The New York Knicks face the Toronto Raptors in an NBA Cup quarterfinal Tuesday night, and new users can claim a Kalshi promo code offer to trade on the outcome. Enter code "COVERS" during registration to unlock a $10 bonus after trading $100 in event contracts on Tuesday, December 9. The Knicks enter with a nine-game winning streak against Toronto, making this quarterfinal matchup an intriguing prediction market opportunity among available sportsbook promos.
$10 Bonus with code "COVERS"
Kalshi promo code COVERS unlocks $10 welcome bonus
New Kalshi users can claim a $10 welcome bonus by entering Kalshi promo code "COVERS" during registration. Unlike traditional sportsbook offers, this prediction market bonus requires trading $100 in event contracts to unlock the reward. The platform offers unique markets on the Knicks vs Raptors game, allowing users to predict outcomes beyond traditional point spreads.
Key terms for the Kalshi welcome offer include:
- Available in most U.S. states except IL, MD, MT, NJ, NV, and OH
- Minimum $1 deposit required
- Must trade $100 in contracts to receive $10 bonus
- Bonus awarded regardless of trading results
- ID verification required during registration
For example, if you trade $100 on the Knicks to advance to the NBA Cup semifinals and they win, you keep your profits plus receive the $10 bonus. If Toronto pulls the upset, you still receive the $10 bonus despite the losing trade.
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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 NBA Cup bonus
Follow these steps to claim your Kalshi welcome bonus for the Knicks vs Raptors quarterfinal:
- Navigate to Kalshi and click "Sign Up"
- Enter promo code "COVERS" during registration
- Complete identity verification with photo ID and selfie
- Make a minimum $1 deposit to your account
- Browse the Sports section for NBA Cup markets
- Trade at least $100 in contracts on available outcomes
- Receive your $10 bonus automatically
The prediction market platform offers a different approach to sports trading compared to traditional betting sites. Read our comprehensive Kalshi Sports Review for complete details on markets, 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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