Kalshi’s controversial Cardi B. Super Bowl halftime show market attracts millions
Cardi B stole the show with her performance on Super Bowl Halftime show 2026.
Don’t you remember that? You are not the only one.
Although she was present during Bad Bunny’s halftime show as a background dancer, and appeared to be singing, it is unclear whether she was actually performing or simply mouthing the words.
It doesn’t appear to have a microphone attached to itself During the show.
All of this is up for debate.
What makes things interesting is that money has been bet on this outcome — whether it will play out on the halftime show — in prediction markets, and there’s a lot of mystery about what actually happened.
Polymarket says Cardi B. has been performing well in a while everything Paid for no. Millions of dollars were at stake.
Calci chose to pay traders at the last trading price, paying 26 percent “yes” and 74 percent “no” due to market uncertainty.
The fact is that this was a choice by prediction markets Kalshi and Polymarket, even though they have no appearance in the game, per se.
Unlike traditional sportsbooks, where you bet against the house, the money traded at Kalshi and Polymarket is peer-to-peer, with prediction markets collecting fees based on the amount bet, not the outcome.
The decision from the two major prediction market shops has angered many, with Polymarket reporting an obscene $5.4 million on Cardi B. alone, while Kalshi is reporting a $47 million market for “who will perform in the big game,” but it is unknown at this time how much was traded on Cardi B. specifically.
A trader filed a complaint with the Commodity Futures Trading Commission (CFTC), seeking $3,700 in damages, claiming that Calci violated the Commodity Exchange Act.
A Kalshi spokesperson told The Post: “The rules were clear. Under the full rules, singing and dancing was considered a performance, but just dancing in the background was no longer.” “In the performance that aired, Cardi B was dancing and mouthing the lyrics to the song, but it was not clear if she was singing.” Karol G was not singing on the broadcast.
“CFTC-approved Calcchi rules address situations like this. For Cardi B, this ambiguity means settlement takes place at the last traded price. So people who trade ‘no’ on Cardi B made 74 cents for every dollar traded, while ‘yes’ holders made another 26 cents. Calcci doesn’t keep any of this — we just distribute the money according to our rules.”
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Rapper Prem placed a huge deal of $177,000 on “No” for Cardi B. to perform at the halftime show, a market that resolved with a “Yes” on Polymarket and a losing outcome for him.
He presses, An old friend of Drake Certainly a musician in his own right, he thought he’d got one on the prediction market, even though he didn’t have the money anymore.
Polymarket is not currently an officially approved CFTC marketplace; Therefore, Prem had no luck when it came to getting any clarification from the governing body.
Why trust the New York Post to bet
Eric Richter is a Brazilian blue belt in jiu-jitsu, but he has a black belt in mixed martial arts betting. During football season, The Post has made huge profits in the player endorsement market the past two seasons. While he frequently bets on long shots, his return on investment stands at 30.15 percent since 2022.
