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 the Pro Football and Pro Basketball season. Trade real outcomes in a federally regulated prediction market. Perfect for sports trading, event trading, forecasting, futures-style markets, and real-world predictions.
It’s like trading stocks — but instead, you trade on events you understand. Predict whether an event will happen or not, and earn money if you’re right.
Join 10M+ users trading thousands of prediction markets across finance, weather, culture, sports, and more. Make money 24/7 on fast, simple event markets.
FINANCIAL MARKETS
Daily S&P 500, Nasdaq 100, WTI oil
ECONOMIC MARKETS
Fed interest rates, Inflation (CPI), GDP, Recession, Gas prices, Mortgage rates
CLIMATE MARKETS
Hurricane strength, Daily city temperatures, Tornado numbers
CULTURE MARKETS
Billboard 100, Oscars, Grammys, Emmys, #1 Hits
HOW KALSHI WORKS
Kalshi is the largest federally regulated prediction exchange where you buy and sell contracts based on event outcomes. Example: NASA announces a manned mission to the moon. Contract prices reflect trader probability estimates. If you think the event will happen, you buy contracts. Contracts cost between 1¢ and 99¢ and can be sold anytime. At market close, each correct contract is worth $1.
TRADE SPORTS
Love day trading? Love sports?
Kalshi lets you trade on real sports outcomes across football, baseball, basketball, golf, MMA, tennis, and more.
Will Baltimore beat Philly?
Will the total score go over 45?
Trade pro and college sports with highly liquid prediction markets. Experience live sports trading with unmatched market activity.
HOW IS KALSHI REGULATED?
Kalshi is federally regulated as a Designated Contract Market (DCM) by the Commodity Futures Trading Commission (CFTC). Kalshi’s affiliate, Kalshi Klear LLC, is a CFTC-regulated clearinghouse that holds member funds and clears trades.
TRADE YOUR CONVICTIONS
Find prediction markets that match your views. If you think a recession is coming, trade recession and S&P markets. Put your money behind your forecasts.
REDUCE FINANCIAL RISK
Hedge against events that could impact your finances. If you hold stocks, trade Fed and inflation markets to help protect your portfolio.
KALSHI VS. STOCKS
Event contracts are direct. You trade the outcome of an event, not the future stock price of a company. Profits are not tied to company performance. No pattern day trading restrictions. Trade as much or as little as you want, anytime. In stock trading, you can be right and still lose money due to market sentiment or news. Prediction markets remove that layer.
KALSHI VS. OPTIONS
Event contracts are simpler. Options pricing depends on multiple complex factors. Kalshi contracts reflect straightforward event probabilities. No time decay. If the event odds stay the same, contract value stays stable.
HOW MUCH MONEY DO I NEED TO START?
Open and maintain a Kalshi account for free. Prediction markets require less capital than traditional trading, making it easier to diversify without risking large amounts.
ADVANCED TOOLS & API ACCESS
Build trading algorithms in Python with starter code and a dedicated package. Start in minutes with documentation. Backtest strategies using historical data. Access open-source tools from the Kalshi developer community.
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: Trade News & Sports Positive Reviews
Support is awfulI had to put a 5 star review so it would be seen but the stars overall don’t reflect my review. The app overall seems great from an outstanding view but my issue is this… I’ve applied, meet the requirements, and reached out to support about my application. I have gotten multiple useless responses from the AI support system saying a team member will be with me
within the hour, I receive no response after that, I also receive no message from a team member. I get responses in email but they tell
me that I couldn’t be accepted, which I already knew. I would just like to receive information on why, how do I get accepted from this point on. My college baseball teammates do trade on this app and the trading overall is easily 4 to 5 stars. The support and help is below 1, it is unbelievable. Please let me receive some valuable help!.Sports⚾️Version: 9.9.16
Great but never impovingKalshi hosts such a fun and legit market. It’s 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’re 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’t see the live percentages, score, graph, and profits all on the same page anymore. In sports, the teams you’re 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’t 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%..Echo3VXVersion: 9.8.98
App is really smooth. Better and cleaner than other brokersEvents trading is really sick. I’ve added them to my portfolio as a way to get more precise exposure on a number of factors that go into a stock. I wouldn’t be surprised if this trading instrument becomes massive.
The company has a lot of educational material, which made it easy to onboard and trade safely. I also like that there is no leverage right now, which makes it simpler and more safe. But I hope the company introduces leverage later down the line as traders build a track record.
The app flows well. It’s easy to understand and manage one’s exposure. I also like using the order book functionality: it’s much better than other brokers like IBKR for example, where the interface is so confusing and convoluted..RickmoezVersion: 3.0.3.9
Absolutely Fantastic!Kalshi is hands down one of the best apps I’ve ever used! It’s not just another trading platform — it’s an innovative, exciting, and engaging way to make decisions based on real-world events. The interface is sleek, user-friendly, and makes navigating the markets a breeze, even for beginners like me.
