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Kalshi promo code June 2026: how to claim the $10 bonus

Chris Jonat
Chris Jonat
Updated

Kalshi is one of the few regulated prediction markets in the US, letting users trade yes-or-no outcomes on real-world events. New users can use promo code CORG to claim a $10 sign-up bonus after a $1 deposit and $100 in trades.

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Kalshi promo code at a glance

💰 Welcome offer$10 sign-up bonus
🎟️ Promo codeCORG
🧾 How to qualifyDeposit $1+ and complete $100 in trades
💲 Minimum deposit$1+ 
⭐ Eligible marketsKalshi event contracts (availability can vary by location)
🎂 Legal age18+
🌎 AvailabilityMost US states except AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH
✅ Promo last verifiedJune 11th 2026

My take on Kalshi’s sign-up bonus

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Chris Jonat, Content Manager

“Kalshi’s CORG offer is an excellent sign-up bonus that helps place it among the best prediction markets. The $1 minimum deposit keeps the upfront cost low, and the $100 trading requirement is manageable if you stick to liquid markets and avoid overcomplicating the process.”

Pros

  • Trusted and legal: Kalshi is a CFTC-designated contract market (DCM), and is legal in the US.
  • Flexible funding: Debit cards, bank transfers, crypto, and wire transfers are all available.
  • Works on web + iOS + Android: Available on desktop and mobile, including iOS and Android apps.

Cons

  • Some states excluded: While Kalshi is available in many states, AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH are excluded.

How to sign up and get the Kalshi bonus code

If you’re new to Kalshi, you can qualify for a $10 sign-up bonus by making a minimum deposit of $1 and completing $100 in trades. To access the offer through our site, enter our exclusive Kalshi promo code CORG (also known as a Kalshi referral code) at sign-up, or use our link to have the code applied automatically.Here's a quick step-by-step guide on how to claim the Kalshi welcome bonus:
1Sign up with the promo attached
Kalshi registration step 1 /us/predictions/bonus/kalshi/

Create a Kalshi account using our link or enter CORG during registration. The code needs to be applied at sign-up for the offer to track.

2Fund your account and complete verification
Kalshi registration step 2 /us/predictions/bonus/kalsih

Make a small initial deposit (as little as $1), confirm that Kalshi is available where you live, and complete any required identity checks so you can trade without restrictions.

3Trade $100 to unlock the bonus
Kalshi registration step 3 /us/predictions/bonus/kalshi/

Place trades totaling at least $100 in eligible event contracts. Once you meet the trading requirement, the $10 bonus is credited according to the offer terms.

Expert tip:

"If your goal is to clear the promo efficiently, start with liquid markets and spread your trades out instead of forcing one large position. You will reach the $100 volume requirement while keeping better control over pricing and risk."

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Chris Jonat
Content Manager

Kalshi promo code for existing customers

It's important to understand that our Kalshi promo code and the Kalshi referral code are not the same thing. The promo code comes from an exclusive deal we have with Kalshi. The referral code is something offered by Kalshi to all of its users.
Kalshi promo codeKalshi referral code
Bonus amount$10 $25
Code requiredCORGUnique to each user
Where to find codeLinks above'Account' section of your Kalshi profile
When to enterDuring registrationProvide to a friend during registration
Requirements to claimEnter code, deposit, and trade $10Friend enters code, deposits funds, and completes trading requirements outlined in their 'Rewards' section
How many times can you claim?140
Offer's total value$10$1,000
Bonus expiresOngoing30 days

Kalshi promo code terms and conditions

Kalshi’s promo code CORG is easy enough to use once you understand the qualification steps. This is a deposit-and-trade offer, not a bonus you unlock just by opening an account. Here are the main terms and conditions to know before you sign up:
  • The offer is for new users.
  • You must be 18+ to use Kalshi.
  • A minimum $1 deposit is required.
  • You need to complete $100 in trades to qualify.
  • Eligibility depends on state availability.
  • At the time of our latest review, Kalshi was unavailable in AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH.
Polymarket, Crypto.com, and other high-end prediction markets have similar terms and conditions. As with any exchange-style platform, it is worth checking Kalshi’s latest state availability, market rules, and account terms before you deposit. The bonus itself is straightforward, but the details around trading, eligibility, and access still matter.

What is Kalshi?

