What is the fee on Kalshi for this market?

At the current typical price of 13¢, about 1¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.04.

What win rate do I need to break even?

About 14% if you hold to settlement, against a market price of 13%. The gap is the fee.

Markets › Kalshi › Elections

KY, LA & MS governor combo on Kalshi

If ALL of a Republican candidate in Kentucky's Governor election, a Republican candidate in Louisiana's Governor election, and a Republican candidate in Mississippi's Governor election win their respective elections in the 2027 gubernatorial elections in Kentucky, Louisiana, and Mississippi, using the ultimate winners after any Louisiana general election or Mississippi runoff, then the market resolves to Yes.

Settles on: Louisiana Secretary of State, Mississippi Secretary of State, Kentucky State Board of Elections.

Market says (typical open contract)

13%

Median YES price across 8 open contracts, 10 Nov 2026 09:57 UTC.

Real-world odds

—

No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.

Luck needed meter

26% 😈

Mostly decided, says the market. You are paying a fee to collect a few cents the market already agrees on.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
13¢ (now)	0.8¢	$3.04	13.8%
30¢	1.5¢	$2.45	31.5%
50¢	1.8¢	$1.75	51.7%
70¢	1.5¢	$1.05	71.5%
90¢	0.6¢	$0.35	90.6%

Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.

How long until your balance is $0 in this market? →

Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
Contract	YES price	Implied	Fee at this price	Real-world odds	Luck needed	Volume	Closes
Will Republicans win all 3? · Republican sweep	22¢	22%	1.2¢	—	44%	7,545	Nov 30, 15:00 UTC
Will Republicans win none of the 3? · None	17¢	17%	1.0¢	—	34%	2,958	Nov 30, 15:00 UTC
Will Republicans win Louisiana? · Louisiana only	8¢	8%	0.5¢	—	17%	2,235	Nov 30, 15:00 UTC
Will Republicans win Kentucky, Louisiana? · Kentucky, Louisiana	13¢	13%	0.8¢	—	26%	2,214	Nov 30, 15:00 UTC
Will Republicans win Kentucky? · Kentucky only	5¢	5%	0.3¢	—	10%	1,221	Nov 30, 15:00 UTC
Will Republicans win Louisiana, Mississippi? · Louisiana, Mississippi	29¢	29%	1.4¢	—	57%	100	Nov 30, 15:00 UTC
Will Republicans win Kentucky, Mississippi? · Kentucky, Mississippi	11¢	11%	0.7¢	—	22%	48	Nov 30, 15:00 UTC
Will Republicans win Mississippi? · Mississippi only	2¢	2%	0.1¢	—	3%	0	Nov 30, 15:00 UTC

Who actually wins this market

Whoever posts the resting orders and collects the spread without paying a fee.
The venue, on every fee.
Not, on average, the person clicking buy because the chart is going their way. That was us.

Still want to play? Read the deal first: what the account asks for, what the bonus really is, and whether we are paid. Vendors sell bots for markets like this one; see the bot benchmark before you pay for one.