March Madness Sunday delivers eight thrilling Round 2 matchups, including powerhouse clashes like Miami vs. Purdue and Kentucky vs. Iowa State. The Kalshi promo code COVERS unlocks a $10 bonus for new users looking to trade predictions on these elite tournament games. This $10 bonus requires trading $10 in event contracts to activate the reward on one of the best prediction market apps.
Sunday, March 22 marks the perfect opportunity to explore Kalshi's sports prediction markets with this welcome offer.
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 sportsbooks, Kalshi operates as a prediction market where users trade on event outcomes rather than place standard wagers. For Sunday's March Madness action, you could trade on whether top seeds like Florida and Arizona advance, or if upset-minded teams like Miami or UCLA can continue their tournament runs.
Key terms include availability in most U.S. states except Arkansas, Arizona, Connecticut, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Montana, New Jersey, Nevada and Ohio. Users must verify their identity with photo ID and make a minimum $1 deposit. The bonus activates regardless of trading results. For example, if you trade $10 on Purdue defeating Miami and win, you receive both your trading profits plus the $10 bonus. If your prediction loses, you still earn the $10 bonus to continue trading on other tournament matchups.
Kalshi's sports offerings launched in January 2025, making it newer than established platforms but offering unique prediction markets unavailable elsewhere. Compare current offers and explore more options with best prediction market promos available today.
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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 Kalshi Bonus
Claiming your Kalshi welcome bonus takes just a few simple steps to start trading on Sunday's March Madness games:
- Register at Kalshi and enter promo code COVERS during sign-up
- Complete identity verification with photo ID and personal information
- Make a minimum $1 deposit using your preferred payment method
- Navigate to the Sports section and select March Madness markets
- Trade $10 total across any event contracts to unlock your $10 bonus
- Receive your bonus regardless of trading outcomes
The bonus appears in your account after completing the trading requirement, giving you additional funds to explore more tournament predictions. Read our comprehensive Kalshi Sports Review for detailed platform insights and trading strategies.
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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