Kalshi Promo Code SBR for June 2026

Is there a Kalshi promo code?

Yes, there is a Kalshi promo code, and there is also a Kalshi referral code. During registration, enter our exclusive Kalshi new user promo code SBR to become eligible for the welcome bonus. I've used this promo code myself, and not only is it safe to use, but the whole process of signing up and entering the code takes less than five minutes.

How to get Kalshi promo code $10 bonus

Want to know how to get free money on Kalshi? Well, to claim the $10 bonus from one of the best prediction markets, all you have to do is enter the Kalshi promo code SBR and make $10 worth of trades. This promo isn't available in states where Kalshi is restricted. 

There are no market limitations, which easily makes this one of the best prediction market promos. And remember, while you must make $10 in trades to earn the welcome bonus, the minimum deposit on the platform is just $1. 

Here’s a step-by-step guide outlining how to obtain this offer:

1. Register

Follow our links to Kalshi, hit the Sign Up button, then confirm that you're a US resident. Agree to the platform’s Know Your Customer (KYC) protocols, and provide your address and other required personal information. Then, you can either sign up using your existing Google or Apple accounts or register via email.

2. Enter promo code

You must input the Kalshi promo code SBR during registration to have any chance of earning your $10 bonus. When I was signing up, I was asked to enter the promo code after entering my email, creating a password, and confirming my email address.

3. Deposit

I found the depositing process to be seamless and instant when using Kalshi. Just go to the Add Funds button, and select your preferred deposit method (debit card, bank transfer, wire transfer, or crypto). Note that each payment method has its own limits, and while transaction times can vary, it's very rare for funds not to appear in your account almost immediately.

4. Make a prediction

Browse all available markets and select between Yes and No for specific events. For instance, if you want to predict that France will win the 2026 World Cup, you can buy "Yes" trades at about $0.17. If France wins the tournament, you'll be paid out $1.00 for every contract you purchased, delivering a profit of $0.83 each. So if you buy 100 contracts for roughly $17, you'd make a profit of $83 if France wins the World Cup.

5. Refer friends

Kalshi is one of the few prediction platforms that offers a referral bonus. Send your unique link to your friend, and once they input Kalshi referral code SBR and make at least $100 in trades, both you and your friend will receive $25 in bonus funds. You can refer up to 40 friends for a total of $1,000.

6. Withdraw

I found withdrawing funds to be just as easy as depositing, though transaction times were a little slower. To get started, head over to the Transfers tab, select Withdraw Funds and your withdrawal method, then enter the amount you wish to cash out. The bank transfer method has no limits or fees, but it is also the slowest option. Debit card and crypto withdrawals are much faster but have a $2,500 daily limit and a $2 fixed fee. You can only withdraw with crypto if you previously deposited with it.

Expert Tip: If you're not quite ready to start making trades, Kalshi allows you to view its platform without registering an account. This allows you to browse its extensive prediction markets and get a feel for how they work before making any financial commitment. I personally found this helpful when first discovering Kalshi, as I wasn't familiar with how prediction platforms worked.

What is Kalshi?

Kalshi is a prediction market platform that is federally regulated by the Commodity Futures Trading Commission (CFTC). The CFTC considers Kalshi a Designated Contract Market (DCM), so it is treated as a financial exchange.

Kalshi is legal and operational in every U.S. state, except for Nevada. While some state regulators have pushed back against Kalshi and other prediction market platforms, claiming they're operating illegally, Kalshi operates completely within the laws established by the federal government.

At Kalshi, traders can trade outcomes of real-world events. If your trade resolves as correct, then you will earn $1 for every share you own. If your trade resolves as incorrect, then your shares will settle at $0.

Kalshi is an open exchange, meaning that trading is what sets the prices and odds for shares. At traditional sportsbooks, bettors bet against the house, but at Kalshi, traders buy one side of an outcome, while other traders buy the opposite side.

