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Sports Prediction Markets And Event Trading Explained
Backdoor Bets Or Market Innovation? The Rise Of Sports Prediction Markets And The Regulatory Showdown In early 2025, Kalshi self-certified a suite of sports-related contracts – essentially notifying the CFTC that it intended to list markets on events like March Madness and the Super Bowl. Under CFTC rules, exchanges can self-certify new contracts, which...