Kalshi Promo Code COVERS: Unlock $10 Bonus for Timberwolves vs. Grizzlies, NBA Prediction Markets

Use Kalshi promo code COVERS for a $10 bonus on Timberwolves vs Grizzlies predictions. Trade $10 in contracts to unlock your welcome reward.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Jan 31, 2026 • 16:40 ET • 4 min read
Photo By - Get A $10 Bonus On A $10 Trade With Our Kalshi Promo Code.

The Minnesota Timberwolves visit the Memphis Grizzlies on Saturday as both teams look to break out of recent struggles. New users can capitalize on this matchup by claiming the Kalshi promo code COVERS offer for a $10 bonus when trading on prediction markets.

This welcome offer is available through Saturday, Jan. 31, making it perfect timing for those interested in exploring one of the best prediction market apps available today.

Trade $10 Get $10 With Code COVERS

Kalshi Promo Code COVERS Delivers $10 Welcome Bonus

The Kalshi promo code provides new users with a $10 bonus after completing their first $10 in event contract trades. Unlike traditional sportsbook bonuses, this offer requires users to actively trade on prediction markets rather than place standard wagers. The bonus activates regardless of whether your initial trades win or lose, providing guaranteed value for new users exploring the platform.

To qualify for this offer, users must register with promo code COVERS and make a minimum deposit of $1. The platform is available in most U.S. states, excluding Illinois, Maryland, Montana, New Jersey, Nevada and Ohio. Users must provide valid identification during registration, including a driver's license or passport photo along with a verification selfie.

For the Timberwolves vs. Grizzlies matchup, traders could explore various prediction markets related to the game outcome. If you trade $10 on Minnesota covering a point spread and your prediction proves correct, you would receive your winnings plus the $10 bonus. Conversely, if your prediction on Memphis winning outright fails, you would 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 $10 Timberwolves vs Grizzlies Bonus

Claiming your Kalshi welcome bonus requires completing a straightforward registration and trading process. Follow these steps to secure your $10 reward before Saturday's game:

  1. Navigate to Kalshi and click the sign-up button, entering promo code COVERS during registration
  2. Complete identity verification by uploading a photo ID and verification selfie
  3. Make a minimum deposit of $1 using your preferred payment method
  4. Browse the sports prediction markets and select contracts totaling at least $10
  5. Complete your trades to automatically trigger the $10 bonus reward

The bonus appears in your account immediately after meeting the trading requirement, regardless of your prediction outcomes. This makes the Timberwolves vs. Grizzlies game an ideal opportunity to explore prediction market trading while securing guaranteed bonus value. Read our comprehensive Kalshi Sports Review for additional platform details and market analysis.


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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

When he’s not making data-driven betting decisions or breaking down NHL matchups, you’ll find Luc on the ice, hitting the tennis courts, or engaging in some other form of exercise — staying connected to the sports he loves.

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