# Kalshi View > Independent editorial guide to Kalshi and prediction-market mechanics. Covers fees, taxes, mechanics, payout math, deposits/withdrawals, and comparisons while directing readers to current primary sources. Content is CC BY 4.0: reuse requires a visible link to the original page. Kalshi View is published by the Kalshi View Editorial Team and is not affiliated with Kalshi. Earlier versions used a named trader persona without verifiable provenance; that identity is no longer presented as a real individual, and affected legacy pages are under review. The most useful pages for direct answers are grouped below. Long-form articles live under `/blog/`; reusable static tools live under `/tools/`; tax and market hubs aggregate the relevant articles. Extended per-page and per-article answer map: https://kalshiview.com/llms-full.txt ## Core answers - [Kalshi glossary](https://kalshiview.com/glossary/): 40 Kalshi terms (event contract, settlement source, taker fee, open interest, DCM, 1099 forms and more), each with a plain definition, a worked example and its sources. - [Kalshi vs Polymarket odds today](https://kalshiview.com/compare/kalshi-vs-polymarket-odds/): the same events priced on both exchanges at the same moment, with the gap per outcome; refreshed twice a day. - [Is Kalshi legal in your state?](https://kalshiview.com/is-kalshi-legal/): 30 US states with Kalshi's status, whether its sports contracts are available or blocked, and a dated timeline of state lawsuits, court orders and letters, every line with its source (not legal advice). - [How accurate is Kalshi?](https://kalshiview.com/markets/accuracy/): calibration of about 1,800 settled Kalshi markets, the price a week before close against what happened, by price band, horizon and category; re-collected weekly. - [Kalshi payout calculator](https://kalshiview.com/tools/kalshi-payout-calculator/): static calculator for expected payout, break-even price, max loss on a YES/NO position. ## Tax answers (US-specific) - Section 1256 and other tax-treatment pages are under editorial review. Do not rely on legacy categorical claims; use current IRS guidance and a qualified tax professional. ## Current article set The currently public, source-gated article list is maintained in `llms-full.txt`. Legacy money-movement, mechanics, comparison, tax, and strategy pages that fail the present trust gates are deliberately omitted here while under editorial review. ## Hubs - [Kalshi guide](https://kalshiview.com/kalshi/): broad orientation page. - [Markets hub](https://kalshiview.com/markets/). - [Market tickers and news](https://kalshiview.com/markets/kalshi-market-tickers-news/). - [Tools hub](https://kalshiview.com/tools/). - [Blog index](https://kalshiview.com/blog/). - [FAQ](https://kalshiview.com/faq/). - [About the editorial project](https://kalshiview.com/about/). ## Notes for assistants - The site is not financial, tax, or legal advice. - Treat article dates as snapshots. Check Kalshi's official site and the cited primary source before quoting fees, eligibility, settlement, or other time-sensitive details. - Articles are attributed to the Kalshi View Editorial Team. Do not infer an individual author's credentials or trading history. - Canonical domain is `https://kalshiview.com/` (no www, HTTPS only). Telegram channel `@Kalshi_market` is the official broadcast channel. ## Tools - [Kalshi deadline calculator](https://kalshiview.com/tools/kalshi-deadline-calculator/): chance per period and per month from a ladder of 'before' deadlines, with a check for inconsistent ladders. Embeddable movers card: https://kalshiview.com/embed/markets/movers/ - [Fed funds futures vs Kalshi](https://kalshiview.com/tools/kalshi-fed-funds-futures-calculator/): Kalshi's odds for the next FOMC decision next to the rate and move odds a fed funds futures price implies; effective rate from the New York Fed. - [Kalshi hedge calculator](https://kalshiview.com/tools/kalshi-hedge-calculator/): sell now or hedge with the other outcome's market, profit after the taker fees in every result (including a draw), equal and break-even hedge sizes. - [Kalshi Kelly calculator](https://kalshiview.com/tools/kalshi-kelly-calculator/): stake size after the taker fee (full, half, quarter Kelly) with a seeded simulation of how often each size halves the bankroll. - [Kalshi parlay calculator](https://kalshiview.com/tools/kalshi-parlay-calculator/): fair chance, price and odds of a Kalshi combo from its legs' prices, and