Kalshi Promo Code LABS: Trade $10, Get $15 Bonus

Register now with our Kalshi referral code LABS and trade $10 on South Africa vs. Canada to net $15 in bonuses.

Updated on 7/1/26

Kalshi
Trade $10, Get $15!
Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH.

Use Kalshi promo code LABS, make your first $10 in trades and get a $15 bonus.

An simple way to unlock your $15 bonus is by trading a total of $10 on the upcoming Round of 32 matches. On Tuesday, June 30, Ivory Coast faces Haaland’s Norway at 1 p.m. ET, followed by France vs. Sweden at 5 p.m. ET on FOX. England vs. DR Congo is scheduled for Wednesday, July 1, at 12 p.m. ET and the United States vs. Bosnia-Herzegovina at 8 p.m. ET, both on FOX.

Ready to jump in? Sign up with the Kalshi promo code LABS and claim the welcome offer: Trade $10, Get $15!

Kalshi Promo Code LABS & Welcome Offer Facts

😴 Kalshi Promo Code LABS
🤑 Kalshi Signup Bonus Trade $10, Get $15!
💵 Minimum Deposit $10
Kalshi Legal States 42 States (Not in AZ, IL, MA, MD, MI, MT, NV, and OH)
📝 Terms and Conditions Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH.
🎯 Last Verified by FantasyLabs July 1, 2026

Does Kalshi Have a Sign-Up Bonus?

Yes. The Kalshi sign-up bonus for new users is: Trade $10, Get $15!

You can access this exclusive welcome offer with the Kalshi promo code LABS, complete identity verification, and make your first $10 in trades.

Once you meet those requirements, you’ll get a $15 bonus to use on additional markets.

The offer is simple compared to many sportsbook promos. Instead of asking for a large deposit or a complicated wagering requirement, Kalshi’s bonus is unlocked after a small qualifying trade.

Kalshi Welcome Bonus vs Competitors

📈 Platform🎁​ Welcome Offer💰 Promo Code📝 T&C
PolymarketDeposit $20, Get $50 Trading Bonus!LABSMust be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH.
FanDuel PredictsMake any Trade & Get $25 in Predicts Bonus!No promo code needed!Offered by FanDuel Prediction Markets LLC, a registered futures commission merchant. 18+ and present in select states. First real money trade only. First-time deposit required. Bonus is non-withdrawable and expires 7 days after receipt. Restrictions apply, including minimum trade amounts. Trading derivatives involves significant risk and may not be suitable for all investors. Manage your activity with our Consumer Protection tools. See terms, including eligible states, at https://www.fanduel.com/predicts/new-customer-offer.
KalshiTrade $10, Get $15!LABSMust be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH.
Novig
ProphetXTrade $10, Get $20!LABSMAXSubject to regulatory approval. Limited time offer. T&Cs Apply.

Another great alternative to Kalshi is SI Predict. Check out our review!

6 Steps to Get the $15 Trading Bonus

  1. Click our links to download the Kalshi app or sign up on their website.
  2. Enter the Kalshi promo code LABS during registration.
  3. Verify your U.S. identity (must be 18+ in most states) to comply with federal exchange regulations.
  4. Deposit at least $10 in your new account.
  5. Place $10 in real-money trades on popular markets (like the World Cup or Wimbledon).
  6. Once your initial $10 in trades officially settles, Kalshi will add the $15 bonus to your portfolio.

Since Kalshi operates as a regulated financial exchange under the watchful eye of the CFTC, your trades are based on real-world events rather than traditional sports betting lines.

Kalshi
Trade $10, Get $15!
Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available i...See More
LABS
Promo Code
Kalshi sign-up screen showing phone number verification and Kalshi promo code LABS entry popup during the account registration process on the prediction markets platform.

Promo Code vs. Referral Link: Where to Find Your Kalshi Referral Code

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If you’re wondering where to find a Kalshi referral code, the answer depends on whether you’re creating a new account or inviting friends.

New users can enter our referral code LABS during sign-up by tapping “Enter referral code” on the birthday screen. If you skip that step, Kalshi lets you add the code within 72 hours of creating your account, as long as you haven’t made your first deposit. Just open the menu and select “Add referral code.”

If you sign up through one of the verified FantasyLabs links on this page, you won’t need to enter the code manually. Your qualifying Trade $10, Get $15! offer will be applied automatically.

If you’re an existing Kalshi user looking for your own referral code, open the account menu and select “Invite Friends” (sometimes labeled “Refer a Friend”). From there, you can copy your unique referral link and share it with friends to earn any available referral rewards.

Kalshi vs. Polymarket

Kalshi and Polymarket are two of the biggest names in prediction markets right now. If you’re trying to decide where to put your money this week, here’s a side-by-side look at what each platform offers.

FeatureKalshi ExchangePolymarket
Regulatory StatusCFTC-RegulatedCFTC-Regulated
Primary CurrencyU.S. Dollars (Fiat)Cryptocurrency (USDC)
U.S. Market VarietySports, Politics, Economics, Pop Culture, and moreSports, Politics, Economics, Temperature, Tech, Culture, and more
Welcome OfferTrade $10, Get $15!Deposit $20, Get $50 Trading Bonus!
Promo CodeLABSLABS
Exit StrategyYes, sell shares dynamically on live order bookYes, sell shares dynamically on live order book
DevicesDesktop and Mobile appOnly mobile app
Best ForDesktop usersMobile users

Another generous signup bonus that our users love is the Sleeper promo code, though it gets you an offer for DFS rather than sports trading.

