The Kalshi promo code COVERS offers new users a $10 bonus to trade on the 2026 Oscars Best Picture race on Sunday, March 15. Paul Thomas Anderson's "One Battle After Another" leads prediction markets with a 74-75% probability to win, while Ryan Coogler's record-breaking "Sinners" holds 20-22% odds despite earning 16 nominations. Kalshi stands out as one of the best prediction market apps for entertainment betting.
Trade $10 Get $10 With Code COVERS
Kalshi Promo Code Details for $10 Oscars Bonus
The Kalshi promo code COVERS unlocks a $10 welcome bonus for new users who want to trade on the Best Picture race. Unlike traditional sportsbook offers, this bonus requires you to trade $10 in event contracts to unlock the reward, regardless of whether your predictions win or lose.
To claim this offer, you must register with code COVERS and make a minimum $1 deposit. The bonus is available in most U.S. states except Arkansas, Arizona, Connecticut, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Montana, New Jersey, Nevada, and Ohio. You'll need to provide ID verification during registration.
For example, if you trade $10 on "One Battle After Another" to win Best Picture at 74% probability and it wins, you'll receive your trading profits plus the $10 bonus. If "Sinners" pulls off an upset victory instead, you'll still receive the $10 bonus despite the losing trade. Compare this offer with other best prediction market promos available today.
Enjoying Covers content? Add us as a preferred source on your Google account
Is Kalshi Legal & where can I use the Kalshi promo code?
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.
How does the Kalshi referral code program work?
With a Kalshi referral code, you can earn a $25 bonus for every friend you invite who signs up, deposits funds, and meets the trading requirements within 30 days. To qualify, your friend must register using your unique referral link, available in your account dashboard. Much like a traditional sportsbook referral program, Kalshi rewards existing users for bringing new traders to the platform. It’s an easy way to boost your bankroll and earn up to $1,000 through successful referrals.
Use the correct Kalshi promo code for your state
| ⏩Kalshi Promo Code | 🌎Eligible States |
| COVERS | All states except for AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH |
How to Claim Your Kalshi Oscars Prediction Bonus
Follow these steps to claim your $10 bonus for Oscars Best Picture trading:
- Visit Kalshi and click "Sign Up" while entering promo code COVERS during registration
- Complete identity verification by uploading your driver's license or passport with a matching selfie
- Make a minimum $1 deposit using your preferred payment method
- Navigate to the entertainment section and find the Best Picture market
- Trade at least $10 in contracts on any nominee to activate your bonus
- Receive your $10 bonus regardless of trading results
The 98th Academy Awards ceremony takes place March 15, 2026, at the Dolby Theatre with Conan O'Brien hosting. Read our complete Kalshi Sports Review for more details on the platform's features and markets.
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.
Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY).
21+ and present in select states.Gambling Problem? Call 1-800-GAMBLER (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org (MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).
