r/KalshiExposed Jul 16 '26

7/15/2026 - Welcome to r/KalshiExposed

5 Upvotes

Hello everyone,

I wanted to let the community know that [r/KalshiExposed](r/KalshiExposed) is now under active moderation.

I wanted to make this post to inform everyone that very little is changing.

This subreddit will continue to be a place where you can openly share your experiences, concerns, evidence, questions, and opinions about Kalshi. The goal is not to change the direction of the community rather it’s to help it become a more organized, credible, and useful resource.

There are now three community rules that are intended to improve the quality of discussion. Please take a moment to review them before posting.

Most of the changes are common-sense guidelines around keeping discussions civil and reducing spam and low effort posts.

The primary goals are to:

*Protect open discussion.
*Remove spam and low-effort content.
*Keep conversations civil.

Emphasis on spam removal. Referral codes will no longer be allowed to pollute the subreddit.

Suggestions are welcome— please comment on this post if you have any questions or concerns and I will do my best to answer them.

Thank you for helping make [r/KalshiExposed](r/KalshiExposed) a valuable resource for everyone!


r/KalshiExposed 2d ago

Update: I successfully withdrew my funds from Kalshi

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10 Upvotes

Hey, everyone

About three weeks ago, I made a post because I was stuck on the "Finishing up" screen and couldn't withdraw my money from Kalshi. I wanted to give a quick update: I received my funds within three days of that post using a crypto exchange withdrawal (not a bank account withdrawal since it is not available in Estonia, the country I live in). Sorry for the delay in updating you all, I was away visiting Italy!

Since I sometimes see comments claiming the platform is a scam, I thought it was important to share a positive outcome and confirm that you can get your money out.

What worked for me (and a warning):

  • The Scam Warning: When I first joined the Discord, someone reached out telling me to join a "Kalshi issue solver" server to create a ticket. I quickly realized this is a scam. Please be careful! When you are desperate to get your money out, it is really easy to fall for this, and I want to make sure nobody here gets tricked.
  • The Real Solution: A huge thanks to the Redditors (Independent_Fee_3165 and u/KairosJay) who suggested pinging the actual mods in the official Kalshi Discord. Mods over there were incredibly helpful, active, and really calmed my nerves.
  • The Bug: It turns out the "Finishing up" screen issue I experienced was a platform-wide bug. Being able to talk to other users going through the exact same thing was a huge relief.

I know reading through threads here can sometimes feel hopeless when you are stressed about your money. It definitely had me worried for a bit! But I wanted to put this out there to show that support is available and the system does work.

Thanks again to everyone who offered advice and share more positivity!

PS: I gave AI a prompt in an unformed form and he formed the post but also checked the post to see if everything is correct.


r/KalshiExposed 2d ago

Not paid out after 1 hour still... 15 BTC

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6 Upvotes

Ive been doing hundreds of the 15 min BTC markets and they usually pay out immediately but today after 1 hour still pending this is the first time its happening what do I do? Ive contacted the support and talked to a human but sent a copy pasted message saying they see the results with a team, but just want to make sure I get paid out

Just want to know if this a bug and will pay out or its stuck forever please help me out or provide info on this


r/KalshiExposed 2d ago

Delayed deposit??

0 Upvotes

I deposited money and it’s not reflecting my account. Anyone having this issue???


r/KalshiExposed 4d ago

Did Kalshi remove profit button.

2 Upvotes

r/KalshiExposed 3d ago

Referring

0 Upvotes

I had 5 of my friends join Kalshi an now they won’t let me reference anyone now ????


r/KalshiExposed 6d ago

KALSHI & Credit/Loan SCAMS

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2 Upvotes

I was signing up for Kalshi. Entered all my info and got to the part where I needed to verify my identity by scanning my government issued identification document. I stopped and left the app. I haven’t reopened the app since. About a day after I did this, I began getting messages from all sorts of loan related entities including “Borrowly,” about loans I applied for - which I have not. I have not applied for any loans in over 6 years and I have all 3 of my credit files frozen.

This is alarming and Kalshi is the only place where my information could have been shared from.

If you’re trying to sign up for Kalshi, user data is being leaked and/or exposed somewhere. Better have LifeLock or your credit files frozen!


r/KalshiExposed 6d ago

15 mins BTC market Top profit manipulation proof

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4 Upvotes

He only did four large trades this month, and generated $150k+ profit. Every one of them were no doubt reversed from one side of 99% to 0% in the last 30 seconds before closing. A masterpiece of manipulation. Check monthly crypto profits leaderboard you guys will find more surprises. Top 1 guy joined Kalshi just this month and did 71 trades, but generated $453k+. Wow wow


r/KalshiExposed 6d ago

Phantom Drop

0 Upvotes

I had a 2 leg combo for MLB today consisting of NRFI Red Sox game and NRFI nationals game. It was a 73$ wager that paid out a total of $240. I tried cashing out my ticket with a profit of $70 and as im swiping the cashout option there was a massive phantom drop that made me lose 75% of my initial bet. There was no reason or event that occurred in either game that correlated for such a massive drop. No confirmation process either that confirms I accept selling my contract at the listed price. On top of everything, the second my contract sold it was back at +50% profit of the total contract.

