The prediction market Kalshi is offering a promotion for new users related to the upcoming Diamondbacks vs. Cardinals baseball game. Those who sign up using the promo code NYPMAX and complete at least $25 in trades can receive up to $500.
Kalshi allows users to trade contracts based on the outcomes of future events, with prices reflecting the market's implied probability of those events occurring. For example, a contract trading at $0.35 suggests a 35% chance of that outcome.
This promotion is available in multiple states and territories, including Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Mexico, New York, New Jersey, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington D.C., West Virginia, Wisconsin, and Wyoming. However, it is not available in Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, and Ohio. Participants must be 18 years or older and have a legal U.S. residential address within an applicable state, D.C., or U.S. territory.
The upcoming game features the Arizona Diamondbacks against the St. Louis Cardinals. Both teams are competing for a spot in the National League wild card picture. The game is a makeup game scheduled to be played in St. Louis. The Diamondbacks, priced as -110 underdogs, recently took a series against the Cardinals. Brandon Pfaadt is scheduled to pitch for Arizona, holding a 4-1 record with a 4.58 ERA. He has allowed five earned runs across his last four starts. St. Louis will counter with Michael McGreevy, who has a 2-7 record and a 2.92 ERA. McGreevy has recorded seven quality starts in his last eight outings, including allowing just one earned run over 6 1/3 innings in his last start against the Diamondbacks.