For a separate sports research step
Replacing Kalshi will not replace the need for research
Choose an exchange or broker from this comparison for execution. For the separate task of finding sports tipsters, TipMaster lets you look through individual profiles and the selections they have posted before choosing content.
TipMaster is a sports prediction marketplace, not another event contract venue.
Public profiles can be explored first. Free tip access has limits. Paid tips, creator subscriptions and TipMaster PRO are separate purchases.
Best Kalshi Alternatives and Apps Like Kalshi
Quick Answer
Polymarket US is the closest broad direct-exchange alternative to Kalshi. Novig and ProphetX are better fits for sports-first traders, Robinhood fits users who want event contracts inside an existing brokerage account, Crypto.com suits a crypto-integrated workflow, and DraftKings Predictions offers a familiar dedicated interface. The right alternative depends on which part of Kalshi you want to replace.
Which option fits your needs?
Best for | Editorial selection | Why it fits |
|---|---|---|
Replace broad direct exchange | Polymarket US | Closest same-job US product |
Replace with sports-first exchange | Novig | Clear sports fee schedule and maker path |
Prioritize sports depth | ProphetX | Sports-native props, live, and parlays |
Use an existing broker | Robinhood | Event contracts in a brokerage ecosystem |
Use crypto-integrated funding | Crypto.com | Sports contracts in the Crypto.com account |
Use a familiar prediction brand | DraftKings Predictions | Dedicated interface and broad menu |
At a glance
Product | Type | Best for | Price or fee | Platforms | Main limitation |
|---|---|---|---|---|---|
Polymarket US | Direct DCM and DCO | Closest broad direct alternative | Taker theta 0.06, maker rebate theta −0.0125 from July 1, 2026, with volume rebates. | Web, iOS, Android | US product is newer and cannot inherit global liquidity or wallet claims. |
Novig | Direct DCM | Sports-first fee transparency | Pre-game straight app and web trades fee-free; live and parlay taker formulas are published. | iOS, Android; web fee schedule | New DCM, limited location set, stale sweepstakes language in older help pages. |
ProphetX | Direct DCM | Sports depth and price setting | 2% of net gains on straight markets; separate parlay schedule. | Web, iOS, Android | New 2026 DCM and no independent liquidity proof. |
Robinhood Prediction Markets | FCM or broker interface | Existing brokerage users | Probability-weighted app commission plus possible exchange fee; Gold uses a lower coefficient. | Web, iOS, Android ecosystem | Not a direct exchange, and venue or product access varies by contract. |
Crypto.com Sports Event Trading | CDNA front end | Crypto-integrated account | Sports taker $0.01 to $0.0175; maker $0; settlement $0 as of June 30, 2026. | App; web varies | Bundled crypto workflow and state restrictions. |
DraftKings Predictions | Introducing broker | Familiar dedicated brand | Checked fees: there is no subscription.
CDNA and DKeX list $0.01 at prices $0.01–$0.19, $0.02 at $0.20–$0.96, and $0.01 at $0.97–$0.99.
CME contracts list $0.02 per contract per side.
The disclosed totals include applicable introducing-broker commissions and exchange fees.
The executed order confirmation controls. | Web, iOS, Android | Two-layer fees and dynamic availability. |
Checked August 30, 2026 for Kalshi Alternatives. Reconfirm Kalshi menus, location rules, and prices. App features may change.
Polymarket US: Closest broad direct alternative
What it is. A US fiat exchange for sports and other event categories, kept separate from global Polymarket.
Access. KYC, location, and contract restrictions apply.
Price or fees. Taker theta 0.06, maker rebate theta −0.0125 from July 1, 2026, with volume rebates.
Platforms. Web, iOS, Android.
Why it fits. Direct exchange, broad menu, published fee and liquidity documentation.
Limitations. US product is newer and cannot inherit global liquidity or wallet claims.
Novig: Sports-first fee transparency
What it is. Sports-only exchange with straight, live, and parlay contracts.
Access. 21+ and unavailable in Nevada, Arizona, and Michigan at the snapshot date.
Price or fees. Pre-game straight app and web trades fee-free; live and parlay taker formulas are published.
Platforms. iOS, Android; web fee schedule.
Why it fits. Clear current sports fee rules and maker path.
Limitations. New DCM, limited location set, stale sweepstakes language in older help pages.
ProphetX: Sports depth and price setting
What it is. Sports-native central-order-book exchange with live markets, props, and parlays.
Access. Not operating in Nevada in current official app disclosure; other limits apply.
Price or fees. 2% of net gains on straight markets; separate parlay schedule.
Platforms. Web, iOS, Android.
Why it fits. Sports depth, user-set prices, broad market types.
Limitations. New 2026 DCM and no independent liquidity proof.
Robinhood Prediction Markets: Existing brokerage users
What it is. Accesses event contracts through a Robinhood derivatives account and several possible exchanges.
