Kalshi Promo Code COVERS: Get $10 Bonus for Iowa-Illinois, Purdue-Arizona Predictions

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Mar 28, 2026 , 03:40 PM ET • 4 min read

Use Kalshi promo code COVERS for $10 bonus on Iowa vs Illinois predictions. Trade on the Big Ten showdown with prediction markets.

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

The Kalshi promo code COVERS offers new users a $10 bonus for Saturday's Iowa vs. Illinois matchup in the NCAA Tournament South Region final. The ninth-seeded Hawkeyes face third-seeded Illinois in what promises to be a physical Big Ten battle, with both teams seeking their first championship game appearance in decades.

This Saturday, March 28 offer allows bettors to explore one of the best prediction market apps available.

Trade $10 Get $10 With Code COVERS

Kalshi Promo Code Details for Iowa vs Illinois Predictions

The Kalshi promo code COVERS unlocks a $10 bonus after trading $10 in event contracts on the prediction market platform. Unlike traditional sportsbooks, Kalshi operates as a prediction market where users trade on event outcomes rather than place traditional wagers. For the Iowa vs. Illinois game, you could trade on various outcomes such as which team advances or total points scored.

Key terms include availability in all states except Nevada, requiring ID verification during registration, and a minimum $1 deposit. The bonus activates regardless of your trading results. For example, if you trade $10 on Iowa to win and they lose, you still receive the $10 bonus. Conversely, if Illinois wins your trade, you keep any profits plus the bonus.

The platform launched sports offerings in January 2025, expanding beyond its original political and cultural prediction markets. Illinois enters as favorites after defeating Houston, while Iowa shocked Nebraska in their previous matchup. Compare this offer with other best prediction market promos to maximize your trading potential.

Live Market Prices for Iowa vs. Illinois


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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 Kalshi Bonus

Follow these steps to claim your Kalshi bonus for Iowa vs. Illinois predictions:

  1. Register at Kalshi using promo code COVERS during sign-up
  2. Complete ID verification with driver's license or passport photo
  3. Deposit at least $1 into your account
  4. Navigate to the Sports section and find Iowa vs. Illinois markets
  5. Trade $10 in event contracts on any available outcomes
  6. Receive your $10 bonus regardless of trading results

The verification process typically takes a few minutes, allowing you to start trading before Saturday's tip-off. Read our comprehensive Kalshi Sports Review for additional 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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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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