Kalshi Promo Code COVERS: Get up to $500 Bonus for NFL, MLB, WNBA Prediction Markets

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Aug 6, 2026 , 12:35 PM ET • 4 min read

Use Kalshi promo code COVERS for up to $500 trading bonus on NFL, MLB & WNBA markets. Aug. 6 slate includes Panthers-Cardinals Hall of Fame Game.

Photo By - Covers - Use Kalshi promo code COVERS.

Thursday, Aug. 6 brings a loaded slate across NFL, MLB and WNBA, making it the perfect time to explore the Kalshi promo code offer available to new users. Kalshi is one of the best prediction market apps, and right now eligible new customers can claim up to $500 in trading bonuses by using the code COVERS during registration.

The offer requires a code, and you'll need to meet a $25 transaction requirement to qualify for your randomized bonus.

Earn up to $500 Trading Bonus

* Certain limitations apply. Offer available to new users only and subject to the terms and conditions at kalshi.com/tc/500. Must be 18+ to participate. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Carefully consider whether trading is appropriate for you based on your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

Kalshi Promo Code COVERS: Claim our Exclusive Bonus Today
Kalshi New User Offer Earn up to $500 Bonus
Kalshi promo code COVERS
T&Cs 18+ (All states + DC (except NV and WA))
Date Verified August 6

How the Kalshi Promo Code Works

The Kalshi promo code COVERS unlocks a welcome offer that rewards eligible new customers with bonus trading credits ranging from $15 to $500. To qualify, you must deposit at least $10 and complete $25 in transactions on Kalshi's Predictions product. The bonus is credited after you meet the $25 transaction requirement, regardless of whether your qualifying trades on Thursday's slate win or lose.

Key terms include the following:

  • Available in all states except Nevada and Washington
  • Limited to one offer per account
  • Bonus credits expire seven days after being granted
  • Bonus credits must be used on Kalshi's Predictions product and cannot initially be withdrawn
  • Bonus distribution: 70% of participants receive $15, 24% receive $35, 5% receive $75, 0.65% receive $100, and 0.35% receive $500

You can trade on any market available Thursday, including the Panthers-Cardinals Hall of Fame Game, MLB matchups, or the Aces-Fever WNBA contest. After you use your bonus credit on Kalshi's Predictions product, you can withdraw eligible cash proceeds from your account. For a complete comparison of offers across the prediction market space, check out the best prediction market promos available today.


Enjoying Covers content? Add us as a preferred source on your Google account Add as a preferred source on Google

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 (except NV and WA)

Claiming Your Bonus on Thursday's Slate

Getting started with Kalshi and qualifying for the bonus is straightforward. Follow these steps to sign up and place your first trade:

  1. Visit Kalshi and select "Sign Up," then enter the promo code COVERS during registration
  2. Provide your personal information, including date of birth, phone number, and location
  3. Verify your identity by submitting a government ID or passport along with a selfie holding that ID
  4. Deposit at least $10 into your account using your preferred payment method
  5. Navigate to Thursday's available markets and complete $25 in transactions on Kalshi's Predictions product
  6. Your randomized bonus credit will be awarded after you meet the $25 transaction requirement
  7. Use your bonus credit on additional trades, then withdraw any eligible cash proceeds

For more details on Kalshi's platform and features, read the full Kalshi Sports Review.


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.

18+. Gambling can be addictive, please play responsibly.

Pages related to this topic

Luc LeBlanc
Content Editor

Luc LeBlanc has worked in sports media for nearly half a decade, blending his analytical approach, knack for pattern recognition, and a unique, transparent writing style to present readers with the best and most accurate information. Safe and responsible sports betting never comes from blindly following picks or projections, but rather from better informing oneself through digesting trusted, transparent, and reliable information.

He prioritizes organizing sports data into simple, informative insights that readers can actually use. Rather than relying on bold predictions, model projections, or betting buzzwords, he emphasizes transparency and prioritizes presenting information that all readers, from casual bettors to high rollers, can immediately understand.

He holds a Geography degree (BSc) from Saint Mary's University. His love for maps and his science-oriented thought processes have seamlessly translated to how he approaches his work today.

Luc is always exploring new ways to visualize information or finding ways to make numbers easier to understand. Hockey and tennis may be his favourite sports, but he is most passionate about making information easier to understand — a passion not limited to the sports he closely follows. Whether it's the NHL, ATP/WTA Tours, MLB, or NFL, he can always be trusted to deliver valuable information in an accessible manner and will never, ever push a narrative without good reason.

Prior to joining Covers, his work could be found across numerous publications, such as The Hockey Writers, FanSided, and Oddspedia. 

Popular Content

Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo