Kalshi is the largest legal and federally regulated prediction market app in the U.S., where you can make money by predicting real-world events, including soccer, baseball, golf, and other sports. Trade real outcomes in a federally regulated prediction market. Perfect for sports trading, event trading, forecasting, futures-style markets, and real-world predictions.<\/p>\nIt\u2019s like trading stocks \u2014 but instead, you trade on events you understand. Predict whether an event will happen or not, and earn money if you\u2019re right.
FINANCIAL MARKETS
ECONOMIC MARKETS
CLIMATE MARKETS
CULTURE MARKETS
HOW KALSHI WORKS
TRADE SPORTS
HOW IS KALSHI REGULATED?
TRADE YOUR CONVICTIONS
REDUCE FINANCIAL RISK
KALSHI VS. STOCKS
KALSHI VS. OPTIONS
HOW MUCH MONEY DO I NEED TO START?
ADVANCED TOOLS & API ACCESS
WHO KALSHI IS FOR
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Kalshi hosts such a fun and legit market. It\u2019s generally easy to use and absolutely worth a try. Unfortunately every update seems to make the app worse, mostly with awful UI choices that feel like they\u2019re targeted at making users struggle more. Within the last month, you can fit significantly less information on your screen. Features such as the easy to understand profit that updates live such as simply saying 100->156 is now pushed onto a separate screen rather than on the live score page. This is the biggest downside recently, as it takes away a lot of confidence to place bets when you can\u2019t see the live percentages, score, graph, and profits all on the same page anymore. In sports, the teams you\u2019re betting on seem to be intentionally listed out of order at every chance they get. Jets @ Bears in the title and maybe on the scoreboard too, then the buttons to bet are listed as Bears first then Jets. These inconsistencies are everywhere. Some categories don\u2019t get a lot of love. Tennis commonly has matches simply never appear. And the recent cherry on top to bad updates, is that the percentages are almost never accurate to each other on screen. The graph might show Jets 37% and Bears 63%, while the buttons show Jets 56% and Bears 56% commonly not equalling 100%.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n
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Kalshi hosts such a fun and legit market. It\u2019s generally easy to use and absolutely worth a try. Unfortunately every update seems to make the app worse, mostly with awful UI choices that feel like they\u2019re targeted at making users struggle more. Within the last month, you can fit significantly less information on your screen. Features such as the easy to understand profit that updates live such as simply saying 100->156 is now pushed onto a separate screen rather than on the live score page. This is the biggest downside recently, as it takes away a lot of confidence to place bets when you can\u2019t see the live percentages, score, graph, and profits all on the same page anymore. In sports, the teams you\u2019re betting on seem to be intentionally listed out of order at every chance they get. Jets @ Bears in the title and maybe on the scoreboard too, then the buttons to bet are listed as Bears first then Jets. These inconsistencies are everywhere. Some categories don\u2019t get a lot of love. Tennis commonly has matches simply never appear. And the recent cherry on top to bad updates, is that the percentages are almost never accurate to each other on screen. The graph might show Jets 37% and Bears 63%, while the buttons show Jets 56% and Bears 56% commonly not equalling 100%. <\/p>\n<\/div><\/div>\n<\/p><\/div>\n
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Let me start by saying this app regularly freezes, crashes, shows incorrect values to your positions, etc.I had been using the app for a few weeks and just powered through these temporary inconveniences. This weekend was enough to give me reason to STAY AWAY. On Saturday I checked to see the lines on the following days games. The app showed me as having 0$ in my portfolio, which I knew was far from the case having won a considerable amount just days prior. By the end of day whatever technical issue Kalshi was experiencing sorted itself out and my balance was restored. Still unsettling.The following day I went to place money on a combo for NFL football. An error message occurred when I tried to submit stating that the odds had changed, it could not be submitted, and to try again. So I tried again. Same message. I did this multiple times. I eventually gave up trying to submit what was intended to be a SINGLE placement. When I ent back to my portfolio I saw that the combo had been placed MULTIPLE times (placing an absurd amount of money on a single unlikely event). When I contacted support giving them an explanation stating that this was placed on their own error message misinforming me, I was given a very brief response that no refunds are issued. No looking into THEIR MISTAKE. No accountability for THEIR ERROR. Nah, just you beat and out of all your money. And don\u2019t put a support reply at the end of this review saying I should contact support because I tried that several times.Stay away from this app. These people are frauds.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n
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Let me start by saying this app regularly freezes, crashes, shows incorrect values to your positions, etc.I had been using the app for a few weeks and just powered through these temporary inconveniences. This weekend was enough to give me reason to STAY AWAY. On Saturday I checked to see the lines on the following days games. The app showed me as having 0$ in my portfolio, which I knew was far from the case having won a considerable amount just days prior. By the end of day whatever technical issue Kalshi was experiencing sorted itself out and my balance was restored. Still unsettling.The following day I went to place money on a combo for NFL football. An error message occurred when I tried to submit stating that the odds had changed, it could not be submitted, and to try again. So I tried again. Same message. I did this multiple times. I eventually gave up trying to submit what was intended to be a SINGLE placement. When I ent back to my portfolio I saw that the combo had been placed MULTIPLE times (placing an absurd amount of money on a single unlikely event). When I contacted support giving them an explanation stating that this was placed on their own error message misinforming me, I was given a very brief response that no refunds are issued. No looking into THEIR MISTAKE. No accountability for THEIR ERROR. Nah, just you beat and out of all your money. And don\u2019t put a support reply at the end of this review saying I should contact support because I tried that several times.Stay away from this app. These people are frauds. <\/p>\n<\/div><\/div>\n<\/p><\/div>\n
