
Prediction markets are on pace to out-volume sportsbooks this March Madness. 3 days in, prediction markets have hit $787M notional (~$525M handle equiv.) - matching the full tournament forecast of $530M. Sportsbooks are only forecasted around $3.3B-$4B and most of the action is yet to come. Across PMs so far we have seen Notional Volumes of: @Kalshi: $638M @Polymarket: $149M





