Sport
Basketball game markets
Kalshi lists a YES contract for each team in each game, paying $1 on a win. The WNBA, NBA and college basketball boards live here, with a preview for every game we have prices for.
Season: WNBA runs through September and, in recent seasons, into October. The NBA regular season opens in late October. College basketball starts in November.
Pick a league
Three basketball hubs
Each hub shows Kalshi's open board for that league when one is live, and our guides when it isn't. We wire a board to a series only after it returns markets in a check we can date.
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Guides
Basketball
WNBA
Postseason games run through September and, in recent seasons, into October.
KXWNBAGAMEOpen hub -
Guides
Basketball
NBA
The regular season starts in late October. Game markets list closer to opening night.
KXNBAGAMEOpen hub -
Guides
Basketball
College basketball
The season starts in November. Markets checked closer to tip-off.
No series yetOpen hub
Previews
Every game we have written up
16 previews, Sep 20 to Sep 24. Each one carries the records, the injury report, the season series and the Kalshi price where a market is open, with the time we read it.
- Sunday, Sep 20
Can the Sparks beat Portland at home at even money?
Read the preview - Sunday, Sep 20
What is Las Vegas still playing for against Seattle?
Read the preview - Monday, Sep 21
Atlanta and New York meet twice in three days with seeding on the line
Read the preview - Monday, Sep 21
Dallas can clinch ground on Phoenix a day after beating them
Read the preview - Tuesday, Sep 22
Washington closes its home season against the league's worst road team
Read the preview - Tuesday, Sep 22
Portland closes its first season at home against the team that just beat it twice
Read the preview - Tuesday, Sep 22
Los Angeles visits Las Vegas two days after hosting Portland
Read the preview - Tuesday, Sep 22
Minnesota and Indiana is the best game of the final week
Read the preview - Tuesday, Sep 22
Two eliminated teams close out a season neither will remember fondly
Read the preview - Wednesday, Sep 23
Atlanta and New York meet again, 48 hours after the first one
Read the preview - Wednesday, Sep 23
Dallas visits Seattle with the Storm's season nearly over
Read the preview - Thursday, Sep 24
Washington's regular season ends at home against Chicago
Read the preview - Thursday, Sep 24
Los Angeles closes its season at home against Golden State
Read the preview - Thursday, Sep 24
Indiana at Minnesota decides where the top seed sits
Read the preview - Thursday, Sep 24
Las Vegas ends the regular season in Phoenix
Read the preview - Thursday, Sep 24
Two expansion-era sides close the season at Mohegan Sun
Read the preview
How a game market works
A team's price is a probability
- Each team gets a YES contract that pays $1.00 if it wins and $0 if it doesn't. A 52¢ price reads as roughly a 52% chance.
- You buy at the ask and sell at the bid. The gap between them is a cost you pay twice if you trade in and out.
- Kalshi's taker fee is 0.07 × contracts × price × (1 − price), rounded up to the cent. It peaks at 50¢, so the closest games cost the most to enter.
- That fee moves your break-even above the price you paid. A 52¢ buy needs about 53.75% to come out flat.
10 contracts, 22¢ buy, 35¢ sell order
| Buy 10 YES at 22¢ | $2.20 |
|---|---|
| Taker fee0.07 × 10 × 0.22 × 0.78 = $0.12012, rounded up | $0.13 |
| If the 35¢ sell order fills$3.50 back, minus a $0.04 maker fee if Kalshi charges one on that market (0.0175 × 10 × 0.35 × 0.65, rounded up) | +$1.13 |
| If it never trades and winsSettles at $1.00 × 10 = $10.00, minus the $2.33 cost | +$7.67 |
| If it never trades and losesSettles at $0. This is the most you can lose. | −$2.33 |
Fee formulas from Kalshi's fee schedule. Same numbers as our UFC 331 plan. An example, not a recommendation.
Trade Smart path
Related lessons
21+Only risk what you can afford to lose. Set a money limit before you start, take profits on purpose and stop when you hit your limit. Not financial or betting advice. Gambling problem? Call or text 1-800-GAMBLER, or call, text or chat 1-800-MY-RESET.
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