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App is all together decent, but when it comes to golf, if you bet on players that are not participating in the field days ahead of the tournament, they literally steal your money. They don\u2019t void those bets that should actually not be allowed in the first place, they baldly tell you via support how they will not be refunding you any of those bets. If the players would drop out atleast the day or or after the tournament; that\u2019s understand- but not 3 days prior to the tournament AND the fact that those bets shouldn\u2019t be allowed in the first place. Highest robbery. I can understand losing my money on a fair bet, but not a technicality. UPDATE:Thank you for your reply, common sense says that if a player does not play prior to an event even taking place, those bets should be null and void. It\u2019s common sense, and if you are saying it\u2019s a rule, then that rule is simply robbery. I also looked at the market rules and I do not see anything specific to that, nothing on golf rules at all. Nobody else has your policy. If you guys are listing players that are already not playing in the tournament and then still don\u2019t refund money for those pics, that is robbery, no other way around it.<\/p>\n<\/p><\/div>\n
Developer Response<\/span> <\/p>\n\n
We hear your concern. Golf markets have rules that specify how player withdrawals are handled depending on timing.It’s important to review the specific market rules before trading to understand how these situations work. The rules are available on each market page.Thanks for the feedback.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n
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App is all together decent, but when it comes to golf, if you bet on players that are not participating in the field days ahead of the tournament, they literally steal your money. They don\u2019t void those bets that should actually not be allowed in the first place, they baldly tell you via support how they will not be refunding you any of those bets. If the players would drop out atleast the day or or after the tournament; that\u2019s understand- but not 3 days prior to the tournament AND the fact that those bets shouldn\u2019t be allowed in the first place. Highest robbery. I can understand losing my money on a fair bet, but not a technicality. UPDATE:Thank you for your reply, common sense says that if a player does not play prior to an event even taking place, those bets should be null and void. It\u2019s common sense, and if you are saying it\u2019s a rule, then that rule is simply robbery. I also looked at the market rules and I do not see anything specific to that, nothing on golf rules at all. Nobody else has your policy. If you guys are listing players that are already not playing in the tournament and then still don\u2019t refund money for those pics, that is robbery, no other way around it. <\/p>\n
We hear your concern. Golf markets have rules that specify how player withdrawals are handled depending on timing.It’s important to review the specific market rules before trading to understand how these situations work. The rules are available on each market page.Thanks for the feedback.<\/div>\n<\/div><\/div>\n<\/p><\/div>\n
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I’ve been using the Kalshi app for a while now, and unfortunately, it has been a pretty underwhelming experience. The biggest issue is the extremely low liquidity. It\u2019s difficult to find markets with enough participants, and even when you do, the order books are so thin that getting in or out of a position without significant slippage is nearly impossible. This defeats the purpose of trying to trade predictions on real-world events, as the lack of activity makes the app feel almost unusable at times.On top of that, the fees are really high relative to what you can potentially earn. When you combine the low liquidity with the high costs, it becomes hard to justify any meaningful participation. Even if you manage to make some correct predictions, the fees eat into your profits so much that it hardly feels worth it.Overall, Kalshi has a promising concept, but with its current liquidity issues and costly fees, it\u2019s not a platform I can recommend for anyone looking to actively trade event predictions. Hopefully, these issues get addressed, but for now, the app just doesn\u2019t deliver.<\/p>\n<\/p><\/div>\n
Developer Response<\/span> <\/p>\n\n
Hey there, we are so sorry that you had this experience. Can you please email us at support@kalshi.com so we can look into this and fix it for you?<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n
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I’ve been using the Kalshi app for a while now, and unfortunately, it has been a pretty underwhelming experience. The biggest issue is the extremely low liquidity. It\u2019s difficult to find markets with enough participants, and even when you do, the order books are so thin that getting in or out of a position without significant slippage is nearly impossible. This defeats the purpose of trying to trade predictions on real-world events, as the lack of activity makes the app feel almost unusable at times.On top of that, the fees are really high relative to what you can potentially earn. When you combine the low liquidity with the high costs, it becomes hard to justify any meaningful participation. Even if you manage to make some correct predictions, the fees eat into your profits so much that it hardly feels worth it.Overall, Kalshi has a promising concept, but with its current liquidity issues and costly fees, it\u2019s not a platform I can recommend for anyone looking to actively trade event predictions. Hopefully, these issues get addressed, but for now, the app just doesn\u2019t deliver. <\/p>\n
Hey there, we are so sorry that you had this experience. Can you please email us at support@kalshi.com so we can look into this and fix it for you?<\/div>\n<\/div><\/div>\n<\/p><\/div>\n
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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. <\/span><\/p>\n9.9.92<\/span> 1d ago<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.91<\/span> 3d ago<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.90<\/span> 5d ago<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.88<\/span> Jun 29<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.87<\/span> Jun 29<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.86<\/span> Jun 27<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.85<\/span> Jun 26<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.84<\/span> Jun 25<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.83<\/span> Jun 24<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.82<\/span> Jun 22<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.81<\/span> Jun 17<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.80<\/span> Jun 12<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.79<\/span> Jun 10<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.78<\/span> Jun 7<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.77<\/span> Jun 4<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.76<\/span> Jun 3<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.74<\/span> May 29<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.72<\/span> May 26<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.71<\/span> May 26<\/time><\/p>\n<\/div><\/div>\n<\/li>\n\n\n
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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. <\/span><\/p>\n9.9.70<\/span>
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