Is Kalshi Legal in California? Legal Status in November 2025
Kalshi is a federally regulated prediction exchange under the Commodity Futures Trading Commission (CFTC), and it’s legal in California! Californians 18 or older can open a Kalshi account, complete identity verification, and trade event contracts.
RotoGrinders covers everything you need to know about Kalshi in California. Learn more about this alternative to online sportsbooks, which aren’t legal at the state level yet.
TL;DR
- Kalshi is regulated at the federal level by the CFTC, not state gambling regulators.
- Californians can trade event contracts; it’s not a sportsbook.
- Market categories include policy, economics, weather, and other prediction markets.
- 18+ only and present in a legal Kalshi state like California.
Kalshi Referral Code in California
If you’re a new Kalshi user in California who wants to get started with a welcome bonus, use the code below!
| 🏜️ Kalshi California Promo Code | |
| 💰 Kalshi California Welcome Bonus | |
| 📖 Terms & Conditions | |
| 📱 Mobile App | Apple iOS & Android Users |
| ✅ Info Last Verified by RotoGrinders On | November 15, 2025 |
Kalshi’s Legality in California
As of November 15, 2025, Kalshi is legal and live in California.
Access in California is permitted because Kalshi is regulated as a designated contract market by the CFTC.
Despite California tribal gaming orgs arguing that Kalsh is a type of illegal gambling, federal courts have ruled in Kalshi’s favor. There’s no statewide order blocking Californians from opening a Kalshi account, as the event contracts are CFTC-regulated derivatives and not sports wagers.
California still doesn’t offer legal online sports betting after the failed propositions in 2022, so Kalshi serves as a good alternative for those who want to make predictions on sports outcomes. It’s also a good workaround for legal political betting.
How Kalshi Differs from Sports Betting in California
Kalshi operates as a prediction exchange rather than a sportsbook. It’s regulated under the CFTC rather than state gambling laws, which currently forbid online sports betting. (However, DFS operators such as Underdog California are legal!)
Kalshi also functions differently, as traders post bids and asks on yes/no questions. For example, a market might ask “Will the Chargers win the national football championship?”
The price reflects the market’s collective estimate of that probability. Each market lists an official data source and rule set that determine how it settles, ensuring transparency and consistency.
You can buy/sell contracts throughout their life, but if a contract settles correctly, you’ll get $1 per share and $0 per share if you’re wrong.
Unlike sportsbooks, Kalshi doesn’t set lines, take bets, or offer parlays or odds boosts.
Every contract is traded peer-to-peer on an open order book between users.
What You Can Trade at Kalshi California
Kalshi offers tons of markets that are relevant to not only California but also the national and world stages. Check out some of the most popular markets:
- Policy and elections: Kalshi CA has many questions tied to government actions or vote totals, including California Senate races. If you track polling shifts or committee calendars, you’ll feel at home. Check out our deeper dives on election markets.
- Economy: Trade on rate decisions, CPI prints, payrolls, jobless claims. If you live by the econ calendar, you’ll know when volatility tends to show up around release times.
- Weather and climate: Buy/sell contracts on heat-day thresholds, rainfall totals, etc. California angles ranging from LA heat streaks to Sierra snowpacks are in the mix.
- Entertainment and culture: Trade on box-office thresholds, award outcomes, streaming milestones. You’ll also see one-offs like Top USA Song on Spotify today, “Will Taylor Swift break another record?”, or the timing around GTA 6.
- Government operations: Budget deadlines, procedural vote counts, government shutdown risk, new legislation passed, and more.
- Sports event contracts, when posted: Sports markets were originally broad and centered around a season outcome or award. But now, markets are also as specific as single-game outcomes. You might trade on California college teams or pro teams such as the Angels, Rams, Warriors, Kings, etc.
Bottom Line on Kalshi Prediction Markets in California
Online sportsbooks remain unavailable here, but Californians 18+ can use Kalshi to place orders on clearly defined yes/no outcome questions across sports, politics, the economy, weather, and entertainment.
FAQs
Here are some FAQs about Kalshi in the Golden State:
Can I use Kalshi in California?
Yes. If you’re 18+ and in-state with location services on, you can open an account and place orders on Yes/No questions. Kalshi is legal as it’s federally regulated by the CFTC rather than California state gambling laws.
How do Yes/No markets pay out?
You buy or sell a price in cents on Yes or No. If the condition hits, you get $1 per unit; if not, it settles at $0. Orders match between users, fees are shown before you confirm, and each listing spells out the source and timing for settlement.
Is Kalshi California the same as sports betting?
No. A sportsbook accepts wagers and sets lines; at Kalshi CA, users trade event contracts via CFTC-regulated derivatives.
Can you bet on sports in California?
While you cannot bet on sports in California, you can participate in legal sports trading via Kalshi.
Is Kalshi legitimate?
Yes. Kalshi is regulated by the CFTC and legal in California.