Kalshi, a regulated event exchange, is offering new users a $55 bonus through the referral code SBWIRE55. To claim the bonus, users must sign up, complete $25 in trades, and the credit will be added to their account. The bonus can be used across various markets, including NFL Week 9, NBA, college sports, UFC, NHL, crypto, politics, economics, and pop culture.
The offer stands out due to its straightforward terms: no minimum deposit is required, the playthrough is just 1x, and users have 90 days to complete the $25 trading threshold. Once the credit is received, it can be used on any market listed on Kalshi. The platform operates differently from traditional sportsbooks, as traders buy and sell contracts with each other based on real-world events.
Kalshi is available in 38 states plus Washington, D.C., but not in states like Arizona, Illinois, Massachusetts, and others. The platform uses geolocation to confirm eligibility, and the minimum age to sign up is 18. Additionally, Kalshi has a referral program where users can invite friends to earn trading credit, with both parties benefiting from the trades completed by the new user.
To sign up, users need to create an account, verify their identity, enable geolocation, and place $25 in trades. The referral code SBWIRE55 should automatically fill in when clicking the PLAY NOW button, but users should verify it before proceeding. The bonus credit must be used within 30 days of issuance, and only profits from winning contracts can be withdrawn.