Editor
Predictions markets like Kalshi don’t currently offer the equivalent of sportsbook parlays but may consider implementing such a product. It’s a question that’s been circulating on social media after a false Kalshi ‘bet slip’ made the rounds, purporting to show a parlay prediction on the outcome of the Sean ‘Diddy’ Combs trial.
The fake screenshot went viral after it was shared by NFL wide receiver Antonio Brown, a controversial X user in his own right with a following of 2.5 million. Multiple accounts had already shared the screenshot, which may have originated with “@pikaboob,” a memes and stocks account that promotes a finance newsletter.
It showed a predictions speculator supposedly parlaying correct predictions on the three charges in the Combs trial for a $57,270.76 payout. The Times of India compounded the confusion by incorrectly reporting that Brown himself had won the parlay, something that Brown never claimed.
Not only does Kalshi not offer parlays, but none of the three markets shown in the screenshot exist. The only contracts Kalshi had been offering on the trial were for which celebrities would attend it, with the most popular options being Jennifer Lawrence, Mariah Carey, and Leonardo DiCaprio.
Brown’s version of the post garnered 300,000 views and received numerous replies.
Kalshi May be Considering Parlay-Like Products
Although the Combs parlay is an obvious fake, there are indications that Kalshi may be considering offering ways to combine predictions into parlays.
That question has been the subject of much speculation since Kalshi and similar platforms began offering contracts on sporting outcomes. Though they are technically financial products, not gambling, they have effectively begun offering sports bets nationwide, including in states that lack legal sportsbooks.
A little under two weeks ago, one X user speculated that Kalshi would offer parlays under a different name, such as “Sequential Event Contracts” — the acronym for which is a wink at the SEC, which regulates predictions markets and has allowed the sporting contracts. The official Kalshi account responded to that suggestion with “passing this feedback to my boss.”
Sigma World has also speculated that Kalshi would time the release of such a product to capitalize on the 2025 NFL season. That outlet quotes CEO Tarek Mansour as saying, at the Solana Accelerate conference in New York, that the company would be “much more aggressive” this year in expanding options beyond the current binary Yes/No predictions.
Mansour’s responses to direct questions were vague, however.
The most unambiguous indication that Kalshi is considering it, however, is that its site includes a page titled Parlay 2025 · Oscar Winners. The page in question is blank, and PokerScout does not believe any such contracts were ever on offer. However, its existence suggests that some prototyping was being done around the time of the Oscars, which were in early March.
Parlays are popular among casual sports bettors and are crucial to sportsbooks’ bottom lines due to their higher margins compared to straight bets.
