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Kalshi combo buyers lost 35 cents per dollar in July, Gambling Insider analysis finds

Regulation · SectorWire deskSource published

Summary

Gambling Insider said its analysis of Kalshi combo markets found parlay buyers staked $226m and lost $79m over 14 days from 14 to 27 July, or 35 cents per dollar. Sellers on the NO side staked $204m and won $43m, it said. Bloomberg reported in July that bettors had lost a net $294m on Kalshi combos this year.

Why it matters

The split shows Kalshi parlay buyers' loss rates at or above sportsbook margins, before transaction fees, the outlet said.

Cite as: SectorWire, “Kalshi combo buyers lost 35 cents per dollar in July, Gambling Insider analysis finds”, 11 August 2026, https://sectorwire.news/item/kalshi-combo-buyers-lost-35-cents-per-dollar-in-july-gambling-insider/

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