How the Kalshi Offer Works

The Kalshi welcome offer is really simple. After creating your account and making your first deposit, all you need to do is trade a total of $10 across any available markets to get a $15 bonus.

For example, you could make a few smaller trades on this weekend’s biggest events:

  1. Trade a few dollars on France vs Sweden (Tuesday, June 30, at 5 p.m. ET).
  2. Place another trade on England vs Congo DR (Wednesday, July 1, at 12 p.m. ET).
  3. Then a couple more bucks on Spain vs Austria (Thursday, July 2, at 3 p.m. ET).

Once your total trading activity reaches $10, Kalshi will automatically credit your account with a $15 bonus. The best part? Your initial trades don’t need to be profitable to qualify. As long as you reach the trading requirement, you’ll receive the bonus.

You can then use those bonus funds during a 30-day period on future markets, and withdrawn any profits earned from your trades.

Top Kalshi Contracts to Watch This Week

If you’re looking for places to use your first $10 trade, start with the markets attracting the most attention right now.

⚽ 2026 World Cup

Kalshi FIFA World Cup Winner prediction market showing France as the favorite to win the 2026 FIFA World Cup at 29%, followed by Argentina at 21.4%, Spain at 10.7%, and England at 9.4%. The chart tracks championship odds from May 2025 through June 2026, with France surging ahead after the group stage. Total trading volume exceeds $750 million.

The World Cup markets are going crazy! Germany and the Netherlands—two teams many expected to go far—were both knocked out after penalty shootouts against Paraguay and Morocco. Both underdogs are now through to the Round of 16.

Tuesday, June 30, features Ivory Coast vs Norway, France vs Sweden, and Mexico vs Ecuador. Then on Wednesday, July 1, more Round of 32 matchups roll on. This includes England vs Congo DR at 5 p.m. ET and the USA vs Bosnia-Herzegovina at 8 p.m. ET, both on FOX.

  • ⚽ Still playing: Algeria, Argentina, Australia, Austria, Belgium, Bosnia-Herzegovina, Brazil, Cape Verde, Colombia, Croatia, DR Congo, Ecuador, Egypt, England, France, Ghana, Ivory Coast, Mexico, Morocco, Norway, Portugal, Senegal, Spain, Sweden, Switzerland, United States.
  • ➡️​ Moved to the Round of 16: Canada, Morocco, Brazil, Paraguay.
  • ❌ Eliminated: South Africa, Netherlands, Germany, Japan.

Knockout Stage vs. Group Stage

  • Group Stage: Teams earn points (3 for a win, 1 for a draw) to try to qualify for the knockout rounds.
  • Knockout Stage: It’s win or go home. The winner advances, and the loser is eliminated.
  • No Draws: If a match is tied after 90 minutes, it goes to 30 minutes of extra time, followed by a penalty shootout if there’s still no winner.

Top World Cup Markets on Kalshi

If you’re new to World Cup trading, I recommend starting with individual match markets before jumping into tournament winner contracts. One result can shift public sentiment, creating opportunities before the next round of the competition.

  • Individual match markets: Trade on specific game outcomes such as Spain vs Austria.
  • Tournament futures markets: Contracts like Men’s World Cup Winner and Golden Boot Winner focus on longer-term tournament results.
  • Qualification markets: World Cup Round of 16 Qualifiers track which teams are most likely to advance from the Round of 32.

World Cup Next Games

MatchupDay & Time (ET)NetworkOdds to advance
England vs. Congo DRWednesday, July 1 – 12:00 p.m. ETFOXEngland 87%
Congo DR 13%
Belgium vs. SenegalWednesday, July 1 – 4:00 p.m. ETFS1Belgium 59%
Senegal 41%
USA vs. Bosnia-HerzegovinaWednesday, July 1 – 8:00 p.m. ETFOXUSA 83%
Bosnia and Herzegovina 17%
Spain vs. AustriaThursday, July 2 – 3:00 p.m. ETFOXSpain 86%
Austria 14%
Portugal vs. CroatiaThursday, July 2 – 7:00 p.m. ETFOXPortugal 69%
Croatia 31%
Switzerland vs. AlgeriaThursday, July 2 – 11:00 p.m. ETFS1Switzerland 65%
Algeria 35%

World Cup Partnership: Kalshi and ADI PredictStreet

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Kalshi is getting even more exposure during the 2026 World Cup through a partnership with ADI PredictStreet, FIFA’s Official Prediction Market Partner. The collaboration gives Kalshi a bigger presence throughout the knockout stage while expanding World Cup prediction markets.

With billions of dollars already traded during the tournament, Kalshi has become one of the most active prediction market platforms for soccer. If you’re planning to trade on the Round of 32 or beyond, the Trade $10, Get $15! welcome offer is an easy way to get started.

🎾 Wimbledon

The World Cup isn’t the only major event happening this week. Wimbledon is also on, with the first-round matches continuing over the next few days. Kalshi offers prediction markets on major tennis matches, giving you another way to use your Trade $10, Get $15! welcome offer beyond soccer.