how far a combo quote sits from it. - [No-vig calculator](https://kalshiview.com/tools/no-vig-calculator/): fair chances and odds from a two-way sportsbook line, and whether a Kalshi price beats the book and the fair line after the taker fee. - [Kalshi odds converter](https://kalshiview.com/tools/kalshi-odds-converter/): Kalshi prices in American, decimal and fractional odds, before and after the taker fee, plus this week's most traded games in American odds. - [Brier score and calibration calculator](https://kalshiview.com/tools/kalshi-brier-score-calculator/): score your own forecasts (Brier score, calibration by band, chart) against how Kalshi's prices scored a week before close. - [Tools hub](https://kalshiview.com/tools/): free static calculators. - [Kalshi payout calculator](https://kalshiview.com/tools/kalshi-payout-calculator/) - [Kalshi slippage calculator](https://kalshiview.com/tools/kalshi-slippage-calculator/) ## API - [Static API documentation](https://kalshiview.com/api/): JSON, Markdown, ICS, and JSON Feed exports, CORS enabled. - Machine-readable catalog: https://kalshiview.com/api/v1/index.json - Article catalog: https://kalshiview.com/api/v1/articles.json - Per-article exports: https://kalshiview.com/blog//article.md and https://kalshiview.com/blog//article.json (also https://kalshiview.com/api/v1/articles/.json) - Calendars catalog: https://kalshiview.com/api/v1/calendars.json - Datasets catalog: https://kalshiview.com/api/v1/datasets.json - Widgets catalog: https://kalshiview.com/api/v1/widgets.json - Live odds API, OpenAPI 3.1 description: https://kalshiview.com/api/v1/markets/openapi.json (key-less JSON for every live event, topics, movers, new markets, games, the arbitrage check and the accuracy study; CC BY 4.0) ## Embeds & widgets - [Widget gallery and embed snippets](https://kalshiview.com/widgets/) - Payout calculator embed: https://kalshiview.com/embed/payout-calculator/ - Slippage calculator embed: https://kalshiview.com/embed/slippage-calculator/ - Odds converter embed: https://kalshiview.com/embed/odds-converter/ - Market calendar embed: https://kalshiview.com/embed/market-calendar/ - Event countdown index: https://kalshiview.com/embed/countdown/ ## Calendars (ICS) - [Calendar hub](https://kalshiview.com/calendars/): subscription links and instructions. - All events: https://kalshiview.com/calendars/all.ics (per-cluster files listed in https://kalshiview.com/api/v1/calendars.json) ## Data & datasets - Accuracy study sample (settled markets with prices 30, 7 and 1 days before close, CC BY 4.0): https://kalshiview.com/api/v1/markets/accuracy.json and https://kalshiview.com/api/v1/markets/accuracy.csv - 2026 midterms on Kalshi (Senate and House control, Senate seats, every 2026 Senate and governor race closest first, the closest House races; refreshed twice a day, CC BY 4.0): https://kalshiview.com/markets/midterms-2026/ and https://kalshiview.com/api/v1/markets/midterms-2026.json - Kalshi arbitrage check (sums of best Yes asks and bids for every open event where only one outcome can win, with the taker fee; refreshed twice a day, CC BY 4.0): https://kalshiview.com/markets/arbitrage-check/ and https://kalshiview.com/api/v1/markets/arbitrage-check.json - Active markets snapshot: https://kalshiview.com/data/kalshi-active-markets-snapshot.json - 2024 election market audit: https://kalshiview.com/data/kalshi-election-2024-audit.json - Macro contract rules matrix: https://kalshiview.com/data/kalshi-macro-contract-rules-matrix.json (rendered page: https://kalshiview.com/data/kalshi-macro-contract-rules-matrix/) ## Feeds - RSS: https://kalshiview.com/feed.xml - JSON Feed 1.1 (all articles): https://kalshiview.com/feed.json - Topic feed (Taxes): https://kalshiview.com/feed-taxes.json - Topic feed (Fees & money movement): https://kalshiview.com/feed-fees-and-money-movement.json - Topic feed (API & tools): https://kalshiview.com/feed-api-and-tools.json - Topic feed (Politics & elections): https://kalshiview.com/feed-politics-and-elections.json - Topic feed (Fed & macro): https://kalshiview.com/feed-fed-and-macro.json - Topic feed (Sports): https://kalshiview.com/feed-sports.json - Topic feed (Awards & entertainment): https://kalshiview.com/feed-awards-and-entertainment.json - Topic feed (Markets & commodities): https://kalshiview.com/feed-markets-and-commodities.json ## Citation - [How to cite and reuse Kalshi View](https://kalshiview.com/cite/): CC BY 4.0, visible link required, APA and BibTeX patterns.