Kalshi is a regulated trading platform where users can buy and sell contracts tied to the outcomes of real-world events. These contracts are built around simple yes/no questions, and their prices shift in real time as traders collectively weigh the likelihood of each outcome. When an event concludes, winning contracts pay out at a set value while losing ones expire worthless.Unlike traditional sportsbooks or bookmakers, Kalshi operates as an open exchange, meaning trades happen between users, not against the house. Prices are driven by market activity rather than built-in margins, and participants can enter or exit positions at any point before an event resolves. Settlement happens independently of the platform itself, giving it the feel of a financial exchange rather than a betting app.On the regulatory side, Kalshi is overseen by the CFTC as a Designated Contract Market. Its contracts are classified as financial instruments rather than gambling products, and all trading is conducted in US dollars, no cryptocurrency required. Available markets span a wide range of topics, including sports, politics, economics, pop culture, and technology.

Is Kalshi legit, and how does it work?

Yes, Kalshi is a legit prediction market trading platform regulated by the CFTC. This gives it a different legal framework from traditional sportsbooks. Every contract clearly explains how it's settled and when it pays out.

Where is Kalshi legal?

Kalshi operates in most of the US, but not every state. Users in AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH cannot use the platform. State regulators can also change access rules as they continue to challenge certain sports-related event contracts, so check the latest rules before you sign up or deposit.

How do event contracts work?

Most Kalshi contracts trade between $0 and $1, and the price reflects the market’s view of the likelihood of that outcome. For example, if a 'Yes' contract is trading at $0.60, the market is roughly pricing the event as having a 60% chance of occurring. If you predict the outcome correctly, every contract you buy for 60 cents will return $1.00, for a profit of 40 cents. Prices can move quickly, since they are driven by supply and demand rather than fixed odds.
How contracts settle

When a market resolves, contracts settle based on the rules and timeline published for that specific event. Kalshi encourages users to review the 'Timeline and Payout' section on each market page so they understand when trading will close and when settlement is expected.

What's the difference between event contracts and traditional sports bets?

With traditional sports bets, the sportsbook sets the odds and you place your bet. You are betting directly against the sportsbook. But at Kalshi, you are not betting against the platform.Instead, you are trading against other Kalshi traders. Prices move up and down with the orders placed by buyers and sellers. If there is enough liquidity, you can also exit a position before settlement by selling your contracts through the platform, though the price you receive will depend on what other traders are willing to pay at that time.Another difference is that while both sportsbooks and prediction markets will have tons of sports betting options, prediction markets like Kalshi will also have contracts around politics, economics, pop culture, and other fields.

Traditional sportsbooks

  • Fixed odds set by the sportsbook
  • Odds contain built-in profit margins (vig)
  • Can't exit positions early (some exceptions in parlays)

Kalshi and other prediction markets

  • Prices evolve live based on active trading and aren't set by the platform
  • Contract odds operate like the stock market
  • You can exit positions early
Expert tip:

"Kalshi is federally regulated in the United States by the CFTC as a designated contract market. The CFTC provides oversight, ensuring fair, transparent, and safe trading for all users. However, I recommend keeping up to date with local state laws because legality can change quickly, with some states challenging Kalshi's sports-related offerings with potential clashes with state sports betting laws."

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Chris Jonat
Content Manager

Apps like Kalshi: top prediction market alternatives in the US

While Kalshi has a good sign-up bonus, it is not the only prediction market available in the US. Here is a look at a few top options:
PlatformPromo codeWelcome offerMin depositAvailability snapshot
KalshiCORG$10 bonus $1+Most states except AR, AZ, CT, IL, LA, MA, MD, MI, MT, NJ, NV, and OH 
Crypto.comNo promo code neededUp to $50 bonus$10Most states + DC; not promoted in select states
PolymarketCORG$50 trading bonus$20Available in all US states, with market restrictions in some states
NovigCORG10% off up to $100$5Most US states + DC; not available in AL, AZ, CA, CO, CT, ID, LA, MI, MT, NJ, NV, NY, TN, WA
If you want a more in-depth comparison of welcome offers, terms, and excluded states across platforms, visit our prediction market bonus codes page.
Reminder:Always confirm state eligibility and review the full promo terms shown at sign-up before depositing.
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Kalshi fees, limits & liquidity

Kalshi is an exchange, so fees, spreads, and liquidity can affect your return.

