Kalshi Offers Up to $500 Bonus for New Users with SBWIRE Promo Code

Kalshi, a federally regulated prediction market exchange, is offering new users up to $500 in bonus credit when they place at least $25 worth of trades using the promo code SBWIRE. This offer is available to those who sign up and deposit at least $10 using a debit card, bank transfer, Apple Pay, wire transfer, or USDC. The bonus credit will be determined at random, with 70% of players getting $15, 24% scoring $35, 5% landing $75, 0.65% locking in $100, and 0.35% earning the maximum $500.

The credit must be used within seven days of receipt and can be applied to any market on Kalshi, including sports, politics, economics, weather, and pop culture. The exchange offers hundreds of markets with prices that shift as headlines land and traders respond. Users can buy and sell yes-or-no contracts on real-world events, with each contract priced between $0 and $1 reflecting the implied probability of the outcome.

Kalshi operates in 40 states plus Washington, D.C., but is not currently available in Arizona, Illinois, Massachusetts, Maryland, Michigan, Minnesota, Montana, Nevada, New Jersey, and Ohio. The exchange is a designated contract market under CFTC oversight, which allows it to reach most of the country.