Kalshi: Trade News & Sports

KalshiEX LLC

About this app

Kalshi is the largest legal and federally regulated prediction market in the U.S. where you can make money by predicting real-world events — including pro football and pro basketball seasons. Perfect for anyone interested in event trading, forecasting, futures-style markets, and real-world predictions.
It’s like stock trading — but instead, you’re trading on event outcomes. Simply predict whether an event will happen or not, and make money if you’re right. Join 10M+ users and trade thousands of markets across sports, finance, weather, and culture. Make money 24/7 on fast, simple prediction market contracts.
FINANCIALS
Daily S&P 500, Nasdaq 100, WTI oil
ECONOMICS
Fed interest rates, Inflation (CPI), GDP, Recession, Gas prices, Mortgage rates
CLIMATE
Hurricane strength, Daily temperatures, Tornado numbers
CULTURE
Billboard 100, Oscars, Grammys, Emmys, #1 Hits
HOW KALSHI WORKS
Kalshi is a federally regulated prediction market exchange where you buy and sell contracts on event outcomes. Contract prices reflect trader predictions. Buy contracts from 1¢ to 99¢ and sell anytime. At close, each contract pays $1 if you’re right. Simple trading, transparent pricing, real results.
TRADE SPORTS
Love day trading? Love sports? Now you can combine both. Kalshi lets you bet on sports through live event contracts across football, basketball, baseball, golf, MMA, tennis, and more.
Will Baltimore beat Philly?
Will the total score go over 45?
Make sports picks, trade live odds, and access highly liquid markets for every pro and college football game. A modern alternative to a traditional sports book, built for active sports betting and real-time prediction.
HOW IS KALSHI REGULATED?
Kalshi is federally regulated as a Designated Contract Market (DCM) by the CFTC. Kalshi’s clearinghouse holds member funds and clears trades. A compliant and legal prediction market platform.
TRADE YOUR CONVICTIONS
Find markets that match your views. If you think a recession is coming, trade recession and S&P markets. Put your predictions to work.
REDUCE FINANCIAL RISK
Hedge against events that affect your portfolio. Trade inflation and Fed markets to manage risk.
KALSHI VS. STOCKS
Event contracts are more direct. You trade outcomes, not stock prices. No pattern day trading restrictions. More flexibility than traditional investing.
KALSHI VS. OPTIONS
Event contracts are simpler. No time decay. Prices reflect real prediction probabilities instead of complex option mechanics.
HOW MUCH MONEY DO I NEED TO START?
Open a Kalshi account for free. Low-cost contracts make it easy to start trading, betting, and testing sports picks with small capital.
ADVANCED TOOLS & API ACCESS
Build trading algorithms in Python. Backtest strategies with historical data. Access developer tools and community resources.
WHO KALSHI IS FOR
Sports fans who want to trade real game outcomes
Traders looking for federally regulated prediction markets
Investors hedging financial risk with event contracts
Forecasters who want to profit from real-world predictions
Developers building automated trading strategies
Kalshi combines prediction, prediction market mechanics, and flexible trading in one federally regulated platform.

Ratings and reviews

The user interface is really poor. The app frequently shows very delayed data, which means that the client has a massive disadvantage in live events like sports. Live events are the most widely traded, so the app is close to worthless because of the disadvantage that it forces on clients. Adjusting trade quantity or price has no up and down arrows, has no default quantity setting, and has no setting to default at a price where fee will not be $0.02. This transaction fee is very high.

This app seemed great at first, but then I quickly learned the contracts are not very well written. The contracts are either very specific and/or poorly written to convey the actual message. In the comments some believe the contracts need to be written better and some believe the contracts are a play-on-words with room for the results swing one or another, and strictly dependent on Kalshi's decision. You can argue, but there is very little chance you will win. I the end, do not waste your money.

App doesn't work for me, even after I've updated the App. It worked at the beginning of the week, but when I try to add additional money now, it just declines, even though there are no banking issues on my side. I try to contact support and they either forward me to their deposit help Q & A (which I've done as directed) or they just dont respond at all via "chat" or email support. Just going to cancel my account and go elsewhere.

What’s new

Kalshi is America's #1 prediction market platform. Get in on the action by trading on real-world events like elections, sports, crypto, and weather. This update includes bug fixes and performance upgrades