Trading fees

Kalshi publishes a fee schedule. Trading fees apply when an order is successfully filled, and the fee is calculated per contract using a formula based on contract price and contract count. Some markets may also have maker fees. The key takeaway for most beginners is straightforward: fees exist, and they can add up on frequent trading. If you want a breakdown of the exact fee on your contract, check out Kalshi's published fee schedule.

Liquidity notes

Liquidity is not uniform. Major headline markets tend to be easier to trade than niche events. Kalshi’s member agreement states that trading in a particular event contract may cease due to a lack of bids or offers, which means you might not be able to exit at the price you want, or at all, if you change your mind on your prediction.Funding and withdrawals can be slowed by security holds that depend on how you deposited and where you are trying to withdraw. Always read Kalshi’s risk disclosures, market rules, and transfer terms before you trade or rely on a bonus.
Expert tip:

"In practice, thinner markets can also have wider spreads and more slippage. You’ll see this in the order book: fewer bids/offers and bigger gaps between prices. If you care about controlling your entry (or exit) price, consider using limit orders instead of relying on a market order."

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Chris Jonat
Content Manager

Markets you can trade on Kalshi

Kalshi has market versatility on par with Polymarket, one of its top competitors, and lists event-based markets across a wide range of categories. What you see can change over time, and availability can vary by state and by market type.

  • 🏀 Sports markets

    These contracts track outcomes like game results or player stats. Sports markets are facing scrutiny, with several states arguing that these contracts look like unlicensed sports wagering, but they are available in most states.

  • 🗳️ Politics and elections

    Political markets cover everything from federal races to local contests. Examples include contracts on NYC mayoral outcomes and the 2026 California governor race.

  • 📈 Economics and macro data

    These markets focus on scheduled releases and macro indicators such as inflation, unemployment, GDP, and interest rates.

  • 🎭 Culture and entertainment

    Cultural markets include outcomes tied to things like Grammy winners, movie releases, and game launches.

  • 🤖 Apps, tech and streaming

    Kalshi highlights “top app” markets where traders predict things like “Top US iPhone app tomorrow” based on Apple’s Top App charts. There are also themed markets around Spotify charts.

  • 🌡️ Weather, climate and environment

    Weather-style contracts are available, with examples like “Will the high in [city] be above [X] degrees on [date]?” or weather markets tied to highest temperatures and climate metrics.

  • 🪙 Crypto, companies and financials

    These markets sit closer to traditional finance. They can cover crypto benchmarks, company performance, or where key financial indexes close on a given date.

  • 🔬 Science, tech and world events

    Kalshi also has scientific and technological prediction markets,. These contracts depend on research milestones, policy decisions, or global headlines.

Each market category has a variety of different contracts available for trade. Yes/no contracts are most common, but there are also scalar and multi-outcome contracts.

Kalshi Combos

Users experienced with sports betting will be familiar with parlays. They allow users to combine multiple bets into a single bet, with increased payouts if all parts of the parlay hit. Kalshi has a similar system on its platform called Kalshi Combos. Using the combo builder feature, users can merge multiple trades into a single trade. Kalshi then issues a Request For Quote to the market, asking if another user is willing to take the other side of the trade and at what price. Payouts are determined by how each leg of the combo resolves. Combos allow users to combine trades in different market categories or multiple trades within the same category.

What we think of the Kalshi app

Kalshi works on web, iOS, and Android, and the experience is nearly identical across devices, which makes it easy to move from a laptop to mobile without feeling lost. If you’re comparing prediction market apps in the US, Kalshi stands out for its clean layout and straightforward flow for browsing markets, checking yes-or-no prices, and reviewing rules and timelines before placing a trade. The experience stays consistent across desktop and mobile, so it’s easy to check positions, review settlements, and move between categories.Kalshi has a mobile app for both iOS and Android.

iOS app

The iOS app is available to all US users on the App Store. It has nearly universally positive reviews, with a 4.7/5 star rating with 126k+ reviews. The main navigation uses tabs like Trending, Politics, Sports, Culture, Crypto, and Economics, so you’re mostly scrolling through tiles of questions instead of digging through menus or forms. In regular use, the flow feels closer to a light trading app than a sportsbook.

Android app

There aren't any notable differences between the iOS and Android apps, and as a result, the Android version also has excellent reviews. It has a 4.7/5 star rating from 25.5k+ reviews. It allows users to make all the same trades they can make on desktop and iOS. That consistency is important for users who might frequently switch between desktop and mobile.
Portfolio view

The portfolio view is straightforward: open positions are listed with current prices and P&L, and settled markets are easy to spot, which helps you see what actually happened to earlier trades instead of guessing from memory. Notifications are present but not overwhelming, mostly focusing on fills and settlements rather than constant prompts to trade more.

