What is the fee on Kalshi for this market?

At the current typical price of 2¢, about 0¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $3.41.

What win rate do I need to break even?

About 3% if you hold to settlement, against a market price of 2%. The gap is the fee.

Markets › Kalshi › Sports

Mountain West Conference Tournament on Kalshi

If the Wyoming men's college basketball team are the 2027 Mountain West conference tournament champions, then the market resolves to Yes.

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

Market says (typical open contract)

Median YES price across 10 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

5% 😈

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
3¢ (now)	0.2¢	$3.40	3.2%
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 Grand Canyon be the 2027 Mountain West conference tournament champions? · Grand Canyon	57¢	57%	1.7¢	—	85%	586	Mar 28, 21:00 UTC
Will New Mexico be the 2027 Mountain West conference tournament champions? · New Mexico	32¢	32%	1.5¢	—	65%	394	Mar 28, 21:00 UTC
Will UNLV be the 2027 Mountain West conference tournament champions? · UNLV	11¢	11%	0.7¢	—	22%	290	Mar 28, 21:00 UTC
Will Nevada be the 2027 Mountain West conference tournament champions? · Nevada	14¢	14%	0.8¢	—	27%	195	Mar 28, 21:00 UTC
Will UC Davis be the 2027 Mountain West conference tournament champions? · UC Davis	2¢	2%	0.1¢	—	4%	65	Mar 28, 21:00 UTC
Will Hawai'i be the 2027 Mountain West conference tournament champions? · Hawai'i	2¢	2%	0.2¢	—	5%	49	Mar 28, 21:00 UTC
Will Wyoming be the 2027 Mountain West conference tournament champions? · Wyoming	2¢	2%	0.2¢	—	5%	34	Mar 28, 21:00 UTC
Will UTEP be the 2027 Mountain West conference tournament champions? · UTEP	2¢	2%	0.1¢	—	4%	0	Mar 28, 21:00 UTC
Will San Jose St. be the 2027 Mountain West conference tournament champions? · San Jose St.	2¢	2%	0.1¢	—	4%	0	Mar 28, 21:00 UTC
Will Air Force be the 2027 Mountain West conference tournament champions? · Air Force	2¢	2%	0.1¢	—	3%	0	Mar 28, 21:00 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.