Kalshi Promo Code LABS: Trade $25, Get up to $500 (August 2026)

The current Kalshi promo code is LABS. New users who enter it during signup and complete $25 in qualifying trades can receive $15, $35, $75, $100, or $500 in bonus credit.

Kalshi is a CFTC-regulated prediction market where users trade contracts on sports, politics, economics, weather, and other real-world events. Contract prices move with market demand, and traders can sell a position before settlement when a matching order is available.

Use promo code LABS to access Trade $25, Get up to $500! Below, you’ll find the eligibility rules, qualification steps, funding options, and details to check before placing a first trade.

TL;DR

• Kalshi’s welcome offer is Trade $25, Get up to $500!: new users who enter promo code LABS at signup and complete $25 in qualifying trades receive a bonus credit of at least $15, up to $500.
• Kalshi is a CFTC-regulated prediction market, legal and available to users 18+ in most U.S. states (excluding AZ, IL, MA, MD, MI, MT, NV, OH, and WA).
• The bonus is trading credit, not cash: it carries a 1x rollover and must be used within 7 days of being granted.
• Kalshi markets cover sports, politics, economics, weather, and entertainment, with contracts settling at $1 or $0.
• Unlike a sportsbook, Kalshi lets you buy and sell positions before an event ends, since prices move with market demand.

Does Kalshi Have a Sign-Up Bonus?

Yes. New users who register with promo code LABS and complete $25 in qualifying trades can get bonus credit worth $15, $35, $75, $100, or $500.

The amount is randomly assigned, and the credit must be used within seven days and traded once before eligible proceeds can be withdrawn.

Where Is the Kalshi Promo Code Available?

The LABS offer is unavailable in nine states, but the restriction isn’t uniform. In AZ, IL, MA, MD, MI, MT, OH, and WA, sports markets are blocked while politics, economics, and other contracts remain tradeable. Nevada blocks Kalshi entirely for now: the two sides settled in late July, and Kalshi agreed to have GeoComply-based geofencing fully in place by August 12, 2026, or pay $120,000 a day until it’s done.

Promo eligibility and market access are separate. You may be able to create a Kalshi account while certain sports contracts remain unavailable in your location. Check the terms during signup before depositing, since these restrictions can change.

Kalshi Welcome Bonus vs Competitors

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

How the Kalshi Offer Works

Kalshi

Trade $25, Get up to $500!

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Res...See More

LABS

Promo Code

Claim Now!

After funding your account, you can complete the $25 requirement in one eligible trade or split it across several smaller ones on qualifying markets. Each executed trade counts toward your progress immediately, even before the event resolves.

Once you reach $25 in qualifying trading volume, the bonus becomes available through your onboarding checklist. Any credit you receive has to be used within seven days.

How Much of the Bonus Do You Get

The bonus is a variable reward, so the exact amount is assigned within a set range. Every qualifying user gets at least $15, and a small share get more.

• $15: 70% of participants
• $35: 24% of participants
• $75: 5% of participants
• $100: 0.65% of participants
• $500: 0.35% of participants

How to Claim the Kalshi Bonus

To claim the Kalshi welcome bonus, you can complete the $25 requirement with one trade or spread it across several markets. The trades don’t need to win, and you don’t have to wait for them to settle before they count toward the offer.

1. Open Kalshi through a FantasyLabs link.
2. Enter promo code LABS during registration.
3. Verify your identity and location.
4. Deposit at least $10.
5. Complete $25 in qualifying trades within 30 days of opening the account.
6. Claim the bonus shown in your onboarding checklist.

You’ll need enough available cash to place $25 in total trades, even though the minimum deposit is $10.

Popular Kalshi Markets for New Users

Kalshi lists contracts across sports, politics, economics, weather, culture, crypto, and other categories. Sports traders can find individual games, player props, season awards, playoff markets, and championship futures.

On Kalshi’s own pro baseball championship market, the Los Angeles Dodgers remain the clear favorite, with the field including the New York Yankees, Boston, and Milwaukee well back. Kalshi’s own reporting has shown the Dodgers’ price moving between the mid-30s and low-40s in recent weeks, so check the live order book for the exact number before you trade.

For a first trade, pick a market with clear settlement rules and enough activity to buy or sell without a wide gap between prices. Read the rules before submitting the order, especially when the result depends on a specific data source, deadline, or definition.

Kalshi also offers a separate demo environment funded with mock money, which is useful for getting comfortable with order types and price movement before putting cash into the account.

US Sports Events Available for Trading on Kalshi

Kalshi Combos, Hedging, and Early Exits

Kalshi Combos let you bundle a few related outcomes into a single trade instead of placing separate bets. The list of available combos changes often, and the price you see updates in real time. Sometimes your order may not go through if no one is willing to trade at your price.