Kalshi bonus comparison

After testing all of the major prediction market apps, there's no doubt in my mind that Kalshi is one of the best. I had no trouble claiming the welcome bonus and have been able to use it to place trades during the NBA Playoffs.

That said, there are a few other apps like Kalshi available. Below is a table comparing Kalshi's welcome offer with some of the best in the industry.

I believe the OG promo code is Kalshi's biggest competition, as new users can get up to $100 in bonuses. However, the trading requirements are fairly hefty if you want to claim the entire $100 bonus. 

That said, the most popular of Kalshi's competitors is definitely Polymarket. Our team of experts conducted a thorough comparison between the Kalshi welcome offer and the Polymarket promo code on our Kalshi vs. Polymarket page. For even more information about Polymarket, read our full Polymarket review.  

I would recommend trying out one of the above options first if you're just getting into prediction markets. However, if you're looking for other great apps like Polymarket, I recommend the Sleeper Markets promo code, the Coinbase promo code, and the Gemini Predictions promo code. And for something a bit different, check out the Novig promo code, which uses a free-to-play sweepstakes-style prediction market.

Kalshi promo code for new users

Does Kalshi have a welcome bonus?

Yes, Kalshi has a great $10 welcome bonus available for new users. This welcome offer has one of the lowest points of entry of any offered by a prediction market. While you need to make $10 worth of trades, you only need to deposit $1 to be eligible for the bonus funds. This means that if you're lucky enough to make trades with favorable outcomes with your first dollar, you could earn $10 in bonuses without ever having to deposit again.

Kalshi promo breakdown

Here's a simplified breakdown of everything I've discussed thus far, so you can quickly start trading on sports, politics, tech, and pop culture. And remember, you can use Kalshi in California, so if you live in the nation's most populous state, the prediction market app is a great option since traditional sportsbooks aren't legal.

Kalshi referral code

Another great perk of signing up with Kalshi is that after grabbing the welcome offer, you can still rack up funds through the Kalshi referral bonus. I was able to send my unique link to my friends, and as soon as they entered Kalshi referral code SBR and made $100 worth of trades, we both received $25 worth of bonus funds.

I've done this a handful of times, but I'm nowhere near maxing out the bonus, as it can be used up to 40 times. In other words, the referral bonus maxes out at $1,000.

The referral code must be entered within 72 hours of the referred party creating their account and before they make their first deposit. It's important to remember that if your friend uses the Kalshi referral code, they won't be able to use any other Kalshi promo codes related to sign up bonuses.

The table below explains all of the key information related to the Kalshi referral code:

Kalshi promo code terms and conditions

Though nothing stood out to me as abnormal upon sign up, I wanted to highlight some of the more important terms and conditions that you should keep in mind when using the Kalshi promo code to grab the welcome bonus:

• You can use Kalshi in all states except Arizona, Illinois, Maryland, Massachusetts, Michigan, Montana, Nevada, and Ohio.
• To trigger the offer, you must sign up with Kalshi bonus code SBR.
• Proof of identification in the form of a driver's license or passport is required to register. You will also need a photo of yourself holding your ID.
• The minimum deposit is $1.
• You must trade at least $10 in event contracts to earn the bonus. Whether your initial trades lead to a profit or loss doesn't matter.
• There is no expiration date for this promo.

Latest trends for trading on Kalshi

Kalshi is the perfect place to trade all the biggest sporting events in the world. Here's a look at the odds for the top events happening this month.

World Cup

The 2026 World Cup begins on Thursday, June 11, and Kalshi is favoring Spain and France over the rest of the field. However, with 48 teams competing in this year's tournament, the event has never been more wide open.

Here's how Kalshi traders see the World Cup playing out.

World Cup champion

Here are the odds for every team with at least a 2% chance of winning the World Cup according to Kalshi traders.

Group champions

While World Cup champion certainly has the most market liquidity right now, there are plenty of other World Cup markets available. One of the most popular markets is Group champion, where traders pick the winner of one of the 12 groups. Here are the odds for the groups with the host nations: Canada, Mexico, and the USA.

