What Kalshi’s LeBron Market Reveals About Betting on News: 11x Your Money in 303 Milliseconds

The LeBron ‘next team’ market was the most profitable trade on Kalshi in late July. Our investigation identifies the most likely winners in breaking news betting races. The trade-by-trade record of Kalshi’s “LeBron James’s next team” market shows nobody traded ahead of the scoop. And then, within milliseconds (or deci…