Prediction markets like Kalshi are financial exchange platforms where users trade contracts tied to the outcomes of unknown future events. With real people involved, this reflects the market's collective estimate of probability of an event. Hence it is also called an event contract. There are 2 options. You either buy a “Yes” or a “No”. Each option costs between 0 and 1 excluding commission. If you guess right, you will get a total of 1. If you guess wrong, you will get 0. You can also sell your contract earlier by closing the contract, to either take profit earlier or minimise your losses.

We offer all the products available on Kalshi.

Prices on Kalshi are determined by real-time supply and demand. They reflect the collective market probability of an event occurring, trading as fractions of a dollar (from $0.01 to $0.99). For example, if a "Yes" contract is trading at $0.70, the market implies a 70% chance of that event happening.