What I love most about Kalshi is the variety of markets. From political outcomes to financial trends and even weather predictions, there’s always something fascinating to trade on. The predictions feel grounded, and you can really see the effort they put into creating a smooth, seamless experience.
The app’s educational resources are a huge bonus too! They make it easy to understand the mechanics of trading and help you feel confident in making informed decisions. The support team is also top-notch — responsive, friendly, and always willing to help.
I’ve not only learned a lot but had so much fun using this app. Kalshi makes predicting the future feel like an exciting adventure, and it’s the perfect mix of entertainment and opportunity. Highly recommend for anyone who enjoys making educated guesses and getting rewarded for being right!.RotemHVersion: 9.5.31
AwesomeStarted playing around for fun when this first came out several years ago then kind of forgot about it, life got in the way. But then I came back but the platform had changed and my balance, only $400 or so, but my $400, was gone. I sent an email to customer service without a whole lot of confidence in getting a response, let alone a solution. But Noah reached out immediately and continued to reach out as the company acknowledged the problem and promised a solution. It took 10 days, but I was constantly looped and then boom, the money was there. Really a standout performance for which I am thankful and back on board having fun with it.
Good job all!.HammersqVersion: 9.6.46
Progressing backwardsI think this app is great in practice for placing money all sorts of things but kalshi is outright lying about bettors being sole reason going up or down. They odds change far to rapidly for that to be the case. And the numbers they put on the left side to show how much money is being placed on either side “live” is very clearly fake and meant to push you to one side or another. Not to mention that the odds almost don’t even matter anymore. If you take a position at 5% odds and it jumps to 12 you can still have a negative payout. That’s not how that works. Kalshi is suppose to function like a stock maker so if a stock goes up in that means you should be able to cash out positive fees aside. I feel like the app has gotten worse with these issues the longer I’ve had it.Hella cool guyVersion: 9.9.23
A little frustrating, but fun when it functionsI use this app frequently as I’m learning how to trade. I have had a couple of major issues with the app since I began using it a few months ago.
1. There are many times I cannot deposit money into my account. It will tell me there’s an error. I contact support, and the first few times, they responded quickly and corrected it after troubleshooting and realizing it’s on the end of the app.
2. They give you an option to cash out at the current price listed before the conclusion of the event if you choose. However, if you notice you’ve made a significant win, often you cannot cash out as “the price changes” during the process.
3. Sometimes, the win you think you’re cashing out decreases upon cash out. That’s infuriating because now you’re out of the bet completely at what you bought in at.
Recently, their customer service hasn’t been very responsive. Currently, I cannot add funds to my account the way I normally do. It is not an issue on my end. It just reads “Something went wrong” and to contact them. I reached out hours ago and haven’t heard back. Bummed I’ll miss out on betting on my game tonight….Snow White 22Version: 9.8.25
Was great until they absolutely scammed dozens of usDuring the Japan vs Korea WBC game I and many other live bet the spread Japan -1.5 during the 7th inning. It was listed as the main spread next to the money lines and total. However after the game was over and the bet hit the label changed to “first 5 innings spread”. There was zero indication it was the first 5 innings spread, a first 5 innings wasn’t even and option for most of the game. Regardless they shouldn’t even be selling a first 5 innings spread during the 7th inning. They scammed dozens of people for thousands of dollars and the support team never even gave us a response back. Terribly awful incident that ruined this app for me..NapbabsVersion: 9.9.30
FantasticEven though server lags occasionally with updating numbers on app, the API calls never lie! This is a trading bots paradise! I highly encourage all developers to put their trading ideas in ChatGPT and say they want a Kalshi bot! That’s what I did. Just paste the whole file with errors back in over and over and continually ask it to tell you back in plain English what it knows you want. Simple! Anyone can be a market maker now or automate their live trading strategy. I’m not even trying to sell a bot anymore because the profit earned from my bots alone is beating what sales would be. Thank you Kalshi for making this possible! True financial freedom. At last!.CaelumTataVersion: 9.9.13
Need helpSo I already notified kalshi about this, I really hope I get help because that’s all the money I had and I really need it to make it thought out the month, I was showing my little brother how this app works, I typed in the money I had in the app which was over 1500, just to show him how much I could of got if I won the bet so he just clicked on it, and ofc I couldn’t do anything bc there’s no confirm button it just instantly submits, and ofc I didn’t want to cash out bc I would’ve lost so much money, so I hoped it would win the bet but it didn’t, now I lost all my money and I really need help to get it back if not I’m screwed..Javiercuh777Version: 9.9.53
3.5millionThere was 3.5 million on Bernie sanders Greensboro rally where we were supposed to get words that he said. She did say every single word, but for some reason, Kalshi closed out and said no to everyone because the market crashed therefore Kelsey just walked away with $3.6 million after being fully invested into everyone and accepting all of those orders, Kelsey just paid out absolutely no one except for the people who selected no even though on the transcript and multiple media outlets said yes. To which the words which were said do not buy this 100% a scam. This is just another poly market ran by the big sharks..Xavierk2122Version: 9.9.20
AMAZINGI absolutely love this app. Apart from it being fun and engaging, this app changes sports betting forever. The days of placing black and white bets is gone…no more “I only get paid if this team wins or if this guy does this or that.” By buying positions and being able to sell or by more as games proceed is such an AWESOME mechanic. I love this. I’ve recommended it to everyone I know that bets on sports. I love this app man. So much fun. Not even to mention everything else you can bet on. This app is perfect…AND if all that wasn’t enough, when you want to withdraw any money, it hits your account in minutes. EVEN on the weekend. Kalshi has this game DOWN. Perfect. Beautiful..Deen HuckabyVersion: 9.8.47
The way this app works is so stupidI submitted my application almost like 4days ago and it still hasn’t been reviewed.
