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Live updates from the NYC bar that promised to cover everyone's tabs if the Knicks won, and used Kalshi to hedge the bet | Fortune

Fortune is on scene at The Jeffrey, a small New York City bar that offered to cover everyone's tabs up to $100 if the Knicks win—and hedged the bet on Kalshi.

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An NYC bar promised free drinks if the Knicks win. Its owner is using Kalshi to hedge the risk.

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