Trading

DraftKings adds parlay Combos and previews microbets while dismissing Kalshi threat

Published May 5, 2026Updated 63d ago

DraftKings is rapidly building out its prediction market platform with parlay-style contract bundling called Combos, revised pricing, and a roadmap toward microbets, as executives publicly dismiss rival Kalshi's competitive threat. The company launched its prediction market platform in late 2025 and has since added Combos that let users combine multiple sports event contracts into a single ticket, similar to traditional sportsbook parlays. President of Operations Paul Liberman previewed microbets as the next evolution, signaling DraftKings will push its federally compliant product closer to sportsbook-style functionality. Cofounder Matt Kalish separately said Kalshi is years away from building a competitive product, remarks that came as Kalshi faces dozens of lawsuits nationwide over its sports event contracts. DraftKings is positioning prediction markets as a major growth opportunity while using them as a workaround for state-level sports betting restrictions.

Why this matters?

DraftKings' combo launch and microbet preview force Kalshi to defend its no-fee, no-parlay model against a sportsbook rival that can replicate familiar UX under federal commodity-market rules. Kalish's public swipe at Kalshi's product maturity signals DraftKings is willing to press its marketing and regulatory advantages while the upstart is distracted by litigation.

The bigger picture

DraftKings' product sprint — Combos, microbets, Railbird exchange, and now parlay bundling — makes it the most aggressive sportsbook entrant into prediction markets, with four distinct feature launches in the same window that Kalshi has spent fighting tribal lawsuits and NBA pricing wars.

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