Kalshi launches $500 bonus promo codes for US sports traders

Kalshi has introduced new referral codes—ALCOM and SYRACUSE—that grant eligible first‑time users up to $500 in bonus credit for trading on its sports prediction markets. To qualify, users must verify their account, deposit funds and place at least $25 in trades within 30 days. The bonus amount is assigned randomly in increments of $15, $35, $75, $100 or $500, with distribution probabilities of roughly 70% for $15, 24% for $35, 5% for $75, 0.65% for $100 and 0.35% for $500. Credit must be used in a trade within seven days or it is forfeited, after which any winnings become withdrawable cash. The promotion is available in eligible U.S. states and is marketed toward events such as SEC football championship futures and Major League Baseball games, including the Yankees‑Cubs and Mets‑Marlins matchups.