Kalshi Offers New Users $25 Bonus with Promo Code SBWIRE

Kalshi, a CFTC-regulated prediction market exchange, is offering a $25 bonus to new users who sign up with the promo code SBWIRE and trade at least $25. This offer is valid for NFL, NCAAF, UFC 331, soccer, WNBA, MLB, PGA, politics, crypto, and other events listed on the platform.

The exchange allows users to trade yes-or-no event contracts on various outcomes, with prices ranging from $0 to $1 that reflect the implied probability of an event occurring. For example, a contract priced at $0.60 implies a 60% chance of the event happening.

Users can buy and sell these contracts directly with other users, without wagering against a house like in traditional sports betting. The platform is available in over 40 states to users aged 18 and older.