$25 Bonus for New Users at Federally Regulated Prediction Market Exchange Kalshi

Kalshi is offering a $25 bonus for new users who sign up and place $25 worth of trades. The promo code SBWIRE can be used to unlock this offer, which is available for first-time accounts only.

The bonus credit will be awarded regardless of the outcome of the trades, making it one of the best welcome offers on prediction market platforms. Kalshi operates as a federally regulated designated contract market under CFTC oversight, allowing it to reach most of the country.

Kalshi lists hundreds of markets spanning sports, politics, economics, weather, and pop culture, including NFL preseason games, Super Bowl winner markets, and crypto price predictions. The exchange works by allowing users to trade contracts directly with each other, rather than against a house, which sets Kalshi apart from traditional sportsbooks.

The contract prices on Kalshi reflect the implied probability of an outcome, and a correct call settles at $1, while a wrong one settles at $0. This means that users can buy and sell contracts throughout the day, taking advantage of changing market conditions to bank profits or trim losses.