The Kalshi promo code COVERS unlocks a $10 bonus for new users looking to trade on Sunday's Lakers vs. Knicks matchup. This prediction market platform stands out among the best prediction market apps by offering unique trading opportunities on sporting events. As of Sunday, Feb. 1, new users can claim this welcome offer by entering the required promo code during registration.
Lakers vs. Knicks Kalshi Promo Code Details
The Kalshi promo code COVERS provides new users with a $10 bonus after completing their first $10 in event contract trades. Unlike traditional sportsbooks, Kalshi operates as a prediction market where users trade on event outcomes rather than place standard wagers. For Sunday's Lakers vs. Knicks game, you could trade on various outcomes such as total points scored or which team wins.
To unlock this bonus, you must register in an eligible state and enter promo code COVERS during signup. The platform is available in most U.S. states except Illinois, Maryland, Montana, New Jersey, Nevada and Ohio. Key terms include:
- Minimum $1 deposit required
- Must trade $10 in event contracts to trigger bonus
- ID verification required during registration
- $10 bonus awarded regardless of trading results
For example, if you trade $10 on the Lakers to win against the Knicks and your prediction proves correct, you keep your winnings plus receive the $10 bonus. If the Knicks win instead, you still receive the $10 bonus despite the unsuccessful 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 Kalshi Bonus
Claiming your Kalshi welcome bonus requires entering the promo code during registration and completing your first trades. Follow these steps to get started:
- Navigate to Kalshi and click the signup button, ensuring you enter promo code COVERS during registration
- Complete identity verification by uploading a photo ID and selfie as requested
- Make your first deposit of at least $1 using your preferred payment method
- Browse the sports section and select Lakers vs. Knicks or another available market
- Complete $10 worth of event contract trades to trigger your bonus
- Receive your $10 bonus regardless of trading outcomes
This prediction market platform offers a unique alternative to traditional sports betting by focusing on event outcomes and market predictions. Read our comprehensive Kalshi Sports Review for more details about the platform's features and trading options.
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