Kalshi vs sportsbooks in Georgia
Why Kalshi is legal in Georgia when sportsbooks are not
Georgia remains one of the largest states with no legal sports betting: constitutional-amendment efforts have repeatedly stalled, and no online sportsbook is licensed to operate there. Prediction markets are open to Georgians through a separate legal door — Kalshi operates as a CFTC-regulated derivatives exchange under federal law, so its event contracts on sports, elections, and the economy are available statewide without any change to Georgia's gambling statutes.
Current status and notes: prediction markets in Georgia.
What the fees look like
Trading costs on Kalshi are a published, per-trade taker fee rather than a margin baked into the line. Georgians used to seeing offshore-book odds will notice the difference: the price on screen is the market's price, and the fee is itemized — typically a smaller cut than the roughly 4.5% a standard -110 sportsbook line withholds.
| Venue | Fee per contract | Total taker fee |
|---|---|---|
| Kalshi | 1.75¢ | $1.75 |
| Polymarket US | 1.50¢ | $1.50 |
Exchange-side taker fees per each venue's published formula (rate × contracts × price × (1 − price), Kalshi rounds the order total up to the next cent). Fees peak at 50¢ and shrink toward the extremes. Most quoted cross-venue “arbs” are negative-EV after these fees — the taker-fee breakeven on a Kalshi/Polymarket pair is roughly 3.5–4¢.
Try Kalshi in Georgia
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