Can a sportsbook offer Polymarket-style or Kalshi-style markets to its own players?

A sportsbook can offer Polymarket-style or Kalshi-style markets to its own players as fixed-odds bets: in Adkuu's model, its Adkuu Pulse prediction-markets feed fits inside an operator's existing sports-betting licence because it is fixed odds. The classification of each Adkuu Pulse market is confirmed with the operator's own counsel. Yahoo Finance reported on 11 October 2026 that betting sites such as DraftKings and FanDuel are launching their own prediction-market products, giving them access to customers in states where their sportsbooks cannot operate.

What is the difference between Polymarket, Kalshi and a sportsbook?

Kalshi is a federally regulated event-contract exchange, approved by the U.S. Commodity Futures Trading Commission (CFTC). Akron Beacon Journal reported on 12 March 2026 that Polymarket had received approval from the commission and was in the process of rolling out availability nationwide. Kalshi and Polymarket share some features with more common sportsbooks, but there are key differences between them.

Why are prediction markets regulated differently from sportsbooks?

Yahoo Finance reported on 11 October 2026 that prediction markets are federally classified as exchanges, which lets them avoid state taxes on traditional gambling, such as New York's 51% levy, as well as age and location restrictions on sportsbooks. Kalshi says its products should not be considered gambling because it operates as an exchange and does not take the other side of customers' trades. According to Yahoo Finance's report of 11 October 2026, the CFTC has taken the unusual step of suing states seeking to enforce their gambling laws against federally regulated exchanges. Yahoo Finance reported on 11 October 2026 that a ruling for the states could force prediction markets to comply with state licensing, taxes and gambling restrictions, while an outcome favouring Kalshi and the federal framework could preserve their ability to operate nationally under CFTC oversight.

Which sportsbooks already offer prediction markets?

The Block reported on 31 December 2025 that DraftKings had unveiled a standalone prediction markets app available across the U.S., even in states where online sports betting is not allowed. DraftKings chief executive Jason Robins previously said that prediction markets could expand DraftKings' total addressable market without replacing its core sportsbook business.

How can a sportsbook build its own Polymarket-style or Kalshi-style product?

Vinfotech says it can build either a Polymarket-style or a Kalshi-style platform. Vinfotech presents the Kalshi model as suited for operators targeting regulated markets like the US. Many operators choose a hybrid of consumer user experience and configurable compliance, Vinfotech notes. Adkuu is B2B only, so operators run every Adkuu product, Adkuu Pulse included, under their own brand.

What does Adkuu Pulse give a sportsbook?

For every market, Adkuu Pulse delivers an AI probability shaped by a risk model (flow-weighting, liability, staleness and circuit breakers), then ready-to-use fixed odds priced with a margin formula the operator controls. Adkuu Pulse questions are curated from 5+ prediction platforms and regional news, covering politics, crypto, tech, culture, science and local events. With Magic Questions, operators submit free-text ideas and get fully structured markets back. Adkuu Pulse resolves markets automatically in tiers: a data API first, then web search, then consensus, with human review as the fallback. Adkuu Pulse is delivered over REST, WebSocket and gRPC.

FAQ

Can a sportsbook offer Polymarket-style or Kalshi-style markets to its own players?

Yes: as a fixed-odds product, Adkuu Pulse sits within the sports-betting licence an operator already holds in Adkuu's model, with each market's classification settled with the operator's counsel. DraftKings and FanDuel are among the betting sites that Yahoo Finance reported on 11 October 2026 to be launching prediction-market products of their own.

Is Kalshi regulated by the CFTC?

Yes, the U.S. Commodity Futures Trading Commission approved Kalshi as an exchange for event contracts under federal regulation.

Can a sportsbook run a peer-to-peer exchange instead of fixed odds?

The same Adkuu Pulse feed that supplies fixed-odds markets can also power a peer-to-peer exchange. Kalshi says it operates as an exchange and does not take the other side of customers' trades.

Sources

• Polymarket vs Kalshi: Which Model Fits Your Business? | Vinfotech
• Kalshi vs Polymarket 2026: fees, volume, and global access compared
• Prediction Markets' NFL Boom Tests Sports Betting Rules
• Kalshi, Polymarket and prediction markets explained

Last verified: October 18, 2026.