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Kalshi payment methods

Kalshi is an exchange, so your funding method affects more than just convenience. The right deposit rail can make it easier to qualify for the promo, and it can also determine how quickly you can withdraw later if you’re done trading.

Deposit options for Kalshi

Here are the main ways users can fund a Kalshi account. Availability, limits, and hold times can vary by location and account.

How Kalshi withdrawal works

Withdrawals are where the fine print matters. Kalshi notes that bank withdrawals can take a few business days and are generally the cleanest route when you want funds back in your checking account. Debit withdrawals may be faster, but they can come with fees and daily limits.The main thing to plan around is hold time. Some deposit rails can let you trade quickly while still restricting withdrawals until the original deposit fully clears. If your goal is to complete the $100 trading requirement and then withdraw soon after, your deposit method can determine whether that timeline is realistic.

Strategies for profitable trading on Kalshi

Consistent profits on Kalshi come from doing better research and thinking more clearly than the people you're trading against. These principles are a good starting point.
  • Find pricing gaps: Prices reflect collective opinion, but collective opinion isn't always accurate. When your well-researched view differs meaningfully from the current market price, that's your opportunity. Newer markets and thinly traded events tend to offer the most room here.
  • Go deep on fewer topics: You're up against a large pool of traders with varying levels of expertise. Trying to trade everything dilutes your edge. Focusing on areas where you have genuine knowledge, an industry, a sport, or a political landscape, gives you a real advantage over generalist traders.
  • Be honest about what you actually know: Overconfidence quietly drains accounts. Before entering a position, pressure-test your reasoning. Logging your predictions and outcomes over time is one of the most effective ways to catch blind spots in your thinking.
  • Move before the crowd does: When relevant news breaks, markets tend to adjust quickly. Traders who are already paying close attention to an event can often get better prices by acting before the broader market catches up.
  • Keep your emotions out of it: It's easy to let personal preferences color your judgment, especially in politics or sports. If you find yourself wanting an outcome rather than assessing one, that's a signal to step back. Every position should be evaluated as a probability, not a prediction you're rooting for.
Strategies don't guarantee success

"While these strategies are good starting points, they don't guarantee success. There is always a risk you could lose when you trade on prediction market platforms. So, only use money you're prepared to lose."

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Chris Jonat
Content Manager

Kalshi customer support

Kalshi’s customer support feels more functional than polished, which is pretty normal for a platform built around trading rather than sportsbook-style customer service. The good news is that most of the common friction points, like verification delays, funding holds, settlement timing, or bonus tracking, are usually easy to narrow down once you know where the issue started.If I needed help with something tied to my account, I would start with Kalshi’s in-account chat first. That feels like the most useful support route for regular users, while the Help Center does a decent job covering the basics if you just need a quick answer before opening a ticket.Support channels:
  • 💬 In-account chat messenger for account, promo, and transfer issues
  • 📚 Kalshi Help Center for deposits, withdrawals, rules, and setup questions
  • 🚨 support@kalshi.com for suspicious activity or unauthorized access
  • 💭 Official Kalshi Discord for general product and API discussion
  • 🏦 Plaid or Aeropay support for bank-linking issues

Responsible gaming

Event contracts are speculative. Only trade with money you can afford to lose. If you’re using Kalshi primarily for sports-style markets, it helps to set a budget before you deposit, avoid chasing losses, and take a break if you notice yourself trading emotionally instead of following the market rules and timelines. If you feel you’re losing control, consider reaching out to a professional support resource like the National Council on Problem Gambling (1-800-GAMBLER).Kalshi also has several features to help users trade responsibly.
  • Default face ID and KYC controls: Kalshi is improving its safeguards by making face ID active by default in its app. It is also continuing to use KYC controls to block underage users. These features are intended to reduce account misuse.
  • Inner circle accountability tool: This is a feature that allows users to share trading activity with trusted people. This is meant to add outside visibility and support for users.
  • Personalized deposit limits: Kalshi will recommend deposit limits based on user activity. The user can then set a deposit limit for themselves.

