iowa State means the Volunteers will cover — with each side priced based on the implied probability (which can be converted to American, Decimal, or Fraction odds using the Covers odds converter.)
Tennessee vs Iowa State spread and total at prediction markets
| Outcome | Yes | No |
|---|---|---|
| Iowa State -3.5 | 52¢ (-108) | 49¢ (+104) |
| Over 141.5 | 46¢ (+117) | 56¢ (-127) |
Our predictions: Iowa State -3.5 and Under 141.5
What's cool about Kalshi is you can also bet on alt markets for both the spread and total. Alt spreads range from Volunteers -12.5 to Iowa State -18.5. As for the total, you can go from 123.5 to 155.5.
What is Kalshi and how does it work?
Kalshi is a federally regulated U.S. exchange where you trade directly on the outcome of real-world future events. Instead of traditional bets, you trade "Event Contracts" which are simple Yes/No questions like "Will the Houston Cougars reach the NCAA semifinals?" These events are priced between $0.01 and $0.99, and the prices reflect the market’s estimated probability of that event occurring. For instance, $0.55 equals a 55% chance. If your prediction is correct, the contract pays out exactly $1.00; if not, it settles at $0. Kalshi is essentially a stock market for reality.
How does Kalshi differ from sportsbooks?
In a sportsbook, you bet against the bookmaker, who sets fixed odds and takes a "vig," which is a kind of commission. On Kalshi, you trade against other users. This peer-to-peer model means prices are driven by supply and demand, often resulting in fairer odds. Additionally, because these are financial derivatives, you can exit your position early. If your team takes a 14-point lead, the contract price will rise, allowing you to sell your "Yes" shares for a profit before the final whistle even blows.
Why should I wager on Tennessee vs Iowa State at Kalshi?
Kalshi offers four unique advantages over traditional sportsbooks:
- Flexibility: Unlike a "locked-in" bet, you can sell your contract at any time.
- Transparency: You trade against other users, which can allow you to find better value.
- Federal regulation: As a CFTC-regulated exchange, your funds are held in a secure, transparent environment.
- Availability: Kalshi is available in many regions where traditional sportsbooks aren't yet legal.






