Kalshi Offers Up to $500 Bonus for New Users with Promo Code SBWIRE
The prediction market exchange Kalshi is offering a significant welcome bonus for new users. To claim up to $500 in credit, sign up using the promo code SBWIRE and make at least $25 in trades within seven days of receipt.
Kalshi operates under federal CFTC oversight as a designated contract market, making it available in 40 states plus Washington, D.C. This means that users can trade on various events, including sports such as the NFL, PGA, and UFC, politics, crypto, and world events.
The exchange works by allowing users to buy and sell yes-or-no contracts on real-world events. Each contract is priced between $0 and $1, with prices reflecting the implied probability of the outcome. If a user's prediction is correct, the contract settles at $1; if it is incorrect, it settles at $0.