Kalshi vs Manifold
By MattCS · Updated 27 September 2026
Kalshi scores higher overall (8.0 vs 6.7). Kalshi is stronger on payments & payouts, games. Manifold is stronger on bonuses & value.
Scores
8.4
Trust & reputation8.0
9.2
Payments & payouts4.0
5.0
Fairness5.0
9.4
Games8.0
7.6
Bonuses & value9.0
Not scoredDesign & UXNot scored
Side by side
| Kalshi | Manifold | |
|---|---|---|
| Categories | Prediction markets | Prediction markets |
| Bonus | Referral credits for new verified US users | Ṁ1,000 play money when you sign up |
| Provably fair | Not confirmed | Not confirmed |
| Lowest published house edge | Not published | Not published |
| KYC | Required | Not stated |
| Instant withdrawals | Not confirmed | Not confirmed |
| License | CFTC designated contract market | None stated |
| Founded | Not stated | 2021 |
| Games | Sports, Esports, Politics, Economics, Crypto, Weather, Culture | Politics, Sports, Esports, Tech, Culture |
| Deposit with | Card, Bank transfer, PayPal, Crypto | Card, Crypto |
| Withdraw with | Bank transfer, Card | n/a |
| Trustpilot | No reviews | No reviews |
Our verdict
Kalshi is the better all-round pick, 8.0 against 6.7.
Pick Kalshi if…
- + A CFTC-designated exchange since 2020, with its own registered clearing house
- + Funded in dollars: debit card, bank, PayPal, Venmo, Cash App, wire or crypto
- + Sports, politics, economics and esports (CS2, LoL, VALORANT)
Pick Manifold if…
- + Completely free: Ṁ1,000 play money at sign-up
- + Anyone can create a market, on any topic
- + Good for practising before you risk money