Access. Brokerage and derivatives approval required; Maryland and Nevada sports restrictions are documented.
Price or fees. Probability-weighted app commission plus possible exchange fee; Gold uses a lower coefficient.
Platforms. Web, iOS, Android ecosystem.
Why it fits. Familiar funding, multi-exchange access, account integration.
Limitations. Not a direct exchange, and venue or product access varies by contract.
Crypto.com Sports Event Trading: Crypto-integrated account
What it is. Sports contracts through CDNA inside the Crypto.com ecosystem.
Access. Crypto.com app is unavailable in New York; eligibility and contract access vary.
Price or fees. Sports taker $0.01 to $0.0175; maker $0; settlement $0 as of June 30, 2026.
Platforms. App; web varies.
Why it fits. Crypto conversion, limit orders, sports market types.
Limitations. Bundled crypto workflow and state restrictions.
DraftKings Predictions: Familiar dedicated brand
What it is. Dedicated prediction app for sports and non-sports exchange-listed contracts.
Access. Availability differs by state, sport, and contract and is separate from sportsbook access.
Checked fees: there is no subscription.
CDNA and DKeX list $0.01 at prices $0.01–$0.19.
They list $0.02 at $0.20–$0.96 and $0.01 at $0.97–$0.99.
CME contracts list $0.02 per contract per side.
The disclosed totals include applicable introducing-broker commissions and exchange fees.
The executed order confirmation controls.
Platforms. Web, iOS, Android.
Why it fits. Familiar interface, dedicated apps, broad current menu.
Limitations. Two-layer fees and dynamic availability.
What are you replacing about Kalshi?
If the answer is direct order-book trading, start with Polymarket US, Novig, or ProphetX. If the answer is funding and account convenience, consider Robinhood or Crypto.com. If the answer is a familiar consumer interface, DraftKings Predictions may fit. These are different structural substitutions, so a single one-to-six rank would mislead.
Sports alternatives require a state check
A sports-first product can still be unavailable in your location. Novig's current source excludes Nevada, Arizona, and Michigan and requires age 21. ProphetX says it is not operating in Nevada. Robinhood discloses Maryland and Nevada sports restrictions. These facts are dated and must be rechecked before funding.
Kalshi legal context also affects the comparison
The August 28 Ninth Circuit decision and the Massachusetts order make it especially important not to describe Kalshi or its alternatives as uniformly available nationwide. Federal designation and state treatment are separate questions.
How to choose
Step | Decision |
|---|---|
1 | Confirm the exact account, location and contract eligibility. |
2 | Compare the order’s fees, spread, available depth and possible exit costs. |
3 | Read settlement and funding rules for the specific product, not another product with the same brand. |
How we compared and what the evidence covers
Each option was assessed against a specific Kalshi feature or switching reason.
This alternatives page starts with the specific part of Kalshi a user wants to replace: broad direct exchange access, sports-first markets, brokerage convenience, crypto-integrated funding, or a familiar prediction interface. Products are compared only for that replacement job.
Current exchange, broker, and product sources establish role, fees, access, and platforms. The page does not assume that the closest structural substitute is the best option for every user.
Each alternative keeps its own state, account, fee, and execution limitations; no platform inherits Kalshi's availability or market characteristics.
The original review checked replacement features, access, prices and platforms through September 1, 2026.
Frequently asked questions
What is the closest alternative to Kalshi?
Polymarket US is the closest broad direct-exchange substitute in this snapshot.
What is the best Kalshi alternative for sports?
Novig and ProphetX are the most sports-first direct exchanges, but their fees, age rules, and state limits differ.
Is Robinhood the same as Kalshi?
No. Robinhood is an interface and account carrier for exchange-listed event contracts, not the same direct exchange structure.
Are there free Kalshi alternatives?
Most do not charge a subscription, but real-money contracts require funded buying power and can carry trading, spread, or exchange costs.
Is TipMaster a Kalshi alternative?
No. TipMaster helps users evaluate sports tipsters. It does not execute event contracts.
Sources
- 01S01. CFTC DCM list. Checked August 30, 2026.
- 02S02. Polymarket US fees. Checked August 30, 2026.
- 03S03. Novig eligibility. Checked August 30, 2026.
- 04S04. ProphetX fee page. Checked August 30, 2026.
- 05S05. Robinhood event contracts. Checked August 30, 2026.
- 06S06. Crypto.com sports trading. Checked August 30, 2026.
- 07S07. Ninth Circuit opinion. Checked August 30, 2026.
- 08S08. Crypto.com US app availability. Checked August 31, 2026.
- 09S09. DraftKings Predictions current availability. Checked September 1, 2026.
- 10S10. DraftKings Predict fee disclosure. Checked September 1, 2026.
- 11S11. DraftKings Predictions launch and product scope. Checked August 31, 2026.
Related
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Back to all guides →TipMaster publishes this guide. Its Co Founder and CEO, Bar Worcel, is the author. Product fit is distinguished from betting performance.