Kalshi Promo Code 'COVERS' Gives A $10 Bonus For Your First Play On Rice vs Texas State

Use the Kalshi promo code COVERS for $10 bonus on the Armed Forces Bowl Rice vs Texas State predictions. Trade $100 to unlock a reward.

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor
Jan 2, 2026 • 10:10 ET • 4 min read
Imagn Images.
Photo By - Imagn Images.

The Kalshi promo code COVERS offers new users a $10 bonus for trading on prediction markets, including Friday's Armed Forces Bowl between Rice and Texas State. This $10 welcome offer requires entering the code COVERS during registration and trading $100 in event contracts to unlock the reward. With Rice (5-7) facing Texas State (6-6) on Friday, January 2, bettors can explore Kalshi's unique prediction markets alongside traditional sportsbook promos.

$10 Bonus with code "COVERS"

Kalshi promo code COVERS delivers $10 bonus for Armed Forces Bowl predictions

The Kalshi promo code COVERS unlocks a $10 bonus for new users who complete the platform's trading requirements. Unlike traditional sportsbook bonuses, this offer requires users to trade $100 in event contracts across any available markets to receive the reward. The bonus applies regardless of whether your predictions win or lose, making it a guaranteed reward for active participation.

For the Armed Forces Bowl, you could predict outcomes like whether Rice will cover the spread or if the total points will exceed a certain threshold. If you trade $100 on Rice to win outright and they pull off the upset, you'll receive both any potential winnings from your correct prediction plus the $10 bonus. Conversely, if Texas State wins as expected and your Rice prediction loses, you'll still receive the $10 bonus for meeting the trading requirement.

Key terms include availability in most states except Illinois, Maryland, Montana, New Jersey, Nevada, and Ohio. Users must provide ID verification during registration and make a minimum $1 deposit. The promo code COVERS must be entered during the sign-up process to qualify for this welcome offer.

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Is Kalshi Legal?

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.


Use the correct Kalshi promo code for your state

⏩Kalshi Promo Code 🌎Eligible States
 "COVERS"  Most states + DC

How to claim your Kalshi promo for Rice vs Texas State

Claiming the Kalshi welcome bonus requires completing a straightforward registration and trading process. Follow these steps to secure your $10 bonus before the Armed Forces Bowl kicks off:

  1. Visit Kalshi and click the sign-up button, entering promo code COVERS during registration
  2. Complete identity verification by uploading a driver's license or passport photo plus a selfie
  3. Make a minimum $1 deposit using your preferred payment method
  4. Navigate to the Sports section and trade $100 total across any available event contracts
  5. Receive your $10 bonus automatically after completing the trading requirement

The Armed Forces Bowl between Rice and Texas State provides an excellent opportunity to explore Kalshi's prediction markets while earning your welcome bonus. Read our comprehensive Kalshi Sports Review for additional details about the platform's features and market offerings.


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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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