Kalshi Offers Up to $500 Bonus for New Users

The prediction market exchange Kalshi is offering new users up to a $500 bonus after they deposit at least $10 and trade $25 in event contracts. The promo code SBWIRE unlocks this offer, which applies regardless of whether the trades win or lose.

Users can access thousands of markets on Kalshi, including sports events such as NFL preseason games, politics, crypto prices, and more. Each contract is priced between $0 and $1, reflecting the market's view of how likely an outcome is.

The bonus distribution is as follows: 70% for a $15 reward, 24% for a $35 reward, 5% for a $75 reward, 0.65% for a $100 reward, and 0.35% for the maximum $500 reward.