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Kalshi asks CFTC to allow margin trading on its platform, letting users buy with borrowed funds
It's the latest move by the company as it and other event contract exchanges seek to gain greater participation by institutional traders.
Borrowing money to gamble has always been a dangerous idea, but even more so now as online betting and prediction market platforms grow in popularity. In fact, the prediction most likely to come true is that you'll end up on the losing side of financial stress and debt. Here's what you need to know about placing bets with borrowed funds.
The Giants defense limited Cowboys quarterback Dak Prescott to 175 yards on 22 of 34 passing in Week 1, short of his 267.8 average in 2025. The SportsLine Projection Model is predicting Stafford will throw for 215.6 yards on average against the Giants.
Prediction market Kalshi is seeking regulatory approval to offer margin trading on its platform. Kalshi has asked the Commodity Futures Trading Commission (CFTC) for permission to let users of its prediction market borrow money from it to wager bets on its prediction market.
Kalshi has filed with the CFTC, seeking approval to offer margin trading for its event contracts in a bid to attract more liquidity.
Kalshi and Montana have dismissed their lawsuits, pausing the state's enforcement dispute as Kalshi pursues further federal appellate review.
Kalshi faces wash trading allegations after data reveals repetitive $5,500 trades making up half of ETH-PERP volume with a 174x turnover ratio.
Kalshi clarified that its inflated headline volume stems from an industry-wide convention tracking maximum potential payouts rather than actual cash spent, emphasizing its public regulatory filings ensure absolute transparency.