Golden Boot

France striker Kylian Mbappe is the current favorite to repeat as Golden Boot winner, awarded to the player who scores the most goals during the World Cup:

NBA Finals

The Knicks pulled off a comeback for the ages, erasing a 29-point deficit in Game 4 to beat the Spurs 107-106. They now take a 3-1 series lead into Game 5 in San Antonio on Saturday night, looking to win their first NBA title since 1973.

NBA champion

NBA Finals MVP

Jalen Brunson's 36-point performance in Game 4 affirmed his status as the frontrunner for NBA Finals MVP. A big game from OG Anunoby has seen his chances creep up, too. meanwhile, Victor Wembanyama's chances continue to drop as the series slowly slips away from the Spurs. 

UFC Freedom 250

Love it or hate it, the UFC is scheduled to run Freedom 250 on Sunday evening, live from the South Lawn of the White House. The landmark event features two championship fights and should be quite the spectacle, no matter which side of the political aisle you walk on. 

Here are the latest fight odds for the headlining bouts from Kalshi:

Kalshi $1M World Cup contest

Editor's Note: This contest closed when the first World Cup game kicked off Thursday afternoon. 

Immediately after signing up, you can enter the World Cup Kalshi million dollar contest to win a share of a $1 million prize pool. You don't even need to spend money on your selection, making this one of the few Kalshi free money offers. All you have to do is select a team as the World Cup champion. If they win, you will receive an equal share of the $1 million prize pool.

Here are the terms and conditions for the Kalshi World Cup contest:

• You must enter the contest before June 11, 2026, at 3 p.m. EDT.
• Only one prediction is allowed per eligible user.
• By entering, you also qualify for a chance to win two tickets to the 2026 World Cup finals. This is a random drawing, and your team doesn't have to win for eligibility.
• Open to US residents in all states except New York and Florida.
• You must be 18 or older to enter.
• Winners are responsible for applicable taxes.
• This contest is not endorsed or sponsored by FIFA.

Is Kalshi legal?

Kalshi is a legal, regulated trading platform, and you can grab the welcome promo for Kalshi in New York and all other states except Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, and Ohio. Kalshi combines traditional financial markets with predictions, allowing you to trade on the likely outcomes of future events.

Notably, Kalshi is also legal in a handful of places where online sportsbooks are not. You can use Kalshi in Texas, for example. 

Not only is the platform legal, but professional leagues have also welcomed the operator with open arms. This is evident from the fact that Kalshi, along with Polymarket, is an official prediction market partner of the National Hockey League (NHL).

Kalshi is federally regulated by the CFTC. Therefore, it is required to adhere to the following security standards:

• Designated Contract Market: The CFTC oversees all stock and financial trading laws at the federal level.
• SOC 2 Type II compliance: A minimal requirement for any SaaS provider, this auditing procedure ensures a service provider securely manages its data to protect its interests and the privacy of its clients.

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.

Kalshi review

Our team of experts has spent over 20 hours on Kalshi to prepare this review. During this time, we were able to spot all of the highlights and many of the lowlights of the app.

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.

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

Kalshi website and mobile app 📱

I really enjoyed the clean design of both the Kalshi website and mobile app. 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.

Kalshi pros and cons 🏆

Kalshi is one of the most popular trading services in the U.S., but that doesn't mean it's without a few shortcomings. Here are the main advantages and disadvantages that our team found when using the platform:

Pros ✅

• Excellent user interface: Kalshi’s top notch 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 trading limits on Kalshi extend well beyond most traditional sportsbooks, with some events enabling multi-million-dollar trades.
• Can trade 'No' side: Most sportsbooks only offer odds on whether something will happen, like a player scoring a touchdown. On Kalshi, you can also make the prediction that something won't happen and potentially profit from it.
• Make your own markets: Want to make a prediction on something, but can't find it on the Kalshi platform? Contact Kalshi to submit a new market and watch how users' predictions shape the market.
• Wide availability: Kalshi is available in all states, minus Nevada, including many where sports betting is illegal.

