# Adelaide Crows vs Hawthorn Hawks

ADE vs HAW (May 21)

Updated: May 17, 2026

Category: Sports

Tags: Aussie Rules

HTML: /markets/sports/aussie-rules/adelaide-crows-vs-hawthorn-hawks/

## Short Answer

**Key takeaway.** The **model** assigns meaningfully higher odds than the **market** for the most likely outcome, Hawthorn Hawks (**77.5%** **model** vs **66.0%** **market**), driven by their strong favorite status and historical dominance at the venue.

## Key Claims (January 2026)

**- - Hawthorn maintains a dominant historical win rate at UTAS Stadium.** - Hawthorn recently secured two head-to-head victories against Adelaide.
- Adelaide is coming off a significant Round 10 victory.
- Adelaide has a poor historical win record at UTAS Stadium.
- Statistical models indicate Hawthorn is likely to win the match.
- Team form, injury reports, and venue performance are key catalysts.

### Why This Matters (GEO)

- AI agents extract claims, not arguments.
- Improves citation probability in summaries and answer cards.
- Enables fact stitching across multiple sources.

## Executive Verdict

**Key takeaway.** **Market** prices Adelaide at 31c (3.2x payout), 8.5pp above the **22.5%** **model**, despite strong Hawthorn advantage.

### Who Wins and Why

| Outcome | Market | Model | Why |
| --- | --- | --- | --- |
| Hawthorn Hawks | 66.0% | 77.5% | Hawthorn was a strong betting favorite with a dominant historical win rate at UTAS Stadium. |
| Adelaide Crows | 31.0% | 22.5% | Adelaide was coming off a significant 68-point victory, potentially boosting team momentum. |

## Model vs Market

| Outcome | Market Probability | Octagon Model Probability |
| --- | --- | --- |
| Hawthorn Hawks | 66.0% | 77.5% |
| Adelaide Crows | 31.0% | 22.5% |

- Expiration: June 4, 2026

## Market Behavior & Price Dynamics

This prediction market has exhibited significant upward momentum and extreme volatility since opening. The price began at a very low 3.0% probability but has since trended upward to a current price of 31.0%. The most notable price movement occurred on May 15, when the price spiked 20 percentage points. This was followed by a surge to 84.0% and then a sharp drop to the current level. The provided context does not offer a clear catalyst for these initial, drastic price swings, as the match itself was scheduled for May 21. This early volatility suggests a period of price discovery in a new market.

The total trading volume of 123 contracts is relatively low, indicating limited market participation. The sample data points show zero volume during the period of the most extreme price swings, which suggests that these initial changes may have been caused by a very small number of trades in an illiquid market, rather than a broad consensus. Due to this volatility, clear support and resistance levels have not yet been established, though the price appears to have found some temporary stability around the 31.0% mark after its initial chaotic movement. The wide price range, from a low of 2.0% to a high of 84.0%, underscores the market's early uncertainty. Overall market sentiment started with a very low expectation of an Adelaide win, consistent with Hawthorn being favored, but has since shifted to grant Adelaide a more significant, albeit still underdog, chance of victory.

## Significant Price Movements

#### 📉 May 16, 2026: 19.0pp drop

Price decreased from 92.0% to 73.0%

**Outcome:** Hawthorn Hawks

**What happened:** On May 16, 2026, the Adelaide Crows and Hawthorn Hawks did not play each other [[^]](http://www.abc.net.au/news/2026-05-16/afl-round-10-crows-roos-demons-hawks-blues-bulldogs-live-blog/106687692). Instead, the Hawthorn Hawks suffered a "stunning humbling" defeat to Melbourne (Narrm) [[^]](http://www.abc.net.au/news/2026-05-16/afl-round-10-crows-roos-demons-hawks-blues-bulldogs-live-blog/106687692), while the Adelaide Crows achieved a dominant victory over North Melbourne, making a statement with a high-scoring second quarter [[^]](https://www.ibtimes.com.au/adelaide-crows-triumph-over-north-melbourne-afl-round-10-1868933). This stark contrast in team performance on the day of the price movement, particularly Hawthorn's significant loss, appears to be the primary driver for the 19.0 percentage point drop in the prediction market's outlook for "Hawthorn Hawks." Social media activity was not identified as a primary driver or contributing accelerant based on the available information.

