Kalshi is offering a promotional deal for new users to participate in sports prediction markets using the promo code NYPMAX. According to multiple reports, new users can trade $10 and receive an additional $10 bonus on Kalshi's platform. This offer is available for various sporting events, including March Madness and NBA games.
Key Takeaways
Kalshi is offering new users a $10 bonus when they use the promo code NYPMAX to trade $10 on their platform, which includes markets for March Madness and NBA games.
- Kalshi offers a $10 bonus with the promo code NYPMAX for new users who trade $10
- The promotion is available in most U.S. states except AZ, IL, MA, MD, MI, MT, NJ, and OH
- Duke leads March Madness prediction markets with 21% of trades
- Kalshi also offers markets on NBA games like Spurs vs. Clippers
The promotion is accessible in most U.S. states except Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, New Jersey, and Ohio. As reported by the New York Post, users must be 18 years or older and have a legal residential address within the applicable states to participate.
March Madness is a significant focus for Kalshi's prediction markets. Per the New York Post, Duke currently commands the majority of the market share with 21% of trades predicting them to win the NCAA Tournament. Fellow No. 1 seeds Arizona and Michigan each have 18%, while Florida rounds out the top four with 10%. The next four teams in the market are all No. 2 seeds: Houston (7%), Iowa State (5%), Purdue (5%), and UConn (4%).
In addition to March Madness, Kalshi is also offering markets on NBA games. According to the New York Post, the promotion can be used for events like the Spurs vs. Clippers game. The platform allows users to trade on various outcomes and markets, providing a robust experience for sports enthusiasts.
The promo code NYPMAX is designed to incentivize new users to sign up and engage with Kalshi's prediction markets. Users need to verify their account information and complete at least $10 in trades to qualify for the bonus. This offer is part of Kalshi's efforts to expand its user base and enhance its presence in the modern prediction market space.
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