
What We’re Trying to Do Here
Prediction markets and betting on world-events are currently entering a new era. The legal decisions that ushered in this new era all come courtesy of the Kalshi market: (1) 2020 they became the first fully CFTC-approved prediction market exchange in the U.S.; (2) 2024 a court appeals decision allows them to list political events on their markets; and (3) right before the 2025 SuperBowl, Kalshi started adding sports-related event contracts which at the time of this writing, allows sports related betting to all 50 states without needing the approval of individual state gaming commissions that other sports betting books are required to go through since