Cons ❌

• Not a full sportsbook: Trading on sports prediction markets is not the same as making a legal online sports wager, even if it feels similar. You may get vastly different prices (better or worse), and Kalshi doesn't offer the same type of customer support as most dedicated sportsbooks.
• Fees: Kalshi charges a small percentage fee per trade and a flat $2 fee for withdrawals. It's not a massive amount of money, but it could impact you if you're a high-volume trader.
• No ongoing promotions: Aside from a small $10 bonus for new users, Kalshi doesn’t offer regular promotions like many online sportsbooks do. While the referral bonus is great, you can't get it unless you can convince others to sign up with your link.
• Many markets are long-term plays: On the one hand, predicting the 2028 U.S. Presidential Election is a unique opportunity. On the other hand, it means your money is tied up until the ballots are all counted, which is still more than two years away. If you want to make some long-term predictions, you'll need patience.

Popular Kalshi trade types 

Kalshi keeps it clean, enabling only Yes or No predictions for specific occurrences. For instance, you can predict whether the Seattle Seahawks will repeat as champions in Super Bowl 61, who will perform the next James Bond theme, or pick the Dodgers to win a third straight World Series in 2026. 

Kalshi sports to trade on 

When it comes to sports, you will find football, basketball, tennis, soccer, and hockey. Originally, these sports were limited to major events, but I've noticed that Kalshi has really broadened its available markets in recent months. While you still won't find player props for any sports other than football, you can make single-game predictions.

Some examples of sports futures you can make a prediction on:

Kalshi culture markets to trade on 

Kalshi has made a name for itself in sports and politics, but it also offers a wide variety of pop culture events for predictions. 

Here are a few key awards markets and other cultural events available as of June 13, 2026:

Kalshi Combos 

Much like sportsbook parlays, Kalshi has a tool to group together multiple event outcomes into a single trade called Combos. And like a parlay, Kalshi Combos provide a higher risk and a higher reward.

Instead of trading on each market individually, you can link together two or more to form a custom position on an expected outcome. For example, you could pick an NFL team to win a game, take the over, and the spread. Combos pay out based on each leg's final settlement value. 

To create a combo, just use Kalshi's in-app combo builder tool. But once you submit a combo, a Request For Quote (RFQ) is sent out to the market, allowing other traders on the platform a chance to take the opposite side of your trade. This is how the system establishes a price and liquidity.

Combos are currently limited to pro football, pro basketball, and a limited number of mention markets (e.g., will President Trump say certain words or phrases in a televised speech).

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

How Kalshi is different from traditional sportsbooks

Kalshi is not a sportsbook. Here are some major differences between Kalshi and traditional sportsbooks:

1. User driven markets

Instead of a sportsbook setting the odds (and adjusting them as money comes in on either side), Kalshi allows the market to fluctuate without interference. That means the chances of something happening (or not happening) on Kalshi are determined by how many contracts have been bought on each side. In this regard, Kalshi is a true data-driven platform for serious traders making informed decisions. 

2. Straightforward interface

The Kalshi website and app are extremely simple to use. You won't find your screen filled with pre-built SGP boosts or other sportsbook promos. Instead, the Kalshi interface prioritizes functionality, giving you a straightforward look at how markets have performed historically and letting you buy contracts for your preferred side with ease. 

It's impossible to oversell how organized this interface is. Every sport has subsections, so you won't spend valuable time hunting for the market you prefer.

3. Federally regulated

Sportsbooks are regulated by individual state gaming commissions. That means the rules can vary by state. For example, some states allow wagering on college sports, while others do not. The betting age is 21+ in most states, but it's also 18+ in a handful. 

Kalshi, on the other hand, is regulated by the CFTC — a federal agency that oversees financial markets of all types. This regulation ensures that Kalshi acts with fairness and transparency in every transaction in all states where it operates.

Kalshi payment methods

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.

