Kalshi Promo Code COVERS: $10 Bonus for March Madness Trades

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Mar 22, 2026 , 11:35 AM ET • 4 min read

Use Kalshi promo code COVERS for $10 bonus on March Madness Sunday games. Trade on Miami vs Purdue, Kentucky vs Iowa State and more.

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

March Madness continues Sunday with elite matchups including Miami vs. Purdue and Kentucky vs. Iowa State. The Kalshi promo code COVERS unlocks a $10 bonus for new users looking to trade on these Round 2 games. Unlike traditional sportsbooks, Kalshi operates as one of the best prediction market apps where you can make predictions on game outcomes.

This Sunday, March 22 offer provides an excellent opportunity to explore prediction markets during college basketball's most exciting tournament.

Trade $10 Get $10 With Code COVERS

Kalshi Promo Code Details for March Madness Sunday

The Kalshi promo code COVERS provides new users with a $10 bonus after completing their first $10 in event contract trades. This prediction market platform differs from traditional sportsbooks by allowing users to trade on event outcomes rather than place standard wagers. To unlock the bonus, you must register with the promo code, deposit at least $1, and trade $10 in contracts on any available markets.

Key terms include availability in most U.S. states except Arkansas, Arizona, Connecticut, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Montana, New Jersey, Nevada and Ohio. You must provide ID verification during registration and be physically located in an eligible state. The bonus activates regardless of whether your trades win or lose.

For example, if you trade $10 on Miami beating Purdue and your prediction proves correct, you'll receive both your trading profits plus the $10 bonus. If Miami loses, you'll still receive the $10 bonus despite the unsuccessful trade. This structure makes Sunday's games particularly appealing for new users exploring prediction markets. For more options, compare best prediction market promos available.

Live Market Prices for NCAA Tournament 2026


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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

Follow these steps to claim your Kalshi bonus for Sunday's March Madness games:

  1. Visit Kalshi and click "Sign Up" while entering promo code COVERS during registration
  2. Complete account verification by providing personal information and ID documentation
  3. Make a minimum $1 deposit 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 Kentucky vs. Iowa State or St. John's vs. Kansas
  6. Receive your $10 bonus automatically after completing the trading requirement

The verification process may require a driver's license photo and accompanying selfie. Once approved, you can immediately start trading on Sunday's college basketball action. Read our complete Kalshi Sports Review for additional platform details.


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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