The Kalshi promo code COVERS unlocks a $10 bonus for new users looking to trade on the 2026 Oscars prediction markets. With the 98th Academy Awards set for Sunday, March 15, 2026, prediction markets have become the go-to platform for forecasting winners across all 24 categories. Kalshi stands among the best prediction market apps for entertainment trading, offering contracts on everything from Best Picture to technical awards.
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 trades on any prediction market. Unlike traditional sportsbook offers, this bonus requires active trading rather than just depositing funds. The promotion is available in most U.S. states, excluding AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH.
To activate the bonus, users must register using code COVERS, verify their identity with a photo ID, deposit at least $1, and trade $10 worth of event contracts. For example, if you trade $10 on Michael B. Jordan winning Best Actor at 75 cents per share, you'll receive your $10 bonus regardless of whether Jordan wins or loses. The same applies to trading on Best Picture frontrunner "One Battle After Another" or any other Oscar category.
Key terms
- Must be physically located in an eligible state during registration
- Photo ID verification required with accompanying selfie
- Minimum $1 deposit to fund account
- $10 in trading volume is needed to unlock the bonus
- Bonus awarded regardless of trading outcomes
The platform's Oscar markets currently show strong consensus around several categories, making it an ideal time to explore best prediction market promos for entertainment trading.
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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 Offer
Claiming the Kalshi bonus for Oscar predictions involves a straightforward registration and trading process:
- Visit Kalshi and click "Sign Up" while entering promo code COVERS during registration
- Complete identity verification by uploading a photo ID and taking a verification selfie
- Make your first deposit of at least $1 using your preferred payment method
- Navigate to entertainment markets and select Oscar categories like Best Picture or Best Actor
- Trade at least $10 total across any prediction contracts to trigger your bonus
- Receive your $10 bonus credit automatically after completing the trading requirement
The platform offers contracts on all major Oscar categories, from acting awards to technical achievements, giving traders numerous options to meet the $10 trading threshold. For complete platform details and market analysis, check out our comprehensive Kalshi Sports Review.
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