Latest Kalshi news

Prediction markets change fast, and Kalshi still sits in a category where regulation, market access, and product scope can shift quickly. Our experts track the most relevant Kalshi headlines below, with a focus on updates that can affect access, trading, and the Kalshi referral code CORG welcome offer. Bookmark this page and check back for the latest developments.

Apr 30, 2026

Senate ethics
Senate bans members and staff from trading on prediction markets
  • The Senate voted to bar senators and staff from using prediction markets, putting new ethics pressure on platforms like Kalshi as Washington scrutiny around insider information and event trading keeps growing.

Apr 28, 2026

Institutional trading
Kalshi completes first block trade with Jump Trading liquidity
  • Kalshi said it completed its first bespoke block trade, with Jump Trading providing liquidity. The deal points to deeper institutional interest as Kalshi expands beyond retail-style event trading.

Apr 27, 2026

State enforcement
Kalshi fails to halt Ohio enforcement while appeal moves ahead
  • Kalshi failed to stop Ohio from enforcing state sports-gambling laws while its appeal continues, though the Sixth Circuit agreed to fast-track the case in another sign of the widening state-by-state fight.

Apr 22, 2026

Market integrity
Kalshi fines and suspends three candidates for betting on their own races
  • Kalshi fined and suspended three congressional candidates for betting on their own elections, underscoring the platform’s push to tighten market-integrity rules as insider-trading concerns draw more political heat.

Apr 15, 2026

Product expansion
Kalshi launches Commodities Hub and broadens market access
  • Kalshi launched a new Commodities Hub and broadened its markets across energy, metals and agriculture, giving traders more ways to express macro views through binary contracts on physical markets.

Apr 10, 2026

State litigation
Judge pauses Arizona criminal case against Kalshi
  • A federal judge paused Arizona’s criminal case against Kalshi and temporarily blocked the state from enforcing its gambling laws, handing the company a key win in its fight over federal versus state oversight.

Apr 6, 2026

Appeals ruling
Federal appeals court backs Kalshi in New Jersey fight
  • A federal appeals court said Kalshi is likely to win its argument that federal law preempts New Jersey’s gaming rules, marking the first circuit-level ruling in the broader event-contracts battle.

Apr 3, 2026

Federal enforcement
CFTC sues three states over prediction-market crackdowns
  • The CFTC sued Arizona, Connecticut and Illinois over their crackdown on prediction markets, arguing federal law gives the agency exclusive authority over platforms such as Kalshi and Polymarket.

Mar 29, 2026

Insider-trading scrutiny
Well-timed bets tied to Trump policy moves renew scrutiny
  • Unusually timed trades tied to policy and geopolitical events intensified insider-trading concerns around prediction markets, and Kalshi said it would keep tightening detection and enforcement.

Mar 27, 2026

State ethics order
California bars officials from using insider knowledge on prediction markets
  • California Gov. Gavin Newsom barred state officials from using non-public information to profit on markets like Kalshi, adding pressure around insider-trading risks.

Mar 23, 2026

Market integrity
Kalshi blocks politicians and athletes from trading in related markets
  • Kalshi launched new guardrails to stop candidates, athletes, team personnel and referees from betting on outcomes they could influence.

Mar 20, 2026

State litigation
Nevada judge temporarily blocks Kalshi in the state
  • A Nevada judge barred Kalshi from offering certain event contracts in the state without a license, deepening the clash between state gaming regulators and federally regulated prediction markets.

Mar 17, 2026

Criminal enforcement
Arizona files criminal charges against Kalshi
  • Arizona accused Kalshi of operating an illegal gambling business and unlawfully allowing election bets, marking the first state criminal case against the company.

Mar 12, 2026

Federal rulemaking
CFTC opens comment process for new prediction-market rules
  • The CFTC sought public input on how to regulate event contracts and prediction markets, including manipulation safeguards and which contracts may be against the public interest.

Feb 26, 2026

Litigation
Kalshi turns to Neal Katyal in expanding state-by-state legal fight
  • Reuters reported that Neal Katyal appeared for Kalshi in its Utah case and is also representing the company in related matters involving Nevada, Ohio, Maryland, Connecticut, and Tennessee.

Feb 25, 2026

Regulatory oversight
CFTC says it can police misconduct after Kalshi flags insider-trading cases
  • Reuters reported that the CFTC said it has full authority to police illegal trading practices in event markets after Kalshi flagged and froze accounts tied to two insider-trading incidents.

