DC bar covers World Cup promotion costs with Kalshi bet

A neighborhood bar in Washington, D.C., is running a deal that could score customers a free tab during Team USA’s World Cup match against Australia on Friday afternoon. 

The deal is the result of a partnership with the bar TallBoy and prediction market platform Kalshi, and the promotion increases based on the number of goals the U.S. wins by. 

A U.S. win by a one-point margin will get customers 25 percent off their bill and a two-point victory will increase the discount to 50 percent. If the team wins by three points, their tab is completely free. 

TallBoy owner Peter Bayne told The Hill that the bar covered around $4,000 in food and drinks last week when the U.S. won 4-1 in its game against Paraguay. 

Bayne, a former high school varsity soccer coach and a lifelong fan of the sport, said he got the idea from New York bar The Jeffrey’s NBA Finals promotion earlier this month, which covered up to $100 tabs when the New York Knicks won Game 1 of the tournament. 

After talking with some of his friends about whether TallBoy could run a similar deal for the World Cup,........

© The Hill