Kalshi Promo Code COVERS: Claim $10 Thanksgiving Bonus for Navy vs. Memphis Prediction Market

Use Kalshi promo code COVERS for a $10 bonus on Navy vs Memphis Thursday. Trade $100 in contracts to unlock your welcome reward.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Nov 27, 2025 • 16:40 ET • 4 min read
Photo By - Imagn Images.

Navy faces Memphis on Thursday, November 27 in a crucial American Conference matchup that could determine the Midshipmen's path to the conference title game. With the Kalshi promo code COVERS, new users can claim a $10 bonus to trade on this pivotal game and other sports markets.

This offer stands out among sportsbook promos as it rewards trading activity rather than traditional betting.

$10 Bonus with code COVERS

Kalshi promo code COVERS unlocks $10 bonus for Navy vs Memphis

The Kalshi promo code provides new users with a $10 bonus after completing $100 in event contract trades. Unlike traditional sportsbooks, Kalshi operates as a prediction market platform where users trade on event outcomes rather than place standard bets. To unlock this bonus, you must enter the code COVERS during registration and meet the trading requirement.

For the Navy vs. Memphis game, you can bet on various outcomes, such as which team wins or the total points scored. If your trades on Navy's upset bid prove successful, you keep your profits plus the $10 bonus. Even if your predictions on Memphis covering the spread don't work out, you still receive the full $10 bonus once you've completed the required trading volume.

Key terms include availability in most states except Illinois, Maryland, Montana, New Jersey, Nevada, and Ohio. You must provide ID verification and make a minimum $1 deposit. The bonus has no expiration once earned, giving you flexibility to use it on future markets.

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Is Kalshi Legal?

Yes. Kalshi operates as a federally regulated exchange under the jurisdiction of 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 welcome bonus

Getting started with Kalshi for Thursday's Navy vs Memphis game requires just a few simple steps.

  1. First, visit Kalshi and click the sign-up button, ensuring you enter promo code COVERS during registration.
  2. Complete the account verification process by providing your personal information and uploading a photo ID along with a selfie.
  3. Next, deposit at least $1 into your account using your preferred payment method.
  4. Navigate to the Sports section and find markets related to the Navy vs Memphis game or other available events.
  5. Complete $100 worth of trades across any combination of markets to trigger your $10 bonus, which will be credited regardless of your trading results.

Read our comprehensive Kalshi Sports Review for more details about the platform's features and market offerings.


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Luc LeBlanc
Content Editor

Luc has been keeping up with various realms of the sports world since a young age, playing an abundance of competitive sports as a child, and is still going strong as a hockey player to this day. Having been involved with sports media and the sports betting world for two years and graduating from university in 2025, he ultimately chose to pursue a career in sports media.Luc has over five years of experience in sports betting across a wide range of professional sports and has been providing valuable insights since debuting in the field as a sports betting expert with various publications in 2023. He has a wide base of sports knowledge, though his favorites are undoubtedly hockey and tennis – always staying up to date with the NHL and following the ATP and WTA tours.When betting, Luc always does his due diligence, analyzing trends and finding value by recognizing and linking valuable props to other probable outcomes.

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