Mystery Bets on Trump’s New Press Secretary Could Turn $173 Into $9,600.
Three small bets that Katie Zacharia would become Trump's press secretary went in before the news broke. Kalshi is now investigating the trades, which risked under $175 and could pay more than $9,500.Zacharia was not seen as a front-runner. In the days before President Donald Trump named her on Friday, bettors on Kalshi gave her about a 1% chance.How Did Bets on a 1% Trump Press Secretary Pick Land Early?
$STRK
$NOT
$SUI
Kalshi is a prediction market regulated by the Commodity Futures Trading Commission (CFTC). Users buy contracts on real-world events. Each contract pays $1 if the event happens, so a 1% chance costs about 1 cent.
The first bet, for $19, went in around 10:43 p.m. ET on Thursday. That's according to a Journal review of public Kalshi data. It is set to pay $1,896.
Two more bets, of about $74 and $80, followed at around 1:41 p.m. on Friday. They are set to pay $3,689 and $4,023.About 20 minutes later, The New York Times and other outlets began reporting the pick. Trump then confirmed it on Truth Social.
#Trump's
#BinanceSquareTalks
#squarecreator
Three small bets that Katie Zacharia would become Trump's press secretary went in before the news broke. Kalshi is now investigating the trades, which risked under $175 and could pay more than $9,500.Zacharia was not seen as a front-runner. In the days before President Donald Trump named her on Friday, bettors on Kalshi gave her about a 1% chance.How Did Bets on a 1% Trump Press Secretary Pick Land Early?
$STRK
$NOT
$SUI
Kalshi is a prediction market regulated by the Commodity Futures Trading Commission (CFTC). Users buy contracts on real-world events. Each contract pays $1 if the event happens, so a 1% chance costs about 1 cent.
The first bet, for $19, went in around 10:43 p.m. ET on Thursday. That's according to a Journal review of public Kalshi data. It is set to pay $1,896.
Two more bets, of about $74 and $80, followed at around 1:41 p.m. on Friday. They are set to pay $3,689 and $4,023.About 20 minutes later, The New York Times and other outlets began reporting the pick. Trump then confirmed it on Truth Social.
#Trump's
#BinanceSquareTalks
#squarecreator