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Kalshi

Prediction market

Markets covered, states, fees, update expectations and current prices are on the venue reference page: /platform/kalshi.

Is Kalshi a sportsbook or a prediction market?

A prediction market. Kalshi is a CFTC-regulated prediction-market exchange, federally designated as a contract market rather than state-licensed.

Contracts on stated outcomes trade peer to peer between 1¢ and 99¢ and settle at $1.00 if the outcome occurs; the price you trade at is set by other participants, not by a house.

On fees: Kalshi charges a trading fee at the trade of 0.07 times contracts times price times one minus price, rounded up to the next cent, and nothing at settlement. The net payout on this site is ranked after it. Across the 13 platforms we cover, we compute the full cost of a bet the same way here.

Live prices from Kalshi appear in our comparison tables.

CategoryPrediction market
Minimum age18+ where offered
How it pricesContract price + fee
Typical coverageGame outcome, futures, economics
AvailabilityNot available in Nevada, Washington, Michigan, Massachusetts, Utah, Ohio, Connecticut, Ontario
Settlement$1.00 per contract

Availability changes quickly. Confirm directly with the platform. See the state-by-state guide. Sign-up offer content is not rendered on this site.

Kalshi prices right now

Cowboys @ EaglesSun 4:25 PM ET63¢$154.72View event
Ravens @ SteelersSun 1:00 PM ET47¢$205.15View event
49ers @ RamsSun 4:05 PM ET56¢$173.24View event
Bills @ DolphinsMon 8:15 PM ET60¢$162.13View event

Payouts on a $100.00 stake, net of any published fee, the same figures the comparison table would show. No score, no star rating, no verdict: this page states what the platform is and what it pays.

Sample dataThis pricing strip is showing illustrative sample data — quotes here are synthetic and no game is claimed to be in progress. Live prices appear when the odds feed is connected.

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