The Kalshi promo code COVERS unlocks a $10 bonus for new users looking to trade on the NBA Christmas Day matchup between the Cleveland Cavaliers and New York Knicks on Thursday, December 25. This prediction market platform offers a unique alternative to traditional sportsbook promos, allowing users to trade on event outcomes rather than place standard wagers. The Cavaliers will face the juggernaut Knicks in what promises to be an exciting Christmas Day matinee.
$10 Bonus with code COVERS
Kalshi promo code COVERS delivers $10 bonus for Christmas NBA action
The Kalshi promo code provides new users with a $10 bonus after completing specific trading requirements on the platform. Unlike traditional sportsbook bonuses, this offer requires users to trade at least $100 in event contracts to unlock the reward. Users can apply this trading requirement to various markets, including predictions on whether the Knicks will defeat the Cavaliers on Christmas Day.
The bonus structure works differently than standard betting promotions. After entering the promo code COVERS during registration and making an initial deposit of $1 or more, users must complete $100 in contract trades. Whether these trades result in profits or losses, the $10 bonus will be credited to the account. For example, if you trade $100 on the Knicks to win against Cleveland and your prediction proves correct, you receive both your trading profits and the $10 bonus. If the Cavaliers pull off the upset, you still receive the $10 bonus despite the losing trade.
Key terms and conditions include availability in most U.S. states except Illinois, Maryland, Montana, New Jersey, Nevada and Ohio. Users must provide identity verification including a driver's license or passport photo with an accompanying selfie. The platform requires physical location verification in eligible states during registration and trading activities.
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Is Kalshi Legal?
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.
Use the correct Kalshi promo code for your state
| ⏩Kalshi Promo Code | 🌎Eligible States |
| COVERS | Most states + DC |
How to claim your Kalshi Christmas Day NBA bonus
Claiming the Kalshi promo code COVERS bonus involves a straightforward registration and trading process that can be completed before the Cavaliers-Knicks Christmas Day tip-off.
- Navigate to Kalshi's registration page and click the sign-up button, ensuring you enter promo code COVERS during the account creation process.
- Complete the verification process by providing personal information, Social Security Number and uploading required identification documents with a matching selfie.
- Make an initial deposit of at least $1 using your preferred payment method through the platform's deposit interface.
- Browse the sports prediction markets and select contracts totaling $100 in trading value, such as outcomes for the Christmas Day NBA games.
- Complete your trades and receive the $10 bonus regardless of trading results, which can be withdrawn or used for additional contract purchases.
The prediction market platform offers unique trading opportunities beyond traditional sports betting, including markets on politics, entertainment and cultural events. Read our comprehensive Kalshi Sports Review for detailed information about the platform's features and trading options.
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