Kalshi Offers Up to $500 Bonus for New Users with Promo Code SBWIRE
Kalshi is offering a welcome bonus of up to $500 for new users who sign up with promo code SBWIRE. The bonus will be credited once a minimum of $25 worth of trades has been placed, and can be used on a variety of markets including NFL odds, crypto, and more.
The promotion is available in 40 states plus Washington D.C., but not currently in Arizona, Illinois, Massachusetts, Maryland, Michigan, Minnesota, Montana, Nevada, New Jersey, or Ohio. Kalshi operates as a federally regulated designated contract market under CFTC oversight, which allows it to reach most of the country.
The Kalshi exchange works by allowing users to trade yes-or-no contracts on real-world events. Each contract is priced between $0 and $1, with the price reflecting the implied probability of the outcome. A correct contract settles at $1, while a wrong one settles at $0.