
Looking for an entirely new way to get involved in CS2, League of Legends, and other top pro gaming leagues? Then Kalshi esports markets may be exactly what you need. But what is Kalshi, and how does it all work?
By providing quantifiable probabilities on real-world esports events, Kalshi makes it easy to trade financial contracts based on these matches. These predictions are highly accurate and regulated, offering a safe way to trade in and out. In this guide, we explore how esports contracts work, Kalshi’s coverage of these pro gaming leagues, and why users are gravitating toward them.
Kalshi is a prediction market exchange that offers trading based on yes-or-no outcomes of real-world events. The platform is federally regulated by the Commodity Futures Trading Commission (CFTC), which means it is entirely above board and safe to use.
Our research for our Kalshi review also uncovered that the platform is often the benchmark for other prediction markets, highlighting the quality and fairness of the contracts it offers.
Kalshi offers event-driven financial contracts that you can trade across a range of categories, including sports, culture, elections, politics, and most importantly, esports. This gives you an entirely new way to participate in esports tournaments and matches.
You may be wondering whether purchasing yes or no event contracts from Kalshi on esports is legal, and we are happy to tell you it is.
Kalshi operates as a Designated Contract Market (DCM) or exchange, which is regulated by the US Commodity Futures Trading Commission (CFTC). While the trading platform implements and imposes its own trading rules, it must adhere to incredibly strict principles that the Commodity Exchange Act outlines.
Since Kalshi esports contracts are regulated on a federal level and are considered a form of trading, much like that done on stock markets, they are legally accessible in all 50 states.
Now that you know you can trade on outcomes of esports events, let’s look at exactly what the platform offers. When visiting the site, you’ll find the Kalshi esports predictions under the “sports” tab.
Currently, the operator offers contracts on six major esports leagues. While this may sound minimal, it’s not – Kalshi allows you to purchase event contracts on over 350 esports markets, covering hundreds of matches and all the top international tournaments for these leagues.
| Esports League | Tournaments Covered |
|---|---|
| League of Legends | Esports World Cup China Qualifier, Road of Legends, LPLOL |
| CS2 | CS Asia Championship, BC Game Masters Europe Series |
| Dota 2 | DreamLeague |
| Valorant | VCL EMEA |
| Rocket League | Rocket League Major Paris |
| Overwatch | Overwatch Champions Clash Tokyo |
It is worth noting that besides esports, you can also find Kalshi video games markets, like GTA 6, Madden, and PS6. If you want to trade on other categories, you can find contracts on celebrities, music, TV shows, awards, sports, politics, and more.
Since we’ve answered questions like can you trade on esports on Kalshi, let’s examine how the whole process actually works. Firstly, it is essential to understand that Kalshi esports predictions and markets are not the same as esports betting.
Predictions and contracts are entirely different and follow the same format as trading in stocks. Both use a peer-to-peer format, where users inform pricing and availability.
So, how exactly do Kalshi prediction markets for esports work?
Esports predictions on the site are offered as binary yes-or-no event contracts that you can purchase. Here, you make a decision whether you want to go for the yes or the no option based on the probability of the event outcome.
Examples of Kalshi esports contracts include:
When you look at these esports contracts, you’re given the option to purchase a yes or no outcome. The pricing offered on each outcome shows the implied probability of each.
In other words, contracts are usually priced from 1¢ up to 99¢. So if the contract for yes on Team Falcons to take the title of the CA Asia Championship is priced at 60¢, then the probability of this market is 60%.
If you were to purchase this yes contract and the outcome proved correct, you would receive $1 for the contract (your 60¢ purchase back + 40¢ in profit). But if the outcome didn’t work in your favor, you would receive $0 for your contract.
Trading on real-world esports outcomes gives you a new way to participate in matches and events, but is it worth trying? In our opinion, yes. There are a host of Kalshi esports platform features that make this option beneficial to you as a user. Here are just some of the top reasons:
Since the pricing of a contract directly mirrors its outcome probability, you can see the likelihood of how an event may end at a glance.
One aspect we enjoy most about Kalshi esports event contracts is that you can purchase and sell them. If you no longer want the contract you purchased, you can sell it before the esports match concludes and recoup your funds.
You can often find exceptionally low contract minimums of 0.01¢, which is ideal if you want to test things out first.
Regulation from the CFTC allows the platform to offer much higher market limits, so you can find Kalshi sports markets or esports contracts with limits of up to $100,000.
Kalshi operates using a peer-to-peer system, which means you trade against other users, not the platform. All prices and availability of esports markets are determined through user action. Kalshi gains a commission by charging a transparent fee that exchanges typically implement.
Using Kalshi esports is, as you can see from above, mostly advantageous, but there are a downside or two worth noting:
If the idea of trying Kalshi esports markets is tugging at you, but you’re uncertain where to start, you can use our quick step-by-step guide below.
Sign up with Kalshi – use one of our on-page links to launch Kalshi’s website. Click the sign-up button and register.
Claim a welcome offer – opt in for the new user bonus – no Kalshi promo code needed.
Visit the Sports tab – select the “sports tab” at the top of the page, then choose “esports” from the menu on the left. Check out the Kalshi prediction markets for esports that are available.
Choose your event – pick the event and click it to launch the contract page. Review the contract options and probabilities, and decide whether you want to go for yes or no.
Purchase your esports contract – make your selection, input your purchase value, and complete the transaction.
Manage your contract – now that you have purchased it, the contract is yours. You can either keep it and see what the outcome is, or if you are no longer sure about your selection, you can trade out the contract and sell it to another user.
Using Kalshi esports markets gives you an entirely new way to participate in tournaments and matches for your favorite pro gaming leagues. By offering a peer-to-peer format, fair purchase prices, and binary contracts that make it straightforward to see outcome probability, Kalshi’s esports predictions are more user-friendly.
While we are certainly fans of what Kalshi offers esports fans, it is up to you to decide whether contract trading is worth exploring. If you’d like to give it a try, use one of our on-page banners to get started.
Currently, Kalshi covers 6 esports leagues, including League of Legends, Valorant, Overwatch, Dota 2, CS2, and Rocket League. But you can find prediction markets for multiple matches and tournaments played worldwide.
Yes, if you decide you no longer want a particular contract, you can sell it to another user. But you can only do this before the match concludes. Trading out is available before the game and while it’s in play.
Yes, you can register using your Apple or Google accounts.