Nicolas Hull(@Nhull28):An LA hospitality group runs 25 bars, many of them right by Dodger Stadium. Every extra playoff game means packed bars. An early exit means lost revenue they were counting on. So they hedged it. They put $60,000 on Kalshi on the Dodgers *not* making the World Series. The Dodgers lost the NLCS to the Brewers. The position returned nearly 2x, helping cover the playoff business that *never* came. A Columbia law professor told Fortune it works like “a form of bespoke insurance.” Read the full story here:

2026.10.20 16:41

An LA hospitality group runs 25 bars, many of them right by Dodger Stadium. Every extra playoff game means packed bars. An early exit means lost revenue they were counting on. So they hedged it. They put $60,000 on Kalshi on the Dodgers *not* making the World Series. The Dodgers lost the NLCS to the Brewers. The position returned nearly 2x, helping cover the playoff business that *never* came. A Columbia law professor told Fortune it works like “a form of bespoke insurance.” Read the full story here: