Kalshi Football Update! 🏈
Kalshi users can now trade contracts with point spreads, totals, touchdown props (TD props), and now Parlays for football games! 🎉
This exciting update gives traders even more ways to speculate on game outcomes, combining multiple bets into one for bigger potential payouts. Event contract trading on Kalshi just got more engaging and dynamic – all within a fully CFTC-regulated platform.
Kalshi Review – Inside the World’s First CFTC-Regulated Event Contracts Exchange
Event-based trading has existed in some form for decades, but until recently, it operated in a legal gray zone in the United States. That changed when Kalshi launched as the first federally regulated exchange devoted exclusively to event contracts.
Today, traders can use Kalshi to speculate on or hedge against the outcome of yes-or-no questions tied to real-world events — everything from macroeconomic announcements to weather extremes. And now, football fans can trade on point spreads, totals, TD props, and Parlays, making Kalshi the only fully CFTC-regulated platform where sports trading meets event-based speculation.
This comprehensive review will walk through what Kalshi offers in 2025 — its features, pros and cons, fee system, regulatory background, and how it compares to competitors. We’ll also cover what real users are saying and whether it’s the right fit for your trading style
Short on Time? Kalshi At a Glance
| Feature | Details |
|---|---|
| Founded | 2018 |
| Founders | Tarek Mansour, Luana Lopes Lara |
| Headquarters | New York City, USA |
| Regulator | Commodity Futures Trading Commission (CFTC) |
| Tradable Assets | Event Contracts (including football point spreads, totals, TD props, and Parlays). |
| Minimum Deposit | $5 |
| Deposit Methods | ACH transfer (free), Debit card (2% fee) |
| Withdrawal Methods | ACH transfer (free), Debit card (2% fee) |
| Interest on Cash | 3.75% APR |
| Platform Availability | Web and Mobile (iOS and Android) |
| Customer Support | Email only |
| Account Funding | Immediate partial funding on ACH deposits |
| Fees | Variable transaction fees on trades |
Navigate This Kalshi Platform
| Questions about Kalshi? | Jump To |
|---|---|
| What is Kalshi? | Learn about Kalshi & its Platform |
| In which states is Kalshi available? | Kalshi availability across US states |
| How do I register on Kalshi? | Step-by-step guide to registering |
| Is there a welcome bonus for new users? | Current Kalshi deposit bonus info |
| What markets are available on Kalshi? | Explore Kalshi’s diverse markets |
| The Basics of Event Contract Trading | How Trading Event Contracts Works |
| What are the pros and cons of Kalshi? | Discover the Pros and Cons of Kalshi |
| How can I deposit and withdraw funds? | Details on deposit and Withdrawals |
| Does Kalshi have a mobile app? | Info on Kalshi’s mobile app platform |
| What fees does Kalshi charge? | Overview of Kalshi’s fee structure |
| Is Kalshi a legitimate platform? | Kalshi’s regulatory & legitimacy details |
| How do I get help on Kalshi? | Contacts and Customer Supports |
| Our Personal take on Kalshi | Our summary & final thoughts on Kalshi |
| Frequently Asked Questions | Kalshi FAQs |
What Sets Kalshi Apart?
Kalshi’s existence is itself a milestone. Founded in 2018 by MIT graduates Tarek Mansour and Luana Lopes Lara, the company spent two years securing regulatory approval before going live in 2021. Its biggest selling point is legitimacy: the CFTC regulates Kalshi just like it does major futures exchanges.
In 2025, Kalshi expanded into sports event trading with football markets that now include point spreads, totals, touchdown props, and Parlays, giving traders more dynamic ways to speculate on game outcomes.
The contracts themselves are refreshingly simple. Each market asks a yes-or-no question. A YES share pays out $1 if the event happens; otherwise, it expires worthless. A NO share pays $1 if the event does not occur. Pricing is set in cents, which directly reflects the market’s implied probability.
Example: If a YES share is trading at $0.65, the market consensus indicates a roughly 65% chance that the event will occur.
In which states is Kalshi available?
Kalshi is licensed to operate in all 50 US states. The platform is currently US-only but has signaled its intention to expand internationally, with a waitlist available for non-US residents. Eligible states include:
- AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY.
Find out if you State is part of the legal States to ensure you can access Kalshi’s markets and start trading legally.
How do I register on Kalshi?
Before you can trade, you’ll need to create an account and verify your identity. The process is streamlined but thorough to comply with regulatory requirements.
Step-by-step Registration:
- Visit Kalshi Website or Download App:
Go to kalshi.com or download the Kalshi app from the Apple App Store or Google Play Store.
- Click ‘Sign Up’:
Enter your email and create a strong password. In fact, you can already access your account at this moment – though you will have to continue to verify to start playing
- Email Verification:
Check your email inbox and click the verification link.
- Identity Verification:
Upload a government-issued ID (driver’s license, passport), and provide your date of birth, Social Security Number (SSN), and residential address. This step is mandatory to meet anti-money laundering (AML) and know-your-customer (KYC) regulations.