#### 📈 May 15, 2026: 89.0pp spike

Price increased from 3.0% to 92.0%

**Outcome:** Hawthorn Hawks

**What happened:** The provided web research indicates that the "Adelaide Crows vs Hawthorn Hawks" match did not take place on May 15, 2026; instead, Adelaide played North Melbourne that day, and Hawthorn played Melbourne on May 16, 2026 [[^]](http://www.abc.net.au/news/2026-05-16/afl-round-10-crows-roos-demons-hawks-blues-bulldogs-live-blog/106687692)[[^]](https://www.afl.com.au/news/1519813/kuwarna-crows-make-a-statement-with-stunning-north-melbourne-kangaroos-thrashing)[[^]](https://www.theage.com.au/sport/afl/afl-live-melbourne-hawthorn-put-form-to-the-test-at-the-mcg-20260515-p5zxnu.html). There is no information in the available sources about any social media activity, traditional news, or market structure factors on May 15, 2026, that would credibly cause an 89.0 percentage point spike for the "Hawthorn Hawks" outcome in a non-existent match. In fact, Hawthorn suffered a 39-point loss on May 16, 2026, which would typically depress prediction market prices [[^]](http://www.abc.net.au/news/2026-05-16/afl-round-10-crows-roos-demons-hawks-blues-bulldogs-live-blog/106687692)[[^]](https://www.theage.com.au/sport/afl/afl-live-melbourne-hawthorn-put-form-to-the-test-at-the-mcg-20260515-p5zxnu.html)[[^]](https://www.afl.com.au/news/1519840/melbourne-demons-declare-their-intentions-with-stunning-humbling-of-hawthorn-hawks)[[^]](https://www.footyalmanac.com.au/round-10-narrm-v-hawthorn-dominant-dees-destroy-hapless-hawks/)[[^]](https://www.europesays.com/australia/12505/). Consequently, social media was irrelevant, and no primary driver for the reported spike is evident from the provided information.

## Contract Snapshot

The market resolves to "Yes" if the Hawthorn Hawks win their professional AFL game against the Adelaide Crows, originally scheduled for May 21, 2026. It resolves to "No" if the Hawthorn Hawks do not win, unless the game ends in a tie, in which case the market resolves 50/50.

The market opened on May 15, 2026, and closes either after the outcome occurs or by June 4, 2026. If the game is cancelled or rescheduled more than two weeks away, the market will resolve to a fair price in accordance with its rules; outcomes are verified from ESPN and Fox Sports. Insider trading is prohibited for specified individuals, including league/team personnel and those with material, non-public information.

## Market Discussion

Prediction markets and analytical models favor Hawthorn to defeat Adelaide in their upcoming Round 11 match on May 21, 2026, with Hawthorn listed as 18.5-point favorites and odds of $1.35 [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026). Social media commentary, however, focuses on team selection and player form, noting the solid recent performance of Adelaide's Toby Murray [[^]](https://www.bigfooty.com/forum/threads/afl-2026-round-11-hawks-v-crows-thurs-may-21st-7-30pm-aest-utas.1409435/).

## Market Data

| Contract | Yes Bid | Yes Ask | Last Price | Volume | Open Interest |
| --- | --- | --- | --- | --- | --- |
| Adelaide Crows | 26% | 30% | 31% | $123.21 | $62.27 |
| Hawthorn Hawks | 67% | 73% | 66% | $252.8 | $144.12 |

## How have the Adelaide Crows and Hawthorn Hawks performed against each other in their most recent head-to-head matchups?