I’ve been locked out of using the platform this entire time.
Your own message says reviews take 24 hours, yet it has been well past that.
This delay is absolutely on your end. Plus
I’ve reached out your support team through email almost like 40 times in total and your support team never fixed this issue .This level of service is frustrating and unacceptable. Please do your job and this 24 hours ID verification section shouldn’t be THAT DEEP..2836389448Version: 9.9.20
Deposit feesThe app is awesome. Experience has been great thus far, however I was thrown off by the deposit fees in a recent update. I understand withdrawal fees with instant pay but I think adding deposit fees on top of this is pretty in convenient because when you put in a certain amount to make a prediction you expect to have that amount ready as payouts change with deposit amounts and time so it’s very time consuming to have to deposit twice because the fees made the initial amount Lower. Besides this the app is very cool to utilize.Sleepyx7Version: 9.7.23
Amazing Support Team and CommunityThere are so many awesome and highly intelligent people in the Support team and broader Kalshi community. When I reached out with an issue with the closing of a market, Noah and others on the team made it clear that my efforts were not wasted and they put their best effort into answering my questions and resolving my payout ASAP. Kalshi has everything you could ever want in a prediction market with an emphasis on convenience with huge potential gains. I’ve made $1000 over a few months as a complete newbie to prediction betting. It is a great learning experience and overall, it’s just plain fun. Shout out to all my fellow degens!.MeeeeeeeeeeeeeesVersion: 9.7.21
Mind Blowing AppI can't believe we live in a time we can bet on the most randomest things. things you wouldn't even think about, you can bet on. the possibilities are actually endless. bro like I work at Target, an Airport, and Costco and all of those checks still don't even equate to the money I've gotten on this app. like this is crazy man that this app exists in the first place. Please bet wisely, this app is actually legitimate from what I can tell. Real payouts as promised so far. Start small and then become addicted 🤝.@kstxckz_ IGVersion: 9.6.53
Kalshi SupportWhat do they say, “ You never get a second chance to make a first impression”?
I have been using services in this sector for a quite a while. Basically from the poker boom on. I have dealt with a variety of support services when using these companies and I have to say the most positive experience I have ever had was with Jack today. It was both professional and accurate. The email correspondence was timely and helpful. In short it was more than efficient. It made me comfortable dealing with Kalshi in the future and what more can you ask for when money is concerned..Cemory22Version: 9.7.72
[Edited review per update]Had a lot of issues with app performance which now seems to be fixed. There are still some bugs (ideas loading for a different market than the one you’re on) but nothing preventing using the app as previously. Overall, some very interesting markets and a fun platform. One questionable thing I’ve noticed is kalshi changed a contract that was already opening with held positions (BitcoinMinMax). I’m giving the benefit of the doubt that this will not be a common occurrence, however it is something to be weary of if you intend on entering a position with a large sum..HGreneVersion: 9.6.1
Kalshi excitement!!I normally don’t gamble…. but am so happy and excited that I did for the Presidential Election 2024!! I saw Kalshi advertised on RSBN and jumped at the opportunity the other day to deposit, just in time for my funds to clear today!! Representative Noah responded very quickly to my numerous newbie e-mails and was so informative, so helpful and so patient. I just placed a position for the race and am super happy and thrilled! Thank you Noah and thank you Kalshi for this Five Star experience, making this Presidential Election 2024 an even more exciting and unforgettable experience for me!!.DeborahCatVersion: 9.5.50
Free International Money Transfer 💸Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks! The cheap, fast way to send money abroad. Free transfer up to 500 USD!AdvertorialVersion: 9.9.70
Kalshi: Trade News & Sports Negative Reviews
Horrible supportLet 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’t 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..GodsNotRealBroVersion: 9.8.76
They steal your money on non participating athletesApp 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’t 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’s understand- but not 3 days prior to the tournament AND the fact that those bets shouldn’t 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’s common sense, and if you are saying it’s 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’t refund money for those pics, that is robbery, no other way around it..ArsBóVersion: 9.9.70
Disappointing Experience Due to Low Liquidity and High FeesI'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’s 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’s 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’t deliver..Anonymous11223321Version: 9.5.25
Unethical business practices, Terrible customer service, not up to date on live eventsI’ve used this app for the last few weeks and I lie the options to bet, but sometimes they don’t make since and keep games and events in the live section despite them being over misleading their users letting them bet on things that are over… it maybe a user error but in the chat on the app many people have this complaint.
