The Kalshi promo code COVERS unlocks a $10 bonus for new users looking to make predictions on Friday's New Mexico vs. Minnesota Rate Bowl matchup. Minnesota enters with a perfect 6-0 bowl record under coach P.J. Fleck, while New Mexico seeks its first bowl victory since 2016 in what could be a historic 10-win season. This $10 welcome offer provides an excellent opportunity to engage with prediction markets on December 26.
Unlike traditional sportsbook promos, Kalshi's platform focuses on event contract trading rather than standard sports betting.
Kalshi promo code COVERS offer breakdown
The Kalshi promo code requires users to trade $100 in event contracts to unlock the $10 bonus reward. New users must enter the code during registration and make a minimum deposit of $1 to activate their account. The offer is available in most U.S. states except Illinois, Maryland, Montana, New Jersey, Nevada, and Ohio.
For the Rate Bowl matchup, you could trade contracts predicting Minnesota to continue their bowl dominance or New Mexico to achieve their milestone 10th win. If you trade $100 in contracts on Minnesota winning and they cover, your successful predictions earn profits plus the $10 bonus. Even if New Mexico pulls off the upset and your Minnesota contracts lose value, you still receive the guaranteed $10 bonus after completing the trading requirement.
Key terms include providing photo identification during registration and being physically located in an eligible state. The bonus activates regardless of your trading results, making it a valuable introduction to Kalshi's prediction market platform
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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 Rate Bowl Kalshi bonus
Claiming your Kalshi welcome offer for the New Mexico vs. Minnesota game follows a straightforward process. Start by visiting Kalshi's registration page and entering promo code COVERS during account creation.
Complete the verification process by uploading a photo ID and a selfie, then make a minimum deposit of $1. Navigate to the Sports section and locate Rate Bowl prediction markets. Trade at least $100 in event contracts on outcomes like the game winner, total points, or individual player performances. Your $10 bonus will be credited after meeting the trading requirement, regardless of whether your predictions prove accurate.
Read our comprehensive Kalshi Sports Review for detailed information about the platform's features and market offerings.
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