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Kalshi Launches Cricket Prediction Markets in U.S
Confirmed
In Short: Kalshi, a federally-regulated prediction market exchange, has launched cricket prediction markets for users in all 50 states, Washington, D.C., and U.S. territories, according to CBS Sports.
Kalshi, a federally-regulated prediction market exchange, has launched cricket prediction markets for users in all 50 states, Washington, D.C., and U.S. territories, according to CBS Sports.
The new markets allow fans to trade on outcomes for cricket matches around the world, offering a catalog with high liquidity for those interested in cricket.
To qualify for a $55 trading bonus, new users must make their first $25 worth of trades within 30 days of account opening.
Kalshi requires users to complete the KYC (Know Your Customer) sign-up process and reside in a jurisdiction where the platform operates.
The trading credit expires after seven days, and only profits from trades placed using the bonus credit can be withdrawn.
Meanwhile, DeFi Rate reported that Kalshi is ending a program that pays traders based on volume nearly a year early.
The CFTC is reviewing incentive programs across prediction markets platforms, and Kalshi reserved the ability to remove participants it determined were abusing the rewards.
Kalshi’s program divided a fixed reward pool among traders according to their share of qualifying volume in a designated market.
The program rewarded executed trades rather than simply placing an order on the book.
Futurism noted that without oversight from Washington, DC, an increasing number of states are looking to take action as experts fear a wave of gambling addiction facilitated by betting platforms like Kalshi and Polymarket.
Kalshi is one of several platforms offering prediction markets, including Polymarket, Novig, ProphetX, and others.
For football specifically, Kalshi is favored for 'futures' markets like Super Bowl winner, playoff qualifiers, conference champions, division races, and season-long team outcomes.
What this adds
The CFTC's review of incentive programs and Kalshi's decision to end its volume-based rewards program are new developments.
The potential for gambling addiction and state-level action against prediction markets are emerging concerns.
Kalshi's cricket prediction markets are part of a broader trend in the prediction market industry.
What's confirmed
- Kalshi, a federally-regulated prediction market exchange, has launched cricket prediction markets for users in all 50 states, Washington, D.C., and U.S. territories, according to CBS Sports.
- The new markets allow fans to trade on outcomes for cricket matches around the world, offering a catalog with high liquidity for those interested in cricket.
- To qualify for a $55 trading bonus, new users must make their first $25 worth of trades within 30 days of account opening.
- Kalshi requires users to complete the KYC (Know Your Customer) sign-up process and reside in a jurisdiction where the platform operates.
- The trading credit expires after seven days, and only profits from trades placed using the bonus credit can be withdrawn.
- Meanwhile, DeFi Rate reported that Kalshi is ending a program that pays traders based on volume nearly a year early.
- The CFTC is reviewing incentive programs across prediction markets platforms, and Kalshi reserved the ability to remove participants it determined were abusing the rewards.
- Kalshi’s program divided a fixed reward pool among traders according to their share of qualifying volume in a designated market.
- The program rewarded executed trades rather than simply placing an order on the book.
- Futurism noted that without oversight from Washington, DC, an increasing number of states are looking to take action as experts fear a wave of gambling addiction facilitated by betting platforms like Kalshi and Polymarket.
- Kalshi is one of several platforms offering prediction markets, including Polymarket, Novig, ProphetX, and others.
- For football specifically, Kalshi is favored for 'futures' markets like Super Bowl winner, playoff qualifiers, conference champions, division races, and season-long team outcomes.
What's still developing
- For interested new users, here are the details on the latest Kalshi promo code.
- The agency has not announced a decision, identified a target or said it directed Kalshi to terminate its program.
- Front Office Sports has since reported that the agency is conducting a broader sweep of trader and market-maker incentives.
- Kalshi is ending one rewards structure, not abandoning incentives altogether.
- Prediction-market odds compared across Kalshi, Polymarket and more, explained in plain English, with the contracts behind every number.
- Last week, allegations emerged over trading in Kalshi ’s Ether perpetual futures market that led to inflated volumes.
- If a trader accounted for 10% of the eligible volume during a reward period, that trader received 10% of that market’s reward pool.
- The details matter because not all volume on Kalshi automatically earned a payment.
- Can’t-miss innovations from the bleeding edge of science and tech Just over a month after suing prediction market Kalshi for running an “illegal gambling” operation, New York state authorities are now accusing competitor Polymarket of exactly the same thing.
- In fact, president Donald Trump’s family has direct ties to both Kalshi and Polymarket.
- I trade with the best NFL prediction market apps daily, and I'll show you how to use them and claim the top welcome offers from Kalshi, Polymarket, ProphetX, Novig, and more.
- The best NFL prediction market apps in September 2026 are Kalshi, Polymarket, Novig, ProphetX, Underdog, FanDuel Predicts, Gemini, OG.com, Plus500, and Crypto.com.