Users now gain the ability, through Kalshi's latest self-certification, to construct parlays on their own.

In a recent development, Kalshi Inc., an American financial exchange and prediction market based in New York City, has submitted a new contract to the Commodity Futures Trading Commission (CFTC) for self-certification. The contract, titled "Will occur in ?" is designed for bets on multiple outcomes, and may involve a more complex structure than previously assumed.

The contract submission, made on Tuesday, is related to sports betting and Kalshi's InGame product, a sports betting offering. The contract includes multiple parts and payouts determined by multiplying the odds of each component of the bet.

The filing suggests that the self-certification is meant to cover multi-leg bets, such as user-created parlays. However, the contract's title is vague, even by the standards of self-certification filings, and does not provide a clear indication of the type of bets it covers.

The contract submission does not adhere strictly to the template for self-certification filings. This might indicate that the contract's structure includes elements that deviate from typical self-certification filings.

If approved, the contract might allow Kalshi to offer user-created parlays, expanding the range of bets available on their platform beyond the previously mentioned sports betting and InGame. It's important to note that the contract submission may involve bets on multiple outcomes, beyond the previously mentioned parlay bets.

Kalshi Inc. was founded in 2018 and has been making waves in the prediction market industry. This latest contract submission is a testament to their innovative approach and commitment to providing diverse and engaging betting options for their users.

As always, the CFTC will review the contract submission and make a decision based on its compliance with regulations and the best interests of consumers. Until then, the details of the contract remain uncertain, but one thing is clear: Kalshi is pushing the boundaries of prediction markets and sports betting.

Users now gain the ability, through Kalshi's latest self-certification, to construct parlays on their own.