"Cardi B had no singing role, though she could clearly be seen dancing and mouthing words alongside singer Karol G and actors Pedro Pascal and Jessica Alba. In layman's terms, it was obviously more of a cameo than a full-on performance. But with millions of dollars at stake - Polymarket bettors had wagered more than $4.4 million on whether she would perform - precision matters. Ultimately, it came down to interpreting the rules."
"According to the full rules for the betting market, an appearance counts as a performance if the following three conditions are met: The performer appears onstage; They actually perform, including dancing, singing, DJ-ing, etc.; They are a scheduled performer or make a guest appearance. By those criteria, Cardi B's appearance would seem to count as a performance. ... However, the rules also lay out criteria for what does not count as an appearance. One of those was: "Dancing or appearing on stage without singing/playing instruments.""
Cardi B appeared at the Super Bowl halftime show as part of Bad Bunny's set, dancing and mouthing words but not singing. Polymarket resolved its market to "Yes" because its rules state the market resolves if Cardi B "performs live and in person" during the show. Kalshi's rules list three conditions for a performance—appearing onstage, actually performing (including dancing), and being a scheduled performer or guest—but also exclude "dancing or appearing on stage without singing/playing instruments." Kalshi invoked a discretionary clause to settle the ambiguous case. Millions were wagered, making the interpretation financially significant.
Read at Business Insider
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