Kalshi promo code
There is no code to type — Kalshi's new-user credit attaches by itself when you sign up through a referral link.
7 in 10 new accounts
Average across all five tiers
Counts from when you create the account
To get it: open the account through a referral link — typing the address in yourself gets nothing — deposit at least $10, then finish $25 of settled trades, meaning the market ended or you sold.
Not available in Nevada. Kalshi changes these terms, so the offer shown to you at sign-up is the one that counts, not this page.
Parlae earns a commission when you sign up through some books. It never changes our ranking — the best price always wins. How we make money →
Open Kalshi — opens in a new tabWhat the credit is actually worth
The amount is random, and "up to $500" quotes the rarest of the five tiers.
| Credit | How often |
|---|---|
| $15 | 7 in 10 accounts (70%) |
| $35 | About 1 in 4 (24%) |
| $75 | 1 in 20 (5%) |
| $100 | About 1 in 154 (0.65%) |
| $500 | About 1 in 286 (0.35%) |
How it compares to a sportsbook bonus
On average dollars, a well-structured sportsbook welcome offer usually beats this one.
What you get
Kalshi
Random cash credit, $15–$500
Typical sportsbook
Fixed offer like "bet $5, get $150 in bonus bets"
Cash or bonus?
Kalshi
Credit you can trade on any market
Typical sportsbook
Bonus bets — win and you keep the profit, but not the stake back
Realistic value
Kalshi
About $25 on average; $15 most of the time
Typical sportsbook
Usually 60–80% of the advertised number
To unlock it
Kalshi
$10 deposit + $25 in settled trades within 7 days
Typical sportsbook
Settle a first bet; some offers make you re-bet the bonus several times first
Where it's unavailable
Kalshi
Nevada only
Typical sportsbook
Any state without legal online sports betting
What is Kalshi?
A US-regulated market where you buy YES or NO on an event at a price in cents; the contract pays $1 if you're right and $0 if you're not. You trade against other people, not against a sportsbook's posted line. How Kalshi works, with examples.
Common questions
Why do other sites list a Kalshi promo code?
Because it reads well in a headline. Kalshi has no field to type a code into — the offer attaches to your account when you open it through a referral link, so any site handing you a code to enter has made it up.
Can I claim it twice?
No. The credit attaches once, to a verified identity, on a new account. You cannot stack a second referral link, and closing and reopening an account does not re-trigger it.
Is Kalshi available in my state?
Kalshi is a CFTC-regulated federal exchange and is available in every US state except Nevada, where it is excluded. Because it is federally regulated rather than state-licensed, it does not depend on your state having legal sports betting.
The version that isn't in our interest: a credit this size is not a reason to start trading. If you were already going to trade prediction markets, take it on the way in. If you weren't, use the tools here and skip the sign-up.