Kalshi allows you to withdraw your funds directly to your bank account with no limits or fees in about 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. Additionally, debit card withdrawals come with a flat $2 fee.

Kalshi event predictions options

I believe that Kalshi is the best prediction market for the biggest events in the world of sports and entertainment. The platform allows trades on the Oscars and Grammys, with markets available for all awards, from the biggest categories to the smallest.

Of course, when it comes to sporting events, there's plenty to like about the options available for the Super Bowl, NCAA Tournament, and World Cup.

Kalshi football predictions

Kalshi took a page out of the Crypto.com promo code and Robinhood promo code playbooks when it started offering NFL odds and single-game trading on multiple other pro sports in Jan. 2025. While you won't find as many markets or promos as you would at top betting sites like BetMGM or DraftKings, Kalshi's selection aligns with what's available at other best prediction markets.

Kalshi also makes it easy to find individual game trading on its platform, as sports contracts are sorted into the following categories:

• Games
• Futures
• Awards
• Wins
• Events

As of June 2026, Kalshi now offers player props for passing, rushing, and receiving yards.

Kalshi trading

How to trade on Kalshi political markets 

Kalshi is one of the few platforms to offer political markets in the United States. The prediction market platform made a name for itself during the 2024 presidential election, then furthered its notoriety during the 2025 New York City mayoral race.

Looking ahead, here are a few markets we expect to draw significant trading action on Kalshi:

• Which party will win the U.S. House next year? (Democratic Party/Republican Party)
• Democratic Presidential nominee in 2028? (Gavin Newsom/Alexandria Ocasio-Cortez)
• Which party will win the U.S. Senate next year? (Republican Party/Democratic Party)

How to trade on the weather ☀️🌧️

Dig a little deeper into Kalshi's prediction markets, and you'll find some truly bizarre categories. For example, Kalshi lets you trade contracts on multiple weather events.

Most of the available markets are daily predictions for specific cities, such as "highest temperature in New York City today." But you can also go longer term with markets like "number of tornadoes this month" and "rain in NYC this month." 

Each market has specific conditions, so be sure to read the rules summary for each one before purchasing a contract. 

Predicting the value of Bitcoin

Think you can predict how high the value of Bitcoin will rise before the end of the year? Well, Kalshi is allowing you to participate in the Bitcoin value prediction markets for 2026. Think Bitcoin will hit $60,000 before it hits $100,000? Then head over to Kalshi to make your prediction. You can also trade on other popular cryptocurrencies, like Ethereum or Solana. 

Kalshi customer support

Kalshi customer support is limited to email, as live chat is not available. For a quicker response, I joined the Kalshi Discord. You can also try to reach them on their social media profiles.

All Kalshi promo offers

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

Kalshi sign up bonus

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

Is there a Kalshi bonus for existing users?

The only bonus for existing Kalshi users is the refer-a-friend program that gives you $25 if the person you referred completes $100 worth of trades. Referral code SBR can be used to invite 40 friends, meaning this bonus's maximum is $1,000.

If new promos appear in the future, we will make sure to include them in an update of this review.

Latest from Kalshi

June 2026

-Kalshi will soon require users to disclose their employment information to trade on certain markets, in an effort to prevent insider trading.

-Polymarket reportedly investigates alleged corporate espionage from rival platform Kalshi.   

-The CFTC approves the first regulated cryptocurrency perpetual futures, offered by Kalshi. These markets allow traders to speculate on the future prices of certain crypto tokens.   

May 2026

-Spain temporarily blocks Kalshi while it investigates its lack of a traditional gambling license.

-NBA player (and, notably, Kalshi investor) Kyle Kuzma criticizes DraftKings for banning or limiting players who are winning, something that Kalshi does not do. 

More prediction market promos

If the Kalshi welcome bonus doesn't pique your interest, we recommend you try out one of the following bonuses.

• Fanatics Markets promo code
• FanDuel Predicts promo code
• DraftKings Predicts promo code