Where does this number come from?

It's the live price of the Kalshi event contract, which trades between 1 and 99 cents. A price of 60 cents implies a 60% chance. ContractTax reads the public market price and adds price history and context.

Live odds / Politics

Will Scott Bessent leaves Secretary of the Treasury in before 2027?

Scott Bessent

8%

implied chance of YES▲ 1 today

Recorded price path

This is a live Kalshi event contract. The price, 8 cents, is the market’s implied probability of YES. Whether that number is well-calibrated is its own question: our Truth Machine measures how often markets at each price level actually settle YES. Confirm live prices on Kalshi before trading.

The crowd may be overcharging for this

KALSHI CHARGES

8¢

MARKETS LIKE THIS SETTLED AT

6¢

AFTER THE 1¢ FEE

-1¢

Contracts like this one have settled YES only 6.5% of the time, and the crowd is charging 8c. Based on 2,086 settled markets across all categories in the 0-9c band (we do not yet hold enough politics history to price this by category, so this is the market-wide curve and is weaker evidence). Buying this systematically has been a slow bleed, and the 1c fee makes it worse.

This is what this kind of contract has been worth, not a forecast for this one: a band average does not know what is happening in the news. See the Fair Value Board for every market scored this way, or the politics curve it came from.

What history says about this price

Across our settled record, markets priced near 0–9¢ have gone on to settle YES 6% of the time (n=2,086). That is history, not a forecast for this specific market. See the Truth Machine for the full curve.

See the full field for this event →

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