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 5, 2026 , 12:35 PM ET • 4 min read

Use Kalshi promo code COVERS for up to $500 in bonuses. Trade on Wednesday's MLB & WNBA slate and get started today!

Photo By - Covers - Use Kalshi promo code COVERS.

The Kalshi promo code unlocks up to $500 in trading bonuses for eligible new customers who sign up on Aug. 5. Enter code COVERS at registration, deposit at least $10, and transact at least $25 on Kalshi's Predictions product to qualify.

Wednesday's MLB and WNBA slate gives you a full board of prediction markets to get started on, and Kalshi ranks among the best prediction market apps available right now.

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 Wednesday, August 5

Kalshi Promo Code COVERS: Up to $500 in Bonuses for New Users

The Kalshi promo code COVERS is required to access this welcome offer, and it must be entered during the registration process. Once you have signed up and verified your account, deposit at least $10 and then transact at least $25 on Kalshi's Predictions product to trigger the randomized bonus. You can direct that qualifying $25 transaction toward any of Wednesday's MLB or WNBA markets, whether that is a game outcome, a series result, or another available contract.

The bonus is credited after you meet the $25 transaction threshold, regardless of whether your qualifying trade settles in your favor or not. That means if you trade on a Cardinals-Yankees market and it does not go your way, you still receive the bonus credit. The same applies if your Storm-Liberty trade wins. Here is a breakdown of the key terms:

  • Available in all states except Nevada and Washington
  • Deposit at least $10; transact at least $25 on Kalshi's Predictions product
  • Randomized bonus ranges from $15 to $500 (maximum not guaranteed)
  • 70% of participants receive $15; 24% receive $35; 5% receive $75; 0.65% receive $100; 0.35% receive $500
  • Bonus credit expires seven days after it is granted and cannot be withdrawn directly
  • Limited to one offer per Kalshi account; cannot be combined with a referral link

If you want to compare this offer against other available options, check out the best prediction market promos currently on the market.


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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 Kalshi Bonus for the MLB and WNBA Slate

Follow these steps to register, verify your account, and place your qualifying trade on Wednesday's MLB and WNBA markets.

  1. Visit Kalshi and click "Sign Up," then enter promo code COVERS during registration.
  2. Provide your personal details, including date of birth, phone number, and location.
  3. Verify your identity by submitting your Social Security Number, a government-issued ID or passport, and a selfie holding that ID.
  4. Deposit at least $10 into your Kalshi wallet using your preferred payment method.
  5. Navigate to Kalshi's Predictions product and transact at least $25 on an available market, such as any game from Wednesday's MLB or WNBA slate.
  6. Receive your randomized bonus credit after the qualifying transaction is complete.
  7. Use your bonus credit on Kalshi's Predictions product before it expires in seven days, then withdraw eligible cash proceeds through the Transfers section of your profile.

For a full breakdown of the platform, 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 is a Content Editor at Covers who believes good information should make people think more clearly — not tell them what to think.

He prioritizes organizing sports data into simple, transparent insights that readers can actually use. Rather than relying on bold predictions, model projections, or betting buzzwords, he prefers presenting meaningful trends, relevant context, and easy-to-understand statistics that help people make informed decisions for themselves.

A lifelong hockey player and sports fan, Luc combines an analytical mindset with a passion for clear communication. Whether he's breaking down NHL player props, tennis matchups, or broader betting trends, his goal is always the same: take complex information, remove the noise, and present it in a way that's accessible to everyone from casual fans to experienced bettors.

Luc is always exploring new ways to visualize information or finding ways to make numbers easier to understand. Hockey and tennis may be his favourite sports, but he is most passionate about making information easier to understand. Whether it's the NHL, ATP Tour, MLB, or NFL, he enjoys finding meaningful patterns, separating signal from noise, and presenting data in a way that anyone can follow.

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