Kalshi's Super Bowl Trading Volume Exceeded $1 Billion

Submitted by Gilbert Horowitz on

Written by :

Gilbert Horowitz

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Bad Bunny performing during the Super Bowl Halftime Show

Kalshi CEO Tarek Mansour said Tuesday that the platform’s Super Bowl Sunday trading volume exceeded $1 billion, up 2,700% year-over-year.

Bets on halftime performer Bad Bunny’s first song exceeded $100 million.

That comes as little surprise considering Bad Bunny's Halftime performance prop bets were among the most sought out here at Gambling911.com as well, especially the prop bet asking if he would mention "ICE" (he didn't). 

Unlike your traditional sportsbook, Kalshi only allows for YES or NO options.  The latter might be less appealing to hardcore - and even your average recreational gambler - but it certainly helps that Kalshi offers a superior platform. 

“It was an incredible weekend,” Mansour told CNBC’s “Squawk Box” on Tuesday. “Kalshi was the biggest brand of the Super Bowl this year, without running a Super Bowl ad, and the way we achieved that is the product.”

The platform experienced some issues with delivering money to users due to high traffic during the game, CNBC reported. 

 

 

  • Gilbert Horowitz, Gambling911.com 

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