You can also exit a trade early by selling your contracts before the event ends, as long as there are enough buyers or sellers in the market. In some cases, traders may open an additional position to offset part of an existing one and reduce exposure. Before doing either though, check the price difference (spread), any fees, and the rules for when the market settles.

Kalshi Promo Code vs. Referral Link

New users can enter LABS during signup or register through any of the links here that applies the code automatically. Kalshi may also allow the code to be added within 72 hours of account creation, provided you haven’t made your first deposit.

On the other hand, existing users can find their personal referral link under Menu, then Referrals or Invite Friends. Reward amounts, trading requirements, and referral limits can vary, so check the Rewards section for the terms attached to your account.

Kalshi vs. Polymarket

Kalshi and Polymarket both offer prediction markets, but they work a bit differently when it comes to regulation, funding methods, and availability.

Is Kalshi Legit and Regulated?

Yes. Kalshi operates as a Designated Contract Market regulated by the Commodity Futures Trading Commission. Users must verify their identity before trading, and two-factor authentication is available as an added account-security setting.

Federal regulation doesn’t guarantee a profit or deep trading activity in every market. It also doesn’t mean every contract category is available in every state. Availability can change as state agencies and courts continue to challenge some sports event contracts.

Kalshi Deposit and Withdrawal Methods

Kalshi accepts ACH bank transfers, real-time payments (RTP), debit cards, PayPal, Venmo, Cash App, crypto, and wire transfers. The usual minimum deposit is $10, while wire transfers require at least $1,000.

Processing times and outside fees can depend on the bank, card issuer, wallet, or blockchain used.

Does Kalshi charge “vig” like sportsbooks?

Kalshi doesn’t charge a traditional sportsbook vig. Instead, it applies transaction fees based on the contracts you trade.

• Kalshi Commission: Instead of charging flat commissions or subscription fees, Kalshi generates revenue through transaction fees.
• Trading Fees: Kalshi’s fee scales with contract price, highest for contracts near 50¢, smallest near 1¢ or 99¢, and is shown on the order ticket before you confirm.
• 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 Documents

Kalshi provides tax documents when an account meets the applicable reporting thresholds.

Depending on your activity, those documents may include:

• Form 1099-INT for interest
• Form 1099-MISC for credits and rewards
• Form 1099-B for certain transactions
• Form 1099-DA for digital-asset reporting

Users can also download a profit-and-loss statement. Kalshi calculates gains and losses using FIFO accounting, which treats the first contract purchased as the first one sold.

Tax treatment depends on the transactions in your account and your individual filing situation. A tax professional can help determine how the documents should be reported.

Responsible Trading on Kalshi

Prediction market trading involves real financial risk, and no strategy guarantees a profit. Only trade with money you can afford to lose, and treat any welcome bonus as a way to explore the platform, not as a substitute for a budget.

Here are some responsible trading tools and tips you can implement:

• Set limits before you start. Decide how much you’re willing to trade and stick to it.
• Don’t chase losses. Trying to win back a losing position with a bigger one is how small losses become large ones.
• Treat it as entertainment, not income. Kalshi is a market, not a paycheck.

If trading is starting to feel like a problem for you or someone you know, help is available 24/7 through the National Problem Gambling Helpline at 1-800-GAMBLER.

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

Kalshi’s welcome offer is one of the most honest in prediction markets: $25 in trades guarantees at least $15 in credit, the 1x rollover is lighter than any sportsbook equivalent, and you’ll know your amount immediately. Pair it with the platform’s real edge, selling out of positions before events settle, and it’s an easy first stop for new traders.

Ready to start? Sign up with Kalshi promo code LABS to Trade $25, Get up to $500!

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

Updated on 8/15/26

Kalshi

Trade $25, Get up to $500!

Bonus Code

LABS

Claim Now!

Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information. Not available in AZ, IL, MA, MD, MI, MT, NV, OH, and WA.

Kalshi Promo Code LABS FAQs

What is the Kalshi sign-up bonus?

New users who register with promo code LABS can Trade $25, Get up to $500!*

*Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at kalshi.com/tc/500. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information. Not available in AZ, IL, MA, MD, MI, MT, NV, OH, and WA.

How do I claim the Kalshi promo code offer?

Enter LABS during registration, verify your identity, and complete $25 in qualifying trades within 30 days of opening your account.

Is the Kalshi bonus withdrawable?

The reward is trading credit, not cash. You must use it within seven days and trade an amount equal to the credit before eligible proceeds can be withdrawn.

Can I qualify if my first $25 in trades loses?

Yes. Qualification is based on completing $25 in eligible trades, not on whether those trades win.

What markets can I trade on Kalshi?

Kalshi offers event contracts across sports, politics, economics, weather, culture, crypto, and other categories. Available markets can vary by location.

Is Kalshi legal and regulated?

Kalshi is regulated by the Commodity Futures Trading Commission as a Designated Contract Market. Access to the platform, individual markets, and the LABS offer can vary by state.

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