💡3 Quick Trading Strategies for Kalshi Beginners:

  • Analyze Historical Trends: Past market behavior usually provides a baseline for future movement.
  • Paper Trade First: Use Kalshi’s simulation features to practice executing trades without risking your cash.
  • Trade the News Cycle: Live prices shift instantly; staying updated on breaking news is your biggest edge.

Advanced Strategies: Combos, Arbitrage & Hedging

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Kalshi Combos (Parlays): Combos allow you to bundle multiple single-event outcomes into one trade. However, you cannot mix different market categories (e.g., combining a sports contract with a political contract). You can only build correlated Combos within the same category.

Arbitrage & Hedging: Because Kalshi operates a live order book, prices shift until the event concludes. This creates unique opportunities:

  • Arbitrage: Buy shares at a low price and sell them for a guaranteed profit before the event even starts if breaking news shifts the market probability.
  • Hedging: Buy “Yes” shares on an outcome today, and buy “No” shares later if prospects change, allowing you to mitigate potential losses.

Kalshi’s Referral Bonus Program: Earn $25 Bonus by Inviting Friends

Once active on Kalshi, share your unique referral link to earn more bonuses. When a friend signs up, deposits, and meets the trading requirements, you both earn a $25 bonus (up to $1,000 maximum).

You can also share the Kalshi promo code LABS with your friends to Trade $10, Get $15!

Kalshi
Trade $10, Get $15!
Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available i...See More
LABS
Promo Code

If you and your friends would rather trade for free, the Manifold Markets bonus code might be for you.

Who is Kalshi for? Kalshi is for people who like following real-world events and want a different way to act on their predictions. Instead of only picking game winners, users can trade on outcomes tied to sports, economics, politics, weather, pop culture, and more.

What are Kalshi prediction markets?

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Kalshi operates as a prediction market, allowing users to trade on the outcomes of real-world events like elections, economic indicators, and pop culture. Prices shift based on supply and demand, similar to a stock exchange. Winning shares always settle at exactly $1.

Key Differences from Traditional Sportsbooks:

  • Exit Early: You don’t have to wait for an event’s final settlement. Buy in at one price and sell dynamically if the market moves in your favor via the “Portfolio” tab.
  • Trade on “No”: Traditional sportsbooks rarely let you bet against an outcome. On Kalshi, you can buy “No” shares to trade on the negative (e.g., a specific team will not win the championship).

Note: Crypto.com is a similar exchange platform that offers sports trading, though it lacks Kalshi’s extensive pop culture and political markets.

Security & CFTC Regulations

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Kalshi is a fully federally regulated exchange operating under the Commodity Futures Trading Commission (CFTC). Unlike social sports picks platforms such as Novig, Kalshi is governed by federal financial law rather than state sweepstakes laws.

  • Secure Transactions: Bank-grade encryption protects all deposits, ACH withdrawals, and personal data.
  • 2FA Protection: Mandatory Two-Factor Authentication secures your account.
  • Liquidity: Supported by deep liquidity, ensuring fast and reliable payouts when markets settle.

For more on financial platform sign-ups, see our review of the Robinhood signup bonus

Kalshi Deposit & Withdrawal Methods

If you want to put your first trade quickly, a debit card is the fastest way, though ACH is best for avoiding fees.

Payment MethodDeposit FeeWithdrawal FeeNotes
ACH Bank Transfer$0 (Free)$0 (Free)Standard banking processing times.
Debit Card (Apple/Google Pay)2% Processing FeeN/AFastest funding method.
PayPal & Venmo$0VariesAvailable for U.S. users; may vary by state.
Cash App$0N/ADeposit-only method.
Crypto & Wire Transfer$0VariesBest for high-volume traders.

Contract Pricing & Bank Withdrawals

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Kalshi displays market prices as contracts that trade between 1 cent and 99 cents. The price reflects the market’s estimated probability of an outcome occurring. For example, a contract trading at 60 cents implies a 60% chance of that event happening. If your prediction is correct, the contract settles at $1.

It’s also important to keep bank processing times in mind. Withdrawals are typically processed through ACH transfers, which don’t move on weekends or federal holidays. If you request a withdrawal late on a Friday, it may not begin processing until the next business day. Planning ahead can help ensure you have funds available for upcoming World Cup matches and other trading opportunities.

While Kalshi offers its own contracts, it has also partnered with entities like Sleeper Markets and PrizePicks to host prediction markets externally.

Does Kalshi charge “vig” like sportsbooks?

No. Unlike traditional sportsbooks that charge “vig,” Kalshi operates like a financial exchange.

  • Kalshi Commission: Instead of charging flat commissions or subscription fees, Kalshi generates revenue through transaction fees.
  • Trading Fees: Kalshi charges a variable percentage fee based on a contract’s expected earnings (maximum potential earnings × implied probability).
  • Maker Fees: Some markets charge a fee for resting orders on the order book.
  • Cancellation Fees: $0. You can back out of a resting trade without penalty before it executes.

If you want to avoid variable exchange fees entirely, a social prediction market like Verse Picks is an alternative option.

