Controversy swirls over Spanish soccer club accused of using novel $600,000 Kalshi wager to bet on its relegation

via semafor.com

Short excerpt below. Read at the original source.

A Spanish football club at the center of a prediction market controversy has denied placing a nearly $600,000 bet on Kalshi to hedge against the financial hit of dropping to a lower tier in one of the world’s top soccer leagues—a fate that hinged on the outcome of a single match. Club Atlético Osasuna came […]

Read at Source