Kalshi Promo Code COVERS: Trade $10 on Alabama-Michigan Prediction Markets, Get a $10 Bonus

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Mar 27, 2026 , 04:20 PM ET • 4 min read

Use the Kalshi promo code COVERS for a $10 bonus on Alabama vs Michigan March Madness predictions. Trade $10 in contracts to unlock the reward.

Get A $10 Bonus On A $10 Trade With Our Kalshi Promo Code.
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 Alabama vs Michigan NCAA Tournament semifinal. Top-seeded Michigan looks to erase memories of its Big Ten tournament loss to Purdue when they face No. 4 Alabama at the United Center on Friday, March 27. Both teams dominated their opening weekend games, winning by at least 20 points each, setting up an intriguing matchup between Michigan's size advantage and Alabama's hot three-point shooting. Kalshi stands out among the best prediction market apps for offering unique event-based trading opportunities.

Trade $10 Get $10 With Code COVERS

Alabama vs Michigan Kalshi promo code details

The Kalshi promo code COVERS unlocks a $10 bonus when new users complete their first $10 in event contract trades. Unlike traditional sportsbook bonuses, this prediction market reward requires active trading rather than just placing bets. Users must register with the code COVERS, verify their identity with photo ID, deposit at least $1, and trade $10 in contracts to receive the bonus.

For the Alabama vs Michigan game, you could trade on various outcomes, such as which team advances or the total points scored. If you trade $10 on Michigan, covering the spread, and they win by the predicted margin, you profit from successful predictions plus receive your $10 bonus. Even if your Alabama prediction loses, you still earn the $10 bonus for completing the trading requirement. The offer is available in all states except Nevada and requires physical presence in an eligible location during registration.

Key terms include identity verification through driver's license or passport photos, a minimum $1 deposit, and completing $10 in contract trades regardless of outcomes. Compare this offer with other best prediction market promos to maximize your March Madness trading opportunities.


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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 Alabama vs Michigan predictions:

  1. Visit Kalshi and click "Sign Up" while entering promo code COVERS during registration
  2. Complete identity verification by uploading driver's license or passport photos plus a selfie
  3. Deposit at least $1 using your preferred payment method in the Kalshi wallet
  4. Navigate to the Sports section and trade $10 in event contracts on Alabama vs Michigan or other available markets
  5. Receive your $10 bonus automatically after completing the trading requirement

The bonus appears in your account regardless of whether your Alabama vs Michigan predictions win or lose. Read our comprehensive Kalshi Sports Review for more details about the platform's unique prediction market features.


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 using your unique referral link, 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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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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