Most Recent Match Score | Hawthorn 101 - Adelaide 55 (September 12, 2025) [[^]](https://www.espn.com.au/afl/game/_/gameId/1133478) |
Next Match Date | May 21, 2026 [[^]](https://www.legz.com.au/afl/matches/2026/round-11/647/hawthorn-hawks-v-adelaide-crows)[[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026)[[^]](https://www.blogarama.com/sports-blogs/1451756-live-sport-blog/76076291-hawthorn-hawks-adelaide-crows-thu-may-2026) |
Next Match Venue | UTAS Stadium, Launceston [[^]](https://www.legz.com.au/afl/matches/2026/round-11/647/hawthorn-hawks-v-adelaide-crows)[[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026)[[^]](https://www.blogarama.com/sports-blogs/1451756-live-sport-blog/76076291-hawthorn-hawks-adelaide-crows-thu-may-2026) |

**Hawthorn recently defeated Adelaide twice prior to May 2026**

Hawthorn recently defeated Adelaide twice prior to May 2026. In their most recent head-to-head matchups, the Hawthorn Hawks secured two victories against the Adelaide Crows. The Hawks first defeated the Crows on June 13, 2025, with a score of 47-44 [[^]](https://www.espn.com/afl/game/_/gameId/1133370). They subsequently won again on September 12, 2025, achieving a more significant victory with a score of 101-55 [[^]](https://www.espn.com.au/afl/game/_/gameId/1133478).

An upcoming match is scheduled for May 21, 2026, in Launceston. The Adelaide Crows and Hawthorn Hawks are set to play an AFL Round 11 match on this date. This game will be held at UTAS Stadium in Launceston [[^]](https://www.legz.com.au/afl/matches/2026/round-11/647/hawthorn-hawks-v-adelaide-crows)[[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026)[[^]](https://www.blogarama.com/sports-blogs/1451756-live-sport-blog/76076291-hawthorn-hawks-adelaide-crows-thu-may-2026). A prediction **market** for this specific May 21, 2026 match is available, with its resolution rules indicating that a tie game will result in the **market** resolving to 50/50 [[^]](https://kalshi.com/markets/kxaflgame/afl-game/kxaflgame-26may210530adehaw).

## What statistical evidence and recent form underpins Hawthorn's status as the betting favorite for the May 21 match?

Hawthorn Betting Odds | $1.35 [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026) |
Adelaide Betting Odds | $3.25 [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026) |
Hawthorn Ladder Position | 3rd on AFL ladder [[^]](https://www.legz.com.au/afl/matches/2026/round-11/647/hawthorn-hawks-v-adelaide-crows)[[^]](https://en.wikipedia.org/wiki/2026_Hawthorn_Football_Club_season) |

**Hawthorn is favored with strong betting odds and statistical projections**

Hawthorn is favored with strong betting odds and statistical projections. Hawthorn is positioned as the betting favorite for the May 21, 2026 match against Adelaide. Current odds list Hawthorn at **$1.35**, significantly lower than Adelaide's **$3.25** [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026). Statistical models further reinforce this favoritism, projecting a final score of 92-73 in Hawthorn's favor, establishing them as 18.5-point favorites for the game [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026).

Hawthorn's strong season record supports its favorite status. This favored status is underpinned by Hawthorn's overall performance, holding a 6-2-1 record for 26 points and currently ranking 3rd on the AFL ladder [[^]](https://www.legz.com.au/afl/matches/2026/round-11/647/hawthorn-hawks-v-adelaide-crows)[[^]](https://en.wikipedia.org/wiki/2026_Hawthorn_Football_Club_season). However, their recent form includes a Round 10 loss to Melbourne, a game where key players Tom Barrass and Jack Gunston were sidelined due to injury [[^]](https://www.afl.com.au/news/1519840/melbourne-demons-declare-their-intentions-with-stunning-humbling-of-hawthorn-hawks)[[^]](https://www.europesays.com/australia/12505/). In contrast, Adelaide enters the match with considerable momentum after securing a significant 68-point victory over North Melbourne in Round 10 [[^]](https://www.afl.com.au/news/1519813/kuwarna-crows-make-a-statement-with-stunning-north-melbourne-kangaroos-thrashing).