The customer service is the worst I’ve ever had on a gambling or stock/duture. Trading platform. They auto close chats without response even if you stay in the chat. Than if you email they don’t repsond even after a few eeeks if I could give it 0 stars I would because a company and app should have great customer service in this day and age. Clearly they don’t practice ethical business practices I cn care less if I lose a bet but like can you help when your system is glitching or there are events saying live without being live.
I suggest if you want an app that practices ethical business and keeps up to date DO NOT USE THIS APP . Otherswise you should if you do not mind those issues.Buddy manleyVersion: 9.9.15
Avoid at All costs, scamI am new to betting and I want to try it out and see if I can win something. I placed a bet on Kalshi for $20 on the total rain inches. I live in Miami, and I know that for the month of February it hardly rained at all. So the choices on I betting were Above 1,2,3,4,5,6,7 inches. If I were to bet on 1 inch I wouldve gotten $323 I chose the lowest one thinking that the total rainfall in inches could not pass 1 inch. Seeing that was no other option below 1 inch I chose the lowest one to be safe. I saw a report say 1.18 and amongst other reports that said something similar. So I felt pretty good about my first bet. However, I was still waiting for the official result to be completely sure. 5 days later the official report came out and it said that it was below 0.10. So not only I lost money but no one won the bet when it was settled, meaning that all the money that was bet in does not go to anyone, and it goes to who knows where. So now the app feels like a scam that I just fell into. I will never place another bet on Kalshi ever again..SanakioVersion: 9.9.29
ScamThis app/company is horrible when it comes to support. I understand being a small team, but there is a line that has to be drawn. I made a bet of $30 to win $100 on the MMA fight this past weekend. Mind you, this is the same night I decided to try out this app to compare its functionality to Robinhood’s futures markets.
I completed the verification step and even received approval to make trades/bets. However, once the bet was placed and payout time had arrived, I tried logging into my account to collect and was met with, “Something went wrong, please contact support,” which, mind you, I did four days ago.
They only offer support through email—there is no support line—which is very odd and suspicious. Anyway, I included the issue as well as a screenshot. I also tried resetting my password to ensure it wasn’t user error, and that did not work for signing in, even after receiving a “Password changed successfully” message.
The support team had the audacity to ask if I still needed support and to simply reply. I have already waited four days and sent you my issue, and this is how you reply? Now I have to wait possibly another four days for some response.
I understand it’s not a lot of money, but it’s the principle. I sincerely hope they will find a way to help me out; otherwise, I’m going to social media and TikTok with my experience, as well as filing a complaint with the CFTC.
I cannot believe the lack of professionalism. STAY AWAY!!.CertifiedCryptoBroVersion: 9.9.23
App is complete TrashI think Kalshi is great. I use it every day, and it usually works well. That is, when I use it on the computer. My one star rating is for this app, and the app is just absolutely horrible. It is missing probably half of the functionality that is available accessing Kalshi on a desktop browser. I had hoped they would update the app to have more things that are available on the computer, but no, in their recent updates, they’ve actually regressed and taken out some functionality that was available on the computer. Want to bet unders on NBA player props? Get on the computer. I used to be able to bet yes or no on both sides of a contest on the app, but after the most recent update? I have to get on the computer. I really hope they start going in the other direction, but if they don’t I can’t even imagine trying to use Kalshi through the app. Heck, after this last update I would already consider the app unusable. Really hope to see some improvements come..User_547632Version: 9.9.08
Customer Support is Completely Negligent/Non-ExistentDuring a major football game, I was trying to place a bid. It did not show that there were delays or parts of the service down. I did not receive confirmation for bids I was putting in (my intention was just one bid), but once resolved, the app said all of them went through. This is not what I wanted, but I have been financially penalized by their lack of transparency and effective service, to the tune of $1200. I also am still waiting for a $600 crypto transfer from Coinbase to come through to my Kalshi account via their partner platform, Zerohash. They say it should take no more than 10 minutes, and if longer, to contact support. I have emailed and used the support chat feature (no apparent phone number to speak to an actual human btw) for Kalshi 7 times in the last week as well as emailed Zerohash. My $600 is still missing, and I continue to receive no response. Because of this, I cannot ethically recommend this app to anyone..DesertAppReviewerVersion: 9.9.10
ScamThe only reason platforms like Kalshi are able to operate is based on the fundamental assumption of user trust. However, once that trust is abused, a company loses all credibility—and Kalshi has officially hit that wall for me.
