Kalshi Promo Code COVERS: Get a $10 Bonus With a Trade on NCAA Tournament Prediction Markets

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Mar 20, 2026 , 07:50 AM ET • 4 min read

Use the Kalshi promo code COVERS for a $10 bonus on the NCAA Tournament Round 1 Friday games. Trade predictions on March matchups today.

Get A $10 Bonus On A $10 Trade With Our Kalshi Promo Code.
Photo By - Get A $10 Bonus On A $10 Trade With Our Kalshi Promo Code.

The Kalshi promo code COVERS delivers a $10 bonus for new users looking to trade predictions on Friday's NCAA Tournament Round 1 games. Friday's slate features compelling matchups, including Kentucky vs. Santa Clara, and several potential upsets across the bracket. This March 20 welcome offer provides an excellent opportunity to explore one of the best prediction market apps available during March Madness.

Trade $10, Get $10 With Code COVERS

Kalshi Promo Code: $10 Bonus for the NCAA Tournament on Friday

The Kalshi promo code COVERS unlocks a $10 bonus after you deposit at least $1 and trade $10 in event contracts. Unlike traditional sportsbooks, Kalshi operates as a prediction market where you can trade on outcomes like whether Kentucky will advance past Santa Clara or if any double-digit seeds will pull upsets on Friday's slate.

Key terms for this offer include:

  • Available in most states except AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH
  • Minimum $1 deposit required
  • Must trade $10 in contracts to trigger the bonus
  • ID verification is required during registration
  • Bonus awarded regardless of trading results

For example, if you trade $10 on Arizona to cover their spread against their lower-seeded opponent and they win comfortably, you keep any profits plus receive the $10 bonus. If Arizona struggles and fails to cover, you still receive the $10 bonus despite the trading loss. Compare this offer with other best prediction market promos to maximize your March Madness trading opportunities.

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Is Kalshi legal & Where can I use the Kalshi promo code?

Yes. Kalshi operates as a federally regulated exchange under the Commodity Futures Trading Commission (CFTC). Unlike sportsbooks, Kalshi allows traders to engage in event-based contracts rather than traditional gambling markets.

How does the Kalshi referral code program work?

With a Kalshi referral code, you can earn a $25 bonus for every friend you invite who signs up, deposits funds, and meets the trading requirements within 30 days. To qualify, your friend must register using your unique referral link, available in your account dashboard. Much like a traditional sportsbook referral program, Kalshi rewards existing users for bringing new traders to the platform.

It’s an easy way to boost your bankroll and earn up to $1,000 through successful referrals.


Use the correct Kalshi promo code for your state

  Kalshi Promo Code Eligible States
  COVERS All states.

How to Claim Your Kalshi Promo Code Bonus

Follow these steps to claim your $10 bonus for Friday's NCAA Tournament action:

  1. Visit Kalshi and click the sign-up button
  2. Enter promo code COVERS during registration
  3. Complete account verification with required ID documents
  4. Make a minimum $1 deposit to your account
  5. Navigate to the Sports section and trade $10 in NCAA Tournament contracts
  6. Receive your $10 bonus regardless of trading outcomes

Once your account is active, you can explore various March Madness markets, including game winners, upset predictions, and bracket advancement scenarios. Read our comprehensive Kalshi Sports Review for detailed insights into the platform's features and trading options.


Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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