Updated October 16, 2026 · WagerCue Editorial Team
Fairplay vs Kalshi
Fairplay
Higher score in this comparison
Kalshi
Fairplay vs Kalshi: the differences
| Compare | FairplayReviewSee alternativesSee alternatives | KalshiReviewSee alternativesSee alternatives |
|---|---|---|
| Regulators | Curacao (gaming licence), UK Gambling Commission | Commodity Futures Trading Commission (CFTC) Designated Contract Market (KalshiEX), Commodity Futures Trading Commission (CFTC) Futures Commission Merchant (Kalshi Prime LLC) |
| Minimum deposit | ₹100 to ₹500 | $10 |
| Payment methods | UPI, Net banking/IMPS, Debit/credit cards, E wallets, Cryptocurrency | Debit card, Bank transfer (ACH), Wire transfer, Cryptocurrency, PayPal, Venmo, Cash App, Real time payments (RTP) |
| Sports markets | Cricket, Football, Tennis, Kabaddi | Football, Golf |
| Sportsbook type | Bookmaker, ExchangeCovers more | Exchange |
| Welcome offer | 300% match up to INR 50,000 | Not confirmed |
| Withdrawal time | 30 min to 2 hrs (UPI) | Not confirmed |
| Wagering requirement | 30 | Not confirmed |
| Live streaming | Yes | Not confirmed |
| Restricted countries | India | Not confirmed |
| Wagering applies to | Bonus | Not confirmed |
| Bonus match | 300% | Not confirmed |
| Maximum bonus | ₹50,000 | Not confirmed |
| Bonus types | No deposit, Free bet | Not confirmed |
Same on both: ID checks (Required), Responsible gambling tools (Deposit limits, Cool off, Self exclusion).
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.
Key differences
- Fairplay scores higher overall: 9.1 vs 8.9.
- Regulators: only Fairplay offers Curacao (gaming licence), UK Gambling Commission.
- Regulators: only Kalshi offers Commodity Futures Trading Commission (CFTC) Designated Contract Market (KalshiEX), Commodity Futures Trading Commission (CFTC) Futures Commission Merchant (Kalshi Prime LLC).
- Founded is lower at Fairplay: 2017 vs 2018.
- Fairplay is licensed in 1 more country.
- Fairplay is available in 1 more country.
- Payment methods: only Fairplay offers UPI, Net banking/IMPS, Debit/credit cards.
- Payment methods: only Kalshi offers Debit card, Bank transfer (ACH), Wire transfer.
- Sports markets: only Fairplay offers Cricket, Tennis, Kabaddi.
- Sports markets: only Kalshi offers Golf.
Our verdict on each
Fairplay
Fairplay pairs a large welcome offer with fast UPI withdrawals and dual UK and Curacao regulation, which suits Indian bettors who want cricket and kabaddi markets alongside a casino floor. The trade-off is a 30 wagering requirement on the bonus and a INR 100 to INR 500 entry deposit.
Kalshi
A CFTC release dated 4 November 2020 describes KalshiEX as a Delaware limited liability company located in San Francisco.
Score breakdown
| Area | Fairplay | Kalshi |
|---|---|---|
| Cost | 9.1HigherDeposits start at INR 100 to INR 500 with UPI, Net banking/IMPS and Debit/credit cards and withdrawals running 30 min to 2 hrs (UPI). | 8.0 |
| Offer | 9.1Welcome offer of 300% match up to INR 50,000 with wagering of 30 counted on the bonus alone. | 9.2Higher |
| Trust | 9.0 | 9.3Higher |
Which one suits you
Pick Fairplay if sportsbook type matter most.
Pick Kalshi if trust matter most.
Where each is licensed and available
| Country | Fairplay | Kalshi |
|---|---|---|
| Curacao | Curacao (gaming licence) 365/JAZ | Not confirmed |
| United Kingdom | UK Gambling Commission 058718-R-334845-009 | Not confirmed |
| United States | Not confirmed |
Additional countries for Fairplay: 2. Additional countries for Kalshi: 1.
Positions in our rankings
| Ranking | Fairplay | Kalshi |
|---|---|---|
| Betting sites and sportsbooks | 103 of 644 | 214 of 644 |
| Betting exchanges | 2 of 11 | 6 of 11 |
| Betting apps | 56 of 213 | 126 of 213 |
Every fact side by side
| Fact | Fairplay | Kalshi |
|---|---|---|
| Features | Fast payouts, On chain, Mobile appCovers more | Mobile app |
| Pricing model | Welcome bonus | Welcome bonus |
| Legal entity | Fairplay Exchange Limited | Kalshi Inc. |
| Founded | 2017Lower | 2018 |
| Support channels | Chat, Email | Help centre, Community |
Casinos
| Fact | Fairplay | Kalshi |
|---|---|---|
| Game providers | Evolution, Microgaming, Ezugi, NetEnt, Pragmatic Play, Play'n GO, Red Tiger, BGaming, ISoftBet, Booongo, Spribe, JILI | Not confirmed |
| Live dealer games | Yes | Not confirmed |
| Game types | Slots, Live, Table, Blackjack, Roulette, Crash | Not confirmed |
Where each stands against the rest
| Fact | Fairplay | Kalshi | Median |
|---|---|---|---|
| Wagering requirement | 30above the median | Not confirmed | 15 |
| Bonus match | 300%highest quarter | Not confirmed | 100% |
Median across 160 listed gambling operators.