Feb 19, 2026

Institutional expansion
Tradeweb partners with Kalshi and takes minority stake
  • Tradeweb said the partnership will expand institutional access to Kalshi’s prediction-market data and analytics, and explore an institutional-focused marketplace for event contracts.

Feb 18, 2026

State enforcement
Nevada sues to block Kalshi’s sports event contracts
  • Reuters reported that Nevada gaming regulators sued to stop Kalshi from offering sports-linked event contracts to residents, while the CFTC separately argued prediction markets fall under exclusive federal jurisdiction.

Feb 17, 2026

Federal policy
Trump administration backs prediction markets as state bans escalate
  • AP reported that the CFTC’s new leadership backed Kalshi and other prediction-market operators in court, arguing federal oversight should prevail over state efforts to shut them down.

Feb 5, 2026

Product and market structure
Kalshi seeks approval to introduce margin trading for institutional users
  • Reports say Kalshi is seeking CFTC approval to offer margin trading (moving beyond fully collateralized trading), initially for institutional users, which could materially change risk, leverage, and market structure.

Feb 5, 2026

Market integrity
Kalshi announces independent surveillance audit committee and enforcement upgrades
  • Kalshi announced an independent surveillance audit committee, new surveillance partnerships, and a new head of enforcement, with plans for quarterly public reporting on surveillance and enforcement activity.

Feb 4, 2026

Federal policy
CFTC withdraws event contracts rule proposal and sports contracts advisory
  • CFTC withdrew its June 2024 proposed rulemaking on event contracts, and staff also withdrew the September 2025 sports event-contracts advisory via Staff Letter 26-04—hinting at a shift toward a new rulemaking approach.

Feb 3, 2026

Corporate
Plus500 expands into US prediction markets via Kalshi partnership
  • Plus500 said it will offer retail customers event contracts through a partnership with Kalshi (via Kalshi Klear), extending distribution as legal and regulatory scrutiny of prediction markets continues to intensify.

Feb 2, 2026

State enforcement
New York attorney general warns consumers and industry about prediction markets
  • NY AG Letitia James warned consumers that prediction markets may operate without NY gaming oversight, and said advertising or promoting unlicensed sports wagering can create civil and criminal exposure under New York law.

Jan 27, 2026

Litigation and enforcement
Massachusetts judge outlines Kalshi injunction no sports contracts in MA
  • Judge reaffirms Jan 20 ruling, orders 30-day geolocation compliance. Existing positions may be sold/settled but not increased or funded. Kalshi must file a compliance and reporting plan.

Jan 26, 2026

Litigation and enforcement
Kalshi files emergency motion to keep sports event contracts alive in Massachusetts
  • Kalshi asked the court to stay the Massachusetts preliminary injunction pending appeal, arguing it would face irreparable harm if forced to shut down in-state sports contracts before appellate review.

Jan 26, 2026

Litigation and enforcement
Ohio cites Massachusetts ruling in legal pushback against Kalshi
  • Ohio regulators pointed to the Massachusetts decision as support in their own dispute over whether Kalshi’s sports-style event contracts can be treated as unlawful gambling under state law.

Jan 26, 2026

Corporate and policy
Kalshi opens DC office, hires John Bivona as Head of Government Relations
  • Kalshi announced a Washington, DC office and a senior government-relations hire as it expands policy engagement amid escalating state-by-state scrutiny of sports-related event contracts.

Jan 23, 2026

Litigation and enforcement
Massachusetts judge delays injunction effective date while reviewing Kalshi stay request
  • The judge indicated the preliminary injunction would not take effect until he rules on Kalshi’s motion for a stay pending appeal, and set a briefing schedule ahead of a follow-up hearing.

Jan 21, 2026

Litigation and enforcement
Judge to order prediction market Kalshi to stop taking de facto sports bets in Massachusetts
  • A Massachusetts Superior Court judge said he would issue a preliminary injunction after finding Kalshi’s sports-related contracts conflicted with the state’s sports-wagering licensing regime.

Jan 20, 2026

Litigation and enforcement
Massachusetts judge moves to block Kalshi sports event contracts
  • An MA Superior Court judge said they plan to issue a preliminary injunction limiting Kalshi sports event contracts for MA residents unless it complies with state sports-wagering licensure, with final terms to be set after a Jan 23 hearing.

Jan 13, 2026

Litigation and enforcement
Federal judge blocks Tennessee from barring Kalshi’s sports event contracts
  • A federal judge issued a TRO blocking Tennessee from enforcing its cease-and-desist against Kalshi during the case. We’re monitoring closely, as Tennessee is part of broader state pushback that may affect which sports-style contracts are available.

