Kalshi Sports Contracts: Implications for Political Betting
Release Date: 08/12/2025
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Jeffrey Pritchard, Legal Director of the Coalition for Political Forecasting, analyzes lawsuits about Kalshi's sports contracts and their implications for prediction markets. Rule3O3 discusses Indian-American gender divides and the impact of childhood grievances on politics. Timestamps 0:11: Chougule introduces segment with Pritchard 1:07: Chougule introduces Rule3O3 segment 1:28: Mamdani victory 2:10: Intro ends 4:10: Pritchard segment begins 4:13: Why Kalshi wants to be regulated under federal law 4:41: State regulation 6:34: CFTC 7:24: State compliance costs 7:43: Kalshi's goal 9:09:...
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info_outlineJeffrey Pritchard, Legal Director of the Coalition for Political Forecasting, analyzes lawsuits about Kalshi's sports contracts and their implications for prediction markets.
Rule3O3 discusses Indian-American gender divides and the impact of childhood grievances on politics.
Timestamps
0:11: Chougule introduces segment with Pritchard
1:07: Chougule introduces Rule3O3 segment
1:28: Mamdani victory
2:10: Intro ends
4:10: Pritchard segment begins
4:13: Why Kalshi wants to be regulated under federal law
4:41: State regulation
6:34: CFTC
7:24: State compliance costs
7:43: Kalshi's goal
9:09: Liquidity
10:59: Criticisms of Kalshi
11:08: Zubkoff tweet
12:40: Pritchard agreement with Zubkoff
12:54: Contradictions in Kalshi's position
13:41 : Mansour response to Zubkoff
14:37: Pritchard response to Mansour
16:28: Chougule's view of Kalshi sports contracts
18:28: Chougule defends Kalshi
19:46: Market demand for sports betting
20:24: The need to attract sports bettors
21:22: Regulatory environment
22:53: Retail traders
24:01: Gaming industry
29:48: Lawsuits
29:58: Nevada
30:37: New Jersey
31:15: Maryland
31:23: Illinois
31:46: Third Circuit
32:11: Timing
32:24 : Pritchard segment ends
32:39: Rule 3O3 segment begins
32:41: Gender divides among Indian-Americans
32:54: Saira Rao
33:22: White women
35:51: Finding an edge through elite thinking
36:06: Childhood trauma
36:57: Outsider psychology
37:34: Political biographies
38:20: UVA rape accusation
40:31: Crime demographics in mainstream media
42:41: Rule3O3 segment ends
42:57: DC August Forecasting and Prediction Markets meetup
Star Spangled Gamblers is a podcast on betting and winning real money on politics.
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Join us for our monthly DC Forecasting & Prediction Markets meetup on Thursday, August 14 from 6-9pm.
We’re returning to Rocklands BBQ in Arlington a few blocks from the Virginia Sq-GMU metrorail stop on the Orange/Silver line. Free parking also available. We’ll be in the private space upstairs; head to the back of the restaurant, and up the stairs on your left.
Our guest speaker this month is Ambassador Tom Miller. A 29-year career diplomat, Ambassador Miller’s experience in the Foreign Service spanned many continents, including posts in Greece, Bosnia-Herzegovina, Cyprus, Thailand as well as the State Department in Washington, where he worked on North Africa, the Middle East, and counter-terrorism issues. From 2019 to 2022, Tom was Chair of the Board of the US subsidiary of Intralot, Inc., a US corporation that runs lotteries in 11 states.
Last-minute/onsite walk-in RSVPs here on this Partiful event page are welcomed! https://partiful.com/e/2VIW9cQaw6pexbaQSmUh?f=1&photo=all
Who are we? We are prediction market traders on prediction markets like Kalshi, Manifold, PredictIt, and Polymarket, forecasters (e.g. on Metaculus and Good Judgment Open), sports bettors (e.g. on FanDuel, DraftKings, and other sportsbooks), consumers of forecasting (or related) content (e.g. Star Spangled Gamblers, Nate Silver’s Silver Bulletin, Scott Alexander’s Astral Codex Ten), effective altruists, rationalists, futurists, and data scientists.
Forecast on Manifold how many people will attend meetups this year: https://manifold.markets/dglid/how-many-attendees-will-there-be-at?play=true This meetup is hosted by the Forecasting Meetup Network.
Help us grow the forecasting community to positively influence the future by supporting us with an upvote, comment, or pledge on Manifund: https://manifund.org/projects/forecasting-meetup-network---washington-dc-pilot-4-meetups
Get notified whenever a new meetup is scheduled and learn more about the Forecasting Meetup Network here: https://bit.ly/forecastingmeetupnetwork
Join our Discord to connect with others in the community between monthly meetups: https://discord.com/invite/hFn3yukSwv