So I signed up for Kalshi...

[unde0087]

What the hell is kalshi?

[Optional]

You're right. Their posted buy/sell numbers don't match the $ payout figures.

179 = -127 or implied probability of 55.9%, not 54%.
205 = +105 or implied probability of 48.8%, not 47%.

Looks like they insert their fees in there between the buy/sell quotes and the payout $ shown.

Here is the table of fees https://kalshi.com/docs/kalshi-fee-schedule.pdf

[MalikHusam]

Right but 179+205 = 384

Isn't 1% on 400 supposed to be 4$?

[Optional]

54c bet 100, to be paid 179 on Red Wings
47c bet 100, to be paid 205 on Senators

54%+47% equals 101%. Or 1% overround/vig

Can't get much lower than that

[MalikHusam]

I haven't deposited yet - waiting for SBR Andy to send the NFL contest prize. But I've noticed the banner and thought I'd try a 'legal option'. Account approved within minutes, and I haven't paid attention to prices but today I checked lines for the NHL...And they made me think of a local I used a couple of years ago lol

54c bet 100, to be paid 179 on Red Wings
47c bet 100, to be paid 205 on Senators

Is this correct? Damn I hoped to have a lower vig but it's still better than nothing, I guess. Those prices include the vig, right?