Sportradar has inked a multi-year deal with Kalshi to supply official sports data. The partnership, announced this week, aims to bring real-time, verified data to Kalshi's prediction market platform — a move that could blur the lines between traditional sports betting and event-based trading.
What the deal covers
The agreement gives Kalshi access to Sportradar's official data feeds across multiple sports. Those feeds cover everything from live scores to game statistics, all sourced directly from leagues and governing bodies. Kalshi will use the data to settle contracts on its exchange, where users bet on binary outcomes — think “Will Team X win tonight?” rather than the moneyline odds you'd see at a sportsbook.
Sportradar's network already powers major sportsbooks in regulated markets. This is its first known data deal with a U.S.-based prediction market operator.
Why prediction markets need official data
Prediction markets live and die by accurate, timely settlement. If the data feeding a contract is slow or unreliable, traders lose confidence — and liquidity dries up. Kalshi has built its business around event contracts that are binary and indisputable: the scoreboard doesn't argue. But to settle thousands of micro-contracts in real time, you need a firehose of clean data, not a manual box score refresh.
Sportradar offers exactly that. The company's official status with leagues like the NBA and NFL means the data carries institutional weight. For Kalshi, that translates into lower dispute risk and faster payouts.
A broader play for global reach
The deal isn't just about data quality. Both companies see a path into markets where traditional sports betting is restricted but prediction markets operate in a legal grey zone. Kalshi is already regulated by the CFTC as a designated contract market. Pairing that with Sportradar's global distribution could open doors in Europe, Asia, and Latin America — regions where prediction-market platforms are gaining traction but lack reliable sports data infrastructure.
Sportradar's CEO hinted earlier this year that the company was looking beyond its core sportsbook client base. This deal confirms that strategy is moving ahead.
What comes next
Neither side has published a timeline for when the data will go live on Kalshi. The announcement says integration work is underway. Given the compliance checks required — Kalshi needs to ensure all contracts comply with CFTC rules — a rollout before Q4 2026 would be aggressive but possible.
The real test will be whether traders trust the data enough to pile into sports-based contracts at scale. If they do, the line between a prediction market and a sportsbook may get a lot thinner.