I went into this expecting a regulated, fair exchange, but the experience has been nothing short of a nightmare. From my perspective, they are not a company to be trusted. Whether it’s the way they handle trades or the lack of clear communication, the whole operation feels more like a scam than a legitimate financial platform.
If you value your hard-earned money and your peace of mind, stay far away. There are much more reliable ways to manage your finances in this city—for example, I’ve found that even high-stakes luxury businesses like La Bijouterie understand the value of a client's trust better than this place ever will.
Bottom line: Don't let the "regulated" labels fool you. If a company doesn't respect its users, it doesn't deserve to exist. Avoid at all costs..Set777Version: 9.9.24
Worst customer service experience ever for me!I’ve enjoyed using Kalshi since last November and was able to deposit just fine over 30 times until the end of June. When I tried again on July 7th, they had switched to a different payment company. I’ve had the most frustrating experience possible since that day. The problem still isn’t solved. No one has explained what the actual problem even is. The blame is put on me with some short automated response then they vanish. They just ignore the information I give, the questions I ask, and nothing is clarified.
It’s now July 23rd and I’ve had to start around 9 email support threads between Kalshi and Aeropay, their payment processor. I just get some short response with incorrect info like the bank account isn’t in my name or doesn’t have enough money then poof they vanish. I would wait days for responses.
If I start a new email thread with support then I get a response within 30 minutes with a different automated response based on different incorrect info.
Them: Don’t use someone else’s bank account.
Me: I’m not.
Them: Prove it.
Me: *Proves it*
Them: After validating we still show it’s not your account. Don’t use someone else’s bank account.
Me: Umm, it is my account though.
Them: *3 days later* We adjusted your account so you’re good now.
Me: It still doesn’t work.
Them: You don’t have enough money in the account.
Me: Your system is literally accessing my account and displaying to me that I do have enough.
Them: Please have double the money in the account before depositing.
Me: Ok, I did that and it’s still not working….
Them: *silence*.Dennis2510Version: 9.8.24
Worst onboarding experience everI signed up last month. Followed the instructions and submitted my application. I waited a week for verification before I reached out to customer support. Immediately I had to chat with an AI. Gave the AI all the information it asked then waited ANOTHER WEEK before a human reach out to me. I followed the representative instructions and was told to wait another 24 hours for account activation… it has been over 2 weeks and my account has not be activated. I reached out 3 days ago via chat support. Spoke with an AI again and still have not spoken to a human representative.
This app is horrible, customer service is trash, and the only reason I wanted an account was for the API key. I will gladly take my trades to Robinhood. I ever heard of Kalshi not paying out users for certain trades. Robinhood and Polymarket are the clearly better options.
To Kalshi team you should invest in customer service because your AI is trash.Mellymel98Version: 9.9.30
Kalshi Refuses to Honor Their Idea of “Bet on Anything”You know, I grew up loving hockey. Me and my Pop would toss the ole biscuit around on the sheet in the Himalayan-esque conditions on the pond in the ole Suscatch. After his sudden, unexpected passing from anal-gland collapse, all I’ve ever been able to do to still feel him on the other side is when playoff puck is on.
So here I am, watching every stinkin tilt coming my way. B’s collapse to Buffalo, Pens down 2-0 in the series. And all I keep seeing are these gosh darn Kalshi promos. At this point, all I can think of when I hear Kalshi is my Pop. So, I decide to give the app the ole twirl and whirl. Select the Pens to fire back and take Game 3, slide on over to politics and snag me a World War 3 starting date and the next world leader to get canned to finish off me parlay. Slide a fat hundo into the wager amount box, and get a big fat “cannot parlay these markets”. What a waste of my stinkin time, and shame on you Kalshi. .Seymour Buttes 69Version: 9.9.58
Don’t use this appOverall seemed like a nice app, great set up. But adding funds is a whole headache. ABSOLUTELY NOT WORTH IT- and a waste of time & putting in ur SSN. It says you can use discover , BUT when you try and ask the the assistance bot for help, they tell you can’t- even tho it clearly states you can in the app . It declined my debit multiple times - I have more then enough funds . And the only method I was offered was PayPal or Venmo , which I do not have .yet regardless would be connected to me two other cards which I’ve tried . Or direct bank- which is a minimum of $250 deposit - which I’m not doing because clearly this app is illogical . If you can’t use discover change what it says because you’re promoting incorrect info to your customer in regards to payment methods . Had lots of hopes but definitely am let down with how this app works . Gonna keep my eye out for better one.Ny.lynVersion: 9.9.51
Customer serviceAbsolutely horrible experience with Kalshi. I tried depositing $25, but the app kept saying there were “connection problems” and wouldn’t process the payment. I retried multiple times because nothing showed up in my account. A few days later, I checked my bank account and saw THREE separate $25 charges taken out, yet none of the money was ever credited to my Kalshi balance.