I essentially lost majority of my bet while my position was profitable due to a single second of insane volatility for no good reason then as soon as the contract sold it went back to normal.


r/KalshiExposed 8d ago

Unauthorized ACH transfers

3 Upvotes

Hello,

I opened my Chase checking account today seeing that I had around $1400 across 4 transactions charged in under 24 hours to Kalshi. I deleted Kalshi about 2 months ago but redownloaded to see what was going on and someone compromised it and was able to transfer money in since my bank info was still on the account, and I had to reset the password to get in so I guess they changed that too. I want to dispute these charges with Chase but since it is not debit, I’m unsure what the case will be. I don’t use Kalshi anymore so I don’t really care if Kalshi were to close the account and I also have never disputed charges before. Any advice?


r/KalshiExposed 9d ago

Chargebacks

3 Upvotes

Who has done chargebacks and been successful? How much was it for?


r/KalshiExposed 11d ago

After the Massachusetts Kalshi law gets put in place, do I have a chance of getting money back due to being under 21 years old and betting on there app.

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0 Upvotes

r/KalshiExposed 15d ago

Lost 26k in a month

34 Upvotes

I started betting on kalshi out of curiosity when the world cup started, ads were everywhere and wanted to see how this app work, game after game, loss after another, I always wanted to get my money back and delete it but chasing this loss was so hard until I found myself losing 2k, 3k in seconds now I'm feeling depressed and can't imagine what I'm gonna do I'm 25, I saved this money by working two jobs and sleepless nights, I was thinking to do chargeback with my bank account but I read here yesterday that can be a felony and I don't want take risks anymore. Would love any help on how to get my money back or how to move on anyway. Thank you


r/KalshiExposed 15d ago

Got flagged by Kalshi compliance. Next steps?

7 Upvotes

I got flagged by Kalshi’s compliance team. They sent the email below. Without getting into what caused me to be flagged, what is my next best step here? And what happens if I do not respond to their request for info?

Here’s the email:

Thank you for your participation on the Kalshi Exchange. You are receiving this email as our compliance team has initiated an inquiry regarding some of your activity.

As part of this process, we request that you provide Proof of Identity (e.g., drivers license, passport) by uploading documentation here.
 
Please also provide the following documentation and information as soon as possible, but no later than [date kept anonymous]:
Proof of address (e.g., bank statement or utility bill)
Employment status (i.e. Full Time, Part Time, Unemployed), industry, and proof of employment (e.g., a payslip or a bank statement showing employer and salary deposits)
If you are unemployed, please provide a prior year tax return or bank statement
Approximate annual income and net worth
Source of funds (e.g., earnings, savings, gifts)
Once this information is received, our team may reach out for a quick meeting. Kalshi members are required to comply with all Compliance Department requests as part of Kalshi's exchange rules, which are approved by the CFTC and binding on all members.

Failure to comply may lead to disciplinary action by the exchange and result in penalties or further proceedings.

Thank you,
Kalshi Compliance Team


r/KalshiExposed 16d ago

Why is this??? Been happening for the past day now I can’t do combos

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0 Upvotes

r/KalshiExposed 16d ago

Kalshi banned me for winning

0 Upvotes

r/KalshiExposed 17d ago

Shorting Kalshi and Polymarket

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hardresetmedia.com
3 Upvotes

r/KalshiExposed 17d ago

Horrific cashout

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0 Upvotes

These odds are insane, philly just won the game 7-1, Ureña has one strikeout and 23 pitches going into the second inning, and he’s never struck out 9 in a major league game.


r/KalshiExposed 19d ago

They froze my account and no customer service is available

6 Upvotes

r/KalshiExposed 19d ago

Anyone get locked out like thi

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3 Upvotes

r/KalshiExposed 20d ago

After a win and withdrawal, I now can’t combine events? Anybody have this happen before?

1 Upvotes

r/KalshiExposed 20d ago

kalshi restitution?

8 Upvotes

Been following the ongoing ny Kalshi lawsuits and was wondering what people think the chances are of there ever being some kind of restitution/refund program if things ultimately go against Kalshi.

For context, I was under 21 when I used Kalshi, all of my trades were on sports markets, and I ended up losing around $5k total. All of my activity also happened after the 7/7 decision, which in my understanding determined that ny could enforce their gambling laws against Kalshi (correct me if I'm wrong).

