Kalshi Promo Code COVERS: Trade $10, Get $10 Bonus for Michigan-Illinois, NCAAB Predictions

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Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Feb 27, 2026 • 17:40 ET • 4 min read
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 trading on Friday's massive Big Ten showdown between Michigan and Illinois. The No. 3 Wolverines can clinch their first outright conference title since 2021 with a victory over the No. 10 Fighting Illini in Champaign.

This welcome offer is available through Friday, Feb. 27, making it perfect timing for one of the best prediction market apps to showcase its sports trading capabilities.

Trade $10 Get $10 With Code COVERS

Kalshi Promo Code Details for Michigan vs Illinois

The Kalshi promo code COVERS unlocks a $10 bonus after you trade $10 in event contracts, making it ideal for Friday's Michigan-Illinois clash. Unlike traditional sportsbooks, Kalshi operates as a prediction market where you trade contracts on specific outcomes rather than place traditional bets. For this Big Ten title game, you might trade on whether Michigan wins outright, the total points scored, or individual player performances like Morez Johnson Jr.'s return to face his former Illinois teammates.

The bonus terms are straightforward but important to understand:

  • Available in most states except AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH
  • Minimum $1 deposit required
  • Must trade $10 in contracts to trigger the bonus
  • Receive $10 bonus regardless of trading results
  • ID verification required during registration

If you trade $10 on Michigan to complete their remarkable turnaround and win, you'll receive the $10 bonus whether the Wolverines secure the title or Illinois pulls off the upset. The same applies to any other market you choose for this pivotal conference matchup. For more options, compare the best prediction market promos available.

Friday, February 27 - Key College Basketball Matchups

  • (21) Miami (OH) @ Western Michigan - 6:00 PM ET (CBSSN)
  • Dayton @ George Washington - 7:00 PM ET (ESPN2)
  • Georgia Southern @ Marshall - 9:00 PM ET (ESPN2)

Live Market Prices for Michigan vs. Illinois

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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 the Michigan-Illinois game is a simple process that takes just minutes to complete:

  1. Visit Kalshi and click "Sign Up" while entering promo code COVERS during registration
  2. Complete account verification by providing ID and personal information
  3. Make a minimum $1 deposit using your preferred payment method
  4. Navigate to the Sports section and find Michigan vs Illinois markets
  5. Trade $10 in contracts on any available outcomes for the game
  6. Receive your $10 bonus automatically after completing the trading requirement

The bonus will be credited to your account regardless of whether your trades on the Michigan-Illinois game are profitable, giving you additional funds to explore more prediction markets. Read our comprehensive Kalshi Sports Review for more details on the platform's features and markets.


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.

When he’s not making data-driven betting decisions or breaking down NHL matchups, you’ll find Luc on the ice, hitting the tennis courts, or engaging in some other form of exercise — staying connected to the sports he loves.

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