To make things even worse, instead of actually helping resolve the issue or refunding the missing money, support sent me a generic message saying they reviewed my account and were “unable to continue offering services” with no explanation at all. They closed the case without fixing anything.
So now I’m missing money, locked out of the platform, and left with zero answers. For a financial app, this is completely unacceptable and if I could I’d leave zero stars as well..KalshiaszVersion: 9.9.72
How Is This Even Allowed on the App Store?Absolutely unacceptable experience. I’ve used countless trading and prediction apps, but this one takes the award for the most infuriating and careless platform I’ve ever touched. The live scoring system was completely wrong, mismatched the actual NCAA game, and the app presented blatantly incorrect data at the exact moment I placed a trade. When the mistake became obvious, support responded with nothing but robotic copy-and-paste templates that ignored every point I raised.
There was zero accountability, zero investigation, and zero effort to actually look at the issue. They just repeat the same script like nobody actually reads messages. For a platform handling real money, this level of negligence is insane. If your data feed is wrong, if your market is mislabeled, if users are relying on your interface, then pretending it’s “not your responsibility” is beyond ridiculous.
The experience was so bad it felt like shouting into the void — no real support, no escalation, no transparency, no resolution. If this is the best they can offer, I genuinely don’t know how they expect anyone to trust them with a single dollar.
Avoid this app. The customer service is slow, dismissive, and hides behind template replies instead of addressing real issues. Absolutely terrible experience from start to finish..The genuine reviewerVersion: 9.9.01
Habitually abuses fine printI’ve seen people complain about “fine print” on Kalshi specifically and didn’t believe the severity. I read the fine print and accepted the risk before getting in. Today I should’ve won $5k from one of their markets.
The subject of the market died so they did a payout of the last value. All good on paper but the value they chose was BEFORE there was a single report of his death, BEFORE anything significant started to happen in the region, and COINCIDENTALLY was the lowest payout of the entire history of said market. Bought at 8% odds and somehow got paid out at 6% despite every single indicator leading to to the event should’ve *and did* push the value up to as high at 20% odds.
I had an accurate prediction and they got me on a technicality, then they manipulated reality (the timing of the events) to steal as much money as possible from the people they rug pulled. Do NOT use this app..Kyle diggsVersion: 9.9.24
Legal ScammersI placed five separate bids on an event that had already been canceled for two days. Despite the cancellation, the event remained active for trading, which led me and likely many others to continue investing without being aware of the situation. As a result, funds were committed under misleading circumstances while the platform continued to accept trades.
It is extremely concerning that the event was not promptly removed or clearly marked as canceled, allowing trading activity to persist. Additionally, the lack of accessible human support has made this situation more frustrating, as my only available assistance has been an automated chat system providing generic, prewritten responses.
Overall, this has been a very disappointing experience and falls far below the standard I would expect from a financial platform. I would appreciate a clear explanation of what occurred and a resolution to address the funds involved..Cadavers5467Version: 9.9.63
App Crashed, Funds Missing, No Support - Extremely FrustraingI wanted to share my experience with the Kalshi app and unfortunately it’s been very disappointing. My friend and I placed a $100 Super Bowl bet but the app crashed so the bet didn’t go through which I was okay with. The next day I saw the funds were still available so I transferred them out to my betting account. Then out of nowhere the app said the bet was placed on February 9th and it disappeared from the app. I made a debit card transfer which per their policy should take no more than 5 to 7 business days. It’s now February 25th and no funds no resolution. I’ve emailed them multiple times and spoke to several representatives but no one has given me a direct answer. To make matters worse all my messages disappeared unbelievable. This level of unprofessionalism is not okay. Please Kalshi fix this and respond promptly..Ep AVersion: 9.9.23
Disruptive/manipulative trading activitiesKalshi is inconsistent in how they manage the cut off time for trading options. For most options, such as sports games, they will allow trading even after the event has concluded and will profit off of your loss. However, when there is an option that will result in a financial loss for them, they will cut off the trading time short and will not let you cash out before the event or activity has concluded/been confirmed to the public. In this case, the event concluded > 4 hrs after they froze trading, making it impossible for me to cash out on my options and making a profit.
