Kalshi’s latest self-certification may just let users build parlays

Wednesday, September 3, 2025 8:53 PM
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  • Daniel O'Boyle, InGame

Kalshi might have just cleared the way to offer user-created parlays, self-certifying a new type of contract that includes multiple parts and payouts determined by multiplying the odds of each component of the bet.

The prediction market submitted a new contract, which appears to be designed for bets on multiple outcomes, to its regulator, the Commodity Futures Trading Commission (CFTC), for self-certification Tuesday.

The contract’s title with the CFTC — “Will <outcomes> occur in <events>?” — is vague, even by the standard of self-certification filings that are based on a template.

However, elements of the filing suggest that the self-certification is meant to cover multi-leg bets.