Cardi B stole the show with her performance at the Super Bowl 2026 halftime show.
Don’t remember that? You’re not the only one.
Though she was present during Bad Bunny’s halftime show as a background dancer and even appeared to be singing along, it’s unclear whether she was actually performing or simply mouthing the words.
She did not appear to have a microphone attached to herself during the show.
All of that is up for debate.
Where things get interesting is that money was wagered on this outcome – whether she would perform at the halftime show – at prediction markets, and there is a lot of ambiguity about what actually happened.
Polymarket says Cardi B. did perform, while Kalshi paid out in favor of no. Millions of dollars were on the line.
Kalshi chose to pay out traders at the last traded price, with “Yes” paying out at 26 percent and “No” at 74 percent due to ambiguity regarding the market.
The reality is this was a choice by the prediction markets Kalshi and Polymarket, although they don’t have a skin in the game, per se.
Unlike at traditional sportsbooks, where you’re betting against the house, money traded on Kalshi and Polymarket is peer-to-peer, with the prediction markets collecting a fee based on the amount wagered, not the outcome.
The resolution from the two primary prediction market shops has infuriated many, as Polymarket reported an obscene $5.4 million on Cardi B. alone, while Kalshi reported $47 million on the market for “Who will perform at the Big Game,” but it’s unknown at this time how much was traded on Cardi B. specifically.
One trader filed a complaint with the CFTC, seeking $ 3,700 in damages and claiming that Kalshi violated the Commodity Exchange Act.
“The rules were clear. Under the full rules, singing and dancing counted as a performance, but just dancing in the background did not,” a spokesperson for Kalshi tells The Post. “In the as-broadcast performance, Cardi B. was dancing and mouthing words to the song, but it was unclear if she was ‘singing.’ Karol G was not singing on the broadcast.”
“Kalshi’s CFTC-approved rules address situations like this. For Cardi B, this ambiguity means that settlement takes place at last-traded price. So people trading ‘No’ on Cardi B made 74c per on dollar traded, while ‘Yes’ holders got the other 26c. Kalshi keeps none of this – we just distribute the funds per our rules.”
Get the lowdown on the Best USA Sports Betting Sites and Apps
Rapper Preme placed a large $177,000 trade on “No” for Cardi B. to perform at the halftime show, a market that was resolved to “Yes” on Polymarket and a losing outcome for him.
Preme, a longtime friend of Drake and musician in his own right, surely thought he had gotten one over on the prediction market users, though he’s now out of the money.
Polymarket is not, at this time, an officially CFTC-approved market; therefore, Preme is out of luck when it comes to getting any clarity from the governing body.
Why Trust New York Post Betting
Erich Richter is a brazilian jiu-jitsu blue belt but he has a black belt in MMA betting. During the football season he’s showcased massive profits at The Post in the player prop market the last two seasons. While constantly betting long shots, his return on investment is 30.15 percent since 2022.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: nypost.com