Because of this practice of closing trading before the event has been confirmed to the public, I lost over $9000 in potential earnings that I would’ve earned on a different platform such as Polymarket, which did not freeze trading for the same event..Rach4musicVersion: 9.9.24
Asks for ID on every deposit and hides feesNo idea the fees for this. I deposited $2k and immediately only had $1,900 after trading. So it looks like they are charging a 5% market maker spread despite not disclosing that. So there are some substantial fees being charged that aren’t disclosed or at least I couldn’t find them after looking for a few minutes. Normally spreads are disclosed at the time of trade. This makes me want to use the other companies that have the exact same type of event contracts. Also, they made me show my drivers license a few days ago and then wouldn’t let me deposit from my bank. I just went to deposit again and they want my drivers license yet again. Also they charge a 2% deposit fee alone if you use a debit card. So some transparency would be nice. There is a tx spread or something they are charging that is not disclosed..John A——Version: 9.8.36
Cool exchange, Awful appI’m enjoying trading on Kalshi - lots of markets, lots of opportunities if you know what you’re doing. But the app is AWFUL. Like “regulators should step in” awful. It doesn’t display positions properly, often requiring the app to be force closed before the positions will display properly. Confirmations come in and then aren’t reflected in the app - orders that have been filled often still show as open, again until the app is force closed and reopened.
If you raise this to support, they just tell you to use the web or redownload the app. That is NOT acceptable. Kalshi MUST fix this - traders cannot be put in a position where the exchange’s own app is showing incorrect order and position info - this is completely unacceptable for a regulated entity like Kalshi.
Also, they really need to clarify some of their rules. A trader should be able to read the full rules and understand what they are trading - it is unacceptable for there to be hidden rules and interpretations that are only found out when contracts expire. I can take advantage of this since I know how it works, but it’s just not how a market should operate.
ETA: Ooh an update! Surely they fixed… oh. Oh no. They made the colors harder to tell apart and fixed nothing. Oh dear.
ETA again: I’m dropping it from 2 stars to 1 star. Their tech is just a disaster. Trying to get support is impossible - the AI will say it’s transferring you to a person and then it just goes into the abyss. Their documentation is so outdated that their own AI gives you wrong instructions on how to use the site, referring to things that don’t exist. Notifications randomly stop working. Orders display incorrectly. What a train wreck..Bibster111Version: 9.9.20
Major trust issuesBe mindful that Kalshi reserves the right, at their own discretion, to determine the final outcome of a contract regardless of what did or did not factually occur.
For example, the Bernie Sanders speech on Feb 12th, 2026 in Greensboro, NC, has yet to be verified by the officially listed news agencies. However the contract has been closed as “No”. Within the rules for the contract, Kalshi staff is to utilize video from the event but that video source isn’t specified in those rules.
Because none of the listed, major news agencies covered the event and there is no transcript, Kalshi is treating it like it didn’t happen; effectively cheating anyone who held a “yes” contract on a word or phrase that was factually spoken in the speech out of their correct pick(s).
When asked for clarification from Kalshi support, no explanation or clarification has been produced. They cannot tell you how they came to the conclusion they did. What has been produced so far is a plea to trust that Kalshi staff has followed the rules.
This feels extremely shady. At the very least, Kalshi should refund all positions and amend their rules to address this rather than lean on a generalized, “we have the final word” rule.
Very disappointing and makes one question how trustworthy Kalshi truly is..Disappearing_ReasonVersion: 9.9.20
Read the Warnings carefullySo what I’m going to say here about Kalshi is not simply because I lost money. I have both won and lost on the platform, so I do not see Kalshi as inherently good or bad. But I do want to give a serious warning about what the platform really feels like from a user perspective.
First, in my experience, Kalshi does not provide real customer support. I opened several tickets regarding different concerns, and not once did I feel that someone genuinely cared about understanding or resolving the issue. Most of the responses felt like copied and pasted templates that did not even address the actual question. Often, after one or two exchanges, the rest of the messages were ignored and the ticket was simply closed.
The second issue is more concerning. In some markets, especially when the outcome depends on a private organization or a small information source, the timing and movements can feel suspiciously coordinated. It creates the impression that people with insider information may be participating in the same markets before the public fully understands what is happening.
Whether that is true or not, my point is this: if you want to use prediction markets seriously and not simply gamble, you should be very careful about which markets you participate in. Markets tied to transparent and reliable public institutions are much safer than markets depending on small private entities or unclear information pipelines.
My personal conclusion is that Kalshi functions mainly as a middleman platform. I do not personally feel that they invest enough effort into protecting users, investigating suspicious activity deeply, or creating the level of trust and fairness that many users expect from a financial prediction market.
So be careful..BobbyusbVersion: 9.9.68
SCAMThere was a very clear stating “ number one search person on Google this year” I vote voted for Donald Trump and so did thousands of other people as it was pretty obvious Trump would win. Then with less than 24 hours left, there was a rap artist that came out out of nowhere with the number one searches for within 24 hours and that’s what ended up winning and nowhere does it state it uses trending for the termination of the winner. It says number one search person not number one trending it is disgusting. I want my $150 back and also what most likely happened was people set up a bot farm and started spamming that artist name to cash out big that’s what happens on this app if you have a bot farm you can completely sway the Oz in your favor. Do not get this app. I’m uninstalling and never using it again..MKFM_HDVersion: 9.9.03
ScammersI’m writing this after a very disappointing experience with Kalshi. The platform did not follow its own written rules when resolving a market. I have screenshots of their official event rules and the government source data they themselves cited, which clearly show that the outcome should have gone the other way.
