← Back to context Comment by dymk 8 hours ago They also place their own bets within their own market. They don't just make money on trading fees. 10 comments dymk Reply usefulcat 6 hours ago Sounds like a glaringly obvious conflict of interest? msandford 3 hours ago Be careful, the market makers always win. If you go against them, you make yourself a target. CyberDildonics 4 hours ago Of course it is, people will do whatever they can get away with. nojito 7 hours ago A different entity provides liquidity.There’s no house like in sportsbooks. jeltz 6 hours ago And there is no house in pool betting, poker or backgammon either. We still count all of them including betting exchanges (what has now been rebranded as prediction markets) are still normally regulated as gambling. nojito 5 hours ago Not in the US. 1 reply → loeg 8 hours ago Kalshi does not trade against its users. dymk 7 hours ago That's their PR department talking.https://straighttothepoint.substack.com/p/you-cant-have-it-b...https://www.sportico.com/business/sports-betting/2025/kalshi... tantalor 6 hours ago Kalshi definitely does thisThey just don't make any money off it.
usefulcat 6 hours ago Sounds like a glaringly obvious conflict of interest? msandford 3 hours ago Be careful, the market makers always win. If you go against them, you make yourself a target. CyberDildonics 4 hours ago Of course it is, people will do whatever they can get away with.
msandford 3 hours ago Be careful, the market makers always win. If you go against them, you make yourself a target.
nojito 7 hours ago A different entity provides liquidity.There’s no house like in sportsbooks. jeltz 6 hours ago And there is no house in pool betting, poker or backgammon either. We still count all of them including betting exchanges (what has now been rebranded as prediction markets) are still normally regulated as gambling. nojito 5 hours ago Not in the US. 1 reply →
jeltz 6 hours ago And there is no house in pool betting, poker or backgammon either. We still count all of them including betting exchanges (what has now been rebranded as prediction markets) are still normally regulated as gambling. nojito 5 hours ago Not in the US. 1 reply →
loeg 8 hours ago Kalshi does not trade against its users. dymk 7 hours ago That's their PR department talking.https://straighttothepoint.substack.com/p/you-cant-have-it-b...https://www.sportico.com/business/sports-betting/2025/kalshi... tantalor 6 hours ago Kalshi definitely does thisThey just don't make any money off it.
dymk 7 hours ago That's their PR department talking.https://straighttothepoint.substack.com/p/you-cant-have-it-b...https://www.sportico.com/business/sports-betting/2025/kalshi...
Sounds like a glaringly obvious conflict of interest?
Be careful, the market makers always win. If you go against them, you make yourself a target.
Of course it is, people will do whatever they can get away with.
A different entity provides liquidity.
There’s no house like in sportsbooks.
And there is no house in pool betting, poker or backgammon either. We still count all of them including betting exchanges (what has now been rebranded as prediction markets) are still normally regulated as gambling.
Not in the US.
1 reply →
Kalshi does not trade against its users.
That's their PR department talking.
https://straighttothepoint.substack.com/p/you-cant-have-it-b...
https://www.sportico.com/business/sports-betting/2025/kalshi...
Kalshi definitely does this
They just don't make any money off it.