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(AsiaGameHub) –   Fanatics Markets has unveiled Combos, a novel feature for its prediction markets platform that allows users to combine multiple individual predictions into a single contract for trading.

Fanatics Markets Announces the New Combos Feature

The new feature is currently available for baseball, boxing, football, hockey, MMA, basketball, soccer, and tennis, with plans to incorporate additional sports in the future, according to Fanatics Markets. Combos enable bettors to group various types of outcomes, such as player props, moneylines, point spreads, and game totals, and these combinations can extend across different sports or include multiple games within the same sport.

This functionality mirrors the parlays or accumulators found in traditional sportsbooks. Users create a contract comprising several individual selections, and it only results in a payout if all chosen outcomes prove correct. The addition of more selections increases the difficulty of success, typically leading to a lower initial cost but a potentially higher payout.

The introduction of Combos aligns with the increasing interest in prediction markets from both individual and institutional participants. Unlike conventional sportsbooks, prediction markets operate as exchanges where users trade shares tied to event outcomes. Share prices fluctuate based on market sentiment and implied probabilities, fostering a trading environment more akin to financial markets than traditional fixed-odds betting.

Combos Are a Big Addition to Fanatics Markets

Fanatics launched Fanatics Markets last December, following its acquisition of the independent brokerage firm Paragon Global Markets in July of the same year. The platform was positioned as the first prediction market at the nexus of sports, finance, and culture.

At the time of the initial announcement, Matt King, CEO of Fanatics Betting and Gaming, remarked that Fanatics had long provided fans with innovative ways to engage with their passions, offering merchandise, collectibles, tickets, and events. He highlighted that Fanatics Markets now offers fans a secure and user-friendly platform to participate in the moments that define sports and culture, empowering them to take a stance.

Fanatics Markets has confirmed that all trades on its platform are processed using Crypto.com’s federally regulated prediction market infrastructure. Users will benefit from features such as deposit limits, session limits, a timeout option, voluntary self-exclusion, and the ability to close their accounts.

These protective measures reflect a broader industry trend of combining product enhancements with strengthened consumer safeguards. Kalshi, another prediction market provider, has also been prioritizing user protection, recently implementing new measures to prevent underage access through various age verification steps and a dedicated parent portal.