Ivy League admissions become Kalshi’s next betting market

Brown’s admissions office says it has no role beyond what the filing already makes public.

The hit

Kalshi has filed a notice with the US Commodity Futures Trading Commission to open prediction markets on Brown’s undergraduate acceptance rate & applicant numbers, according to the Brown Daily Herald. The filing covers Brown & 21 other universities, including every Ivy League school. The markets have not yet opened to traders on the app.

Why it matters

The filing turns college admissions into a tradeable outcome, alongside sport & elections. Brown’s admissions office says it is not involved beyond public filings & news coverage, & staff sign integrity certificates each admissions cycle. Kalshi’s filing bars admissions staff & anyone with non-public admissions data from trading. One student who uses Kalshi warned the market favours people who know Brown admissions well, calling it hard to trade.

The record

Filing date	Oct. 20 (CFTC notice reported by Brown Daily Herald)
Universities covered	22, including every Ivy League school
Trading window	Until Dec. 31 or one week after Brown’s Common Data Set release, whichever is first

What happens next

Watch for Kalshi to open the Brown market to traders on its app, & for Brown’s Common Data Set release, which can bring forward the Dec. 31 trading cut-off.

Sources: Kalshi plans to open prediction market for Brown acceptance rates

18+. Betting involves risk. If gambling is a problem for you or someone close to you, help is available.