A little more info on what's up here with LSU. LSU apparently took insurance out against Lane Kiffin's possible national championship bonus in case he wins the whole thing. The insurance company than turned around and hedged against paying the insurance by betting money on LSU not winning the whole thing on the prediction market Kalshi.
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Is it not against NCAA rules about gambling? It seems like the entire LSU leadership is in violation.A little more info on what's up here with LSU. LSU apparently took insurance out against Lane Kiffin's possible national championship bonus in case he wins the whole thing. The insurance company than turned around and hedged against paying the insurance by betting money on LSU not winning the whole thing on the prediction market Kalshi.Comment
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They found a loophole by having a 3rd party involved. The LSU leadership is absolutely trash from the admin to the state government. Corrupt all the way. This is the state that gave us Huey Long after all.
I should probably point out that the capital group that did this for them, also has money on South Carolina on Kalshi. I'm unsure whether SC had knowledge of thatBrent Wyrick
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