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Kalshi vs FanDuel

Which venue is currently the cheaper side of the same player props, de-vigged and counted live.

Right now BeatVig prices 381 player props at both. Kalshi is the cheaper side 87% of the time (335 of 381), and FanDuel is cheaper on 44. This is the board as it stands at 31 Oct 13:20 ET, not an average over any period — BeatVig measures live prices and keeps no price history.

How they differ

FanDuel prices a deeper prop menu than Kalshi lists, so the interesting question is not who covers more — it is who is cheaper on the props both of them price. FanDuel earns its margin on every bet you make; Kalshi charges a per-contract fee that is biggest on close-to-even markets and smallest on lopsided ones. That means the gap between them is not a constant, and the only honest way to answer it is to measure it per prop, which is what the board below does.

Where Kalshi is cheaper

Counted above: every prop Kalshi prices lower than FanDuel. Listed below: the ones that also beat a de-vigged fair price, which is the stricter test and the only one worth acting on.

Receptions o3.5

KalshiKalshi +15040%40¢ vs FanDuelFanDuel +14041.7%42¢ · +1.67pp vs FanDuel

fair 42.5% · Bovada, multiplicative devig

+0.48pp

+2.48pp was the raw edge before Kalshi's fee, which takes 2.0 percentage points of it

KalshiKalshi +15040%40¢ vs FanDuelFanDuel +11446.7%47¢ · +6.73pp vs FanDuel

fair 42.1% · edge +0.1pp (worst case -1.18pp) — this edge is 0.1 percentage points under the de-vigging method BeatVig publishes and as little as -1.18 under the least flattering of the 2 methods that fit Kalshi's own two-sided prices

+0.1pp

+2.1pp was the raw edge before Kalshi's fee, which takes 2.0 percentage points of it

Assists o5.5

KalshiKalshi -12255%55¢ vs FanDuelFanDuel -15460.6%61¢ · +5.67pp vs FanDuel

fair 56.9% · Pinnacle, multiplicative devig

-0.01pp

+1.99pp was the raw edge before Kalshi's fee, which takes 2.0 percentage points of it

52 more props behind Premium

Free accounts see a 3-edge sample from below the top of the board. Premium unlocks every prop where Kalshi beats FanDuel, in every sport.

Go Premium

How each one charges

Kalshi
Kalshi is a CFTC-regulated exchange. Every contract settles at $1 or $0, so a 42¢ quote is a 42% implied probability with no sportsbook margin layered on top.
Kalshi charges a per-contract trading fee instead of building a margin into the line. The fee is a curve, not a flat rake: it peaks at roughly 1.75¢ on a contract priced near 50¢ and shrinks toward zero at both extremes, and maker fees are a quarter of taker fees.
Kalshi lists player markets as "X or more" yes/no contracts rather than as an over/under line, so BeatVig converts each contract to the equivalent over price before comparing it to a sportsbook number.
FanDuel
FanDuel is a traditional sportsbook: it sets the line and prices both sides with its margin included rather than matching you against another bettor.
FanDuel's margin is inside the price, so it is charged on every bet regardless of the result.
FanDuel prices a broad US player-prop menu across the major leagues.

Kalshi vs FanDuel FAQ

Is Kalshi cheaper than FanDuel?

Across the 381 player props priced at both venues right now, Kalshi is the cheaper side on 335 and FanDuel is cheaper on 44; the rest are priced identically at both. Neither venue is cheaper on everything, and this is a live count of the current boards rather than an average over time.

How do you compare a Kalshi price to a FanDuel price?

Every quote from both venues is converted to the implied probability of the same outcome, so a contract price and an American price become the same unit. The cheaper venue is the one implying the lower probability for the side you want.

What does Kalshi charge?

Kalshi charges a per-contract trading fee instead of building a margin into the line. The fee is a curve, not a flat rake: it peaks at roughly 1.75¢ on a contract priced near 50¢ and shrinks toward zero at both extremes, and maker fees are a quarter of taker fees.

What does FanDuel charge?

FanDuel's margin is inside the price, so it is charged on every bet regardless of the result.

How often does this comparison update?

It is computed from the live board every time the page loads, so it reflects the prices both venues are showing at that moment rather than a snapshot taken on an earlier day.

Kalshi vs FanDuel by sport