Kalshi Promo Code COVERS: Get $10 Bonus for NBA, NHL, WNBA, MLB Prediction Markets Today

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: May 23, 2026 , 03:30 PM ET • 4 min read

Use Kalshi promo code COVERS for a $10 bonus this May 23. Trade on NBA & NHL Playoffs, WNBA, and MLB action today!

Photo By - Get A $10 Bonus On A $10 Trade With Our Kalshi Promo Code.

The Kalshi promo code is available now, May 23, and new users can claim a $10 bonus in time for a loaded postseason slate. With the NHL's Eastern Conference Final, the NBA's Eastern Conference Finals, plus MLB and WNBA action all on the schedule, there has never been a better time to explore one of the best prediction market apps available. Simply sign up with code COVERS, deposit at least $1, and trade $10 in contracts to unlock your reward.

Trade $10 Get $10 With Code COVERS

Kalshi Promo Code: Get Your $10 Bonus for NBA and NHL Playoffs Action

The Kalshi promo code offer is straightforward and ongoing, meaning there is no hard expiration date to worry about. After registering with code COVERS, you must make an initial deposit of at least $1 and then trade a minimum of $10 in event contracts. No matter how your trades perform, you will receive the $10 bonus regardless of the outcome.

For example, you could trade on whether the Cleveland Cavaliers or New York Knicks will win Game 3 of the Eastern Conference Finals, or predict whether the Montreal Canadiens can steal a win in Carolina in Game 2 of the NHL Eastern Conference Final. Whether your prediction hits or misses, the $10 bonus is still yours once the trading threshold is met. Here is a quick breakdown of the key terms:

  • Available to new users in all eligible states
  • Minimum deposit of $1 required to activate the offer
  • Must trade at least $10 in event contracts to unlock the $10 bonus
  • Proof of ID required during registration, including a photo of a driver's license or passport and an accompanying selfie
  • The $10 bonus is awarded regardless of trading results
  • Offer is ongoing with no set end date

Kalshi covers far more than just sports, with markets spanning politics, culture, and other real-world events, making it a versatile platform for any prediction enthusiast. If you want to see how this offer stacks up against the competition, check out the latest best prediction market promos compared side by side.


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Use the correct Kalshi promo code for your state

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.

  Kalshi Promo Code Eligible States
  COVERS All states + DC, excluding NV

How to Claim Your $10 Kalshi Bonus for May 23 Playoffs Action

Claiming your Kalshi bonus is a quick process. Follow these steps to get started and place your first trade on today's NBA and NHL playoff matchups:

  1. Sign up and verify: Visit Kalshi and click the Sign Up button. Enter code COVERS during registration and provide your personal details, including date of birth, phone number, and location. You may be asked to verify your identity with a photo of your driver's license or passport along with a selfie.
  2. Deposit funds: Navigate to your Kalshi wallet and click Deposit Cash. Select your preferred payment method and deposit a minimum of $1 to activate the offer.
  3. Trade contracts: Head to the Sports tab in the predictions marketplace and explore available markets. Trade at least $10 in event contracts, such as predicting whether the Cavaliers or Knicks will take control of the Eastern Conference Finals or whether the Canadiens can upset the Hurricanes in Carolina.
  4. Withdraw winnings: If your trades generate a profit, go to the Transfers section of your profile, select Withdraw Funds, choose a linked payment method, and enter the amount you wish to withdraw.

For a full breakdown of the platform and everything it has to offer, read the complete Kalshi Sports Review.


How does the Kalshi referral code program work?

With a Kalshi referral code, you can earn a $25 bonus for every friend you invite who signs up, deposits funds, and meets the trading requirements within 30 days. To qualify, your friend must register through your unique referral link, which is available in your account dashboard. Much like a traditional sportsbook referral program, Kalshi rewards existing users for bringing new traders to the platform.

It’s an easy way to boost your bankroll and earn up to $1,000 through successful referrals.


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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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.

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