What is the fee on Kalshi for this market?

At the current typical price of 38¢, about 2¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $2.17.

What win rate do I need to break even?

About 40% if you hold to settlement, against a market price of 38%. The gap is the fee.

Markets › Kalshi › Politics

House Democratic committee term limits on Kalshi

If the House Democratic Caucus adopts a rule limiting how long a member may serve as chair or ranking member of a House committee after Issuance and before Feb 1, 2027, then the market resolves to Yes.

Settles on: The Guardian, ABC, South China Morning Post, The Information, The Wall Street Journal, Bloomberg News, CBS, NBC, BBC, The Washington Post, Axios, CNN, Fox News, Reuters, ABC News Australia, Semafor, MSNBC, the Associated Press, CBC, Politico, the New York Times.

Market says (typical open contract)

38%

Median YES price across 1 open contract, 10 Nov 2026 23:27 UTC.

Real-world odds

—

No independent base rate yet. Until we connect one (sportsbook consensus, forecasts, the score), the market's own price is the best public forecast, and the fee sits on top of it.

Luck needed meter

76% 😈

Half luck. The favorite is clear, the fee is not small, and the payout on the favorite is thin.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
30¢	1.5¢	$2.45	31.5%
38¢ (now)	1.6¢	$2.17	39.6%
50¢	1.8¢	$1.75	51.7%
70¢	1.5¢	$1.05	71.5%
90¢	0.6¢	$0.35	90.6%

Resting orders pay no fee on this series. Formula: 7% × contracts × price × (1 − price), rounded up, on orders that take liquidity. Break-even assumes you hold to settlement; trading out early pays the fee twice.

How long until your balance is $0 in this market? →

Open contracts right now

Open contracts in this series with price, implied probability, volume and close time
Contract	YES price	Implied	Fee at this price	Real-world odds	Luck needed	Volume	Closes
Will it be reported by any of the Source Agencies that the House Democratic Caucus adopts a rule limiting how long a member may serve as chair or ranking member of a House committee before Feb 1, 2027? · Yes	38¢	38%	1.6¢	—	76%	0	Feb 01, 04:59 UTC

Who actually wins this market

Whoever posts the resting orders and collects the spread without paying a fee.
The venue, on every fee.
Not, on average, the person clicking buy because the chart is going their way. That was us.

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