What is the fee on Kalshi for this market?

At the current typical price of 0¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.48.

What win rate do I need to break even?

About 1% if you hold to settlement, against a market price of 0%. The gap is the fee.

Markets › Kalshi › Sports

UEFA European Championship on Kalshi

If Wales is the 2028 UEFA European Championship champion, then the market resolves to Yes.

Settles on: ESPN, Fox Sports.

Market says (typical open contract)

Median YES price across 30 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

1% 😈

All but decided, says the market. The remaining cents are the price of the rare surprise, and the fee comes off them first.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
1¢ (now)	0.1¢	$3.47	1.1%
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 Spain win the 2028 UEFA Euros? · Spain	20¢	20%	1.1¢	—	41%	5,525	Aug 15, 14:00 UTC
Will France win the 2028 UEFA Euros? · France	17¢	17%	1.0¢	—	34%	5,404	Aug 15, 14:00 UTC
Will England win the 2028 UEFA Euros? · England	16¢	16%	1.0¢	—	33%	4,232	Aug 15, 14:00 UTC
Will Italy win the 2028 UEFA Euros? · Italy	6¢	6%	0.4¢	—	12%	2,569	Aug 15, 14:00 UTC
Will Netherlands win the 2028 UEFA Euros? · Netherlands	6¢	6%	0.4¢	—	12%	2,280	Aug 15, 14:00 UTC
Will Portugal win the 2028 UEFA Euros? · Portugal	8¢	8%	0.5¢	—	17%	2,193	Aug 15, 14:00 UTC
Will Norway win the 2028 UEFA Euros? · Norway	2¢	2%	0.2¢	—	5%	1,976	Aug 15, 14:00 UTC
Will Turkiye win the 2028 UEFA Euros? · Turkiye	2¢	2%	0.1¢	—	3%	1,929	Aug 15, 14:00 UTC
Will Denmark win the 2028 UEFA Euros? · Denmark	2¢	2%	0.1¢	—	3%	1,825	Aug 15, 14:00 UTC
Will Germany win the 2028 UEFA Euros? · Germany	10¢	10%	0.6¢	—	20%	1,761	Aug 15, 14:00 UTC
Will Croatia win the 2028 UEFA Euros? · Croatia	1¢	1%	0.1¢	—	2%	1,745	Aug 15, 14:00 UTC
Will Poland win the 2028 UEFA Euros? · Poland	0¢	0%	0.0¢	—	1%	1,524	Aug 15, 14:00 UTC
Will Georgia win the 2028 UEFA Euros? · Georgia	0¢	0%	0.0¢	—	1%	1,284	Aug 15, 14:00 UTC
Will Bosnia and Herzegovina win the 2028 UEFA Euros? · Bosnia and Herzegovina	0¢	0%	0.0¢	—	1%	1,050	Aug 15, 14:00 UTC
Will Ireland win the 2028 UEFA Euros? · Ireland	0¢	0%	0.0¢	—	1%	1,008	Aug 15, 14:00 UTC
Will Switzerland win the 2028 UEFA Euros? · Switzerland	2¢	2%	0.1¢	—	3%	1,005	Aug 15, 14:00 UTC
Will Belgium win the 2028 UEFA Euros? · Belgium	2¢	2%	0.2¢	—	5%	1,005	Aug 15, 14:00 UTC
Will Wales win the 2028 UEFA Euros? · Wales	0¢	0%	0.0¢	—	1%	1,004	Aug 15, 14:00 UTC
Will Ukraine win the 2028 UEFA Euros? · Ukraine	0¢	0%	0.0¢	—	1%	1,004	Aug 15, 14:00 UTC
Will Slovenia win the 2028 UEFA Euros? · Slovenia	0¢	0%	0.0¢	—	1%	1,004	Aug 15, 14:00 UTC
Will Scotland win the 2028 UEFA Euros? · Scotland	0¢	0%	0.0¢	—	1%	1,004	Aug 15, 14:00 UTC
Will Romania win the 2028 UEFA Euros? · Romania	0¢	0%	0.0¢	—	1%	1,004	Aug 15, 14:00 UTC
Will Hungary win the 2028 UEFA Euros? · Hungary	0¢	0%	0.0¢	—	1%	1,004	Aug 15, 14:00 UTC
Will Czechia win the 2028 UEFA Euros? · Czechia	0¢	0%	0.0¢	—	1%	1,004	Aug 15, 14:00 UTC
Will Austria win the 2028 UEFA Euros? · Austria	0¢	0%	0.0¢	—	1%	1,004	Aug 15, 14:00 UTC
Will Albania win the 2028 UEFA Euros? · Albania	0¢	0%	0.0¢	—	1%	1,004	Aug 15, 14:00 UTC
Will Northern Ireland win the 2028 UEFA Euros? · Northern Ireland	0¢	0%	0.0¢	—	1%	1,000	Aug 15, 14:00 UTC
Will Sweden win the 2028 UEFA Euros? · Sweden	2¢	2%	0.2¢	—	5%	928	Aug 15, 14:00 UTC
Will Serbia win the 2028 UEFA Euros? · Serbia	0¢	0%	0.0¢	—	1%	311	Aug 15, 14:00 UTC
Will Slovakia win the 2028 UEFA Euros? · Slovakia	0¢	0%	0.0¢	—	1%	66	Aug 15, 14:00 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.