[Data: Kalshi Combo Betting's Active Transaction Sides Have Accumulated Losses Exceeding $1 Billion] According to InGame analysis, since Kalshi launched combo betting in September 2025, active transaction sides have accumulated losses of approximately $1.004 billion, including $608.9 million in trading losses and approximately $400 million in fees. Active transaction sides have invested approximately $7.1 billion in total. The total trading volume for combo betting is $165.6 billion, a figure that includes both market makers and active transaction sides. Market makers, after deducting fees, have accumulated profits of approximately $519.8 million.