- Link Bank Account:
Connect a U.S. bank account via secure ACH transfer for deposits and withdrawals. Debit card funding is also supported, but incurs fees.
- Fund Your Account:
Deposit funds through ACH or debit card to start trading. Kalshi offers immediate partial funding on ACH deposits so you can trade without delay.
Once verified and funded, you’re all set to trade event contracts.
Does Kalshi Have a Deposit Bonus?
Kalshi does not offer a traditional deposit bonus but provides a sign-up bonus for new users. Here’s how it works:
Sign-Up Bonus ($10)
To qualify, you must:
- Sign up using the referal code: TRUSTNBET
- Verify your identity.
- Deposit funds into your account.
- Make at least 100 trades.
Once completed, you’ll receive a $10 bonus credited to your account.
Referral Program
Kalshi also has a referral program where you can earn bonuses by inviting friends:
- After your first trade, you’ll get a unique referral link/code.
- When a friend signs up using your link and completes $100 in trades, both of you receive a $10 bonus.
This bonus is available exclusively to U.S. residents in eligible states. It’s a great way to get started and explore Kalshi’s unique trading platform with extra funds. Speaking of welcome bonus, explore the best and latest betting promo codes in the U.S to take advantage of some exclusive perks!
Range of Market Categories
No other regulated US platform offers as many event markets as Kalshi. In 2025, you’ll find contracts across:
| Market Category | Description / Examples |
|---|---|
| Politics | U.S. elections, legislative outcomes |
| Sports | Winners and outcomes in major sports. New: Point spreads, totals, touchdown (TD) props, and Parlays for football games are now available. |
| Culture | Entertainment awards, social trends |
| Crypto | Bitcoin price movements, crypto events |
| Climate | Temperature, weather forecasts |
| Economics | Jobless claims, GDP growth rates |
| Mentions | Company and brand-related events |
| Companies | Corporate earnings, mergers |
| Financials | S&P 500, Nasdaq index predictions |
| Tech & Science | Technological breakthroughs, space events |
| Health | Epidemic trends, medical approvals |
| World | Global political or social developments |
🔥 Football Trading Just Got Better!
Kalshi has expanded its sports markets to include point spreads, totals, touchdown props, and Parlays for football games. This gives traders more flexibility to speculate, hedge, and build multi-leg strategies – all on a fully CFTC-regulated exchange.
For some fans, it might pay off to equip yourself with some expert picks for U.S. sports when making your calls on some popular sports.
How Kalshi Event Contracts Work — A Closer Look
Event contracts are distinct from traditional investments in three important ways:
- Binary Outcomes
There are no partial wins — your position is either correct or not. - Fixed Settlement Price
A correct prediction always pays $1 per share, and an incorrect one pays $0. - Probability Pricing
Prices reflect the market’s estimate of an event’s probability, allowing for both speculation and hedging.
For example, if you’re a farmer concerned about drought, you might buy YES contracts on “Will rainfall in July be below X inches?” so that a bad weather outcome brings you a trading profit to offset crop losses.
Still on the sidelines? Explore how prediction markets work, and dive deep into Kalshi’s huge trading markets!
Pros and Cons of Using Kalshi
| Pros | Cons |
|---|---|
| Large and diverse selection of event markets | Only event contracts are tradable assets |
| Earn 3.75% interest on cash and open positions | Complex and confusing fee structure |
| User-friendly platform with clean UI | No instant deposits (except limited ACH) |
| Available on both web and mobile apps | Customer support is only via email |
| Immediate partial funding on ACH deposits | Low liquidity on some markets |
Deposit and Withdrawal Methods
Funding your Kalshi account and withdrawing funds are simple, but come with a few important details:
| Deposit Method | Limits | Processing Time |
|---|---|---|
| Debit Card | $2,500 max every 24 hours | Immediate |
| Bank Transfer | $10,000 max | Instant |
| Crypto | $500,000 max daily | Under 30 minutes |
| Wire Transfer | $1,000 minimum | Same business day or next day |
Important Notes:
- ACH transfers are the preferred method due to no fees and decent processing speed.
- Debit card deposits and withdrawals are faster but incur a 2% fee.
- Kalshi does not accept credit cards or third-party payment services like PayPal.
Kalshi Mobile App
Kalshi offers a robust mobile app for iOS and Android, which perfectly complements its web platform.
Features:
- Clean, Intuitive Interface: Markets are categorized clearly with real-time prices.
- Quick Trade Execution: Vital for fast-moving markets.
- Portfolio Monitoring: Track open positions and balances on the go.
- Live football trading: The app now supports live football trading with real-time odds and multi-leg Parlay capabilities, ensuring traders can stay on top of every game.
- Custom Notifications: Alerts for market events and resolutions.
- Secure Login: Face ID and fingerprint support.
If you’re like me, who fancy playing on the go, our list of best mobile sports betting apps should prove resourceful.
