Kalshi made more than $4 million in fees on the Final Four and college basketball national championship games, and $28.5 million across the entire men’s and women’s NCAA basketball tournaments, as volume on the competition quintupled year-on-year to top $2 billion.
In total, the prediction market processed almost $10 billion in volume and made more than $100 million in fees across all categories in the three weeks from March 16-April 6, according to an InGame analysis. That’s an average of $4.7 million in fees per day.
Across those days, $2.18 billion was traded on non-parlay bets on college basketball, representing 22.9% of Kalshi’s $9.52 billion in volume over the period.
