Polymarket prepares to introduce parlays on its US platform
Polymarket is preparing to introduce parlay-style sports contracts in the US, describing them in a filing with the Commodity Futures Trading Commission as Combinatoric Athletic Outcome Contracts. The report says Kalshi’s parlay volume reached $1.2 billion in April, while Polymarket’s US-resident sports-market volume exceeded $22 million per day this month. DraftKings also launched parlays on its prediction-market platform earlier this month.
The planned product expansion may increase competition for sports trading activity among prediction-market platforms.