## What is Hawthorn's historical performance at UTAS Stadium, and how does it contrast with Adelaide's record at the venue?

Hawthorn Win Rate at UTAS Stadium | 73-76% (over two decades) [[^]](https://www.hawthornfc.com.au/news/916412/tass)[[^]](https://www.hawthornfc.com.au/news/916412/the-hawks-history-at-their-greatest-fortress-of-all)[[^]](https://www.afl.com.au/news/917775/second-home-or-lonely-island-your-teams-record-in-tasmania) |
Adelaide Win Rate at UTAS Stadium | 25-30% (2 wins from 8 matches as of 2025) [[^]](https://www.afl.com.au/news/917775/second-home-or-lonely-island-your-teams-record-in-tasmania)[[^]](https://en.wikipedia.org/wiki/List_of_Adelaide_Football_Club_records_and_statistics) |
Upcoming Match Prediction | Hawthorn favored by 18.5 points, predicted score 92-73 (May 21, 2026) [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026) |

**Hawthorn consistently dominates UTAS Stadium, contrasting sharply with Adelaide's struggles**

Hawthorn consistently dominates UTAS Stadium, contrasting sharply with Adelaide's struggles. Over more than two decades, Hawthorn has maintained a significant win rate of approximately 73-**76%** at UTAS Stadium, often referring to the venue as their "second home" [[^]](https://www.hawthornfc.com.au/news/916412/tass)[[^]](https://www.hawthornfc.com.au/news/916412/the-hawks-history-at-their-greatest-fortress-of-all)[[^]](https://www.afl.com.au/news/917775/second-home-or-lonely-island-your-teams-record-in-tasmania). In stark contrast, Adelaide has faced considerable difficulties at this venue, recording a win percentage of only about 25-**30%**, having secured just 2 wins from 8 matches as of 2025 [[^]](https://www.afl.com.au/news/917775/second-home-or-lonely-island-your-teams-record-in-tasmania)[[^]](https://en.wikipedia.org/wiki/List_of_Adelaide_Football_Club_records_and_statistics). This distinct difference in historical performance clearly illustrates Hawthorn's strength and Adelaide's struggles at the venue [[^]](https://www.hawthornfc.com.au/news/916412/tass)[[^]](https://www.hawthornfc.com.au/news/916412/the-hawks-history-at-their-greatest-fortress-of-all)[[^]](https://www.afl.com.au/news/917775/second-home-or-lonely-island-your-teams-record-in-tasmania)[[^]](https://en.wikipedia.org/wiki/List_of_Adelaide_Football_Club_records_and_statistics).

Recent encounters at UTAS Stadium show mixed results but favor Hawthorn. Looking at head-to-head matches played at UTAS Stadium, Hawthorn defeated Adelaide in 2025 with a final score of 47-44. However, Adelaide claimed victory against Hawthorn in 2023, scoring 79-76 [[^]](https://finalsiren.com/PreviousGames.asp?Go=Go&Team1ID=1&Team2ID=16)[[^]](https://www.austadiums.com/sport/event/31236)[[^]](https://www.thesportsdb.com/venue/20717-university-of-tasmania-stadium). For the upcoming match scheduled for May 21, 2026, at UTAS Stadium, Hawthorn is predicted to win by 18.5 points, with a projected final score of 92-73 [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026).

