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Partner Promo Logo - Kalshi
$10 Bonus after Purchasing 100 Contracts

Kalshi is a US financial exchange and prediction market listing various events, from sports to politics and entertainment.

Terms and conditions apply

Your Region united states

Last Verified ✅ Feb. 7, 2025

Offer Expiry 🔄 Ongoing

Kalshi Promo Code: Use 'SBR' for $10 Sign-up Bonus in Feb. 2025

Kalshi is a US financial exchange and prediction market listing various events, from sports to politics and entertainment available in 50 states. The platform gained popularity in time for the 2024 American presidential election and added sports to its offerings in early 2025, including Super Bowl 59.
Creating an account on Kalshi comes with a $10 sign-up bonus after purchasing 100 contracts. Be sure to use promo code SBR to take full advantage of the welcome offer. Read on to understand how the platform’s promotions work, other promos to look for, top features, and more.

Each product featured on our website has been meticulously researched and selected by our team of experts. If you sign up through our links, we may get a commission.

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Welcome Offer

$10 Bonus after Purchasing 100 Contracts

Terms and conditions apply

Kalshi is a US financial exchange and prediction market listing various events, from sports to politics and entertainment.

Kalshi promo code terms and conditions

The welcome offer at Kalshi is straightforward. You just need to sign up using our link, input Kalshi promo code SBR, make a deposit, and buy a total of 100 contracts. Even though this bonus is being advertised for the upcoming Chiefs vs. Eagles Super Bowl, you can use it on any market.

💰 Sign-up promo$10 sign-up bonus
🌎US legal statesAll 50 states + Washington D.C.
📈 Eligible trading marketsAll markets
📱 Kalshi mobile appiOS & Android
⏰ Offer expiryOngoing
✅ Last verifiedFeb. 7, 2025

Is Kalshi legal?

Kalshi is a legal and regulated trading platform available in all 50 states and Washington D.C. While it does not have official recognition from the Securities and Exchange Commission (SEC), its restricted offerings allow it to function solely under the oversight of the Commodity Futures Trading Commission (CFTC). 

Kalshi is currently unavailable outside of the US, but you can sign up for a waitlist and get notified when it becomes legal in your country. The $10 sign-up bonus is the same for all states.

How to enter the Kalshi promo code

You will become eligible for the Kalshi sign-up promo right after you create an account with Kalshi promo code SBR and make a total of $100 in trades on any market. There are no market limitations or expiration dates to worry about. Here’s a step-by-step walkthrough to help you grab this offer.

Register

Head over to Kalshi using our links and hit the Sign Up button in the top right corner. Confirm that you are a US resident and agree to the platform’s KYC protocols. Your address and other personal information will be collected during registration. Next, choose whether you want to sign up using your existing Google or Apple accounts or register via email.

Use promo code

Kalshi promo code SBR is necessary to receive the $10 bonus. Input this code at registration and then move to the next step.

Deposit

To deposit, click on the Add Funds button at the top. Select one of the deposit methods, including a debit card, bank transfer, wire transfer, or crypto, each with its own limits and transaction times listed. Confirm the deposit and wait for the funds to reach your Kalshi account.

Make a bet

Browse the variety of markets and select between Yes or No from specific events. For instance, if you select the Oklahoma City Thunder to win the NBA Western Conference at 48% chance, you will win around $1 on every dollar wagered on that market.

Withdraw

To withdraw your money, head over to the Transfers tab, select Withdraw Funds, select a method, and type in the amount you wish to cash out. The best way to withdraw is by using the bank transfer method since it has no limits and fees, although it is the slowest. Debit card and crypto withdrawals take much less time but have a $2,500 daily limit and a $2 fixed fee. Also, you can only withdraw with crypto if you previously used crypto to make a deposit.

Kalshi review

Kalshi was founded in 2018 and started operating as a trading platform in July 2021 after obtaining a federal license from the CFTC in November 2020.