Even worse, Kalshi support has not responded to my messages or provided any explanation. For a platform that claims to be regulated and transparent, this is unacceptable. Users make decisions based on the published rules — if Kalshi won’t follow those or stand by official sources, the integrity of the entire system comes into question.
Until Kalshi takes accountability and corrects this issue, I cannot recommend using this platform. Traders deserve transparency, fairness, and actual rule enforcement — not silence and inconsistency..Dontusethisapp98Version: 9.8.90
Extremely deceptiveThey lock the money you win up considered a “regulatory hold” for months and even worse they will not clearly state the rules on topics. For instance a word has 85% of being said in a speech while the extract same word in a different context only ranked 7% chance. Reading through every aspect of the rules and terms and conditions (even analyzed by 3 different large language models) and the conclusion was that the word did not have to be used in context (the word “context” itself never even showed up in the terms). The terminology was so deceptive that it even tricked multiple different ai platforms that fully analyzed the rules/T&Cs. He ended up saying this particular word and the bet was still lost. You’ll have better luck betting in casinos. Do not waste your time this app is a scam..The Parking GuruVersion: 9.6.59
Read Your Bed Carefully Before SubmittingThere was a bet for predictions over key phrases at The White House Christmas Reception. It was a funny bet so I placed a small one only to realize after that the date of the reception on the bet was wrong. Since the date was wrong, none of the phrases were said on that specific day for the reception making it impossible for anyone to actually win. I started doing some digging and found a lot of bets like this with a ton of complaints in the comments for each one. The app’s official stance was no refunds even though each of these clearly had a detail within them that made them impossible to win. Until they have a system in place for reporting fraudulent bets, this app can’t actually be fun and is just a complete rip-off..Mel 01234Version: 9.9.63
Misleading events that takes your betsVery cool concept and easy to use but there are so many ways you can lose your money with no chance of winning. 1) betting on an event that says is live or is coming up but in reality it has already passed and the bets it allows you to place are only the ones that give you a losing outcome. 2) betting on event that is live. It is very good at updating the odds but the actual event score and time left of the event is way off. The game could be over on reality but on their app it says halftime or similar. Make sure to look up all events you’re betting on to see the actual status and DO NOT rely on the false and outdated game status it’s presenting. Very easy to donate to this platform due to the blatant lagging of their interface but the bets will happily be taken..DistancingdistancingVersion: 9.9.15
Scam - specifically mention betI made a bet on announcers at lakers vs okc NOT saying a word ‘ankle’. I was watching the official NBA stream AmazonPrime from the start to the end. I never heard ‘ankle’ and all of sudden in 4th quarter, it resulted as ‘yes’. Game ended, bet closed, I rewatched the whole stream excluding commercials. I never hear a word of ankle during the AmazonPrime stream. I try to report a dispute, only thing they have is chat with ai bot which keep saying look at the rulebook. Later it says I will connect you to the team to look into this further and never did. This is a complete scam as we have an access to the actual stream and verified myself twice that it was not said but it resulted as ‘yes’. They are a COMPLETE scam and you no customer service at ALL. Dont waste your time and money..Gnsrn0211Version: 9.9.48
A very polished, non functional experienceFrom the looks of the sign up, sign in, and loading screens it appears they’ve hired some people to make a beautiful application. I imagine they make some decent money on people’s gambling habits and they spent it all on aesthetics without thinking that customers need to be able to actually use it.
First it failed to create an account, so I tried again. Then it said the account already existed. Okay, whatever, guess I’ll sign in. Then I go to sign in and it just spins forever until I get another error.
Then I see other people saying they can’t even make a deposit.
First impressions are everything and I have better experiences on websites that look like they were built in 1997. They probably hired or underpaid some college interns to build the app itself but spent their money on a senior developer to make it really pretty and place constant advertisements everywhere.
Why you would start a heavy marketing campaign before having a functional product is beyond me.
Can’t imagine I’ll want to return to the app once and if it ever gets itself together..T!!!!!!!!!!'Version: 9.9.03
This is about the ads in other appsThe app does what you expect. This review is to simply point out that not a person alive wants or needs 2+ minute ads from Kalshi in all their other apps. Other ads are typically 30 seconds or less. Kalshi’s ads are over 2 minutes. These are the types of things that make me not even want to use Kalshi. Shorten the freaking ads please. Most people who have to watch something that long while on another app are simply pushed away from using your product. This is common sense here.
I dropped my rating down 2 stars for each minute of their ridiculously long ads and another for having to point out this stupidity..Dylanation37Version: 9.9.08
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