The Kalshi promo code COVERS offers new users a $10 bonus perfect for Saturday's NCAA Tournament Round 2 action on March 21. With eight exciting matchups including Duke vs. TCU and Michigan vs. Saint Louis, this prediction market platform provides a unique way to engage with March Madness beyond traditional sportsbooks.
Unlike other best prediction market apps, Kalshi requires you to trade $10 in event contracts to unlock your reward.
Trade $10 Get $10 With Code COVERS
Kalshi Promo Code Details for NCAA Tournament Saturday
The Kalshi promo code COVERS unlocks a $10 welcome bonus when you register and complete the required trading activity. This offer is available in most U.S. states, excluding Arkansas, Arizona, Connecticut, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Montana, New Jersey, Nevada and Ohio. To claim this bonus, you must make an initial deposit of at least $1 and trade $10 in event contracts on any available markets.
The bonus structure works differently than traditional sportsbooks since Kalshi operates as a prediction market platform. For Saturday's NCAA Tournament games, you could trade on outcomes like whether Duke will advance past TCU or if Michigan can upset Saint Louis. If your trades on these March Madness matchups total $10 or more, you'll receive the $10 bonus regardless of whether your predictions are correct. This means you could trade $10 on Houston beating Texas A&M and still receive your bonus even if the Aggies pull off the upset.
Key terms include providing valid ID verification during registration and being physically located in an eligible state when signing up. The platform launched its sports offerings in January 2025, so markets are more limited compared to established sportsbooks. For the best comparison of available offers, check out the best prediction market promos currently available.
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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. |
How to Claim Your $10 NCAA Tournament Bonus
Claiming your Kalshi bonus for Saturday's NCAA Tournament games requires completing a few straightforward steps:
- Visit Kalshi and click the sign-up button, entering promo code COVERS during registration
- Complete identity verification by providing a driver's license or passport photo with accompanying selfie
- Make a minimum deposit of $1 using your preferred payment method
- Navigate to the Sports section and trade at least $10 in event contracts on any available markets
- Receive your $10 bonus automatically after completing the trading requirement
The platform offers prediction markets beyond sports, including politics, economics and entertainment, providing diverse trading opportunities. Once you've claimed your bonus, you can continue trading on the remaining NCAA Tournament games or explore other available markets. For a comprehensive analysis of this platform's features and offerings, read our detailed 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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