Kalshi Promo Code 'COVERS' Lets New Users Claim A $10 Bonus On A $10 Lakers-Cavs Trade

Use the Kalshi promo code 'COVERS' to get a $10 bonus for Lakers vs Cavaliers predictions. Trade $10 in contracts to unlock your reward.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Jan 28, 2026 • 15:05 ET • 4 min read
Get A $10 Bonus On A $10 Trade With Our Kalshi Promo Code.
Photo By - Get A $10 Bonus On A $10 Trade With Our Kalshi Promo Code.

LeBron James returns to Cleveland on Wednesday, January 28 when the Lakers face the Cavaliers in what could be one of his final games in Northeast Ohio. New users can capitalize on this marquee matchup by claiming Kalshi's $10 bonus with Kalshi promo code 'COVERS'. Unlike traditional sportsbooks, Kalshi operates as one of the best prediction market apps where users trade on event outcomes rather than place traditional bets.

Trade $10 Get $10 With Code "COVERS"

Kalshi promo code 'COVERS' delivers $10 bonus for Lakers-Cavaliers predictions

The Kalshi promo code 'COVERS' unlocks a $10 welcome bonus for new users who complete their first trades. To activate this offer, users must register with the code, make a minimum $1 deposit, and trade at least $10 in event contracts. The bonus is awarded regardless of whether your predictions are correct, making it an attractive introduction to prediction markets.

For the Lakers vs Cavaliers game, you might trade on outcomes like whether LeBron James will score over 22.5 points or if Donovan Mitchell will lead Cleveland in scoring. If you trade $10 on James exceeding his season average of 22.4 points and he scores 28, you could profit from the correct prediction, plus receive your $10 bonus. Conversely, if James scores only 18 points, you would lose your trade amount but still receive the $10 bonus for completing the requirement.

Key terms include availability in most states except Illinois, Maryland, Montana, New Jersey, Nevada, and Ohio. Users must provide ID verification during registration and be physically located in an eligible state when trading.

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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 Kalshi bonus for Wednesday's game

Claiming your Kalshi bonus requires completing a straightforward registration and trading process before tip-off on Wednesday, January 28.

  1. Visit Kalshi and click 'Sign Up', entering promo code 'COVERS' during registration
  2. Complete identity verification by uploading a driver's license or passport photo plus a selfie
  3. Make a minimum $1 deposit using your preferred payment method
  4. Navigate to the Sports section and trade at least $10 in event contracts
  5. Receive your $10 bonus automatically after completing the trading requirement

The prediction market format allows you to trade on various Lakers-Cavaliers outcomes, from individual player performances to team statistics. Read our comprehensive Kalshi Sports Review for detailed platform analysis and additional trading strategies.


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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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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