What is the fee on Kalshi for this market?

At the current typical price of 16¢, about 1¢ per contract (7% × price × (1 − price), rounded up, on orders that take liquidity). On a $50 trade that is about $2.96.

What win rate do I need to break even?

About 16% if you hold to settlement, against a market price of 16%. The gap is the fee.

Markets › Kalshi › Sports

PGA Round 2 Leader on Kalshi

If Zecheng Dou is the leader at the end of Round 2 in the 2026 Austin Championship presented by Compliance Solutions, then the market resolves to Yes.

Settles on: the Governing League.

Market says (typical open contract)

16%

Median YES price across 111 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

31% 😈

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
15¢ (now)	0.9¢	$2.98	15.9%
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	Closes
Zecheng Dou leads at the end of Round 2 · Zecheng Dou	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Zac Blair leads at the end of Round 2 · Zac Blair	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Zachary Bauchou leads at the end of Round 2 · Zachary Bauchou	25¢	25%	1.3¢	—	50%	Nov 29, 00:00 UTC
William Mouw leads at the end of Round 2 · William Mouw	22¢	22%	1.2¢	—	45%	Nov 29, 00:00 UTC
Vince Whaley leads at the end of Round 2 · Vince Whaley	22¢	22%	1.2¢	—	45%	Nov 29, 00:00 UTC
Taylor Pendrith leads at the end of Round 2 · Taylor Pendrith	16¢	16%	0.9¢	—	31%	Nov 29, 00:00 UTC
Thomas Morrison leads at the end of Round 2 · Thomas Morrison	25¢	25%	1.3¢	—	50%	Nov 29, 00:00 UTC
Taylor Moore leads at the end of Round 2 · Taylor Moore	20¢	20%	1.1¢	—	39%	Nov 29, 00:00 UTC
Takumi Kanaya leads at the end of Round 2 · Takumi Kanaya	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Tom Hoge leads at the end of Round 2 · Tom Hoge	0¢	0%	0.0¢	—	1%	Nov 29, 00:00 UTC
Trace Crowe leads at the end of Round 2 · Trace Crowe	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Sudarshan Yellamaraju leads at the end of Round 2 · Sudarshan Yellamaraju	20¢	20%	1.1¢	—	39%	Nov 29, 00:00 UTC
Sami Valimaki leads at the end of Round 2 · Sami Valimaki	16¢	16%	0.9¢	—	31%	Nov 29, 00:00 UTC
Sam Stevens leads at the end of Round 2 · Sam Stevens	22¢	22%	1.2¢	—	45%	Nov 29, 00:00 UTC
Seamus Power leads at the end of Round 2 · Seamus Power	20¢	20%	1.1¢	—	39%	Nov 29, 00:00 UTC
Stephan Jaeger leads at the end of Round 2 · Stephan Jaeger	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Rasmus Neergaard-Petersen leads at the end of Round 2 · Rasmus Neergaard-Petersen	16¢	16%	0.9¢	—	31%	Nov 29, 00:00 UTC
Rikuya Hoshino leads at the end of Round 2 · Rikuya Hoshino	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Rasmus Hojgaard leads at the end of Round 2 · Rasmus Hojgaard	25¢	25%	1.3¢	—	50%	Nov 29, 00:00 UTC
Rico Hoey leads at the end of Round 2 · Rico Hoey	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Ricky Castillo leads at the end of Round 2 · Ricky Castillo	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Rafael Campos leads at the end of Round 2 · Rafael Campos	18¢	18%	1.0¢	—	36%	Nov 29, 00:00 UTC
Patrick Rodgers leads at the end of Round 2 · Patrick Rodgers	22¢	22%	1.2¢	—	45%	Nov 29, 00:00 UTC
Pontus Nyholm leads at the end of Round 2 · Pontus Nyholm	20¢	20%	1.1¢	—	39%	Nov 29, 00:00 UTC
Peter Malnati leads at the end of Round 2 · Peter Malnati	20¢	20%	1.1¢	—	39%	Nov 29, 00:00 UTC
Patton Kizzire leads at the end of Round 2 · Patton Kizzire	20¢	20%	1.1¢	—	39%	Nov 29, 00:00 UTC
Patrick Fishburn leads at the end of Round 2 · Patrick Fishburn	18¢	18%	1.0¢	—	36%	Nov 29, 00:00 UTC
Pierceson Coody leads at the end of Round 2 · Pierceson Coody	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Nick Taylor leads at the end of Round 2 · Nick Taylor	22¢	22%	1.2¢	—	45%	Nov 29, 00:00 UTC
Neal Shipley leads at the end of Round 2 · Neal Shipley	14¢	14%	0.9¢	—	29%	Nov 29, 00:00 UTC
Nicholas Lindheim leads at the end of Round 2 · Nicholas Lindheim	16¢	16%	0.9¢	—	31%	Nov 29, 00:00 UTC
Nick Dunlap leads at the end of Round 2 · Nick Dunlap	13¢	13%	0.8¢	—	26%	Nov 29, 00:00 UTC
Michael Thompson leads at the end of Round 2 · Michael Thompson	18¢	18%	1.0¢	—	36%	Nov 29, 00:00 UTC
Miles Russell leads at the end of Round 2 · Miles Russell	16¢	16%	0.9¢	—	31%	Nov 29, 00:00 UTC
Marcelo Rozo leads at the end of Round 2 · Marcelo Rozo	16¢	16%	0.9¢	—	31%	Nov 29, 00:00 UTC
Marco Penge leads at the end of Round 2 · Marco Penge	16¢	16%	0.9¢	—	31%	Nov 29, 00:00 UTC
Matthieu Pavon leads at the end of Round 2 · Matthieu Pavon	14¢	14%	0.9¢	—	29%	Nov 29, 00:00 UTC
Mac Meissner leads at the end of Round 2 · Mac Meissner	22¢	22%	1.2¢	—	45%	Nov 29, 00:00 UTC
Max McGreevy leads at the end of Round 2 · Max McGreevy	20¢	20%	1.1¢	—	39%	Nov 29, 00:00 UTC
Matt McCarty leads at the end of Round 2 · Matt McCarty	16¢	16%	0.9¢	—	31%	Nov 29, 00:00 UTC

Showing the 40 most traded of 111 open contracts.

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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