Kalshi Tax Obligations (2026)

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As a CFTC-regulated financial exchange, your Kalshi earnings are subject to standard tax reporting. Keep this in mind:

  • Capital Gains: Profits are recorded on IRS Form 8949 and summarized on Schedule D.
  • FIFO Accounting: Kalshi uses First-In, First-Out to calculate gains/losses.
  • 1099 Forms: If you exceed regulatory earnings thresholds, Kalshi will automatically issue a 1099-MISC or 1099-INT.

Always consult a tax professional to ensure your trading activity is reported correctly.

To see how Kalshi compares to another US exchange, see our review of the Polymarket promo code and FanDuel Predicts promo code.

Is Kalshi legit?

Yes. Kalshi is a federally regulated prediction market exchange in the U.S. It’s overseen by the CFTC, which makes it different from offshore or unregulated prediction platforms.

Kalshi User Experience: Expert Review

Don’t be surprised if Kalshi feels a little different the first time you log in. Unlike sportsbooks and DFS apps, it’s built around trading prediction markets, so there’s a bit more information on screen. The good news is that most users pick it up pretty quickly.

  • 💼 The Pro View: Best utility for closing line value and custom event markets.
  • ​🔧 The Utility: Real-time portfolio management allows you to exit positions early to lock in profits.
  • The Verdict: Superior option for serious market makers, but a steeper learning curve for recreational users.

Another plus is that Kalshi is legal in 42 states—online sportsbooks and most DFS apps can’t say the same.

Kalshi’s No Shares: Trading the Negative

Traditional sportsbooks force you into betting on something to happen.

Kalshi flips this dynamic entirely by allowing you to trade on the negative. Purchasing “No” shares is one of the most powerful tools in a market maker’s arsenal.

  • Look for Overreactions: When a popular team starts winning, the market can sometimes become overly optimistic. Rather than following the crowd, some traders look for opportunities where expectations may have moved too far in one direction.
  • Think Long-Term: Championship futures are influenced by more than talent alone. Injuries, schedule difficulty, and simple bad luck can all impact a team’s chances over the course of a season or tournament.
  • Manage Risk During Live Markets: One advantage of prediction markets is flexibility. If a market moves in your favor during a game, you may be able to lock in gains or reduce your risk before the final result is decided.
  • Stay on Top of the News: Weather, injuries, lineup changes, and breaking developments can all move market prices. Staying informed can help you react faster when new information becomes available.

Final Thoughts: Is the Kalshi Promo Code LABS Worth It?

If you want a federally regulated environment to trade on elections, weather, or sports, Kalshi is your top choice. By using our Kalshi promo code LABS you secure a low-barrier Trade $10, Get $15! offer that lets you test the exchange with minimal risk.

Ready to claim your next welcome offer? I’d recommend checking out the Underdog promo code.


Kalshi Promo Code LABS FAQs

Here are some FAQs about the Kalshi sign-up bonus and promo code:

What is the Kalshi sign-up bonus?

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The Kalshi sign-up bonus is Trade $10, Get $15! when you register with promo code LABS. Kalshi adds this site credit to your portfolio once you verify your identity and execute your first $10 in real-money trades. There are no hidden rollover requirements for this offer.

How do I claim the Kalshi promo code offer?

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To claim the offer, enter the Kalshi promo code LABS during registration on the Kalshi app or website. After signing up, you must complete your identity verification and place $10 in trades on any market to trigger the Trade $10, Get $15! bonus credit.

Can I get a Kalshi Promo Code on Reddit?

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Reddit can be a useful place to find discussions about Kalshi promotions, but the promo codes on Reddit can be unverified. Before using a code you find online, make sure it’s still active and is valid. FantasyLabs readers can use promo code LABS to trade $10 and receive a $15 bonus.

How do Kalshi referral bonuses work?

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The referral program rewards both you and a friend with a $25 bonus when they sign up via your link and meet trading requirements. Users can earn up to $1,000 in total referral rewards. Your friend can also use LABS during sign-up to ensure they receive the primary welcome offer.

Is Kalshi invite only?

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No. Kalshi is open to eligible U.S. residents and doesn’t require an invitation code to join. But, you can get a good sign-up bonus with promo code LABS. Create an account online, verify your identity, fund your account, and start trading on available markets right away.

What is Kalshi, and how does it work?

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Kalshi is a CFTC-regulated financial exchange where users trade “Yes” or “No” shares on the outcome of real-world events. Instead of traditional betting, you buy contracts on events like elections, economic data, and sports. Prices (1¢ to 99¢) reflect the market’s implied probability, and winning trades always settle at $1.

What types of markets can I trade on Kalshi?

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Kalshi offers hundreds of daily event contracts across sports, politics, economics, weather, and pop culture. You can trade on anything from NBA game winners and NFL Draft positions to inflation rates, Academy Award winners, and federal election results.

Is Kalshi legal and regulated?

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Yes, Kalshi is legal in 42 U.S. states and operates under the direct oversight of the Commodity Futures Trading Commission (CFTC). As a regulated financial exchange, it follows strict federal guidelines for fund security and consumer protection, making it a legal alternative to offshore betting platforms.

If you’re interested in DFS over predictions trading Kalshi, try out the Dabble promo code.

Kalshi
Trade $10, Get $15!
Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available i...See More
LABS
Promo Code

Updated on 7/1/26

Kalshi
Trade $10, Get $15!
Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH.

