Crypto.com Launches Combo Betting as Prediction Markets Embrace Parlays

Crypto.com has launched combo betting for its sports prediction markets, allowing users to combine up to four outcomes into a single wager. According to the company’s product pages, users can now bundle selections across events and outcomes to create a consolidated prediction contract.

Crypto.com Launches Combo Betting as Prediction Markets Embrace Parlays
Credit: Crypto.com

This marks a notable expansion of Crypto.com’s existing sports event trading product. Crypto.com offers its sports event contracts through Crypto.com Derivatives North America (CDNA), a CFTC-regulated derivatives platform.

While Crypto.com and other prediction market platforms don’t refer to them that way, the new Combos are very similar to typical parlays offered by sportsbooks.

Parlays are one of the most profitable bet types for traditional sportsbooks. They typically have a higher house edge than single bets. Also, the odds compound against the bettor as they add more selections.

Same-game parlays are particularly profitable as the outcomes are often correlated. Operators adjust the odds to account for this correlation.

Other Prediction Markets Already Offer Parlay-Style Contracts

Other prediction market sites already offer similar combination bets. In December, Kalshi expanded its ‘Combos’ parlay-style product to all users after launching it for select users in September. Players immediately embraced it, and volume hit $100 million in the first week.

Robinhood has also introduced premade and custom combo contracts that resemble traditional parlays. The platform allows users to bundle multiple outcomes into a single position.

Meanwhile, Polymarket has seen growing interest in combined outcomes even as its core product has historically focused on single markets.

This wave of product launches reflects broader industry expectations that prediction markets will be one of the defining battlegrounds for gambling and financial trading in 2026. That aligns with Gambling Insider’s analysis of why next year could decide the future of the prediction markets space.

It also aligns with Gambling Insider’s industry outlook for 2026, which notes that operators are increasingly looking for hybrid products that blend trading, betting, and gaming mechanics.

Gambling research firm Eilers & Krejcik suggests that prediction market platforms may soon introduce parlays for non-sporting events. That means we could see people combining the U.S. invasion of the Greenland market with the new bets on home-price movements in major U.S. cities.

In a report titled ‘U.S. Prediction Markets: How Big, How Fast, What’s Next?’, the company said that bettors enjoy parlays as they offer an “emotional payoff and upside profile.”

Crypto.com’s rollout of parlay-style products is becoming a fast standard feature of the sector. This will continue blurring the lines between prediction market platforms and sportsbooks.

Topics
OnlineSports Betting
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Andrew O'Malley
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Andrew has more than a decade of experience reporting on the wider gambling industry. He started his writing career in 2014 while completing an honors degree in Economics and Finance. After a short stint in the financial consulting world, he dived into full-time writing, covering a wide range of gambling-related topics.

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