## How have betting lines and the point spread for the Crows vs. Hawks match moved since the market opened?

Hawthorn Hawks Point Spread | -16.5 to -18.5 points (May 17, 2026) [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026)[[^]](https://www.dimers.com/bet-hub/afl/schedule/2026_11_haw_ade) |
Hawthorn Hawks Moneyline Odds | -286 (May 17, 2026) [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026)[[^]](https://www.dimers.com/bet-hub/afl/schedule/2026_11_haw_ade) |
Adelaide Crows Moneyline Odds | +210 to +325 (May 17, 2026) [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026)[[^]](https://www.dimers.com/bet-hub/afl/schedule/2026_11_haw_ade) |

**Hawthorn Hawks are favored against the Adelaide Crows**

Hawthorn Hawks are favored against the Adelaide Crows. As of May 17, 2026, the Hawthorn Hawks are the favored team in their upcoming AFL match against the Adelaide Crows. The point spread for the Hawks currently ranges from -16.5 to -18.5 points [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026)[[^]](https://www.dimers.com/bet-hub/afl/schedule/2026_11_haw_ade).

Betting odds confirm Hawthorn's position as significant favorites. Moneyline odds for Hawthorn are approximately -286, while the Adelaide Crows are listed as underdogs with moneyline odds between +210 and +325 [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026)[[^]](https://www.dimers.com/bet-hub/afl/schedule/2026_11_haw_ade). The available research describes these current betting lines and the point spread for this match as of May 17, 2026. However, it does not provide any information regarding the opening betting lines or any subsequent movements in either the point spread or moneyline odds since the **market** opened [[^]](https://www.statsinsider.com.au/news/hawthorn-vs-adelaide-prediction-and-tips-afl-round-11-2026)[[^]](https://www.dimers.com/bet-hub/afl/schedule/2026_11_haw_ade).

## How does Adelaide's forward line, following their high-scoring victory over North Melbourne, match up against Hawthorn's defensive unit?

Match Prediction | Hawthorn favored, predicted score 97-79 (6,7) [[^]](https://www.msn.com/en-au/news/insight/adelaide-s-record-quarter-sparks-forward-line-rethink/gm-GM976C8346?gemSnapshotKey=GM976C8346-snapshot-7) |
Hawthorn Key Defenders | James Sicily, Josh Battle, Jarman Impey (2,3,4,5) [[^]](https://www.msn.com/en-au/news/insight/adelaide-s-record-quarter-sparks-forward-line-rethink/gm-GM976C8346?gemSnapshotKey=GM976C8346-snapshot-7) |
Adelaide Offensive Strategy | Rethinking forward line for smaller, quicker attack vs structural balance (1) [[^]](https://www.msn.com/en-au/news/insight/adelaide-s-record-quarter-sparks-forward-line-rethink/gm-GM976C8346?gemSnapshotKey=GM976C8346-snapshot-7) |

**Adelaide contemplates forward line changes before facing Hawthorn's strong defense**

Adelaide contemplates forward line changes before facing Hawthorn's strong defense. Following a recent high-scoring victory, Adelaide coach Matthew Nicks is considering a strategic shift for the forward line, weighing options between maintaining a smaller, quicker attack and ensuring structural balance [[^]](https://www.msn.com/en-au/news/insight/adelaide-s-record-quarter-sparks-forward-line-rethink/gm-GM976C8346?gemSnapshotKey=GM976C8346-snapshot-7). This adaptive offensive approach from Adelaide is set to challenge a formidable Hawthorn defensive unit in the upcoming match.

Hawthorn's defense features key players and strong statistical performance. Hawthorn's defensive unit for 2026 is anchored by key players such as James Sicily, Josh Battle, and Jarman Impey [[^]](https://afltables.com/afl/stats/teams/hawthorn/2026_gbg.html)[[^]](https://www.statscrew.com/aussiefootball/stats/t-HAW/y-2026)[[^]](https://en.wikipedia.org/wiki/2026_Hawthorn_Football_Club_season)[[^]](https://www.footywire.com/afl/footy/th-hawthorn-hawks). This unit has demonstrated strong performance, ranking highly in critical metrics like marks per game differential during the 2026 season [[^]](https://afltables.com/afl/stats/teams/hawthorn/2026_gbg.html)[[^]](https://www.statscrew.com/aussiefootball/stats/t-HAW/y-2026)[[^]](https://en.wikipedia.org/wiki/2026_Hawthorn_Football_Club_season)[[^]](https://www.footywire.com/afl/footy/th-hawthorn-hawks).