Use Kalshi promo code LABS, make your first $10 in trades and get a $15 bonus.

An simple way to unlock your $15 bonus is by trading a total of $10 on the upcoming Round of 32 matches. On Tuesday, June 30, Ivory Coast faces Haaland’s Norway at 1 p.m. ET, followed by France vs. Sweden at 5 p.m. ET on FOX. England vs. DR Congo is scheduled for Wednesday, July 1, at 12 p.m. ET and the United States vs. Bosnia-Herzegovina at 8 p.m. ET, both on FOX.

Ready to jump in? Sign up with the Kalshi promo code LABS and claim the welcome offer: Trade $10, Get $15!

Kalshi Promo Code LABS & Welcome Offer Facts

😴 Kalshi Promo Code LABS
🤑 Kalshi Signup Bonus Trade $10, Get $15!
💵 Minimum Deposit $10
Kalshi Legal States 42 States (Not in AZ, IL, MA, MD, MI, MT, NV, and OH)
📝 Terms and Conditions Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH.
🎯 Last Verified by FantasyLabs July 1, 2026

Does Kalshi Have a Sign-Up Bonus?

Yes. The Kalshi sign-up bonus for new users is: Trade $10, Get $15!

You can access this exclusive welcome offer with the Kalshi promo code LABS, complete identity verification, and make your first $10 in trades.

Once you meet those requirements, you’ll get a $15 bonus to use on additional markets.

The offer is simple compared to many sportsbook promos. Instead of asking for a large deposit or a complicated wagering requirement, Kalshi’s bonus is unlocked after a small qualifying trade.

Kalshi Welcome Bonus vs Competitors

📈 Platform🎁​ Welcome Offer💰 Promo Code📝 T&C
PolymarketDeposit $20, Get $50 Trading Bonus!LABSMust be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH.
FanDuel PredictsMake any Trade & Get $25 in Predicts Bonus!No promo code needed!Offered by FanDuel Prediction Markets LLC, a registered futures commission merchant. 18+ and present in select states. First real money trade only. First-time deposit required. Bonus is non-withdrawable and expires 7 days after receipt. Restrictions apply, including minimum trade amounts. Trading derivatives involves significant risk and may not be suitable for all investors. Manage your activity with our Consumer Protection tools. See terms, including eligible states, at https://www.fanduel.com/predicts/new-customer-offer.
KalshiTrade $10, Get $15!LABSMust be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NV, and OH.
Novig
ProphetXTrade $10, Get $20!LABSMAXSubject to regulatory approval. Limited time offer. T&Cs Apply.

Another great alternative to Kalshi is SI Predict. Check out our review!

6 Steps to Get the $15 Trading Bonus

  1. Click our links to download the Kalshi app or sign up on their website.
  2. Enter the Kalshi promo code LABS during registration.
  3. Verify your U.S. identity (must be 18+ in most states) to comply with federal exchange regulations.
  4. Deposit at least $10 in your new account.
  5. Place $10 in real-money trades on popular markets (like the World Cup or Wimbledon).
  6. Once your initial $10 in trades officially settles, Kalshi will add the $15 bonus to your portfolio.

Since Kalshi operates as a regulated financial exchange under the watchful eye of the CFTC, your trades are based on real-world events rather than traditional sports betting lines.

Kalshi
Trade $10, Get $15!
Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available i...See More
LABS
Promo Code
Kalshi sign-up screen showing phone number verification and Kalshi promo code LABS entry popup during the account registration process on the prediction markets platform.

Promo Code vs. Referral Link: Where to Find Your Kalshi Referral Code

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If you’re wondering where to find a Kalshi referral code, the answer depends on whether you’re creating a new account or inviting friends.

New users can enter our referral code LABS during sign-up by tapping “Enter referral code” on the birthday screen. If you skip that step, Kalshi lets you add the code within 72 hours of creating your account, as long as you haven’t made your first deposit. Just open the menu and select “Add referral code.”

If you sign up through one of the verified FantasyLabs links on this page, you won’t need to enter the code manually. Your qualifying Trade $10, Get $15! offer will be applied automatically.

If you’re an existing Kalshi user looking for your own referral code, open the account menu and select “Invite Friends” (sometimes labeled “Refer a Friend”). From there, you can copy your unique referral link and share it with friends to earn any available referral rewards.

Kalshi vs. Polymarket

Kalshi and Polymarket are two of the biggest names in prediction markets right now. If you’re trying to decide where to put your money this week, here’s a side-by-side look at what each platform offers.

FeatureKalshi ExchangePolymarket
Regulatory StatusCFTC-RegulatedCFTC-Regulated
Primary CurrencyU.S. Dollars (Fiat)Cryptocurrency (USDC)
U.S. Market VarietySports, Politics, Economics, Pop Culture, and moreSports, Politics, Economics, Temperature, Tech, Culture, and more
Welcome OfferTrade $10, Get $15!Deposit $20, Get $50 Trading Bonus!
Promo CodeLABSLABS
Exit StrategyYes, sell shares dynamically on live order bookYes, sell shares dynamically on live order book
DevicesDesktop and Mobile appOnly mobile app
Best ForDesktop usersMobile users

Another generous signup bonus that our users love is the Sleeper promo code, though it gets you an offer for DFS rather than sports trading.

