Kalshi, a federally regulated prediction market, allows users to legally trade contracts on the outcome of the Super Bowl and other events. Users can buy and sell contracts on the Chiefs vs. Eagles game, halftime show performances, commercials, and more. Kalshi operates as a stock market for events, offering lower fees than traditional sportsbooks and allowing for mid-event trading.
FILE PHOTO: Football – NFL – Super Bowl LVIII – Kansas City Chiefs v San Francisco 49ers – Allegiant Stadium, Las Vegas, Nevada, United States – February 11, 2024 Kansas City Chiefs’ Patrick Mahomes celebrates with the Vince Lombardi Trophy after winning Super Bowl LVIII REUTERS/Brian Snyder/File PhotoSince it’s federally regulated by the Commodity Futures Exchange Commission , Kalshi ’s prediction market , which includes sports and pretty much anything else you can think of, is accessible...
If you aren’t familiar with prediction markets, you might be wondering what all this “trade” and contract” lingo is about. We’ll explain more below as we tell you everything you need to know to get started with the Kalshi promo code.: Direct deposit via bank account, Apple Pay, debit cards, crypto , and wire transfers
Trading on Kalshi is simple. In the case of the Chiefs vs. Super Bowl, the platform is basically a stock market for sports. Each team is priced between 1¢ and 99¢, and users buy binary YES or NO contracts on whether the team will win.For example, the Chiefs are currently priced at 53¢ and the Eagles are 48¢. These prices easily convert to implied probabilities, meaning the market gives the Chiefs 53¢ of winning the game and the Eagles 48¢.Each contract pays out $1.00. So if you purchase 100 contracts, it will cost you $53 and the potential winnings will be $100 .
There are also fresh new markets allowing you to predict how many people will watch the game compared to the 2024 and 2024 Super Bowls and which celebrities will be in attendance.Bronx man shot dead over parking spot: reports
Finance Prediction Market Super Bowl Kalshi Sports Betting Trading
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Trade Super Bowl Contracts on Kalshi: A Legal Prediction MarketKalshi, a federally regulated prediction market, allows users in all U.S. states to legally trade Super Bowl contracts on the Eagles and Chiefs. The platform functions like a stock market for sports, with users buying binary contracts on whether a team will win. Kalshi also offers markets on other Super Bowl-related events, such as commercials and halftime show predictions.
Read more »
CFTC Probes Crypto.com and Kalshi Over Super Bowl Event ContractsCrypto Blog
Read more »
Kalshi Launches Sports Betting-Like Contracts Ahead of Super Bowl, March MadnessKalshi rolled out event contracts on Thursday – as it said it would – that involve the Super Bowl and March Madness, among other things.
Read more »
Super Bowl Prediction Contracts Sell Out on Kalshi, Raising Questions About CFTC OversightKalshi, a prediction market platform, has seen massive success with its new Super Bowl prediction contracts, generating over $1 million in sales within days. While Kalshi claims its contracts are legally compliant under CFTC regulations, the situation mirrors a previous dispute with Crypto.com, where the CFTC deemed similar contracts as potentially illegal. Kalshi has a history of challenging CFTC regulations and may benefit from a more lenient stance under the new administration.
Read more »
Robinhood Offering Super Bowl Contracts Through KalshiAll markets became live and available on Monday and will be eligible to customers in all 50 states through the derivatives exchange Kalshi Inc.
Read more »
Kalshi: Super Bowl Betting Goes Beyond the GameKalshi, a peer-to-peer prediction market, is revolutionizing Super Bowl betting by offering unique and diverse markets beyond the traditional game outcome. Users can wager on everything from Super Bowl commercials to Kendrick Lamar's halftime performance, engaging with the event in a whole new way.
Read more »