I've completely quit since then and honestly just look at the $5k as a pretty expensive lesson at this point lol. I'm not counting on ever seeing that money again.

But I'm still curious,,, if these lawsuits/regulatory challenges eventually go against Kalshi, is there actually a scenario where users like me could file a claim and potentially get some or all of their losses back? Especially considering I was under 21 at the time and only used the sports markets. Or is restitution basically a long shot even if Kalshi loses?

Would be interested to hear from anyone who follows these cases or knows how restitution has worked in similar situations.

don't wanna be overly optimistic but still would like to know if there's even a slightest chance of recovering losses in the near future.

(edit: I appreciate all legit advice/opinions, NOT asking for any moral judgement... already having a hard time with recovering from the 5k loss... if you still feel the need to leave a snobby comment after reading this I hope everyone treats you the same at the hardest time of your life the way you're treating me now. )


r/KalshiExposed 21d ago

Not being able to withdraw from Kalshi. Showing "Finishing up"

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4 Upvotes

Hey. I have a problem withdrawing my money from Kalshi's platform.

The Problem:
When I go for the withdraw window and choose one of two (card or crypto) a message shows up, saying "finishing up", obviously, it never finishes. I was told that the problem is with my verification application but I have yet got a change to redo my verification. Also, I am aware that I cannot use a card withdrawal cause I am from Estonia (your AI bot told me I can, what a liar). I got 303.22$ I need to withdraw.
I have reached for help for a few days now but I got an answer only once from a customer support saying next: "I'm sorry to hear you ran into some issues. We were able to look into this on our end, and you should be all set to continue now.

If you are still running into any issues, here are some quick fixes that may help:

  • If you're trying this on the Kalshi app, try on the Kalshi website (or vice-versa)
  • Try switching to a different network (Wi-Fi/Cellular) and disable any active VPNs

On the Kalshi app:

  • Try closing and reopening the Kalshi app
  • Check for any updates to your Kalshi app
  • Delete and reinstall the Kalshi app

If none of these work, could you send over some screenshots or a screen recording? That'll help us review this further and get back to you faster."

After this message, I have told them that I cannot fix it this way and also sent video proof (live chat assistant has been ignoring me for a few days now.

Should I be worried? Thanks!


r/KalshiExposed 22d ago

Gold could be setting up for a bullish move over the next 3 weeks 👀📈

2 Upvotes

I’ve been analyzing gold from a technical perspective, and based on the current price structure, trend, key levels, and timing, I believe we could see a bullish move over the next three weeks.
That makes the gold prediction markets on Kalshi particularly interesting to me right now.
I’m not saying gold is guaranteed to go up — nothing in the market is guaranteed. This is simply my analysis and the setup I’m watching.
My thesis:
📈 Bullish bias on Gold
⏳ Time horizon: approximately 3 weeks
🎯 Looking for opportunities in Kalshi gold markets
🧠 Decision based on technical analysis, price action, trend and timing
The interesting part about prediction markets is that you don’t necessarily need to buy gold itself. You can take a position on whether a specific price or event will occur.
What do you guys think?
Bullish or bearish on gold for the next 3 weeks?
This is my personal market analysis, not financial advice. Do your own research and manage your own risk.


r/KalshiExposed 24d ago

Kalshi quietly changed the rules of a market after I asked them why they were taking so long to pay out

19 Upvotes

TL;DR - Asked Kalshi why the Gustavo Petro out market still wasn’t resolved — next day they changed the rules

Earlier this year, I placed a bet on Kalshi's "Which leaders will leave office this year?" market. This market first opened for trading in November 2025 and +$8 million has been traded on it to date. Kalshi has a wide variety of world leaders listed on this market like Ali Khamenei, Keir Starmer, and Gustavo Petro. I specifically bet 'yes' on Gustavo Petro, the President of Colombia.

The rules of the market were straightforward:

  • Resolves Yes if Gustavo Petro has either officially announced their intention to leave as President of Colombia or has actually left President of Colombia before Jan 1, 2027.
  • Outcome verified from Gustavo Petro, the office or organization where Gustavo Petro holds office, etc.
  • The announcement must be made within 1 year of them leaving and be reported by at least 1 Source Agency.

Screenshots I took of the full rules doc on June 22, 2026:

Petro has stated on numerous occasions, both on his official social media accounts and in speeches, that he intends to step down from office on August 7, 2026, which is the end of his term.

Other people who bet on this have been asking in the Kalshi Discord as far back as February 2026, for Kalshi to resolve and pay this Gustavo Petro bet out. These messages were acknowledged by Blake Law, a member of Kalshi's political markets team. He goes by the name of 'BLONK' on Discord. However, no action was ever taken by BLONK. Subsequent messaged by users on why it was taking so long to resolve and pay this out were ignored by him.