Forecasts indicate a favorable outcome for Hawthorn in the upcoming match. The impending May 21, 2026 match at UTAS Stadium sees prediction markets and simulations projecting a victory for Hawthorn [[^]](https://www.statsinsider.com.au/sport-hub/afl/schedule/2026_11_haw_ade)[[^]](https://www.legz.com.au/afl/matches/2026/round-11/647/hawthorn-hawks-v-adelaide-crows). The forecasted scoreline for this encounter is approximately 97-79, further emphasizing Hawthorn's favored position [[^]](https://www.statsinsider.com.au/sport-hub/afl/schedule/2026_11_haw_ade)[[^]](https://www.legz.com.au/afl/matches/2026/round-11/647/hawthorn-hawks-v-adelaide-crows).

## What Could Change the Odds

**Key takeaway.** Prediction **market** catalysts for AFL matches typically include team form, injury reports, venue-specific performance (home-ground advantage), and player ratings [[^]](https://www.betfair.com.au/hub/sports/afl/afl-predictions-**model**/)[[^]](https://www.dimers.com/bet-hub/afl/schedule)[[^]](https://squiggle.com.au/).

**Key takeaway.** These factors are processed by data-driven models to determine betting value [[^]](https://www.betfair.com.au/hub/sports/afl/afl-predictions-**model**/).

## Key Dates & Catalysts

- **Expiration:** June 04, 2026
- **Closes:** June 04, 2026

## Decision-Flipping Events

- Prediction **market** catalysts for AFL matches typically include team form, injury reports, venue-specific performance (home-ground advantage), and player ratings [^] [^] [^] .
- These factors are processed by data-driven models to determine betting value [^] .

## Related Research Reports

- [CB Malaga vs Bilbao Basket](/markets/sports/basketball/cb-malaga-vs-bilbao-basket/)
- [Djurgarden vs Sirius](/markets/sports/soccer/djurgarden-vs-sirius/)
- [APF Division de Honor Apertura Champion](/markets/sports/soccer/apf-division-de-honor-apertura-champion/)
- [Olimpia vs Luqueno](/markets/sports/soccer/olimpia-vs-luqueno/)

## Historical Resolutions

**Historical Resolutions:** 20 markets in this series

**Outcomes:** 10 resolved YES, 10 resolved NO

**Recent resolutions:**

- KXAFLGAME-26MAY170415GWSWCE-WCE: YES (May 17, 2026)
- KXAFLGAME-26MAY170415GWSWCE-GWS: NO (May 17, 2026)
- KXAFLGAME-26MAY170115RICSKS-SKS: YES (May 17, 2026)
- KXAFLGAME-26MAY170115RICSKS-RIC: NO (May 17, 2026)
- KXAFLGAME-26MAY162310FREESS-FRE: YES (May 17, 2026)

## Disclaimer

This content is for informational and educational purposes only and does not constitute financial, investment, legal, or trading advice.
Prediction markets involve risk of loss. Past performance does not guarantee future results.
We are not affiliated with Kalshi or any prediction market platform. Market data may be delayed or incomplete.

### Data Sources & Model Transparency

**Data Sources:** Octagon Deep Research aggregates information from multiple sources including news, filings, and market data.

**Freshness:** Analysis is generated periodically and may not reflect the latest developments. Verify critical information from primary sources.

## Attribution Policy

When quoting, summarizing, or reproducing Octagon AI content, attribute it to Octagon AI and link to the Octagon source URL: https://octagonai.co/markets/sports/aussie-rules/adelaide-crows-vs-hawthorn-hawks
If a specific page was used, cite that page rather than only the site homepage.