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. 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, Crypto
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

Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it's appropriate for you in light of your personal financial circumstances. Prices may not be live and are subject to change. See kalshi.com/regulatory for more information. Federally regulated event contract exchange. Users over the age of 18 are able to register and trade.
Kalshi combines prediction, prediction market mechanics, and flexible trading in one federally regulated platform.

Kalshi: Trade Events & Sports — Old versions

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