How the Kalshi Offer Works

The Kalshi welcome offer is really simple. After creating your account and making your first deposit, all you need to do is trade a total of $10 across any available markets to get a $15 bonus.

For example, you could make a few smaller trades on this weekend’s biggest events:

  1. Trade a few dollars on France vs Sweden (Tuesday, June 30, at 5 p.m. ET).
  2. Place another trade on England vs Congo DR (Wednesday, July 1, at 12 p.m. ET).
  3. Then a couple more bucks on Spain vs Austria (Thursday, July 2, at 3 p.m. ET).

Once your total trading activity reaches $10, Kalshi will automatically credit your account with a $15 bonus. The best part? Your initial trades don’t need to be profitable to qualify. As long as you reach the trading requirement, you’ll receive the bonus.

You can then use those bonus funds during a 30-day period on future markets, and withdrawn any profits earned from your trades.

Top Kalshi Contracts to Watch This Week

If you’re looking for places to use your first $10 trade, start with the markets attracting the most attention right now.

⚽ 2026 World Cup

Kalshi FIFA World Cup Winner prediction market showing France as the favorite to win the 2026 FIFA World Cup at 29%, followed by Argentina at 21.4%, Spain at 10.7%, and England at 9.4%. The chart tracks championship odds from May 2025 through June 2026, with France surging ahead after the group stage. Total trading volume exceeds $750 million.

The World Cup markets are going crazy! Germany and the Netherlands—two teams many expected to go far—were both knocked out after penalty shootouts against Paraguay and Morocco. Both underdogs are now through to the Round of 16.

Tuesday, June 30, features Ivory Coast vs Norway, France vs Sweden, and Mexico vs Ecuador. Then on Wednesday, July 1, more Round of 32 matchups roll on. This includes England vs Congo DR at 5 p.m. ET and the USA vs Bosnia-Herzegovina at 8 p.m. ET, both on FOX.

  • ⚽ Still playing: Algeria, Argentina, Australia, Austria, Belgium, Bosnia-Herzegovina, Brazil, Cape Verde, Colombia, Croatia, DR Congo, Ecuador, Egypt, England, France, Ghana, Ivory Coast, Mexico, Morocco, Norway, Portugal, Senegal, Spain, Sweden, Switzerland, United States.
  • ➡️​ Moved to the Round of 16: Canada, Morocco, Brazil, Paraguay.
  • ❌ Eliminated: South Africa, Netherlands, Germany, Japan.

Knockout Stage vs. Group Stage

  • Group Stage: Teams earn points (3 for a win, 1 for a draw) to try to qualify for the knockout rounds.
  • Knockout Stage: It’s win or go home. The winner advances, and the loser is eliminated.
  • No Draws: If a match is tied after 90 minutes, it goes to 30 minutes of extra time, followed by a penalty shootout if there’s still no winner.

Top World Cup Markets on Kalshi

If you’re new to World Cup trading, I recommend starting with individual match markets before jumping into tournament winner contracts. One result can shift public sentiment, creating opportunities before the next round of the competition.

  • Individual match markets: Trade on specific game outcomes such as Spain vs Austria.
  • Tournament futures markets: Contracts like Men’s World Cup Winner and Golden Boot Winner focus on longer-term tournament results.
  • Qualification markets: World Cup Round of 16 Qualifiers track which teams are most likely to advance from the Round of 32.

World Cup Next Games

MatchupDay & Time (ET)NetworkOdds to advance
England vs. Congo DRWednesday, July 1 – 12:00 p.m. ETFOXEngland 87%
Congo DR 13%
Belgium vs. SenegalWednesday, July 1 – 4:00 p.m. ETFS1Belgium 59%
Senegal 41%
USA vs. Bosnia-HerzegovinaWednesday, July 1 – 8:00 p.m. ETFOXUSA 83%
Bosnia and Herzegovina 17%
Spain vs. AustriaThursday, July 2 – 3:00 p.m. ETFOXSpain 86%
Austria 14%
Portugal vs. CroatiaThursday, July 2 – 7:00 p.m. ETFOXPortugal 69%
Croatia 31%
Switzerland vs. AlgeriaThursday, July 2 – 11:00 p.m. ETFS1Switzerland 65%
Algeria 35%

World Cup Partnership: Kalshi and ADI PredictStreet

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Kalshi is getting even more exposure during the 2026 World Cup through a partnership with ADI PredictStreet, FIFA’s Official Prediction Market Partner. The collaboration gives Kalshi a bigger presence throughout the knockout stage while expanding World Cup prediction markets.

With billions of dollars already traded during the tournament, Kalshi has become one of the most active prediction market platforms for soccer. If you’re planning to trade on the Round of 32 or beyond, the Trade $10, Get $15! welcome offer is an easy way to get started.

🎾 Wimbledon

The World Cup isn’t the only major event happening this week. Wimbledon is also on, with the first-round matches continuing over the next few days. Kalshi offers prediction markets on major tennis matches, giving you another way to use your Trade $10, Get $15! welcome offer beyond soccer.

