While the true level of retail betting handle on Kalshi remains somewhat obscured, the prediction market is likely catching up to the sportsbook giants this quarter, and it may have already overtaken them, per InGame research.
Taker-side volume on the platform, a close proxy for handle, is now exceeding $200 million per day, ahead of the top sportsbooks’ handle. Even lower-bound estimates of an equivalent to handle this quarter could match DraftKings and FanDuel.
Kalshi regularly reports its volume figures, which are sometimes compared to sportsbook handle. Volume on Kalshi has soared since the platform started offering sports and easily exceeds the amount wagered on DraftKings’ and FanDuel’s sportsbooks.
