Kalshi reverses WMU-Michigan call after chaotic finish unsettles prediction markets
TL;DR Summary
Kalshi prematurely treated Western Michigan as the winner in the WMU-Michigan game, then reversed the call, reimbursed losers, and paid out correctly after the final result was clarified. About $18.6 million in market volume was affected, highlighting the risk of live-event rulings in prediction markets and the need for patience until final, verifiable outcomes are established.
- Western Michigan-Michigan outcome created chaos for Kalshi NBC Sports
- Western Michigan president: Nothing 'unfair' with last play ESPN
- 'I didn't think it was the right call but I'm not an unbiased person' | WMU addresses U-M game WZZM13.com
- Why did Michigan-WMU refs use a game clock no one else could see for their pivotal review? The New York Times
- NBC says broadcast not 'official arbiter' of game clock after Michigan Hail Mary USA Today
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