Kalshi Trades More Than $865 Million On Super Bowl 60 Markets

Kalshi traded more than $865.234 million on Super Bowl 60, figures on the prediction market showed Monday. That includes $589 million in game-outcome related trades, and another $275 million on outcomes concerning the halftime show, TV commercials, and celebrity appearances.
Following Seattle's 29-13 victory over New England, the site's "Pro Football Champion" market surpassed the $500 million figure. Some trades on the site were delayed in being posted during the game, Kalshi said, but trades were executed in real time.
The final number posted early Monday morning was $500,171,547. That market opened last February after NFL Super Bowl 59.
In the two weeks following the AFC and NFC Championship Games, the platform booked more than $350 million in trades in its Super Bowl-winner market.
In addition the platform booked $52,221,340 in trades in its Super Bowl MVP market, Seattle running back Kenneth Walker III won that award. He traded around 19 cents to win $1 it at kickoff. The market opened on January 9.
Kalshi's prop markets, which included multiple TD trades, and passing, rushing and receiving totals, totaled $37.095 million. Its top prop market was "Anytime TD" that booked $14,8 million.
Early Monday, Kalshi had already taken in more than $856,000 on its 2027 Pro Football Championship market. The Seahawks are the early favorites at 13 cents, followed by the Rams (10 cents) and Patriots (7).

Sportsbooks Projected To Handle $1.76 Billion
Before the Super Bowl, the American Gaming Association said legal, regulated sportsbooks would handle more than $1.76 billion on the game. And the AGA's figure does not include the handle from the Hard Rock Bet book in Florida. That operates as a monopoly by the Seminole Tribe under a gaming compact.
The game-related figures on Kalshi do not represent the entire prediction market space. Polymarket, which remains in limited United States release, along with Robinhood, Crypto.Com/Fanatics, DraftKings Predictions and FanDuel Predicts operate legal prediction markets under the Commodities Futures Trading Corporation. All those sites offered similar Super Bowl-related trades.
Kalshi's trades are booked worldwide, while the AGA's estimate was based on legal trading in the United States alone. Prediction market trading volume is analogous to sports betting handle, but it is not an exact comparison. Before the Super Bowl, Kalshi's app enjoyed more than 3 million downloads in January. That number far eclipsed those of regulated books like FanDuel and DraftKings. Those books, however, have already significantly saturated their markets.
All the CFTC regulated markets can offer sports-related trades - for now. Kalshi offers sports related trades in all 50 states - for now. A Massachusetts judge Friday entered a preliminary injunction that forces the site to geofence its sports-related trades out of the Commonwealth within 30 days. Kalshi has appealed.
Non-Game Trades Soar: Bad Bunny First Song $113M
Kalshi's volume on non-game Super Bowl-related trades included the following
- Bad Bunny’s halftime opener? $113,517,455
- What songs will be played at the halftime show? $4,812,959
- Who will perform at the Big Game? $47,345,230
- How long will the halftime show last? $1,495,478
- Who will attend the Big Game? $36,374,549
- Which brands will advertise during the Big Game? $72,200,453
Those trades added another $275,746,124 to Kalshi's Super Bowl totals.
All of these trades would remain legal in Massachusetts under its pending injunction, and are available in all 50 states.
About the Author

Bill Speros is an award-winning journalist and editor whose career includes stops at USA Today Sports Network / Golfweek, Cox Media, ESPN, Orlando Sentinel and Denver Post.
Fastest Payout Casinos and Same Day Withdrawal Online Casinos in USA For February 2026 Rated
BetMGM Casino Bonus Code BOOKIESCAS: Claim $1,000 Match Bonus + $25 on the House (Feb. 9)
bet365 Bonus Code BOOKIES: Bet $10, Get $200 in NBA, NHL (Feb. 9)
Fanatics Sportsbook Promo: Claim $1,000 in FanCash Bet Matches for NBA, Any Event (Feb.9)
ESPN BET Promo Code BOOKIES is Now theScore BET: Claim $1,000 Match Bet for NBA, NHL (Feb. 9)
DraftKings Promo Code: Score $300 in Bonus Bets for NBA Games (Feb. 9)
Comments