Comparison

Kalshi vs Polymarket

Both are prediction markets where you trade contracts priced as probabilities. The headline difference: Kalshi is a US-regulated exchange you fund in dollars, while Polymarket is a decentralized market funded with crypto. Here is how they stack up for trading the NFL.

Side by side

Kalshi
Polymarket
Regulation
US-regulated (CFTC) event-contract exchange
Decentralized prediction market
Funding
USD bank transfer / card
Crypto (USDC)
How pricing works
Shares 1¢ to 99¢, settle at $1
Shares 1¢ to 99¢, settle at $1
NFL markets
Super Bowl winner, games and props
Super Bowl winner and games
Exit a position early
Yes
Yes

Which should you pick?

If you are in the US and want to fund an account in dollars on a regulated exchange, Kalshi is the straightforward choice, and it is where our live Super Bowl odds come from. If you already hold crypto and want the broadest set of markets, Polymarket is worth a look. Either way, the trading mechanics are the same: read what prediction markets are to get comfortable first. Weighing it against a sportsbook instead? See how Kalshi compares to DraftKings, FanDuel and more.

Frequently asked

Is Kalshi or Polymarket better for the NFL?

Both let you trade NFL outcomes as event contracts. Kalshi is a US-regulated exchange you fund in dollars, which many US users prefer; Polymarket is a crypto-funded market. The right one depends on where you are and how you want to fund an account.

What is the main difference between Kalshi and Polymarket?

Kalshi is a CFTC-regulated US exchange funded in USD; Polymarket is a decentralized market funded with crypto (USDC). The trading mechanics, shares priced as probabilities that settle at $1, are similar on both.

Which one shows the NFL odds on this site?

Our live Super Bowl odds are pulled from Kalshi and converted into implied win probability for all 32 teams.

18+. Availability and regulation vary by location; general information, not financial advice. Contains an affiliate link to Kalshi. Trade responsibly.