Kalshi is not a sportsbook, even though users can make predictions on sporting events, much like with a traditional betting site. The key difference is that the users on Kalshi take opposing positions on specific events rather than betting against the sportsbook. The Yes and No contracts come in pairs. Once you invest in a market, the platform will pair you with another user who is looking for the opposite contract on that same market. 

For instance, if you decide to pay $7 for a Yes contract, you will be matched with another trader willing to pay $3 for a No contract on that market. If the market resolves in a Yes, you win $10, getting $7 back from your wager and $3 from the opposing side.

For more traditional sportsbooks, check out our best sportsbooks and best sportsbook promos pages.

Kalshi website and mobile app 📱

Both the Kalshi website and app showcase a simplistic design. Browsing the platform and finding specific markets and events is easy, thanks to intuitive navigation and good categorization. The top menu displays various verticals, from sports and politics to crypto, economics, culture, climate, and more.

⭐ App Store rating4.6/5.0 (5.8k ratings)
🔥 Google Play rating4.0/5.0 (700 ratings)
✅ Download size124.1 MB
❤️ Top featureExtensive politics-related predictions
💸 Welcome bonus$10

Kalshi pros and cons 🏆

Kalshi is one of the most popular trading services in the US right now, but it does have a few shortcomings. Let’s examine the advantages and disadvantages of this platform.

Pros

  • Excellent user interface: Kalshi’s simplistic interface makes it easy for beginners and experienced traders to use. Navigating from one place to another is a breeze, with great responsiveness and quick loading times.
  • Plenty of non-sporting events: Most markets on Kalshi relate to politics and finance, but you can also find predictions revolving around climate, entertainment, crypto, and more.
  • High limits: The betting limits on Kalshi extend well beyond most traditional sportsbooks, with some events enabling multi-million-dollar wagers.

Cons

  • Limited sporting events and markets: You shouldn’t go to Kalshi expecting anything more than a handful of popular sports and events. To be fair, sports predictions are relatively new on this platform, and it may add more options in the future.
  • No ongoing promotions: Aside from a small $10 bonus for new users, Kalshi doesn’t incentivize its users with regular promotions like many online sportsbooks do.

Kalshi sports to bet on 🏈

When it comes to sports, you will find football, basketball, tennis, soccer, and hockey, each limited to the most popular events. For instance, if you pick soccer, you will usually get a market like “Champions League Winner” and not much else. The platform is more focused on other events, with most options revolving around US politics.

Popular Kalshi bet types 🪙

Kalshi keeps it simple and only enables Yes or No bets on specific occurrences. For instance, you can bet whether the Kansas City Chiefs will win the Superbowl or guess who will be the next coach of the New Orleans Saints.

Kalshi odds quality and betting limits 💰

Unlike traditional sportsbooks, Kalshi doesn’t offer fixed odds on any outcomes. How much money you can win from a specific prediction is based on the calculated probability of that outcome. If an event becomes more or less likely due to recent developments, the expected value of its contracts will be adjusted.

The bet limits depend on the market. The general limit is $25,000, but certain popular contracts allow wagers of several million dollars.

Kalshi bonus comparison

Even though Kalshi isn't technically a sportsbook, it still has a welcome offer to try to compete with other traditional sportsbooks. Below, find a table comparing Kalshi to some of the leaders in the industry.

DraftKings 👑FanDuel 🔵Caesars 🏛️BetMGM 🦁bet365 🟢Kalshi 🔥
Sign-up bonusBet $5, get $200 in bonus betsBet $5, win $200 in bonus betsUp to $1,059 on CaesarsUp to $1,500 first betBet $5, get $150 in bonus betsAccept 100 contracts, get $10
Promo codeNo codeNo codeSBRBONUS1000SBRBONUSSBRBONUSSBR
Bonus typeBet & getBet & winFirst bet insuranceFirst bet offerBet & getBet & get
Bonus comes asEight (8) $25 bonus bets$200 in bonus betsOne single bonus betFive 20% chunks (if more than $50)$150 in bonus bets$10 in bonus bets
Minimum deposit$5$5$10$10$10$100
Days to use771477N/A
SBR rating⭐ 4.7/5⭐ 4.8/5⭐ 4.7/5⭐ 4.6/5⭐ 4.7/5⭐ 4.0/5

