Sports News
| Published On Nov 15, 2025 5:00 am CET | By iGaming Team

PrizePicks Teams Up With Kalshi to Bring Prediction Markets

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PrizePicks and Kalshi reached a multi-year partnership that folds Kalshi event contracts directly into the PrizePicks app, creating an entirely different way for fans to engage with real-world outcomes.


Good to Know

  • Kalshi markets inside the PrizePicks app cover sports, entertainment, politics, and culture.
  • Team Picks and Culture Picks debut across dozens of states, including states without legal sports betting.
  • PrizePicks also reached a separate partnership with Polymarket earlier in the week.

A short menu of “more” or “less” predictions shaped the PrizePicks experience for years, but users now gain access to markets that function more like a liquid exchange. Customers can buy and sell contracts tied to game outcomes, cultural milestones, award shows, political races, and even future season totals. Event contracts operate on a simple settlement system, which gives players a fresh way to participate in live conversations around sports and culture.

PrizePicks CEO Mike Ybarra said:

“Expanding into prediction markets delivers on what our customers want, innovative products with more ways to play. Together with Kalshi, we will welcome new customers across many states to the PrizePicks experience, and we couldn’t be more excited about the opportunity ahead in this fast-growing space.”

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Kalshi co-founder and CEO Tarek Mansour highlighted the reach of the rollout and said:

“As of today, people will be able to access Kalshi’s prediction markets within the PrizePicks app. This is a game-changing moment, and we’re excited to be the first to fuel and supercharge the PrizePicks fan experience.”

The collaboration arrives during a busy week for PrizePicks after announcing a separate partnership with Polymarket. Both PrizePicks and Underdog now work with major prediction platforms, which signals meaningful shifts in the fantasy contest industry as more companies seek flexible models that fit varying state rules.

New categories for users across the country

The partnership introduces two main categories: Team Picks and Culture Picks. Team Picks allow customers to buy or sell contracts tied to the winner of a game, fight, or contest, plus long-range futures such as projected team win totals or championship outcomes. Fans who wanted direct exposure to team-based results finally gain that access here.

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Culture Picks open the door to expectation-driven markets in entertainment and news. Users can trade contracts involving winners of Grammy categories, Golden Globes, and even the 2028 presidential race. These contracts bring a lighter, more curiosity-driven flavor to the platform and expand the brand into non-sports categories for the first time.

Team Picks are mostly accessible in states without regulated sports wagering. The list includes:

  1. Alabama
  2. Alaska
  3. Arkansas
  4. Georgia
  5. Hawaii
  6. Idaho
  7. Mississippi
  8. Montana
  9. Nebraska
  10. Oklahoma
  11. Oregon
  12. South Carolina
  13. South Dakota
  14. Texas
  15. Washington

Many Culture Picks markets appear in most states nationwide, making them a broad entry point for users who want a simple way to speculate on award shows or cultural moments.


FAQ

How do Kalshi event contracts work inside the PrizePicks app?

Users can buy or sell contracts tied to outcomes in sports, entertainment, cultural events, and politics. Contracts settle at either zero or one based on the result.

What are Team Picks?

Team Picks let users trade contracts tied to winners of games or fights, plus futures such as season win totals or championship outcomes. These are mostly available in states without regulated sports wagering.

What are Culture Picks?

Culture Picks cover award shows, celebrity headlines, political races, and major cultural events. They are available in the majority of states.

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Did PrizePicks partner with anyone else recently?

Yes, PrizePicks also announced a partnership with Polymarket earlier in the week, expanding its presence in the prediction category.