Kalshi is a website that will actually let you place real bets. And you can bet on the next LSU head coach. Right now each contract is 62 cents for Lane to LSU and 39 cents for no to Lane to LSU. If your outcome happens then you win a dollar.
They don't have a market for Lane to stay at Ole Miss. There is a market for whether or not he leaves before Friday.
So it's not a true bet like a casino or sports book. It's more like an equities market. Someone has to be willing to buy from you or sell to you a contract. If Lane's family placed an order to buy 1 million 'No', it would burn through the order book and the price of 'No' would quickly reach 90+ cents. It's a lot like buying microcap stocks.What is the max you can bet? What keeps Lane's family from wiping Kalshi out?
I have yet to find a bookie to take the lane to lsu bet.So it's not a true bet like a casino or sports book. It's more like an equities market. Someone has to be willing to buy from you or sell to you a contract. If Lane's family placed an order to buy 1 million 'No', it would burn through the order book and the price of 'No' would quickly reach 90+ cents. It's a lot like buying microcap stocks.