Prediction Parlays to be Introduced by Kalshi, Announced to the Commodity Futures Trading Commission
Dallas Cowboys to Kick off NFL Season Against Philadelphia Eagles
The NFL season is set to begin with a thrilling matchup as the Dallas Cowboys take on the Philadelphia Eagles on the opening day.
In a separate development, predictions platform Kalshi has announced plans to roll out a new product – pre-built parlays – through the CFTC's self-certification process. The submission for the new contract options was made on Tuesday.
The pre-built parlays, a significant development in the predictions market, represent a new feature offered by Kalshi. These wagers, made up of multiple components, will be paid out based on the outcome of the selections.
Kalshi will be responsible for deciding what parlays are available, not customers. The person or group responsible for this decision is known as the "Parlay Market Committee."
The introduction of pre-built parlays is a bold move in the predictions platform industry, marking a new era in the way users can make predictions and potentially win big.
However, it's important to note that the submission to the CFTC did not mention the possibility of same-game parlays.
The rollout of pre-built parlays is expected to occur as early as Wednesday, subject to CFTC approval. This new product is set to add an exciting layer to the predictions market, offering users the chance to make more complex and potentially rewarding predictions.
Meanwhile, on the football field, the first game of the new NFL season promises to be a spectacle. The Dallas Cowboys and Philadelphia Eagles have a rich history of competitive games, and this year's season opener is sure to be no exception.
