Kalshi Offers $25 Bonus for New Users Trading NFL and College Football Events

The prediction market exchange Kalshi is gearing up for the start of the NFL and college football seasons, offering users a chance to trade on various events. New users who sign up with the promo code SBWIRE will receive a $25 bonus after trading $25 in event contracts. This promotion applies to single-game markets, championship futures, and prop contracts for both sports.

Kalshi is a CFTC-regulated exchange that allows users to trade contracts directly with one another, rather than against a house. The platform offers a range of events, including politics, crypto, and more. Users can buy and sell yes-or-no contracts on real-world events, with each contract priced between $0 and $1 reflecting the implied probability of the outcome.

The exchange is available in 39 states plus Washington, D.C., but access to sports markets may be limited due to ongoing legal challenges. Kalshi's model sets it apart from traditional sportsbooks, as users are free to sell contracts before an event wraps to bank a gain or trim a loss.