Kalshi Launches NBA Player Prop Bet Markets
The prediction market platform Kalshi has expanded its sports wagering offerings by introducing new player prop bets for the National Basketball Association (NBA). The new markets, first reported by Front Office Sports, allow users to wager on individual player performance statistics.
New Wagers on NBA Player Statistics
Kalshi’s latest offering, launched last weekend, allows customers to place “over/under” trades on specific NBA player achievements. These bets cover core statistical categories for individual athletes:
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Points
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Rebounds
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Assists
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Three-Pointers Made
The platform previously added similar prop bets for the National Football League (NFL) before the start of its current season. This expansion of player-specific markets marks Kalshi’s continued growth into sports-related events.
Safeguards Implemented for Sensitive Wagers
The introduction of player prop bets comes at a sensitive time. These wagers, which focus on small events or individual achievements, are often considered easier for a single person to manipulate than the outcomes of entire games. Recent integrity issues in both college and professional sports have amplified industry scrutiny of these bet types.
To manage the heightened risk, Kalshi has implemented multiple controls alongside its new NBA markets:
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Trade Limits: Individual users are capped at a $10,000 maximum per transaction on NBA prop bets.
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Market Scope: The platform will restrict its prop bet offerings to approximately 50 NBA players to maintain a narrow focus.
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Monitoring: Kalshi has partnered with integrity monitor IC360 and enforces 24-hour monitoring of all transactions.
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Trade Bans: The company has prohibited trading for all current and former NBA players, coaches, and staff members to prevent insider activity.
Prediction Markets Intensify Competition
Kalshi’s expansion into the NBA market intensifies the rivalry within the prediction market sector. Main competitor Polymarket has recently relaunched its activities in the U.S. in a limited capacity. Additionally, traditional sports betting giants like FanDuel and DraftKings are developing their own products for prediction-style markets.
This trend toward prediction platforms is noted as a potential factor in states considering sports betting regulation. Such platforms could potentially fill a “gray zone” in jurisdictions that have not yet established full online sports wagering laws and oversight.
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