Data: Kalshi parlay takers' cumulative losses exceed $1B

November 3: According to InGame analysis, since Kalshi launched parlay betting in September 2025, takers have accumulated losses of about $1.004 billion, including $608.9 million in trading losses and about $400 million in fees. Takers have committed roughly $7.1 billion in total; total parlay betting volume stands at $165.6 billion, a measure that includes both market makers and takers. Market makers have accumulated profits of about $519.8 million after fees.