# Estimated Kalshi Parlay Losses and Fees Exceeded $1 Billion Since September 2025

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/47845
Published: 2026-11-03T16:56:08.000Z
Updated: 2026-11-03T16:56:08.000Z
Section: Investing

> The estimate includes about $609 million in net prediction losses and roughly $400 million in fees on about $7.1 billion in wagers.

Kalshi users’ combined net prediction losses and fees on parlays are estimated to have exceeded $1 billion since September 2025, alongside about $7.1 billion in wagers.

The estimate includes about $609 million in net prediction losses and roughly $400 million in fees.