Kalshi Fee Structure Explained
Kalshi’s trading fees are based on maximum potential earnings multiplied by the trade’s implied probability. This means fees scale with both contract price and the likelihood of a winning outcome.
Here’s the official 2025 fee schedule:
| Price of 1 contract | Fee for 1 contract | Price for 100 contracts | Fee for 100 contracts |
|---|---|---|---|
| $0.01 | $0.01 | $1 | $0.07 |
| $0.05 | $0.01 | $5 | $0.34 |
| $0.10 | $0.01 | $10 | $0.63 |
| $0.15 | $0.01 | $15 | $0.90 |
| $0.20 | $0.02 | $20 | $1.12 |
| $0.25 | $0.02 | $25 | $1.32 |
| $0.30 | $0.02 | $30 | $1.47 |
| $0.35 | $0.02 | $35 | $1.60 |
| $0.40 | $0.02 | $40 | $1.68 |
| $0.45 | $0.02 | $45 | $1.74 |
| $0.50 | $0.02 | $50 | $1.75 |
| $0.55 | $0.02 | $55 | $1.74 |
| $0.60 | $0.02 | $60 | $1.68 |
| $0.65 | $0.02 | $65 | $1.60 |
| $0.70 | $0.02 | $70 | $1.47 |
| $0.75 | $0.02 | $75 | $1.32 |
| $0.80 | $0.02 | $80 | $1.12 |
| $0.85 | $0.01 | $85 | $0.90 |
| $0.90 | $0.01 | $90 | $0.63 |
| $0.95 | $0.01 | $95 | $0.34 |
| $0.99 | $0.01 | $99 | $0.07 |
Additional Fees:
- No membership fees
- No settlement fees
- 2% fee on debit card deposits and withdrawals
Is Kalshi Trustworthy?
From a regulatory standpoint, Kalshi is as legitimate as it gets for a prediction market. It operates under direct oversight from the Commodity Futures Trading Commission (CFTC), uses clear settlement rules, and publishes transparent fee schedules. Its backers include notable financial names like Charles Schwab and Henry Kravis, along with top-tier venture capital firm Sequoia Capital.
Kalshi Help Center & Support
Kalshi provides helpful resources to assist you with trading and using the platform.
Help Topics
- Kalshi 101: Basics of using Kalshi
- Account: Manage your account
- Transfer Funds: How to deposit and withdraw
- Trading: How to trade event contracts
- Markets: Explore available markets
- Navigating the Exchange: Tips for Using Kalshi
- Documents and Taxes: Tax info and reports
- Bug Bounty Programs: Help improve security
- Kalshi API: For developers
Get in Touch
- Contact Kalshi Support: [email protected]
- Kalshi Merch: Official merchandise
- Connect with Kalshi: via Discord, X(Twitter), LinkedIn, TickTok
My Personal Take on Kalshi
I think Kalshi is really carving out a unique space in the financial world. What I like most is how it brings regulated event contract trading to everyday investors like me. The variety of markets, from politics to sports – now with football point spreads, TD props, totals, and Parlays, to weather, is impressive, and the fact that I can earn interest on my idle cash while holding positions is a nice bonus. Using the platform feels smooth and intuitive, whether I’m on my laptop or phone, and knowing it’s regulated gives me confidence.
That said, Kalshi isn’t for everyone. If you’re like me and also want to trade stocks or ETFs, you’ll need to use other platforms because Kalshi sticks strictly to event contracts. The fee structure took me a minute to wrap my head around, and I noticed that some markets don’t have a lot of liquidity, which can be frustrating.
Overall, if you’re curious about trading real-world events in a regulated environment and want an easy-to-use platform, I’d say Kalshi is definitely worth a look. It’s not perfect, but it’s an exciting way to engage with markets differently.
Kalshi Frequently Asked Questions
Kalshi operates in all 50 US states. If you want to find out if your state is part of the legal states where Kalshi operates, you can check their official website for the most current list.
Yes! New users receive a $10 bonus after signing up, verifying their identity, depositing funds, and trading at least $100 on event contracts. This bonus is available only for U.S. residents.
Kalshi charges variable transaction fees based on the trade’s implied probability and contract price. Debit card deposits and withdrawals incur a 2% fee, while ACH transfers are free.
Yes! Kalshi now offers football trading markets with point spreads, totals, touchdown props, and Parlays. Traders can speculate on game outcomes in a fully CFTC-regulated environment, making Kalshi a unique and safer alternative to traditional sports betting platforms.
Absolutely! With the new update, traders can combine multiple football trades like spreads, totals, and touchdown props into Parlay contracts for higher potential payouts. This makes football trading on Kalshi more dynamic and engaging than ever before.
Absolutely. Kalshi is regulated by the Commodity Futures Trading Commission (CFTC) and backed by reputable investors. It’s a trustworthy alternative to online sports betting sites in the U.S
Kalshi provides customer support via email. You can also access their Help Center with topics covering account management, funding, trading, and more.