Rob Hadick ＞|＜(@HadickM):Yesterday CME said they were going to launch sports related options and futures. Today IG Group buys Underdog. Both Kalshi and Polymarket had their best months ever in June primarily with massive WC volumes. And I’ve seen actual institutional hedging using sports event contracts on both Poly and Kalshi. Seems clear the market for sports event contracts is going to get far bigger, and the institutional players are paying attention. This isn’t just about gaming, there are broad uses here that will get much bigger than people realize. Excited to see how this keeps evolving.

2026.07.30 22:04

Yesterday CME said they were going to launch sports related options and futures. Today IG Group buys Underdog. Both Kalshi and Polymarket had their best months ever in June primarily with massive WC volumes. And I’ve seen actual institutional hedging using sports event contracts on both Poly and Kalshi. Seems clear the market for sports event contracts is going to get far bigger, and the institutional players are paying attention. This isn’t just about gaming, there are broad uses here that will get much bigger than people realize. Excited to see how this keeps evolving.