Wrigleyville bar plans to give fans $100 if Mexico wins World Cup match, with help from Kalshi

A Wrigleyville sports bar is running a promotion on Sunday with prediction marketplace Kalshi that will reward patrons with $100 gift cards and tequila shot specials if Mexico defeats England in the highly-anticipated World Cup match.

And to help offset most of the giveaways and discounts, Rizzo’s Bar & Inn placed a $2,000 trade on Kalshi for Mexico to win — giving them a potential payout of $3,721.

The Kalshi tie-in is the first of its kind in Chicago, the New York-based prediction platform said.

“You have to strike while the iron is hot,” Rizzo’s cofounder Eddie Mahoney said. “This only happens once every four years. We're just trying to get in front of everybody.”

The wager is essentially a hedge for the business. If Mexico advances, Rizzo’s winnings will help cover the $100 gift cards, redeemable on next visits, as well as the drink specials. If they lose, Rizzo’s is out $2,000 but will still gain revenue thanks to additional foot traffic and patrons who will cover their own tabs.

And the strategy is becoming a hospitality trend across the country to attract customers, amid rising business costs and

Inside Rizzo’s Bar & Inn in Wrigleyville with tables and chairs, as well as TVs hanging on the walls. — Rizzo’s Bar & Inn in Wrigleyville plans to offer customers a complimentary green tea shot and mini Mexico flags, during Sunday’s World Cup game between Mexico and England.

Dylan Goldstein, cofounder of Chicago-based events company Bizzy Nights, recommended the partnership with Kalshi, which has garnered nationwide attention the last year.

“Immersiveness is going to be really big, and that’s what people are looking for right now,” said Goldstein, who organizes holiday pub crawls and other related events.

Rizzo’s customers on Sunday will be greeted with a complimentary green tea shot and mini Mexico flags. The bar, at 3658 N. Clark St. across from Wrigley Field, is also raffling off a Mexico team jersey and broadcasting the game in Spanish. DJs spinning Latin beats and music will also be part of the mix, during match breaks and post-game.

As part of the Kalshi promotion, tequila shots will be $3 if Mexico wins by a goal; $2 if they win by two goals and $1 if they win by 3 or more goals.

“We’re just trying to generate that business when we don't have a private event, when we don't have the Cubs or a concert,” Mahoney said.

A new hedge play

During the NBA Finals last month, New York City bar The Jeffrey won about $15,000 after placing $5,000 on the

Wrigleyville bar plans to give fans $100 if Mexico wins World Cup match, with help from Kalshi

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A new hedge play

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