💡3 Quick Trading Strategies for Kalshi Beginners:

  • Analyze Historical Trends: Past market behavior usually provides a baseline for future movement.
  • Paper Trade First: Use Kalshi’s simulation features to practice executing trades without risking your cash.
  • Trade the News Cycle: Live prices shift instantly; staying updated on breaking news is your biggest edge.

Advanced Strategies: Combos, Arbitrage & Hedging

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Kalshi Combos (Parlays): Combos allow you to bundle multiple single-event outcomes into one trade. However, you cannot mix different market categories (e.g., combining a sports contract with a political contract). You can only build correlated Combos within the same category.

Arbitrage & Hedging: Because Kalshi operates a live order book, prices shift until the event concludes. This creates unique opportunities:

  • Arbitrage: Buy shares at a low price and sell them for a guaranteed profit before the event even starts if breaking news shifts the market probability.
  • Hedging: Buy “Yes” shares on an outcome today, and buy “No” shares later if prospects change, allowing you to mitigate potential losses.

Kalshi’s Referral Bonus Program: Earn $25 Bonus by Inviting Friends

Once active on Kalshi, share your unique referral link to earn more bonuses. When a friend signs up, deposits, and meets the trading requirements, you both earn a $25 bonus (up to $1,000 maximum).

You can also share the Kalshi promo code LABS with your friends to Trade $10, Get $15!

Kalshi
Trade $10, Get $15!
Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available i...See More
LABS
Promo Code

If you and your friends would rather trade for free, the Manifold Markets bonus code might be for you.

Who is Kalshi for? Kalshi is for people who like following real-world events and want a different way to act on their predictions. Instead of only picking game winners, users can trade on outcomes tied to sports, economics, politics, weather, pop culture, and more.

What are Kalshi prediction markets?

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Kalshi operates as a prediction market, allowing users to trade on the outcomes of real-world events like elections, economic indicators, and pop culture. Prices shift based on supply and demand, similar to a stock exchange. Winning shares always settle at exactly $1.

Key Differences from Traditional Sportsbooks:

  • Exit Early: You don’t have to wait for an event’s final settlement. Buy in at one price and sell dynamically if the market moves in your favor via the “Portfolio” tab.
  • Trade on “No”: Traditional sportsbooks rarely let you bet against an outcome. On Kalshi, you can buy “No” shares to trade on the negative (e.g., a specific team will not win the championship).

Note: Crypto.com is a similar exchange platform that offers sports trading, though it lacks Kalshi’s extensive pop culture and political markets.

Security & CFTC Regulations

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Kalshi is a fully federally regulated exchange operating under the Commodity Futures Trading Commission (CFTC). Unlike social sports picks platforms such as Novig, Kalshi is governed by federal financial law rather than state sweepstakes laws.

  • Secure Transactions: Bank-grade encryption protects all deposits, ACH withdrawals, and personal data.
  • 2FA Protection: Mandatory Two-Factor Authentication secures your account.
  • Liquidity: Supported by deep liquidity, ensuring fast and reliable payouts when markets settle.

For more on financial platform sign-ups, see our review of the Robinhood signup bonus

Kalshi Deposit & Withdrawal Methods

If you want to put your first trade quickly, a debit card is the fastest way, though ACH is best for avoiding fees.

Payment MethodDeposit FeeWithdrawal FeeNotes
ACH Bank Transfer$0 (Free)$0 (Free)Standard banking processing times.
Debit Card (Apple/Google Pay)2% Processing FeeN/AFastest funding method.
PayPal & Venmo$0VariesAvailable for U.S. users; may vary by state.
Cash App$0N/ADeposit-only method.
Crypto & Wire Transfer$0VariesBest for high-volume traders.

Contract Pricing & Bank Withdrawals

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Kalshi displays market prices as contracts that trade between 1 cent and 99 cents. The price reflects the market’s estimated probability of an outcome occurring. For example, a contract trading at 60 cents implies a 60% chance of that event happening. If your prediction is correct, the contract settles at $1.

It’s also important to keep bank processing times in mind. Withdrawals are typically processed through ACH transfers, which don’t move on weekends or federal holidays. If you request a withdrawal late on a Friday, it may not begin processing until the next business day. Planning ahead can help ensure you have funds available for upcoming World Cup matches and other trading opportunities.

While Kalshi offers its own contracts, it has also partnered with entities like Sleeper Markets and PrizePicks to host prediction markets externally.

Does Kalshi charge “vig” like sportsbooks?

No. Unlike traditional sportsbooks that charge “vig,” Kalshi operates like a financial exchange.

  • Kalshi Commission: Instead of charging flat commissions or subscription fees, Kalshi generates revenue through transaction fees.
  • Trading Fees: Kalshi charges a variable percentage fee based on a contract’s expected earnings (maximum potential earnings × implied probability).
  • Maker Fees: Some markets charge a fee for resting orders on the order book.
  • Cancellation Fees: $0. You can back out of a resting trade without penalty before it executes.

If you want to avoid variable exchange fees entirely, a social prediction market like Verse Picks is an alternative option.

Kalshi Tax Obligations (2026)

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As a CFTC-regulated financial exchange, your Kalshi earnings are subject to standard tax reporting. Keep this in mind:

  • Capital Gains: Profits are recorded on IRS Form 8949 and summarized on Schedule D.
  • FIFO Accounting: Kalshi uses First-In, First-Out to calculate gains/losses.
  • 1099 Forms: If you exceed regulatory earnings thresholds, Kalshi will automatically issue a 1099-MISC or 1099-INT.

