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Kalshi World Cup 2026: How to trade on 2026 World Cup

The 2026 World Cup begins on June 11, and you can trade Kalshi World Cup markets for any of this year's tournament games, which take place across 16 cities in the United States, Mexico and Canada. 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. You'll also find Kalshi World Cup pricing for every group and other popular markets like the World Cup champion and Golden Boot winner. Claim a $10 trading bonus now after making your first $10 worth of trades:

Best Kalshi World Cup promo code


Kalshi Referral Code

CBSSPORTS

Kalshi Bonus Offer 

$10 trading bonus after your first $10 in trades*

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 

June 1, 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 The credit expires in 30 days and cannot be withdrawn.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

  1. Tap the CLAIM BONUS button and download the Kalshi app.

  2. 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. 

  3. Once registered, tap the green "Deposit Cash" button, choose your preferred deposit method and follow the prompts. 

  4. New users must trade at least $10 in contracts for the $10 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 think the U.S. Men's National Team is going to win its opening match against Paraguay, you can currently purchase shares on the United States to win in 90 minutes + stoppage time for $0.49 per share. You could also trade on Paraguay to win ($0.26) or a regulation tie ($0.26). If you buy 100 shares saying that the United States will win for $49, 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

Use Kalshi referral code CBSSPORTS to earn a $10 trading bonus after $10 worth of trades as a new user:

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

NationKalshi Price
France$0.180
Spain$0.161
England$0.111
Brazil$0.097
Argentina$0.090
Portugal$0.082
Germany$0.052
Netherlands$0.038
Morocco$0.025
Belgium$0.021
Norway$0.020
Colombia$0.018
Japan$0.019
USA$0.016
Croatia$0.014
Mexico$0.014
Bosnia and Herzegovina$0.010
Congo DR$0.010
Czechia$0.010
Iraq$0.010
Uruguay$0.010
Switzerland$0.009
Senegal$0.008
Turkey$0.008
Ecuador$0.007
Austria$0.005
Canada$0.005
Sweden$0.004
Ivory Coast$0.003
Egypt$0.003
South Korea$0.003
Paraguay$0.003
Scotland$0.003
Australia$0.002
Algeria$0.002
Ghana$0.002
Iran$0.002
South Africa$0.002
Tunisia$0.002
Cape Verde$0.001
Curacao$0.001
Haiti$0.001
Jordan$0.001
New Zealand$0.001
Panama$0.001
Qatar$0.001
Saudi Arabia$0.001
Uzbekistan$0.001

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 begins 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, will then 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 $10 trading bonus after $10 worth of trades:

Kalshi World Cup Group Prediction Markets

We'll list the pricing for each respective team in every group to "win the group" and "advance."

Group A

TeamWin GroupAdvance
Mexico$0.52$0.89
Czechia$0.23$0.73
Korea Republic$0.23$0.67
South Africa$0.05$0.46

Group B

TeamWin GroupAdvance
Switzerland$0.53$0.91
Canada$0.28$0.84
Bosnia and Herzegovina$0.19$0.75
Qatar$0.02$0.34

Group C

TeamWin GroupAdvance
Brazil$0.76$0.98
Morocco$0.21$0.88
Scotland$0.07$0.77
Haiti$0.01$0.10

Group D

TeamWin GroupAdvance
United States$0.41$0.85
Turkey$0.35$0.76
Paraguay$0.17$0.68
Australia$0.09$0.51

Group E

TeamWin GroupAdvance
Germany$0.69$0.97
Ecuador$0.22$0.91
Ivory Coast$0.12$0.82
Curacaco$0.01$0.08

Group F

TeamWin GroupAdvance
Netherlands$0.55$0.90
Japan$0.25$0.75
Sweden$0.17$0.68
Tunisia$0.05$0.42

Group G

TeamWin GroupAdvance
Belgium$0.69$0.95
Egypt$0.17$0.76
Iran$0.11$0.64
New Zealand$0.04$0.41

Group H

TeamWin GroupAdvance
Spain$0.79$0.98
Uruguay$0.18$0.89
Saudi Arabia$0.04$0.56
Cape Verde$0.02$0.30

Group I

TeamWin GroupAdvance
France$0.69$0.95
Norway$0.22$0.83
Senegal$0.11$0.69
Iraq$0.02$0.20

Group J

TeamWin GroupAdvance
Argentina$0.74$0.97
Austria$0.14$0.81
Algeria$0.09$0.75
Jordan$0.02$0.23

Group K

TeamWin GroupAdvance
Portugal$0.65$0.95
Colombia$0.36$0.88
Congo DR$0.06$0.56
Uzbekistan$0.02$0.28

Group L

TeamWin GroupAdvance
England$0.73$0.97
Croatia$0.23$0.81
Ghana$0.09$0.59
Panama$0.03$0.35

Kalshi World Cup Prediction Markets for Key Games

USA vs. Paraguay

The United States Men's National Team missed the World Cup entirely in 2018 and has only advanced past the Round of 16 twice in history, but the 2026 FIFA World Cup has been projected as their best chance at a deep run for nearly a decade. They'll have the advantage of playing at home and a roster full of international stars like Christian Pulisic, Weston McKennie and Timothy Weah. They'll kick off their tournament on June 12 at 9 p.m. ET at SoFi Stadium, and a win would go a long way towards sending them to the knockout rounds.

