What is the fee on Kalshi for this market?

At the current typical price of 0¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.48.

What win rate do I need to break even?

About 1% if you hold to settlement, against a market price of 0%. The gap is the fee.

Markets › Kalshi › Sports

Big 12 Champion on Kalshi

If West Virginia wins the 2026 College Football Big 12 Championship Game, then the market resolves to Yes.

Settles on: The Wall Street Journal, ESPN, Fox Sports.

Market says (typical open contract)

Median YES price across 16 open contracts, 10 Nov 2026 04:28 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

1% 😈

All but decided, says the market. The remaining cents are the price of the rare surprise, and the fee comes off them first.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
1¢ (now)	0.1¢	$3.47	1.1%
30¢	1.5¢	$2.45	31.5%
50¢	1.8¢	$1.75	51.7%
70¢	1.5¢	$1.05	71.5%
90¢	0.6¢	$0.35	90.6%

Makers also pay a smaller 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 Oklahoma St. win the College Football Big 12 Championship? · Oklahoma St.	6¢	6%	0.4¢	—	11%	496,145	Jan 02, 15:00 UTC
Will Utah win the College Football Big 12 Championship? · Utah	47¢	47%	1.7¢	—	94%	431,592	Jan 02, 15:00 UTC
Will Texas Tech win the College Football Big 12 Championship? · Texas Tech	20¢	20%	1.1¢	—	41%	363,660	Jan 02, 15:00 UTC
Will Arizona St. win the College Football Big 12 Championship? · Arizona St.	0¢	0%	0.0¢	—	1%	333,784	Jan 02, 15:00 UTC
Will Houston win the College Football Big 12 Championship? · Houston	8¢	8%	0.5¢	—	16%	312,615	Jan 02, 15:00 UTC
Will Arizona win the College Football Big 12 Championship? · Arizona	4¢	4%	0.2¢	—	7%	284,098	Jan 02, 15:00 UTC
Will BYU win the College Football Big 12 Championship? · BYU	8¢	8%	0.5¢	—	17%	278,343	Jan 02, 15:00 UTC
Will Baylor win the College Football Big 12 Championship? · Baylor	2¢	2%	0.2¢	—	5%	271,606	Jan 02, 15:00 UTC
Will Colorado win the College Football Big 12 Championship? · Colorado	0¢	0%	0.0¢	—	1%	244,889	Jan 02, 15:00 UTC
Will West Virginia win the College Football Big 12 Championship? · West Virginia	0¢	0%	0.0¢	—	1%	234,197	Jan 02, 15:00 UTC
Will TCU win the College Football Big 12 Championship? · TCU	0¢	0%	0.0¢	—	1%	213,042	Jan 02, 15:00 UTC
Will Kansas St. win the College Football Big 12 Championship? · Kansas St.	0¢	0%	0.0¢	—	1%	180,626	Jan 02, 15:00 UTC
Will Iowa St. win the College Football Big 12 Championship? · Iowa St.	0¢	0%	0.0¢	—	1%	124,975	Jan 02, 15:00 UTC
Will Cincinnati win the College Football Big 12 Championship? · Cincinnati	0¢	0%	0.0¢	—	1%	113,540	Jan 02, 15:00 UTC
Will UCF win the College Football Big 12 Championship? · UCF	0¢	0%	0.0¢	—	1%	112,101	Jan 02, 15:00 UTC
Will Kansas win the College Football Big 12 Championship? · Kansas	0¢	0%	0.0¢	—	1%	28,656	Jan 02, 15:00 UTC

Who actually wins this market

Whoever posts the resting orders and collects the spread.
The venue, on every fee.
Not, on average, the person clicking buy because the chart is going their way. That was us.

Still want to play? Read the deal first: what the account asks for, what the bonus really is, and whether we are paid. Vendors sell bots for markets like this one; see the bot benchmark before you pay for one.