← Back
Kalshi

Kalshi

software
Last discussed Sep 25, 2026

A regulated prediction market platform where users can trade on the outcome of events and economic indicators.

How Kalshi compares

4 creators weighed in
Polymarket Direct rival
decentralized prediction market platform

Both are major prediction markets. Creators grouped them as similar competing platforms without naming clear differences.

D H I
4 creators
DF
David Frankel

"If you look at Kalshi and Polymarket, what's the difference between DraftKings and Betway? They seem very similar to me."

Compared to Polymarket, DraftKings, and Betway as similar-seeming platforms

HS
Harry Stebbings

"If you look at like Kalshi and Polymarket, what's the difference there?"

Compared to Polymarket as a competing prediction market platform

HS
Harry Stebbings

"Kalshi are apparently raising a new round at $40 billion. They raised their last round in May at $22 billion. They recently announced being at 2 billion in revenue."

Mentioned alongside Polymarket as major prediction market platforms

John Coogan

"It could compete for attention with Polymarket and Kalshi, the biggest prediction markets."

Named alongside Polymarket as a major prediction market that Meta's Arena would compete with

IB
Isabel Brown

"I think a lot of this is more nuanced than what Polymarket or Kalshi or any of the betting odds would give you. Generally not sponsored by either of them."

Mentioned alongside Polymarket as similar platforms

What creators say

Showing the most relevant creator cards first. Show all 17
John Coogan
mentioned
vs: Compared humorously to the Chicago Board of Trade for commodity futures trading

"This Kalshi ad is among the most dystopian ones I've seen from any betting app. The man thinks his partner is having an affair, but actually she's just hedging food prices on Kalshi."

More from John Coogan →
+3 more mentions from John

"This Kalshi ad is among the most dystopian ones I've seen from any betting app. She is profiting on trading the egg futures market on Kalshi."

"FlightAware is suing Kalshi alleging the prediction market company is using the data without permission to let users bet on flight cancellations."

DF
David Frankel
mentioned
vs: Compared to Polymarket, DraftKings, and Betway as similar-seeming platforms

"If you look at Kalshi and Polymarket, what's the difference between DraftKings and Betway? They seem very similar to me."

More from David Frankel →
HS
Harry Stebbings
mentioned
vs: Compared to Polymarket as a competing prediction market platform

"If you look at like Kalshi and Polymarket, what's the difference there?"

More from Harry Stebbings →
+1 more mention from Harry

"Kalshi are apparently raising a new round at $40 billion. They raised their last round in May at $22 billion. They recently announced being at 2 bi..."

D
Drew
mentioned

"I'm not the kind of guy who wants to go be a market maker on Kalshi for the opposite of that for nine months, but the odds for Harbaugh to be coach of the year seemed a little iffy."

More from Drew →
Jordi Hays
mentioned
vs: Contrasted with Manifold as the financially incentivized prediction market ap...

"Apparently Meta considered buying Kalshi before developing its own prediction market app. The fact that they didn't try and acquire Manifold — they tried to acquire Kalshi — sort of signals they're probably going the financially incentivized route."

More from Jordi Hays →
+1 more mention from Jordi

"Kalshi's running a bunch of ads against it and they're buying directly through Paramount because you streamed it on Paramount."

PE
Paul Erlanger
mentioned

"I think our first version of the product would be built on something like a Polymarket and Kalshi. Those are great businesses and I think there's a lot in flux around the regulation of these businesses."

More from Paul Erlanger →
IB
Isabel Brown
mentioned
Used for: Political betting and prediction markets vs: Mentioned alongside Polymarket as similar platforms

"I think a lot of this is more nuanced than what Polymarket or Kalshi or any of the betting odds would give you. Generally not sponsored by either of them."

More from Isabel Brown →
AI
Adam Iscoe
mentioned

"I talked to KHI about this. I talked to Poly Market about this"

More from Adam Iscoe →
AH
Anthony Hizuki
mentioned
Used for: Getting regulated for prediction markets and derivatives trading Praised: Unique regulatory strategy that worked, ahead of competition vs: No one else is even close to their regulatory success

"I think Kalshi has been doing it right and in the end their strategy was pretty unique as you probably know they started their company and for a couple years they didn't do anything and just wrote letters to the CFTC about how they please want to ..."

More from Anthony Hizuki →
TBPN
mentioned

"Dan Primack from Axios interviews Kalshi CEO Tarek Mansour about prediction markets and their difference from traditional sports betting"

More from TBPN →
+4 more mentions from TBPN

"Call sheet has a market on when will Artemis 2 launch? It is soaring. We are now at 89% before April 2nd."

"Kalshi launched the $1 billion perfect bracket challenge. $1 billion for a perfect March Madness bracket."

"I love these accounts that break down like Polymarket and Kalshi and they say like, 'Hey, this trader has a 100% success rate'"

More from The Iced Coffee Hour →
MC
Michael Celig
mentioned

"KHI one of the prediction markets brought two enforcement actions against participants. One involved a contract related to Mr. Beast's YouTube channel where one of his employees insider traded."

More from Michael Celig →
JD

"90% of the trading volume on Kalshi is on sports. Functionally, these platforms because they're 18 plus rather than gambling, which is 21 plus. And because they're available in all 50 states rather than just the 32 states that have legal online sp..."

George Kamel
critical

"There's too many lobbyists out there. Like we I I'm not going to spend my life trying to go after these companies... Poly Market and Kalshi and FanDuel and Bet MGM"

Sponsored mentions

These creators mentioned this product during a paid promotion

Tom Bilyeu recommends uses sponsored

"All the love in the world to Kalshi. Thank you so much, Kalshi, for continuing to support the show. The QR code is on the screen. Use IMPACT to get $10 off your next trade on Kalshi. You guys know I love Kalshi because it allows us to get a read o..."

+3 more episodes

About this data

  • ✓44,000+ mentions extracted from real podcast transcripts
  • ✓Every quote links to the source episode
  • ✓Sponsored mentions are always labeled
  • ✓Critical takes are shown, never filtered out
How Followed works →
Get an email when a new creator recommends it

Follow Kalshi

Free email updates