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Robinhood Introduces Super Bowl Prediction Contracts for Kansas City vs. Philadelphia Matchup

The trading platform expands into event contracts, letting users speculate on the outcome of Super Bowl LIX through a partnership with Kalshi.

  • Robinhood will allow users to trade event contracts predicting the winner of Super Bowl LIX between the Kansas City Chiefs and Philadelphia Eagles.
  • The contracts, available to eligible users in all 50 states, are priced between $0.01 and $0.99, with each cent representing a 1% probability of the event occurring.
  • This marks Robinhood's second foray into event contracts, following its successful launch of presidential election prediction contracts in October 2024.
  • The offering is made possible through a partnership with Kalshi, a startup specializing in prediction markets, signaling potential strategic collaboration in the future.
  • Robinhood's move is part of a broader effort to diversify its offerings beyond stock trading, including futures, options, and cryptocurrency services.
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