- The prediction platform recently submitted documents for three new football markets, set to offer point spreads, touchdowns, and over-unders.
NEW YORK – Kalshi plans to offer new markets in three categories for football, after filing with the CTFT earlier Monday. Kalshi submitted three documents to the CFTC portal self-certifying markets for NFL betting markets like over/unders, players that score touchdowns, and point spreads.
The markets, FOOTBALLSPREAD, FOOTBALLTOTALS, and FOOTBALLTOUCHDOWN, appear to be designed for both professional and college football.
“Bringing these markets under CFTC oversight gives consumers the same level of protections as Wall Street traders and institutions”, said Kalshi CEO Tarek Mansour via press release. “Kalshi is bringing more liquidity, efficiency, and price competition to markets on the $400 billion sports industry, and our traction so far is testament to that.”
Kalshi assured the legality of its practices, despite several states, including Ohio and Maryland, having banned college football betting props.
Kalshi is looking to accommodate the surging national demand for legal sports betting, operating differently from traditional sportsbooks, having users bet against each other, rather than the house.
If player prop markets are approved, launching parlays could be a logical next step. With high profitability potential, Kalshi could overcome the technical challenge of offering same-game parlays within a peer-to-peer model.
