The Jets and Browns have spent years as the default punchline whenever the conversation turns to NFL futility. Both franchises have burned through coaches and quarterbacks, and neither has done much to shake the reputation. So when a market opened on Kalshi asking which team would finish with the worst record in the 2026 regular season, those two names felt like easy frontrunners.

The market disagreed. With $8,327 in total volume, Miami and Arizona have climbed to the top of the standings, and the gap between them and the teams everyone expected to lead this market tells you something about where trader confidence actually sits heading into the season.

NFL Worst Regular Season Record | Kalshi Market

Kalshi

Miami Dolphins | 22% Chance

Miami is the market leader at 22%, contracts trading at 23 cents yes and 78 cents no.…