Kalshi Promo Code COVERS Gives a $10 Bonus for Timberwolves vs Spurs Texas Prediction Markets

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: May 12, 2026 , 05:20 PM ET • 4 min read

Use Kalshi promo code COVERS for a $10 bonus ahead of Timberwolves vs Spurs Game 5. Sign up, deposit $1, and trade today!

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.

As one of the best prediction market apps around, Kalshi is offering new users a great way to get in on the action this May 12. Use the Kalshi promo code COVERS at sign-up, deposit at least $1, and trade $10 in event contracts to unlock a $10 bonus. With Timberwolves vs. Spurs Game 5 on tap, there is no better time to join the platform.

Trade $10 Get $10 With Code COVERS

Kalshi Promo Code: Get $10 for Timberwolves vs. Spurs Game 5

The Kalshi promo code offer is straightforward and available to new users across all eligible states. 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. Once those conditions are met, the $10 bonus is yours regardless of how your trades perform.

That means whether you predict the Timberwolves to win Game 5 and Anthony Edwards delivers another big performance, or you back the Spurs to take control at home with Victor Wembanyama back in the lineup and San Antonio pulls it off, the outcome of your trade does not affect the bonus. Win or lose on your Game 5 prediction, the $10 reward is credited either way once you hit the $10 trading threshold.

Here is a quick breakdown of the key terms attached to this offer:

  • Available to new users in all eligible states
  • Must be physically present in an eligible location
  • Minimum deposit of $1 required
  • Must trade at least $10 in event contracts to unlock the bonus
  • Proof of ID required at registration, including a photo of a driver's license or passport and an accompanying selfie
  • The $10 bonus is awarded regardless of trade outcome
  • Offer is ongoing with no set expiration

If you want to see how this offer stacks up against others on the market, check out a full rundown of the best prediction market promos available right now.


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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 Bonus for Timberwolves vs. Spurs Game 5

Claiming your Kalshi bonus ahead of Game 5 is a quick process. Follow these steps to get started:

  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 a driver's license or passport along with a selfie.
  2. Deposit: Navigate to your Kalshi wallet and click Deposit Cash. Select a payment method, enter at least $1, and confirm the transaction.
  3. Trade: Head to the Sports tab in the predictions marketplace and explore available markets. Place a prediction on an event such as the Timberwolves vs. Spurs series or another contract of your choosing, totaling at least $10 in trades.
  4. Withdraw winnings: If your trades are profitable, 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 deeper look at the platform before you get started, read the full 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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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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