Kalshi Promo Code COVERS: Claim $10 Bonus for March Madness First Round Predictions

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Mar 19, 2026 , 01:13 PM ET • 4 min read

Use Kalshi promo code COVERS for $10 bonus on March Madness Round 1 mid-day games. Trade predictions on Duke, Vanderbilt, Michigan State & Arkansas.

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

March Madness Round 1 mid-day games on Thursday, March 19 feature four compelling matchups that showcase the tournament's unpredictable nature. New users can capitalize on these exciting contests with the Kalshi promo code COVERS, which unlocks a $10 bonus for prediction market trading. The slate includes top-seeded Duke facing Siena, Vanderbilt taking on McNeese, Michigan State battling North Dakota State, and Arkansas squaring off against Hawaii.

These games offer perfect opportunities to explore one of the best prediction market apps available today.

Trade $10 Get $10 With Code COVERS

March Madness 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 sportsbook offers, this prediction market bonus rewards users regardless of whether their trades win or lose. For example, if you trade $10 on Duke covering the spread against Siena and your prediction proves correct, you'll receive both your winnings and the $10 bonus. Conversely, if Duke fails to cover and you lose your trade, you'll still receive the $10 bonus as compensation.

The offer requires users to be physically located in eligible states, which excludes AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH. New users must provide valid identification during registration and make a minimum deposit of $1. The bonus activates automatically once you complete $10 in contract trades on any available markets, including the March Madness games. Terms include standard age verification requirements and account limits per household.

These mid-day tournament games provide excellent trading opportunities across various prediction markets. You can explore additional opportunities by comparing best prediction market promos available from different platforms.

Live Market Prices for NCAA Tournament Winner

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Is Kalshi Legal & where can I use the Kalshi promo code?

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.

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.


Use the correct Kalshi promo code for your state

  Kalshi Promo Code Eligible States
  COVERS All states except for AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH

How to Claim Your $10 Kalshi Bonus

Claiming your Kalshi bonus for March Madness trading is straightforward with these steps:

  1. Visit Kalshi and click the sign-up button, entering promo code COVERS during registration
  2. Complete account verification by providing valid identification and personal information
  3. Make a minimum deposit of $1 using your preferred payment method
  4. Navigate to the Sports section and select March Madness markets
  5. Trade at least $10 in event contracts on games like Duke vs. Siena or Vanderbilt vs. McNeese
  6. Receive your $10 bonus automatically, regardless of trade outcomes

The platform offers prediction markets on game outcomes, point spreads, and player performances for all four mid-day contests. Read our comprehensive Kalshi Sports Review for additional insights into the platform's features and market offerings.


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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