Kalshi Offers $55 Bonus for New Users with Exclusive Promo Code

The CFTC-regulated prediction market exchange Kalshi is offering a $55 bonus for new users. The exclusive promo code SBWIRE55 must be used at signup to receive the reward, which posts within about 24 hours of meeting the requirement.

To redeem the bonus, first-time users need to register with their name, address, date of birth and verification details, and deposit at least $10 using a debit card, bank transfer, Apple Pay, wire transfer or USDC. After that, they must trade $25 in event contracts, which can be spread across multiple NFL markets or other contracts on the platform.

Kalshi's exchange model sets it apart from traditional sportsbooks, where users trade yes-or-no contracts directly with each other instead of against a house. Each contract carries a price between $0 and $1 that mirrors the market's read on an outcome's likelihood, making it possible to buy and sell positions throughout the day.