Kalshi for iPhone

Kalshi for iPhone Summary

Kalshi for iPhone is a prediction market trading application that allows users to buy and sell contracts based on the outcomes of real-world events. Developed by KalshiEX LLC, the application provides access to markets covering sports, politics, economics, financial indicators, cryptocurrency, weather, entertainment, and other topics. Users can examine market-implied probabilities, trade event contracts, and monitor changing expectations as new information becomes available. Unlike traditional sportsbooks, Kalshi operates an exchange where participants trade contracts with other users rather than placing conventional bets against a bookmaker.

Prediction market highlights

• Trade event contracts covering sports, economics, elections, cryptocurrency, weather, entertainment, and financial markets.
• View real-time market prices that reflect the probabilities traders assign to future events.
• Buy and sell Yes or No contracts based on predictions about specific outcomes.
• Follow live sporting events and trade eligible markets involving game winners, point totals, and championships.
• Monitor open positions, account balances, market movements, and potential payouts.
• Access a federally regulated prediction market exchange with transparent pricing and published trading rules.

Built for real-world event trading

Kalshi allows users to trade on the outcomes of future events rather than purchasing traditional stocks or other financial assets. Each market presents a defined question, such as whether the Federal Reserve will change interest rates, whether a sports team will win a game, or whether a particular economic indicator will exceed a specified threshold.

Participants can purchase contracts based on their expectations and adjust their positions as new information becomes available. Market prices fluctuate according to trading activity, creating continuously updated estimates of the likelihood of different outcomes.

Market probabilities and contract pricing

Kalshi contracts typically trade at prices between $0.01 and $0.99, representing approximate market-implied probabilities. For example, a Yes contract priced at $0.70 indicates that market participants collectively assign approximately a 70% probability to the event occurring.

When a market resolves, a correct contract generally pays $1, while an incorrect contract pays nothing. Users may also sell their contracts before resolution, subject to available liquidity and market conditions.

These probabilities are market estimates rather than guarantees, and contract prices can change significantly before an event concludes.

Live sports prediction markets

Kalshi offers event contracts covering professional and college sports, including football, basketball, baseball, hockey, soccer, golf, tennis, and combat sports.

Users can trade eligible markets involving game winners, championship results, point totals, and other outcomes. Live markets allow participants to respond to developments during games as contract prices change.

Sports contract availability depends on exchange rules and applicable legal restrictions, which remain contested in some jurisdictions.

Economics, finance, and cryptocurrency markets

Kalshi provides markets involving Federal Reserve decisions, inflation, employment, GDP, recession probabilities, stock market indexes, cryptocurrency prices, and other financial indicators.

Users can trade based on their expectations about economic announcements and market developments. These contracts can also provide a way to express views about financial events that may affect personal investments or business decisions.

Certain contracts may be used for hedging, although they involve financial risk and should not be treated as guaranteed protection against losses.

Weather, politics, and entertainment

Beyond financial and sports markets, Kalshi provides contracts involving weather conditions, elections, political developments, and cultural events.

Examples include temperature forecasts, hurricane activity, election outcomes, award ceremonies, and entertainment rankings. Users can examine how market expectations change in response to forecasts, news, and other developments.

Available markets vary over time according to exchange listings and applicable restrictions.

Portfolio management