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Kalshi vs DraftKings — MLB

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

Right now BeatVig prices 249 MLB props at both venues. Kalshi is the cheaper side on 245 of them and DraftKings is cheaper on 4. Last refreshed 16 Sep 08:59 ET.

How they differ

This is the comparison the whole category argues about, and almost every page answering it is a frozen snapshot from one afternoon. The two venues are not the same kind of thing: DraftKings sets a price and keeps the margin inside it, while Kalshi runs an exchange where traders set the price and the fee sits outside it. On a straight player prop that usually favours Kalshi. On heavily combined bets it often does not. Below is what the two are actually charging on the same props right now, rather than what either was charging in a screenshot.

Where Kalshi is cheaper

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Rbis o0.5

Kalshi Kalshi +194 vs DraftKings DraftKings +146

+6.64%

edge

Juan Soto headshot
Total Bases o1.5

Kalshi Kalshi +133 vs DraftKings DraftKings +102

+6.59%

edge

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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.
DraftKings
The DraftKings sportsbook sets the line, prices both sides with its margin included, and takes the other side of your bet itself. DraftKings Predictions is a separate, CFTC-regulated product with its own pricing and its own state list.
DraftKings' margin is inside the price. You pay it on every bet you place, whether that bet wins or loses.
DraftKings offers the widest US player-prop menu of any venue on this site.

Kalshi vs DraftKings FAQ

Is Kalshi cheaper than DraftKings?

Across the 249 MLB props priced at both venues right now, Kalshi is the cheaper side on 245 and DraftKings is cheaper on 4. Neither venue is cheaper on everything, and the split moves through the day as both boards update.

How do you compare a Kalshi price to a DraftKings 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 DraftKings charge?

DraftKings' margin is inside the price. You pay it on every bet you place, whether that bet wins or loses.

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 DraftKings by sport