Kalshi Trades More Than $865 Million On Super Bowl 60 Markets

Prediction market sees record volume on game outcome, halftime show, and other Super Bowl-related events.

Published on Feb. 9, 2026

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Kalshi, a prediction market platform, traded more than $865 million on various Super Bowl 60 markets, including $589 million in game-outcome related trades and another $275 million on outcomes concerning the halftime show, TV commercials, and celebrity appearances. The platform's "Pro Football Champion" market surpassed $500 million, and it also saw significant trading volume in its Super Bowl MVP and prop markets.

Why it matters

The record-breaking trading volume on Kalshi's Super Bowl 60 markets highlights the growing popularity and significance of prediction markets as an alternative to traditional sports betting. These markets provide a unique way for people to speculate on a wide range of outcomes related to major sporting events, beyond just the game's final score.

The details

Kalshi's Super Bowl 60 trading included $589 million in game-outcome related trades and another $275 million on outcomes concerning the halftime show, TV commercials, and celebrity appearances. The platform's "Pro Football Champion" market surpassed $500 million, and it also saw $52 million in trades for its Super Bowl MVP market and $37 million in prop markets. Kalshi's trading volume far exceeded the $1.76 billion in legal, regulated sports betting handle projected by the American Gaming Association for Super Bowl 60.

  • Kalshi's "Pro Football Champion" market opened in February 2025 after Super Bowl 59.
  • In the two weeks following the AFC and NFC Championship Games, Kalshi booked more than $350 million in trades in its Super Bowl-winner market.
  • Kalshi's Super Bowl MVP market opened on January 9, 2026.

The players

Kalshi

A prediction market platform that allows users to trade on a wide range of outcomes, including those related to major sporting events like the Super Bowl.

Kenneth Walker III

The Seattle Seahawks running back who won the Super Bowl 60 MVP award.

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What’s next

Kalshi has appealed a Massachusetts judge's preliminary injunction that would force the platform to geofence its sports-related trades out of the Commonwealth within 30 days.

The takeaway

The record-breaking trading volume on Kalshi's Super Bowl 60 markets underscores the growing popularity and significance of prediction markets as an alternative to traditional sports betting. These markets provide a unique way for people to speculate on a wide range of outcomes related to major sporting events, beyond just the game's final score.