Kalshi Promo Code COVERS20: Trade $20, Get $35 Bonus for MLB & WNBA Prediction Markets

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Aug 18, 2026 , 12:35 PM ET • 4 min read

Use Kalshi promo code COVERS20 for Trade $20, Get $35 on MLB & WNBA markets. Aug. 18 slate offers deep betting action.

Photo By - Covers - Use Kalshi promo code COVERS20.

Tuesday, Aug. 18 brings a full MLB slate and compelling WNBA action, making it an ideal time to explore one of the best prediction market apps. A Kalshi promo code can help you get started with a Trade $20, Get $35 welcome offer. You'll need to enter COVERS20 during registration to claim this bonus and begin trading on the day's events.

Trade $20, Get $35 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 COVERS20: Claim our Exclusive Bonus Today
Kalshi New User Offer Trade $20, Get $35
Kalshi promo code COVERS20
T&Cs 18+ (All states + DC (except NV and WA))
Date Verified August 18

How the Kalshi Promo Code Works

The Kalshi promo code COVERS20 unlocks a straightforward welcome offer for eligible new customers. After you sign up and verify your account, you'll deposit at least $20 and complete $20 in qualifying trades on Kalshi's Predictions product. Once you meet that transaction threshold, you receive a $35 bonus credit, regardless of whether your trades on Tuesday's MLB and WNBA matchups win or lose.

Key terms include the following:

  • Available in all states except Nevada and Washington
  • Limited to one offer per account
  • Bonus credit expires seven days after it is granted
  • Bonus credit must be used on Kalshi's Predictions product and cannot initially be withdrawn
  • You must provide government ID verification and a selfie as part of account setup

The offer applies to any trades you place on Tuesday's slate, including the Yankees-Orioles matchup, Fever-Tempo WNBA game, or any other available markets. Whether your prediction proves correct or incorrect, the bonus is credited once you complete the $20 transaction requirement.

For a comprehensive look at how this compares to other opportunities, check out the best prediction market promos available today.


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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
  COVERS20 All states + DC (except NV and WA)

Claiming Your Offer on Tuesday's MLB and WNBA Action

Getting started with your COVERS20 code is simple. Follow these steps to register and place your first trades:

  1. Visit Kalshi and select Sign Up, then enter COVERS20 during registration
  2. Provide your personal information, date of birth, phone number, and location
  3. Submit government ID verification and a selfie holding that ID
  4. Deposit at least $20 into your account using your preferred payment method
  5. Navigate to the Predictions product and place trades totaling at least $20 on Tuesday's markets
  6. Your $35 bonus credit will be awarded once the transaction requirement is met
  7. Use your bonus credit on additional trades within the seven-day expiration window

For more details on what Kalshi offers, read our 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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