Kalshi is an dynamic new event trading platform that gives its users the ability to purchase "contracts" predicting the occurrence or non-occurrence of real-world events in politics, weather, sports, health, science and more. The Kalshi bonus code ROTOWIRE provides all new players with $10 in site credit once they have traded 100 contracts.
Each contract has a potential value of $1 and costs from 1 cent to 99 cents based on the probability of an event occurring (e.g., 1 cent - 1%; 45 cents - 45%; 99 cents - 99%). So, in, essence you would need to buy $100 in potential contracts and your outlay in total could be as little as $1, depending on the markets and which side you take.
Our review and guide will dive into this new world of financial trading and explain what it all means, look at the different markets that players can trade options on and analyze the Kashi promo code ROTOWIRE so you can better capitalize on the Kalshi sign-up bonus.
The Kalshi promo code ROTOWIRE provides users with $10 in site credit after they've traded 100 contracts. You will have 90 days to do this. That doesn't mean players need to make a huge deposit but rather complete trades of 100 contracts or more with whatever funds they have deposited. The Kalshi promo is smaller than what players may find at sportsbooks or online casinos, but it's a solid offer for a platform that is still in its relevant infancy and one that works for all types of players.
Because many of the markets are moment-in-time events that close by the end of the day, it's easy for users to play through the requirements and ultimately earn their $10 bonus. There is no Kalshi deposit bonus and there is no minimum amount required to unlock the welcome bonus, but players will want to make sure they complete all requirements within 90 days.
The Kalshi sign-up bonus code is legal in all U.S. states and operates as a financial trading platform, different from sports betting apps that provide odds on sporting events. It's a highly interactive platform, with players able to comment on the markets they're interested in and chat with other users. Players can also suggest new markets to Kalshi as it expands into new categories.
Kalshi Promo Code Terms & Conditions
Kalshi makes its platform straightforward so that its users can spend more time trading and less time reading through the fine print. Here's a quick list of the key terms and conditions that players should know:
Must be 18 years old and a U.S. citizen to claim
There is no minimum deposit amount, but you must trade 100 contracts to earn the $10 in site credit
Unlocking the Kalshi promo code ROTOWIRE is similar to how bettors at online sportsbooks earn sportsbook promos. It's a simple process to create a new account using the appropriate promo code and link and begin purchasing your contracts and options. Here's what to do:
Click on any of the buttons next to the offers in this article to begin the registration process at Kalshi
Create your new account and verify that you are at least 18 years old to play
Enter the Kalshi promo code ROTOWIRE to unlock your welcome bonus offer
Make a first deposit of any amount
Trade 100 total contracts within 90 days to unlock $10 in site credit, which can then be used in any market
Kalshi is an event trading platform where users buy and sell contracts on yes-or-no questions about real-world events such as elections, inflation rates or weather patterns - such as the low temperature in Denver. Kalshi is regulated by the Commodity Futures Trading Commission (CFTC) and is legal in all 50 U.S. states. It differs from a traditional online sportsbook, which focuses on betting on sports outcomes. Kalshi operates like a financial exchange, allowing users to make trades based on predictions in various categories.
How Kalshi Works
Kalshi allows users to buy and sell yes-or-no contracts on real-world events, such as economic trends, politics, weather and pop culture. Each contract is priced between $0.01 and $0.99, reflecting the probability of the event happening, with those prices shifting based on market trends. Traders can enter or exit positions before the event concludes. If the prediction is correct, the contract settles at $1. If it's incorrect, the contract settles at $0.
Kalshi Contracts Explained
Kalshi offers contracts on each market that allow its users to trade on the yes-or-not outcome of an event. Each contract has a price between $0.01 and $0.99 based on the likelihood of it being the actual result. Once a result is finalized, the market pays out $1 to users who have traded each contract on it. All markets are listed as percentages rather than traditional American odds that players would see with NBA betting promos, but it's something users will pick up on quickly.
Is Kalshi Legit?
Yes, Kalshi is a legitimate financial trading platform that is legal in all U.S. states. It may feel odd to be able to predict and earn cash profit on unemployment numbers or which country President Donald Trump will visit, but those are examples of contracts on offer once you claim the Kalshi deposit bonus.
You can even trade contracts on sports futures like you would find at NBA betting sites. It is fully regulated by The Commodity Futures Trading Commission, so players know they are getting fair options. However, it is still different than NBA odds at betting sites, which are regulated by state gaming commissions.
Can You Bet Sports on Kalshi?
