If you are looking to get in on the action for Michigan vs. Nebraska, now is the perfect time. New users can access a $10 bonus with $100 trading requirement by using the Kalshi promo code "COVERS" during registration. This offer is current as of Saturday, Sept. 20, so you can sign up with confidence knowing you are getting the latest deal.
The Wolverines and Cornhuskers are set for a high-stakes Big Ten opener, and you can trade on every twist and turn. Do not miss your chance to claim this bonus and start trading on one of college football’s most intriguing matchups.
How the Kalshi Promo Code "COVERS" Works for Michigan vs. Nebraska
The Kalshi promo code "COVERS" unlocks a $10 bonus with a $100 trading requirement for eligible new users in Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, North Carolina, Tennessee and Virginia. This means you will receive a $10 bonus after you deposit at least $1, complete the ID verification process and trade $100 or more on Kalshi’s prediction markets.
Here is how you can make the most of this offer with Saturday’s Michigan vs. Nebraska game. Nebraska’s offense is rolling, having scored 50-plus points in back-to-back games, while quarterback Dylan Raiola has been nearly flawless with eight touchdowns and no interceptions. Michigan, on the other hand, is averaging 6.1 yards per carry, with Bryce Underwood coming off a breakout performance of 114 rushing yards and two touchdowns.
You could reach the $100 trading requirement by predicting whether Michigan’s rushing attack will break 250 yards, if Nebraska can hold the Wolverines under 30 points, or if Raiola throws for multiple touchdowns against the nation’s No. 21 team. Each trade—win or lose—counts toward your $100 total. For example, if you place $20 on Michigan to score first, $40 on Nebraska’s defense holding strong in the first quarter and $40 on Underwood’s combined yardage, you will meet the requirement and unlock your bonus.
Remember, you must use the Kalshi promo code "COVERS" during registration, and the offer must be claimed within 30 days of signing up. The $10 bonus will be credited within 72 hours after meeting the trading requirement, but it expires in 60 days if not used. Bonus funds are non-withdrawable, and the stake is not included in any returns. Winnings can be withdrawn after a one-time trading requirement is met, and withdrawals typically process within five business days. You must be 18 or older (21+ in Virginia) and complete ID verification with a photo and selfie.
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 and Trade on Michigan vs. Nebraska
Ready to trade on Michigan vs. Nebraska? Here is how you can get started and claim your Kalshi bonus:
- Register for a new Kalshi account and enter promo code "COVERS" during sign-up.
- Make a qualifying deposit of at least $1.
- Complete the ID verification process with a photo and selfie.
- Start trading on prediction markets such as Michigan’s rushing yards, Nebraska’s passing defense or game outcome props until you reach $100 in total trades.
- Receive your $10 bonus within 72 hours of meeting the requirement.
- Use your bonus funds on any prediction market, then withdraw any winnings after meeting the one-time trading requirement.
This offer is only available in Arizona, Colorado, Indiana, Iowa, Kentucky, Louisiana, North Carolina, Tennessee and Virginia. Do not forget—promo code "COVERS" is required to unlock the $10 bonus with $100 trading requirement. Sign up today and trade your predictions on one of college football’s most anticipated matchups! 🏈
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