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Osasuna Used Kalshi-Linked Policy to Hedge Relegation Risk

2026-06-08 18:55:53

Osasuna said it bought a €1.2 million insurance policy from Howden that would have paid €6 million if the club was relegated from La Liga. The club avoided relegation after losing 0-1 to Getafe, so it lost the Kalshi bet but kept its top-flight status. Spain temporarily banned prediction markets like Kalshi and Polymarket for three to four months three days after the game.

KALSHI-3.96%

POLYMARKET-0.02%

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