Pros and cons
Fairplay
Pros
- Welcome offer of 300% match up to INR 50,000 with wagering of 30 counted on the bonus alone (bonus).
- Holds a UK Gambling Commission licence (058718-R-334845-009) alongside the Curacao gaming licence (365/JAZ).
- Withdrawals run 30 min to 2 hrs (UPI) on UPI, and fast payouts sit in the listed features (fast payouts, on chain and mobile app).
Cons
- Support runs on chat and email, and phone is the rarest channel in the wider comparison at 37.9%.
- The minimum deposit of INR 100 to INR 500 ranks 6 among the 89 brands compared on that measure.
- The KYC policy is required, so paperwork comes before the first bet.
Kalshi
Pros
- The release gives a date, legal form, and stated location.
Cons
- The 2020 description does not establish current regulatory status or operating scope.
Who each suits
Fairplay
Who it suits
- Bettors in India who follow cricket, football, tennis and kabaddi and want bookmaker and exchange prices in one account.
- Players who want a large match offer and can clear a 30 wagering requirement on the bonus.
- Anyone prioritising quick UPI withdrawals, since withdrawals run 30 min to 2 hrs (UPI).
Who should look elsewhere
- totalbet, whose listed regulator is Minister Finansów RP (Ministry of Finance of Poland), for readers who want a licence from that regulator rather than the UK Gambling Commission.
- Synot Tip SK, whose listed regulator is Urad pre regulaciu hazardnych hier (URHH), for readers who prefer that regulator to the UK Gambling Commission.
Kalshi
Who it suits
- Readers checking the company description in the dated CFTC release.
Current offers
Fairplay
Current offer
Bonus
Welcome bonus up to 300%: 300% up to INR 50,000
tiered, 25x-30x bonus turnover, 30 days, KYC required
Source, checked September 26, 2026
Bonus
Casino welcome match: 100% match
min deposit INR 500, 35x bonus, 14 days, game weighting applies
Source, checked September 26, 2026
Bonus
Weekly balance interest: 5% on average wallet balance
min INR 1,000 average balance, 0x, credited Mondays, max 2 withdrawals/week
Source, checked September 26, 2026
Bonus
IPL loss kickback: 15% cashback on net loss
min INR 1,000 cumulative loss, 30x turnover, weekly, active IPL wagers
Source, checked September 26, 2026
Bonus
Weekly reload: 25% deposit match
min deposit INR 1,000, 25x bonus, 7 days
Source, checked September 26, 2026
Country by country
| Country | Fairplay | Kalshi |
|---|---|---|
| Curacao | Yes | No |
| United Kingdom | Yes | No |
| United States | No | Yes |
Questions about each
Fairplay
What welcome offer does Fairplay give, and what are the wagering terms?+
New players are offered 300% match up to INR 50,000 under a welcome bonus model, and the wagering requirement is 30. That requirement is set on the bonus (bonus), so the turnover comes from the bonus side of the balance rather than a deposit and bonus combined. The listed bonus types, no deposit and free bet, also cover a no-deposit offer and free bets, so the promotion is not limited to a cash match.
What is the minimum deposit at Fairplay?+
The minimum deposit is INR 100 to INR 500, the range a first transfer has to sit inside. That entry point ranks 6 among the 89 brands compared on the same measure, so it is not the lowest threshold in the set. If you plan a small first deposit, check that range before funding an account.
How fast are withdrawals and which payment methods work?+
Withdrawals are timed at 30 min to 2 hrs (UPI) on the UPI route. The cashier covers UPI, Net banking/IMPS and Debit/credit cards, so net banking and IMPS, cards, e-wallets and cryptocurrency all sit in one place. UPI is the practical pick for speed, while cards and wallets suit anyone who does not bank through a UPI-linked account.
Who regulates Fairplay?+
The brand lists Curacao (gaming licence) and UK Gambling Commission as its regulators. The UK Gambling Commission licence is recorded as 058718-R-334845-009 and the Curacao gaming licence as 365/JAZ. The operator behind the brand is Fairplay Exchange Limited, the entity named on the UK register entry, so readers who want a UK-regulated operator can check that licence number before registering.
Other options to compare
Other matchups
Fairplay
Kalshi