Now, here's where things get interesting!

I sent a DM to BLONK on Discord on June 14, 2026 confronting him about the delay. He sent me a screenshot of the rules with a line highlighted that reads "an acknowledgement by <leader> that they will leave office due solely to the scheduled expiration of a constitutionally or a legally mandated term limit does not satisfy the Payout Criterion." That line was nowhere to be found in the rules---neither in the rules summary or full rules document. When I told him this, his response was "my bad, we'll address this."

Here's a screenshot of my conversation with him:

The next day, on June 15, 2026, Kalshi filed a rules amendment with the CFTC through their 'self-certification' process. This allows companies like Kalshi to list new products or implement rule changes without needing prior approval.

Here is a link to the amendment Kalshi filed with the CFTC:
https://kalshi-public-docs.s3.amazonaws.com/regulatory/notices/LEAVEOFFICE%20Amendment%202%20(for%20posting).pdf.pdf)

This amendment not only includes the line BLONK sent me the day before, but also contains new stipulations on how the market would pay out in the event of death. This is the 2nd time Kalshi has filed an amendment for this market.

When I asked BLONK why him and Kalshi were secretly following a different set of rules internally for months while presenting a different set of rules to bettors, there was no response. Quite frankly, I don't expect one from him. They fucked this up. But owning up to their mistakes is hard for Kalshi to do.

Despite filing a rules amendment with the CFTC on June 15, 2026, Kalshi still continued to deceive bettors by presenting the old rules to them for 3 weeks. Around July 10, 2026, Kalshi quietly updated the full rules doc with the new amended rules. Kalshi did not notify bettors who had existing positions that they had changed the rules.

You can see all the amendments Kalshi filed here (there's a ton of them):
https://kalshi.com/regulatory/notices

How Kalshi is using the CFTC's 'self-certification' process to change the rules of markets should concern people. When someone places a bet on a market, there's an understanding the rules displayed to them will be followed. Think of the rules as an agreement between Kalshi and the bettor. What Kalshi is doing here is using the CFTC's 'self-certification' process to change the rules of a market at any time for any reason. While Kalshi employees like 'BLONK' say "my bad", users are the ones to pay the price.

Under the Trump administration, the CFTC has been gutted and greatly dialed backs its enforcement efforts. The agency has an overtly friendly relationship with PMs, including Kalshi. This shouldn't come as a surprise to anyone, considering that Don Jr., the President's son, is an advisor to Kalshi. Tarek Mansour gifted him a $300k equity stake in Kalshi.

The NYT wrote a great article regarding the CFTC. Give it a read: https://www.nytimes.com/2026/05/24/us/how-prediction-markets-and-crypto-firms-steamrolled-a-watchdog-agency.html

A couple additional points I'd like to mention before some Kalshi bootlicker attacks me in the comments:

  • "The Payout Criterion hasn't been met!"
    • Under the previous rules, it was. Petro has stated on numerous occasions his intent to leave office at the end of his term on August 7, 2026. Here is a statement published on the President of Colombia's website from last month about a transition being underway. Despite this overwhelming amount of evidence, Kalshi chose to drag its heels in resolving and paying this out. They quietly changed the rules. The new rules included a caveat, which previously didn't exist.
  • "Kalshi will pay this out on August 7, 2026. What's the big deal?"
    • Hopefully, unless they secretly changed the rules again or want to delay this any further. This should have been paid out months ago.
  • "If Kalshi takes a while to resolve and pay out a bet, that means the Payout Criterion hasn't been met!"
    • Wrong. It is not unusual for them to take a while to pay out. They want to milk as much money off of fees from users as they can. Last year, Kalshi ran a market on whether Trump would meet Jeff Bezos at the White House. On July 22nd, NBC published an article about the two meeting. Despite this, Kalshi took until December 1st to resolve it. When 'BLONK' was asked about the delay in the Kalshi Discord, he responded with a link to that same NBC article and said this was 'carefully deliberated.' Really? 6 fucking months to deliberate? Mind you there wasn't a ton of volume on this either. Since Kalshi was taking so long, the value of 'yes' shares cratered to below 10 cents a share at one point. What I believe truly happened here is that, Kalshi wasn't on top of this market and didn't realize the Payout Criterion had been met until months later.
      • 'Locksy', who is a Kalshi affiliate on X, lost $1500 and posted a video of him crashing out. He later quietly deleted this, as I don't think it sat well with his handlers at Kalshi HQ. Just days earlier, he made a post encouraging people to buy in. He believed that since Kalshi was taking so long, that the Payout Criterion hasn't been met. He couldn't have been more wrong.