Kalshi Offers Up to $500 Bonus for New Users with Promo Code SBWIRE
Kalshi, a prediction market exchange, is offering a welcome bonus of up to $500 for new users. To qualify, first-time traders must deposit at least $10 and place $25 worth of trades using the promo code SBWIRE. The credit will be awarded regardless of whether the positions are correct or not, and can be used within seven days.
Kalshi lists a wide range of markets, including NFL odds, Super Bowl futures, college football, UFC, WNBA, MLB, PGA, politics, crypto, and more. The exchange operates as a federally regulated designated contract market under CFTC oversight, allowing it to reach most of the country.
The probability-based pricing model on Kalshi reflects the implied likelihood of an outcome, with correct calls settling at $1 and incorrect ones at $0. Traders can buy and sell contracts directly with other users, without wagering against a house.