The Kalshi promo code COVERS unlocks a $10 bonus for new users looking to trade on the Oscars Best Supporting Actor race. Sean Penn dominates prediction markets with a 65-70% implied probability to win for his role as Sgt. Maddox in "One Battle After Another," making Sunday, March 15, 2026, a prime opportunity to test your entertainment predictions. Unlike traditional sportsbooks, Kalshi operates as one of the best prediction market apps where you trade on real-world events rather than place traditional bets.
Trade $10, Get $10 With Code COVERS.
Kalshi Promo Code Details for $10 Oscars Bonus
The Kalshi promo code COVERS provides new users with a $10 bonus after completing their first $10 in event contract trades. This prediction market platform requires you to deposit at least $1 and trade $10 worth of contracts to unlock your reward, regardless of whether your predictions prove correct. The offer is available in most U.S. states except Arkansas, Arizona, Connecticut, Illinois, Louisiana, Massachusetts, Maryland, Michigan, Montana, New Jersey, Nevada, and Ohio.
Key terms include providing photo ID verification during registration and being physically located in an eligible state when signing up. For the Best Supporting Actor category, you could trade on Sean Penn's strong 65-70% market position or take a contrarian approach with Stellan Skarsgård at 15-20% odds. If Penn wins as markets predict, your "Yes" contracts would pay out at full value, while a surprise victory by Jacob Elordi or Benicio Del Toro could deliver significant returns on lower-probability trades.
The bonus activates immediately after meeting the trading requirement, giving you additional funds to explore other Oscar categories or upcoming sports events. Compare this offer with other best prediction market promos to maximize your trading potential.
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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 Promo Code Bonus
Follow these steps to claim your $10 bonus and start trading on Oscar predictions:
- Visit Kalshi and click "Sign Up" while entering promo code COVERS during registration
- Complete identity verification by uploading a driver's license or passport photo with a matching selfie
- Make your first deposit of $1 or more using your preferred payment method
- Navigate to the Entertainment section and trade $10 worth of Best Supporting Actor contracts
- Receive your $10 bonus automatically after completing the trading requirement
Your bonus funds become available immediately for additional trades on the March 15 ceremony or other prediction markets. Read our comprehensive Kalshi Sports Review for detailed platform analysis and trading strategies.
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.
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