Kalshi Promo Code COVERS: Get up to $500 Bonus for MLB & WNBA Prediction Markets

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Aug 12, 2026 , 12:35 PM ET • 4 min read

Use Kalshi promo code COVERS for up to $500 in trading bonuses on MLB & WNBA markets. Aug. 12 slate available now.

Photo By - Covers - Use Kalshi promo code COVERS.

New users can claim up to $500 in trading bonuses with a Kalshi promo code on Aug. 12 while trading on MLB and WNBA markets. The offer requires the code COVERS at sign-up and is available to eligible new customers across most states.

Kalshi is one of the best prediction market apps for trading on sports events, and this welcome offer gives you bonus credit to use on Wednesday's full slate of baseball and basketball action.

Earn up to $500 Trading Bonus

* Certain limitations apply. Offer available to new users only and subject to the terms and conditions at kalshi.com/tc/500. Must be 18+ to participate. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Carefully consider whether trading is appropriate for you based on your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

Kalshi Promo Code COVERS: Claim our Exclusive Bonus Today
Kalshi New User Offer Earn up to $500 Bonus
Kalshi promo code COVERS
T&Cs 18+ (All states + DC (except NV and WA))
Date Verified August 11

How the Kalshi Promo Code Works

The Kalshi promo code COVERS unlocks a randomized bonus ranging from $15 to $500 for eligible new customers. To qualify, you must deposit at least $10 and complete $25 in trades on Kalshi's Predictions product. The bonus is credited after you meet the $25 transaction requirement, regardless of whether your trades on the MLB and WNBA markets win or lose.

Key terms include the following:

  • Available in all states except Nevada and Washington
  • One offer per account, limited to new customers
  • Bonus ranges from $15 to $500 with 70% of participants receiving $15
  • Bonus credit expires seven days after it is granted
  • Bonus credit must be used on Kalshi's Predictions product and cannot be withdrawn initially
  • Government ID and selfie verification required

Whether you trade on the Mariners-Yankees matchup, an NL East rivalry, or any other Aug. 12 market, your qualifying transactions count toward the $25 requirement. Comparing best prediction market promos shows that Kalshi's randomized bonus structure offers flexibility for traders of all experience levels.


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Use the correct Kalshi promo code for your state

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.

  Kalshi Promo Code Eligible States
  COVERS All states + DC (except NV and WA)

How to Claim Your Bonus on MLB and WNBA Markets

Follow these steps to sign up, verify your account, and start trading on Wednesday's slate:

  1. Visit Kalshi and select Sign Up, then enter the promo code COVERS during registration
  2. Provide your personal information, date of birth, phone number, and location
  3. Submit a government ID or passport along with a selfie holding that ID for verification
  4. Deposit at least $10 into your Kalshi wallet using your preferred payment method
  5. Navigate to the MLB or WNBA markets available on Aug. 12 and complete $25 in trades
  6. Your randomized bonus credit will be awarded after you meet the $25 transaction requirement
  7. Use your bonus credit on additional Kalshi Predictions trades before it expires in seven days

For a complete overview of the platform, check out the Kalshi Sports Review.


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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Luc LeBlanc
Content Editor

Luc LeBlanc has worked in sports media for nearly half a decade, blending his analytical approach, knack for pattern recognition, and a unique, transparent writing style to present readers with the best and most accurate information.

Safe and responsible sports betting never comes from blindly following picks or projections, but rather from better informing oneself through digesting trusted, transparent, and reliable information.

He holds a Geography degree (BSc) from Saint Mary's University. His love for maps and his science-oriented thought processes have seamlessly translated to how he approaches his work today.

Whether it's the NHL, ATP/WTA Tours, MLB, or NFL, he can always be trusted to deliver valuable information in an accessible manner and will never push a narrative without good reason.

Prior to joining Covers, his work could be found across numerous publications, such as The Hockey Writers, FanSided, and Oddspedia. 

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