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Kalshi Just Won a Big Court Case. It’s Still Losing the War With 19 States.

Kalshi picked up a real win in April. The Third Circuit Court of Appeals ruled that the Commodity Exchange Act preempts New Jersey’s gambling law as applied to Kalshi’s sports-related contracts. Translation: the CFTC regulates this stuff, not a state gaming commission, and New Jersey can’t touch it. That’s a legitimate headline for a company…

The World Cup Final Is a Spain Trap

Spain conceded one goal in seven World Cup games. They are unbeaten in 37 straight matches. They shut down Kylian Mbappe and France 2-0 without breaking a sweat. On paper, Spain -164 for the World Cup Final on Sunday looks like the most obvious bet in sports history. That should terrify you. The books opened…

Morocco Is +550 to Beat France and I’m Not Fading It

FanDuel has France at -420 to advance past Morocco tonight at Gillette Stadium. Eighty-five percent of bets are on France. Eighty-seven percent of the money is on France. And yet. Morocco is +310 to advance. That’s a real number. These are real dollars you could put on a team that went to the 2022 World…

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