Kalshi payment method

Kalshi accepts several deposit methods with varying limits, fees, and transaction times. Here are your options:

  • Debit card: $2,500 maximum every 24 hours with immediate deposit.
  • Bank transfer: $10,000 maximum per transaction, taking two to four business days.
  • Crypto (USDC): $50,000 daily limit with transactions clearing in 30 minutes on average.
  • Wire transfer: $1,000 minimum cleared on the same day or the next.

You can withdraw your funds directly to your bank account with no limits or fees, which usually takes three to four business days. Debit card and crypto withdrawals are much quicker, taking around 30 minutes on average, but they have a $2,500 max limit, with debit card withdrawals charging a flat $2 fee.

With so many options, including some that are incredibly fast, Kalshi competes well alongside some of the best online sportsbooks for payouts.

Kalshi customer support

Kalshi customer support is limited to email. You can also join Kalshi Discord or try to reach them on their social media profiles. The help is efficient, covering all sorts of topics to get you up to speed.

📱 Live chatN/A
📧 Emailsupport@kalshi.com
📞 PhoneN/A
🐤 Twitter (X)@Kalshi
🔵 Support language(s)English

All Kalshi promo offers

Here’s a quick overview of Kalshi’s promotions for new and existing users.

💵 Kalshi promotion📜T&C
Sign-up bonusReceive $10 once you register and make a total of $100 in trades on any market.

Kalshi sign-up bonus

The Kalshi sign-up promotion provides you with a $10 bonus once you complete your first $100 worth of trades. Just remember to use our Kalshi promo code SBR to activate this offer.

Is there a Kalshi bonus for existing users?

There are currently no bonuses for existing Kalshi users. If new promos appear in the future, we will make sure to include them in an update of this review.

More online Kalshi promos

Kalshi doesn’t offer any other promotions at the moment. If the platform adds more promos in the future, we’ll update this section promptly.

Latest from Kalshi

  • January 23, 2025: Kalshi enters sporting event trading in time for Superbowl LIX. The sports offered are limited to predicting champions of major leagues and competitions, including the NBA, NHL, NCAA, and Champions League.
  • January 13, 2025: Kalshi makes Donald Trump Jr. its strategic advisor.
  • October 3, 2024: Kalshi introduced a contract for the US presidential election winner.
  • October 2, 2024: The federal appeals court in Washington D.C lifts a temporary freeze on trading, allowing Kalshi to offer the first fully regulated election markets in the country.


FAQ

Can I trust Kalshi when it comes to promos?

Yes, Kalshi is a legitimate trading platform recognized by the Commodity Futures Trading Commission (CFTC). You can rest assured that Kalshi will deliver on its advertised bonuses and promotions.

What is the Kalshi promo code?

The Kalshi promo code is SBR. Enter this after using our link to register, then verify your details and you will receive the bonus once you meet all conditions.

How do I get the Kalshi promo?

To receive the Kalshi sign-up offer, you must register an account, confirm that you are a resident of the United States, and enter Kalshi promo code SBR. Once your account is up and running, you must deposit and engage in trades worth at least $100. After that condition is met, you will receive a $10 bonus.

In what states can I legally bet with Kalshi?

Kalshi is available in all 50 states and Washington D.C. However, you can’t engage in trades on Kalshi if you’re outside of the US.

Do I need to make a deposit to get the Kalshi bonus?

A deposit is needed so you can make $100 in trades before receiving the $10 bonus. You can use debit cards, bank transfers, wire transfers, or crypto to make a deposit.

If I’m registered at Kalshi, can I still get the promo code?

The sign-up bonus at Kalshi is a one-time deal. You can only receive it if you’re new to the platform and haven’t claimed any other welcome bonuses in the past.