Kalshi, a prediction market platform, is offering new users a promotion where they can receive up to $500 in bonuses. To qualify, new users must sign up with the promo code NYPMAX, verify their account, and complete at least $25 in trades.
This offer is specifically geared towards sports fans who wish to engage with markets related to various sports, including MLB postseason games. According to the New York Post, the platform allows users to trade contracts with peers on sports events.
Kalshi offers markets on a range of sports, such as golf, WNBA, MLB, international soccer, and the NFL. For MLB postseason markets, traders on Kalshi are currently favoring the New York Yankees to win the American League, assigning them a 27% chance to reach the World Series. The Tampa Bay Rays are given a 22% chance, and the Boston Red Sox trail at 16%.
The promotion is available to new users in specific 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 D.C., West Virginia, Wisconsin, and Wyoming. It is not available in Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, Ohio, and Washington.
Kalshi operates under certain terms and conditions, and users must be 18 years or older. Event contract trading involves significant risk, and the platform advises users to carefully consider their personal financial circumstances. More information on eligibility and risks can be found on Kalshi's website.