The 2026 World Cup started on June 11, and Kalshi allowed trade markets for any of this year's tournament games, which took place across 16 cities in the United States, Mexico and Canada. That includes the final game of the tournament, a meeting between Spain and Argentina with the championship on the line. This Kalshi World Cup guide will help explain trading soccer prediction markets, with valuable information about pricing structure and explanations about some of the most popular World Cup markets.
By the end, you'll have a better understanding of how to use Kalshi to trade on the 2026 World Cup. Claim a $15 trading bonus now after making your first $15 worth of trades:
Best Kalshi World Cup promo code
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Kalshi Bonus Offer | |
States Kalshi is Available | All 50 states, Washington, D.C. and U.S. territories (certain markets may not be available in all jurisdictions) |
Kalshi Minimum Age | 18 years or older and have a legal, U.S. residential address within a state where Kalshi operates |
Kalshi Deposit Methods | Apple Pay, Google Pay, Venmo, PayPal, Cash App, debit cards (U.S. only), bank transfers, wire transfers (minimum $1,000) and crypto deposits |
Kalshi Promo Code Last Verified | July 19, 2026 |
18+. Void where prohibited. Must be located in the U.S. Restrictions and eligibility requirements apply. New customers only. Must use eligible promo code upon sign-up. The credit expires in 30 days and cannot be withdrawn. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it's appropriate for you in light of your personal financial circumstances. See kalshi.com for additional terms and more information. Offer subject to expiry. Sports contracts currently unavailable in NV.
How to sign up for the Kalshi referral code
Tap the CLAIM BONUS button and download the Kalshi app.
Register for a Kalshi account and enter the information requested, including name, address, phone number and SSN. Do not forget the Kalshi referral code CBSSPORTS to lock in the bonus offer.
Once registered, tap the green "Deposit Cash" button, choose your preferred deposit method and follow the prompts.
New users must trade at least $15 in contracts for the $15 trading bonus to be applied to their account.
Claim your Kalshi bonus here, and remember to use the Kalshi referral code CBSSPORTS:
How Kalshi World Cup prediction markets work
Kalshi is a prediction markets site that offers Yes/No event contracts with clearly defined rules about how the contract settles. You purchase shares of an outcome at a given price (between $0.01 and $0.99) and if you're correct, those shares then pay out at $1.00 per share.
For example, if you thought the U.S. Men's National Team was going to win its match against Australia, you could have purchased shares on the United States to win in 90 minutes + stoppage time for $0.66 per share. You could also have traded on Australia to win ($0.16) or a regulation tie ($0.21). If you bought 100 shares saying that the United States will win for $0.66, you'll earn $100 if the USMNT does actually win their opening match.
Share prices are reflective of what the market predicts that probability to be and are subject to change as money rolls in. Here's a guide showing Kalshi share prices along with their equivalent American odds:
Equivalent odds for Kalshi World Cup prediction market prices
- $0.10 per share = +900
- $0.20 per share = +400
- $0.30 per share = +233
- $0.40 per share = +150
- $0.50 per share = +100
- $0.60 per share = -150
- $0.70 per share = -233
- $0.80 per share = -400
- $0.90 per share = -900
Kalshi World Cup odds settings
If you are more comfortable using traditional American sports betting odds than Kalshi's share pricing, you can use the Kalshi setting to change how the pricing is displayed. Go to the menu button (hamburger display), navigate to the settings tab, and then toggle on the sports fan mode. Tap Done, and it should convert the pricing to American odds.
Kalshi World Cup winner
This contract is based on the outcome of said event, so if you've purchased shares of France to win the World Cup, you'll only be paid out if France wins the tournament. The tournament began with group play, with 12 different four-team groups that were established by a draw earlier this year. The top two teams from each group, and then eight wild card teams based on points, advance to the knockout rounds.
The single-elimination phase of the tournament begins with the Round of 32 and will be followed by the Round of 16, the quarterfinals, the semifinals, and then the 2026 FIFA World Cup Final. The winner of that final match is determined to be the champion, and that's when all World Cup winner trades will be settled. Click here to claim a $15 trading bonus after $15 worth of trades:
Kalshi World Cup Prediction Market
World Cup Final: Spain vs. Argentina
The World Cup final kicks off at 3 p.m. ET on Sunday, July 19, at MetLife Stadium, where Argentina can become the first back-to-back champion since Brazil in 1962. Lionel Messi assisted on both goals in a 2-1 semifinal comeback against England and shares the Golden Boot lead with eight goals. Spain, meanwhile, rolled past France 2-0 behind another commanding performance from Lamine Yamal. Below are Kalshi's prices for the contest (last updated Sunday morning):
Spain win: $0.43
Argentina win: $0.28
Draw: $0.32
Kalshi World Cup Golden Boot Winner
The FIFA World Cup Golden Boot is awarded to the player who scores the most goals throughout the duration of the tournament. Past winners include Kylian Mbappe, Harry Kane, Ronaldo and Thomas Muller. Entering the Final on Sunday, Kylian Mbappe has a commanding lead in winning the award, barring something unforeseen from Lionel Messi (who enters play two goals behind the Frenchman).
Kylian Mbappe: 93 cents
Lionel Messi: 8 cents
Lamine Yamal: 1 cent
Kalshi World Cup miscellaneous prediction markets
Here are some of the other Kalshi World Cup markets available to you as a trader:
- World Cup Final qualifiers
- World Cup semifinal qualifiers
- World Cup quarterfinal qualifiers
- Group to win the World Cup
- Who will perform the World Cup Final halftime show?
- Will the World Cup winner be a first-time winner?
- Will Donald Trump attend the World Cup Final?
- Highest scoring World Cup group
- Messi vs. Ronaldo: Most World Cup goal contributions
- Furthest advancing host nation
Is Kalshi safe, legal, and trustworthy?
Kalshi is a federally-regulated event contract exchange that allows you to buy and sell shares in outcomes of designated events. It is completely legal, though each respective state may have limitations about which prediction markets can be offered. It's easy to use with multiple deposit and withdrawal options and it is the largest prediction market trading platform in the United States.
Responsible risk management
It's a top priority for Kalshi to look out for its users. Kalshi equips every trader with accessible risk management tools that can be enabled at any given time, including risk management actions like trading break, voluntary opt-out, and a personalized funding cap.
Prediction Markets are regulated by the Commodity Futures Trading Commission (CFTC) - an independent agency of the U.S. federal government.
Event contracts trading involves a risk of substantial loss and is not suitable for all investors. Participation in prediction markets is subject to applicable eligibility requirements. Participation may be restricted or prohibited in certain jurisdictions and participants are responsible for ensuring their participation complies with applicable laws and regulations in their jurisdiction.
Kalshi FAQs
Who is favored to win the 2026 World Cup?
Spain faces Argentina in the 2026 FIFA World Cup Final on Sunday. Spain is the favorite, priced at $0.586, while Argentina is priced at $0.416.
Is there sports on Kalshi?
Yes, Kalshi does offer sports prediction markets, but some states might have restrictions on what can be offered. Be sure to check local laws to ensure you're compliant.
Is there a Kalshi World Cup promo code?
Yes, by using Kalshi referral code CBSSPORTS, new users get a $15 trading bonus after completing $15 worth of trades.