Dec 10, 2025

Litigation and enforcement
Federal court pauses Connecticut’s cease-and-desist enforcement against Kalshi
  • Federal court temporarily halted Connecticut’s cease-and-desist over Kalshi’s sports event contracts while jurisdiction is litigated; status quo remains until the Feb. 12, 2026 injunction hearing.

Dec 9, 2025

Litigation and enforcement
Massachusetts seeks to block Kalshi from operating a sports prediction market
  • Massachusetts asked a judge to block Kalshi sports event contracts, arguing they’re unlicensed sports wagering. Kalshi disputes state authority, citing federal oversight for event contracts traded on a CFTC-regulated exchange.

Dec 4, 2025

Enforcement actions
Connecticut orders Kalshi to stop offering sports event contracts in the state
  • Connecticut’s DCP ordered Kalshi to stop offering/promoting sports event contracts and other unlicensed online gambling to residents. This is why you should confirm in-app eligibility before depositing or trading.

Nov 26, 2025

Litigation and enforcement
Nevada judge rules Kalshi is subject to state gaming rules
  • A federal judge in Nevada said Kalshi must comply with state gaming rules for its sports event contracts, lifting a prior injunction. Kalshi appealed; the case is a key test of how state gaming laws may apply to event-contract exchanges.

Oct 28, 2025

Litigation and enforcement
Kalshi sues New York gaming regulator over sports event contracts
  • Kalshi sued the New York State Gaming Commission over a cease-and-desist, arguing federal law preempts state regulation. The case highlights the state-by-state debate over whether sports-style event contracts are trading or sports betting.

My verdict on the Kalshi promo code

I tested the Kalshi promo code CORG the way a new user would: sign up, fund the account, then trade a handful of markets to reach the activity requirement. It felt more like a trading perk than a typical bonus. The steps were clear, and once I hit the required level of trading, the credit posted the way I expected.Where people can get tripped up is in the details of how Kalshi works. Some markets are very liquid and easy to trade, while others can be choppy, and fees become more noticeable if you’re doing many small fills. I had the smoothest experience sticking to the markets that were already active and pricing efficiently, rather than searching for obscure contracts just to check boxes.

Overall rating: 4.9/5 ⭐️⭐️⭐️⭐️

Additional prediction market platform promos

Kalshi is one of the earliest federally regulated prediction markets in the US, helping define how event contracts operate under a derivatives framework. While the space remains relatively small, several other platforms now offer prediction-style products or are moving into the market. If you are comparing current offers and alternatives, the options below are worth exploring.
  • DraftKings Predictions: DraftKings Predictions marks DraftKings’ move into prediction-style markets beyond traditional sportsbook betting. Check our DraftKings Predictions promo code page for the newest offers and eligibility requirements.
  • FanDuel Predicts: FanDuel teamed up with CME Group to launch FanDuel Predicts in December 2025, highlighting increased interest in predictive products from major gaming operators. Visit our FanDuel Predicts promo code page for current bonus details and eligibility information.
  • Fanatics Markets: Launched through a partnership with Crypto.com, Fanatics Markets focuses on predictive outcomes tied to sports and major events. Visit our Fanatics Markets promo code page to learn more about the latest bonuses and player eligibility.
  • ProphetX: ProphetX runs an exchange-style sports platform where users can trade positions directly against one another. Check out our ProphetX promo code page for the latest bonus offers and eligibility details.
  • OG.com: OG.com is another platform worth watching in the prediction-market space, with product availability and promotional offers potentially varying by jurisdiction and rollout stage. Visit our OG.com promo code page for the latest bonus details and eligibility information.

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Chris Jonat
Content Manager

Chris has been working in iGaming for 15 years. He has previously worked on online casinos, sportsbooks, iPoker, and the crypto industry, all of which help inform his expert coverage of the emerging prediction markets scene. We may earn a small commission from some links, but Chris's trustworthy insights are always impartial, helping you make the best decision.

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Fact-checked by Alexander Korsager
Chief Gaming Officer at Casino.org

As a fact-checker, and our Chief Gaming Officer, Alex Korsager verifies all prediction market details on this page. He manually compares our pages with the prediction app, and if anything is unclear, he contacts the operator. In short, Alex ensures you can make an informed and accurate decision.