At FantasyLabs, we are all about finding the edge. Whether you are using our Player Models to build DFS lineups or projecting the next move of the Federal Reserve, the goal remains the same: use data to outpace the market.
Kalshi has become the primary venue for this type of quantitative forecasting. As the first CFTC-regulated exchange for event contracts, it allows you to trade on everything from inflation data to sports outcomes. To help you scale your portfolio, the Kalshi Refer-a-Friend program offers a unique opportunity to secure up to $1,000 in trading credits.
Don’t want to wait on your friend to make their trades? Click the module below and use our Kalshi promo code
The +EV Breakdown: How Kalshi Refer-a-Friend Works
The Kalshi referral system functions as a reciprocal incentive. By utilizing your network of fellow analysts and traders, you can unlock $25 for every new user who joins via your link and meets the activity threshold.
| Metric | Specification |
| Referral Value | $25 (per person) |
| Total Reward Ceiling | $1,000 (40 referrals) |
| Trigger Event | Referral must execute $25 in trade volume |
| Crediting Speed | Typically within 48-72 hours of qualification |
| Usage Window | 30 days from date of credit |
Step-by-Step: Activating Your Referral Link
Unlike traditional “promo codes” that you enter at checkout, the Kalshi referral program is link-based and requires you to have a verified trading history yourself.
- Unlock the Feature: New Kalshi accounts typically need to trade a baseline of contracts (approx. 100 shares) before the “Invite Friends” option appears in the account menu.
- Access Your Unique URL: Once unlocked, navigate to your profile settings and tap “Invite Friends.” This will generate a tracking link unique to your account.
- Deploy to Your Network: Share your link with friends who follow markets, economics, or sports.
- Verification & Volume: Your referral must sign up, complete identity verification, and place $25 worth of trades.
- Bank Your Credit: Once the $25 volume requirement is met, a $25 credit is applied to both accounts.
Strategic Note: Volume vs. Stakes
For the volume-heavy trader, hitting the $25 requirement is seamless. It’s important to remember that volume is cumulative. A friend could buy $5 worth of contracts on five different events, or buy 50 contracts at $0.50 each in a single market. Once the aggregate “buy” side of their trades hits $25, the bonus triggers. This makes the referral highly “sticky” for users who enjoy active, intraday trading.
Program Guidelines and Geographics
Because Kalshi is a regulated US exchange, certain compliance standards apply:
- KYC Requirements: All users must be 18+ and complete a “Know Your Customer” (KYC) check, which includes SSN verification.
- Withdrawal Rules: Referral credits are designed for trading. While you cannot withdraw the $25 credit directly, 100% of the profits earned from successful trades made with that credit are yours to keep and withdraw.
Why Event Trading Fits the Labs Model
Kalshi isn’t a bookmaker; it’s an exchange. This means the prices are set by supply and demand, much like a stock. For the FantasyLabs community, this provides a “clean” market where your models can directly challenge the consensus on:
- Economic Indicators: CPI releases, interest rates, and unemployment data.
- Sports Forecasting: Game outcomes, playoff seeds, and award winners.
- World Events: Political elections and climate benchmarks.
By utilizing the Refer-a-Friend program, you can essentially lower your “cost of entry” into new markets while helping your peers discover a data-driven way to trade real-world outcomes.