Always consult a tax professional to ensure your trading activity is reported correctly.

To see how Kalshi compares to another US exchange, see our review of the Polymarket promo code and FanDuel Predicts promo code.

Is Kalshi legit?

Yes. Kalshi is a federally regulated prediction market exchange in the U.S. It’s overseen by the CFTC, which makes it different from offshore or unregulated prediction platforms.

Kalshi User Experience: Expert Review

Don’t be surprised if Kalshi feels a little different the first time you log in. Unlike sportsbooks and DFS apps, it’s built around trading prediction markets, so there’s a bit more information on screen. The good news is that most users pick it up pretty quickly.

  • 💼 The Pro View: Best utility for closing line value and custom event markets.
  • ​🔧 The Utility: Real-time portfolio management allows you to exit positions early to lock in profits.
  • The Verdict: Superior option for serious market makers, but a steeper learning curve for recreational users.

Another plus is that Kalshi is legal in 42 states—online sportsbooks and most DFS apps can’t say the same.

Kalshi’s No Shares: Trading the Negative

Traditional sportsbooks force you into betting on something to happen.

Kalshi flips this dynamic entirely by allowing you to trade on the negative. Purchasing “No” shares is one of the most powerful tools in a market maker’s arsenal.

  • Look for Overreactions: When a popular team starts winning, the market can sometimes become overly optimistic. Rather than following the crowd, some traders look for opportunities where expectations may have moved too far in one direction.
  • Think Long-Term: Championship futures are influenced by more than talent alone. Injuries, schedule difficulty, and simple bad luck can all impact a team’s chances over the course of a season or tournament.
  • Manage Risk During Live Markets: One advantage of prediction markets is flexibility. If a market moves in your favor during a game, you may be able to lock in gains or reduce your risk before the final result is decided.
  • Stay on Top of the News: Weather, injuries, lineup changes, and breaking developments can all move market prices. Staying informed can help you react faster when new information becomes available.

Final Thoughts: Is the Kalshi Promo Code LABS Worth It?

If you want a federally regulated environment to trade on elections, weather, or sports, Kalshi is your top choice. By using our Kalshi promo code LABS you secure a low-barrier Trade $10, Get $15! offer that lets you test the exchange with minimal risk.

Ready to claim your next welcome offer? I’d recommend checking out the Underdog promo code.


Kalshi Promo Code LABS FAQs

Here are some FAQs about the Kalshi sign-up bonus and promo code:

What is the Kalshi sign-up bonus?

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The Kalshi sign-up bonus is Trade $10, Get $15! when you register with promo code LABS. Kalshi adds this site credit to your portfolio once you verify your identity and execute your first $10 in real-money trades. There are no hidden rollover requirements for this offer.

How do I claim the Kalshi promo code offer?

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To claim the offer, enter the Kalshi promo code LABS during registration on the Kalshi app or website. After signing up, you must complete your identity verification and place $10 in trades on any market to trigger the Trade $10, Get $15! bonus credit.

Can I get a Kalshi Promo Code on Reddit?

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Reddit can be a useful place to find discussions about Kalshi promotions, but the promo codes on Reddit can be unverified. Before using a code you find online, make sure it’s still active and is valid. FantasyLabs readers can use promo code LABS to trade $10 and receive a $15 bonus.

How do Kalshi referral bonuses work?

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The referral program rewards both you and a friend with a $25 bonus when they sign up via your link and meet trading requirements. Users can earn up to $1,000 in total referral rewards. Your friend can also use LABS during sign-up to ensure they receive the primary welcome offer.

Is Kalshi invite only?

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No. Kalshi is open to eligible U.S. residents and doesn’t require an invitation code to join. But, you can get a good sign-up bonus with promo code LABS. Create an account online, verify your identity, fund your account, and start trading on available markets right away.

What is Kalshi, and how does it work?

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Kalshi is a CFTC-regulated financial exchange where users trade “Yes” or “No” shares on the outcome of real-world events. Instead of traditional betting, you buy contracts on events like elections, economic data, and sports. Prices (1¢ to 99¢) reflect the market’s implied probability, and winning trades always settle at $1.

What types of markets can I trade on Kalshi?

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Kalshi offers hundreds of daily event contracts across sports, politics, economics, weather, and pop culture. You can trade on anything from NBA game winners and NFL Draft positions to inflation rates, Academy Award winners, and federal election results.

Is Kalshi legal and regulated?

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Yes, Kalshi is legal in 42 U.S. states and operates under the direct oversight of the Commodity Futures Trading Commission (CFTC). As a regulated financial exchange, it follows strict federal guidelines for fund security and consumer protection, making it a legal alternative to offshore betting platforms.

If you’re interested in DFS over predictions trading Kalshi, try out the Dabble promo code.

Kalshi
Trade $10, Get $15!
Must be 18 years or older and have a legal, U.S. residential address within the applicable state, D.C., or U.S. territories. Not available i...See More
LABS
Promo Code

About the Author

Stephen works as an editor. He's a D.C. sports fan from Coastal Virginia, and has an affinity for rooting for his favorite losing team: the Washington Wizards.