No, you can't bet on sports at Kalshi as it is not a sports betting platform. You trade contracts on sporting events. They act similarly to NFL odds and match up closely to what bettors might find at NFL betting sites, but it's distinctly different in that these are not sports bets with traditional American odds. You are merely picking which side of a yes or no question you think will be right.
The Kalshi app is available for both Apple and Android users and has all the same features as the desktop website. It allows players to take their contracts with them on the go while being able to check out the ever-changing markets in real-time no matter where you are.
Players may even find themselves using the app even when they have desktop access because of its smooth response time, easy navigation and great interface. It's easy to make trades and check the status of them, and players can seamlessly add funds to their accounts or withdraw funds from correct predictions. The short is that Kalshi's mobile betting app feels a lot like those from sports betting sites.
Kalshi iOS App Rating & Review
Kalshi has an impressive 4.6 rating in the Apple App Store and more than 6,000 ratings and reviews. Players say they love how easy the app is to use and has a sleek and intuitive interface, making it simple to find what you're looking for and to trade contracts in a number of different markets.
Kalshi Android App Rating & Review
Android users will be able to download the Kalshi app in the Google Play Store. It has a solid 4.0 rating with more than 100,000 downloads, with most reviews mentioning that it's easy to make trades within the app and that navigation is simple. Players also love the unique aspect of everything Kalshi stands for, being able to predict real-world events that you can't do anywhere else.
Kalshi is relatively new and one of a kind. It's something that players will need to experience for themselves, but here's a quick list of the top pros and cons that they'll find.
Pros
✅ One-of-a-kind with unique markets that players can trade contracts on that they won't find anywhere else
✅ Quick payouts once markets are closed
✅ Easy navigation and interface makes it simple for players to find markets and contracts they're interested in most
Cons
❌ All markets are in percentages, different from more traditional odds that most people are used to seeing
❌ Markets are extremely volatile because of the abundance of real-world factors that can shift percentages
❌ More fees attached to deposits and withdrawals than on betting sites
If there's something happening in the world, Kalshi likely offers a market for players to trade contracts on its potential outcome. The list is ever-growing and wide-ranging, from something as significant as the Presidential Election all the way down to whether it will snow in New York City on a Tuesday.
Players can also suggest specific markets to Kalshi, adding a nice interactive touch to the platform and overall experience. Each market also has distinct rules and clarity on how the outcome is settled. With that in mind, here are some of the bigger events that players will have access to once they register and get started.
NFL
There are fewer options than what bettors might find with NFL betting promos, but the biggest trading markets are available to be traded at Kalshi, such as which team would win the Super Bowl.
Presidential Election
Players were able to trade positions on the 2024 U.S. Presidential Election, and markets have expanded into decision-making by Congress, international elections, voting and more. Politics are some of the most popular options at Kalshi as those are legal betting markets in other countries (including Canada), and players can actually already purchase options on the winner of the 2028 U.S. Presidential Election.
Weather Events
Players can trade contracts on the temperature of major U.S. cities, including New York City, Chicago, Denver, Austin and more. They can also trade contracts on weather events like the inches of snow in a city over a month. The final result comes via the National Weather Service's Daily Climate Report, so there is no uncertainty over the outcome.
Pop Culture
With so much drama and headlines in the pop culture space, Kalshi offers options on occurrences from the biggest celebrities. Examples include the song on the Billboard Top 100 at the end of a month, the most-streamed song on Spotify, winners at the Academy Awards and Rotten Tomatoes scores on new movies.
Cryptocurrency
Cryptocurrency is an increasingly popular digital currency that is extremely volatile, with its value changing daily. Users can trade contracts on the closing value of different cryptocurrencies like Bitcoin, Ethereum, Dogecoin and others. Users can also trade options on real-world events surrounding Cryptocurrency such as legalization in other countries and market caps by the end of the year.
Tech & Science
It's impossible to look anywhere without seeing or reading about AI. Similarly, the healthcare and science industry is booming with weight-loss drugs and space travel. Users at Kalshi can trade options on the advancement of these technologies and science markets.
More Events Available on Kalshi App
Users will also have the chance to trade options on real-world events and a lot more. And as always, users can suggest their own ideas that they'd like to see markets on and Kalshi could offer it in the future.
Beyond the Kalshi bonus, users will have opportunities to take advantage of a handful of great promotions, bonuses and perks. Because Kalshi is relatively new, these features are constantly changing and evolving, but here's a look at the top Kalshi promotions available for players to take advantage of today.
