Imagine being the only business in LA rooting against the Dodgers 😭
Hit a hole-in-one. Free mattresses if the team wins. You went to an insurance company that specialized in calculating the odds. That was probably until 2006.
Then it moved to Las Vegas, where ticket brokers holding inventory for one team would bet against that team to hedge.
Then, by 2018, it moved to online sportsbooks.
Now it's happening on prediction markets.
An LA-based restaurant group put $60,000 on Kalshi before the NLCS that the Dodgers would lose to the Brewers.
Why? They calculated that a Dodgers World Series run would bring in an extra $120,000. No run, $0.
So they hedged. Guaranteed $60,000 either way.
The Dodgers lost. The $60,000 grossed $120,000.
Why an exchange and not a sportsbook?
At a sportsbook, your price is locked.
The only way out is a cash-out, and that number is set by the book's algorithm.
On an exchange, there's thousands of competing buyers on the other side. The price moves. It's a reflection of the market, and you can take it or leave it at any point.
The speculators who believed the Dodgers would win provided the liquidity the sportsbook never did.
Marketplaces like Kalshi are giving businesses the exchange that prize indemnity and sportsbooks never could.
Because the other side is real.
The Guardians are 0-4 on there last 4 World Series appearances, can they make it happen it happen this year ?👀
Shohei Ohtani 2026 MVP Tape
World Series MVP Power Rankings, via Kalshi:
1. Shohei Ohtani (11.0%)
2. Jackson Chourio (9.5%)
3. Junior Caminero (7.9%)
4. Jacob Misiorowski (5.6%)
5. Tarik Skubal (5.0%)
6. Freddie Freeman (4.8%)
7. Yoshinobu Yamamoto (4.7%)
8. Drew Rasmussen (4.3%)
9. William Contreras (3.8%)
10. Mookie Betts (3.6%)























