What is the fee on Kalshi for this market?

At the current typical price of 12¢, about 1¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.06.

What win rate do I need to break even?

About 13% if you hold to settlement, against a market price of 12%. The gap is the fee.

Markets › Kalshi › Sports

Ivy League Conference Tournament on Kalshi

If Yale is the 2027 Men's College Basketball Ivy League conference tournament champion, then the market resolves to Yes.

Settles on: Kalshi using information originating from the NCAA, ESPN, Fox Sports.

Market says (typical open contract)

12%

Median YES price across 8 open contracts, 10 Nov 2026 09:57 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

25% 😈

Mostly decided, says the market. You are paying a fee to collect a few cents the market already agrees on.

The cover charge

Fee and break-even by purchase price
If you buy at	Fee per contract	On $50	Win rate to break even
12¢ (now)	0.7¢	$3.08	12.7%
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%

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 Yale be the Ivy League tournament champions? · Yale	16¢	16%	0.9¢	—	31%	835	Mar 29, 19:00 UTC
Will Penn be the Ivy League tournament champions? · Penn	23¢	23%	1.2¢	—	46%	676	Mar 29, 19:00 UTC
Will Harvard be the Ivy League tournament champions? · Harvard	29¢	29%	1.4¢	—	57%	228	Mar 29, 19:00 UTC
Will Princeton be the Ivy League tournament champions? · Princeton	12¢	12%	0.8¢	—	25%	164	Mar 29, 19:00 UTC
Will Brown be the Ivy League tournament champions? · Brown	2¢	2%	0.1¢	—	4%	150	Mar 29, 19:00 UTC
Will Cornell be the Ivy League tournament champions? · Cornell	7¢	7%	0.5¢	—	14%	144	Mar 29, 19:00 UTC
Will Columbia be the Ivy League tournament champions? · Columbia	6¢	6%	0.4¢	—	12%	98	Mar 29, 19:00 UTC
Will Dartmouth be the Ivy League tournament champions? · Dartmouth	0¢	0%	0.0¢	—	1%	50	Mar 29, 19:00 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.

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.