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long-shot multi-leg bets

Coverage of long-shot multi-leg bets in the Nexus archive.

Earliest in view: Jul 28 · 11:30 UTCMost recent: Jul 28 · 11:30 UTC

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BUSINESSJul 28 · 11:30 UTCBLOOMBERG
Parlay Bets Saddle Gamblers With $294 Million Losses on Kalshi
Retail bettors are losing $294 million through long-shot multi-leg bets on prediction-market platforms like Kalshi, while sophisticated traders benefit from these wagers.