FanDuel and DraftKings prediction markets could offer Super Bowl parlays, as CME issues self-certification
With the Super Bowl looming, FanDuel and DraftKings prediction markets could potentially be introducing parlays for the event following a self-certification contract with the CFTC. The CME Group, which partners with the two industry giants, has self-certified a multi-leg football contract with the Commodity Futures Trading Commission. The actual details, however, aren’t yet known as the filing suggests it’ll list the contract by Thursday, nor have any specifics been shared. In the self-certification process, this is where a designated contract market that is CFTC-registered submits documents that explain their intentions to list a new contract. In the filing description, it reads as: “Initial Listing of Event Contract Swaps on Pro Hockey Game Point Spreads, Pro Football Championship Combos, Olympic Competitions, and Grammy Awards.” In the contract specifications, the title is “Event Contracts on Pro Hockey Game Point Spreads and Pro Football Championship Combos.” With the Super Bowl coming up, on Sunday 8 February, it begs the question as to whether this is a focus for the prediction markets. Does the CME Group work with FanDuel …