Brazil vs. Morocco

The following night, five-time world champions Brazil will take on Morocco, who made a stunning run to the World Cup semifinals in 2022. They're powerhouses on their respective continents, and the winner here has a chance to establish themselves as the frontrunners in Group C and serious title contenders. The match will be played on June 13 at MetLife Stadium, and kickoff is scheduled for 6 p.m. ET.

England vs. Croatia

This Group L matchup will take place at 4 p.m. ET on June 17 at AT&T Stadium and is a rematch of a World Cup semifinal game in 2018, which Croatia won. Croatia lost to France in the final that year and then finished third at the 2022 World Cup, but can the country make another run despite an aging roster? Meanwhile, England made the final of Euros 2024 and is among the favorites despite having failed to win a major tournament since the 1966 World Cup.

Use Kalshi referral code CBSSPORTS to earn a $10 trading bonus after $10 worth of trades as a new user:

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. Here's a look at the Golden Boot pricing from Kalshi for the 2026 World Cup.

Player NamePricing
Kylian Mbappe$0.17
Harry Kane$0.14
Raphinha$0.14
Lamine Yamal$0.09
Nick Woltemade$0.09
Mikel Oyarzabal$0.07
Erling Haaland$0.06
Ousmane Dembele$0.05
Lionel Messi$0.04
Cristiano Ronaldo$0.04
Alvaro Morata$0.03
Julian Alvarez$0.03
Lautaro Martinez$0.03
Vinicius Junior$0.03
Bukayo Saka$0.03
Luis Diaz$0.03
Romelu Lukaku$0.03
Bruno Fernandes$0.02
Christian Pulisic$0.01
Darwin Nunez$0.01

Kylian Mbappe

The Real Madrid superstar and French international led all scorers with eight goals at the 2022 FIFA World Cup, narrowly edging out Argentinian legend Lionel Messi (7). Mbappe is in his prime at 27 years old and he's scored 41 goals in 42 matches across all competitions for Real Madrid this season. He's the favorite to win the Golden Boot at a price of $0.17 per share.

Harry Kane

Another former Golden Boot winner, Kane scored six goals to win the award in 2018 in Russia. Kane scored 58 goals in 51 matches for German giants Bayern Munich this year and he's also scored 78 goals in 112 international appearances for England. He's priced at $0.14 per share.

Raphinha

The Brazilian winger plays for FC Barcelona in Spain, where he's enjoyed the best scoring form of his career. Raphinha has scored 53 times across 89 matches for Barcelona in the last two seasons and the potential for Brazil to make a deep run puts his price at $0.14 per share. However, it's worth noting that Raphinha has only scored 11 times in 37 caps for Brazil.

Lamine Yamal

The Spanish teenager is widely regarded as the best young player in the world and he helped guide FC Barcelona to a La Liga title this season. The 18-year-old scored 24 goals in 45 matches across all competitions this season at the club level and he also has six goals in 25 appearances for Spain during his career. He's priced at $0.09 per share to win the Golden Boot.

Lionel Messi

The 38-year-old was the runner-up for the Golden Boot in 2022 and the legendary Argentinian is back for another World Cup run in 2026. Messi currently plays for Inter Miami in the MLS, where he has managed 12 goals in 14 appearance so far this season. He has 116 goals for Argentina under his belt and he's still a threat to find the back of the net even at this advanced age. He's priced at $0.04 per share to score the most goals at the FIFA World Cup.

Cristiano Ronaldo

The five-time Ballon d'Or winner is still scoring goals at 41, having scored 28 times in 36 matches for Saudi Pro League squad Al-Nassr this year. In 226 career caps for Portugal, he's scored 143 times and he'll be wearing the captain's armband for his record sixth World Cup this year. Ronaldo is also priced at $0.04 per share to win the Golden Boot.

Christian Pulisic

The 27-year-old American currently plies his trade for AC Milan after previously playing for European giants like Chelsea and Borussia Dortmund. He has 32 goals in 84 career appearances for the U.S. Men's National Team and he's often their most consistent threat to score despite primarily playing as an attacking midfielder. "Captain America" is a $0.01 longshot to win the Golden Boot.

Use Kalshi referral code CBSSPORTS to earn a $10 trading bonus after $10 worth of trades as a new user:

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?

France is the favorite to win the 2026 FIFA World Cup at $0.18 per share. Other top 2026 World Cup contenders are Spain ($0.16), England ($0.11), Brazil ($0.10) and Argentina ($0.09).

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 $10 trading bonus after completing $10 worth of trades.