World
Golf outright markets
Golf markets are mostly outrights: one YES contract per golfer that pays $1 if that golfer wins the tournament. With a full field, most golfers are long shots, and long shots are where spreads get wide.
Season: Tournaments most weeks. Outright markets can list months ahead.
Live from Kalshi
Open Golf markets
YES prices in cents from Kalshi's public data. Only markets that close after right now are shown, grouped by tournament.
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Source: Kalshi public market data, series KXPGATOUR, checked for this page on Sep 19, 2026. Prices can be a few seconds old. They are market prices, not our picks and not a recommendation. PM Countdown isn't affiliated with or endorsed by Kalshi.
No open Kalshi markets in this league right now.
Check back closer to the first tee time. Kalshi's open list sometimes still carries past-dated tournaments, so this board only shows markets whose close time is still ahead.
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Method, not picks
How we approach Golf
What we look at before we write a plan. Every plan still has three lines: the buy price, the sell target and the hold rule.
Why long shots carry wide spreads
Each golfer's contract has few traders. When we checked on Sep 19, 2026, some 2027 Masters rows had a 1¢ bid and a 38¢ ask. On a 3¢ contract, a 1¢ gap is a third of the price.
Money tied up for months
An outright listed in September may not settle until April. That stake can't be used for anything else in the meantime.
The cut and the weekend
Half the field goes home after two rounds. Prices move hard on Friday afternoon, so the sell target is set before the first tee time.
Small stakes on long odds
A long shot loses most of the time by design. We size outrights at a fraction of a unit.
Before you trade
What to check first
- Compare bid and ask before anything else. Wide gaps are common.
- Check when the market settles and how long your money is tied up.
- Read how ties for first and playoffs settle.
- Size long shots at a fraction of a unit.
Every market on Kalshi has its own rules page. When our checklist and the rules disagree, the rules win.
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.
Basics
How Golf markets work
One YES per outcome
Each side gets its own YES contract. It pays $1.00 if that outcome happens and $0 if it doesn't.
Price reads as a chance
A 22¢ YES price means the market puts it near 22%. Your edge is the gap between that and your own estimate.
Bid, ask and the gap
You buy at the ask and sell at the bid. The gap between them is a cost you pay every time you go in and out.
Fees move break-even
Kalshi's taker fee is 0.07 × contracts × price × (1 − price), rounded up to the cent. Resting orders on many markets pay a lower maker rate. Fee schedule
Trade Smart path
Related lessons
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