Texas-based users are about to buy and trade contracts on the outcomes of various events, including the upcoming Super Bowl.

Don’t invest unless prepared to lose all the money you invest. This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong.

Robinhood said on Tuesday it had suspended trading in Super Bowl betting contracts after the brokerage received a request from the U.S. Commodity Futures Trading Commission. "We are heeding their directive to cease offering these contracts despite the fact that the CFTC has not deemed Kalshi's football championship contracts illegal,

Some customers will be able to wager on the outcome of the Chiefs vs the Eagles in Robinhood's first foray into sports betting.