Prediction market platform Kalshi is looking to add player props and spreads to its product offering today (18 August).
In three regulatory filings uploaded today, Kalshi outlined new football product categories that would essentially implement player props and point spreads across its platform.
It comes just weeks ahead of the beginning of the US football season, the first ever where federally regulated prediction markets like Kalshi, Crypto.com and Robinhood will be offering sports products alongside more traditional sportsbooks licensed at the state level.
While Kalshi already effectively offers moneyline betting – meaning trades on the outcome of the game – bets on the number of touchdowns and the total scored has traditionally been more popular in football.
Kalshi said the contracts will go live after close of business today as long as the Commodity Futures Trading Commission (CFTC) opts not to act.
The US derivatives regulator has one working day to either block the products for not being in the public interest, or else action a 90-day review.
The three new contract types Kalshi is seeking to launch are:
- Will <team> win <game> by <above/below/between/exactly/at least> <count> points?
- Will <game> have <over/under> <count> points in <time period> of <game>?
- Will <player/team> score <first/last/any/count> touchdown(s) in <time_period> of <game>?
Under the Trump Administration and chair Caroline Pham, the CFTC is widely considered to be much more friendly to event-based contracts than in prior years.
The news marks Kalshi’s latest attempt to push the regulatory envelope towards offering products increasingly similar to traditional sports betting.
The company was a pioneer of event contracts on elections last year, which preceded the move towards sports event contracts in 2025.
Many observers have speculated that long-term, the prediction market would like to offer a product similar to Same Game Parlays, which has grown to be an important profit centre for US sportsbooks.