Refer-A-Friend
Kalshi has a referral program that earns players $10 in site credit when they share a unique link and their friends register for an account. Once your friend meets trading requirements, the $10 will hit your account. There is no limit to the number of friends you can refer to Kalshi.
Ideas
Kalshi is flexible and wants to hear from its players. You can suggest ideas that may ultimately become markets if Kalshi can create percentages and there's enough expected interest from players.
Leaderboard
Users can see how they're stacking up against others with a leaderboard, which shows users who have earned the most profit over the last 24 hours, week, month and all-time. It's a fun feature that may not have any substantial value but adds a nice social element to Kalshi.
Getting started with Kalshi requires users to register for an account to play. Here are the quick steps to get you up and running and purchasing your options in no time.
Click on any of the links in this review to begin the registration process for a new Kalshi account
Make sure the Kalshi promo code ROTOWIRE appears to unlock your welcome bonus account
Create your account by entering in your name, email, address and phone number
Verify that you are at least 18 years old by entering in the last four digits of your Social Security number
Make a qualifying first deposit to fund your new account
Kalshi Deposits and Payouts
Playing at Kalshi requires players to purchase contracts and make trades using real money. That means players will need to make deposits with one of a number of banking options and also set up a banking method to receive payouts. Many of the options are similar to what sports bettors find at NBA betting sites, meaning there are popular methods to choose from. Here's what players will have at their disposal.
Because Kalshi will be a little different than what many folks are accustomed to, it's important that it has elite customer service. Players naturally will have questions about how everything works, how markets are priced and payouts on correct predictions. Kalshi is still relatively new, so we expect their methods of outreach for customer support expand as it grows.
Email: Players can email support@kalshi.com with any questions they need answered. Most players will get a response within a business day or two, and we've had good experience with a respectful staff that knows all the details of its operations.
Discord: While technically not a customer support method, players can chat with other players on the official Kalshi Discord server, both to ask questions and to discuss markets.
FAQ: Answers to less pressing questions that don't require immediate assistance
Kalshi is incredibly unique in the market but is fully legitimate and regulated. Kalshi offers contracts for its users to purchase on a number of different markets, from politics and sports to tech, weather and pop culture. Its vast array of markets means there's something for everyone, from markets that will end by midnight that day, all the way to the 2028 Presidential Election and beyond. Prospective players can gain an edge by signing up with the Kalshi promo code ROTOWIRE to begin purchasing contracts toward earning your $10 in site credit.
The Kalshi sign-up bonus code is ROTOWIRE and it earns new customers $10 in credit once they have traded 100 contracts. You can sign up for the Kalshi promo code offer by tapping the buttons you see in this review.
Is Kalshi legit?
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Yes, players at Kalshi trade contracts on a certain market that they believe in the outcome of, such as the Presidential Election or the future price of Bitcoin. If the contracts you purchase actually occur, you'll earn money equal to $1 per contract. There are certain fees attached to withdrawals, but bettors absolutely can earn money on Kalshi.
How to get Kalshi bonus?
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Players can earn the Kalshi bonus by using the Kalshi promo code ROTOWIRE during registration. Doing so unlocks $10 in site credit after players trade 100 contracts, which can be purchased for anywhere from 1 cent to 99 cents. The Kalshi sign-up bonus is straightforward and easy to complete for all new players.
How do Kalshi contracts work?
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Players may purchase contracts predicting the outcome of any number of real-world events. The cost is predicated on the likelihood of the event occurring, and the percentages often shift in real-time. Users who purchase an 88 cents contract would earn the additional 12 cents if the outcome occurs. If you bought an event at 20 cents and cashed in, it would be an 80-cent per contract profit.
Does Kalshi have a mobile app?
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Yes, Kalshi offers a mobile betting app for both Apple and Android devices. Players can download the mobile betting app for free on any device and make all the same trades and predictions that they can on the desktop website, which is important considering how quickly markets shift.
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Mark Strotman is a veteran sports journalist who has covered the Chicago Bulls and the NBA for NBC Sports Chicago for about 8 years. His work has also appeared on ESPN.com, FoxSports.com, The Chicago Tribune, Yahoo Sports and NBC Sports. He covered the NBA Playoffs in 2013, 2014, 2015 and 2017 as well as Team USA Basketball in 2014 and 2016. He has also covered high school football and was nominated for a Midwest Emmy in 2016 for his work on a documentary featuring local Chicago product and NFL prospect Miles Boykin.