Briev
Live
Business

Kalshi offers $500 bonus for new users betting on MLB trade deadline

New registrants on Kalshi can enter promo code NYPMAX, place $25 in trades and receive up to $500 in bonus credits to wager on the upcoming MLB trade deadline.

Kalshi is promoting a limited-time bonus for new customers who wish to trade on the MLB trade deadline market. Participants must register, input the referral code NYPMAX, verify their identity and execute a minimum of $25 in contract trades to qualify for a $500 trading credit. The promotion covers the majority of U.S. states and territories, though it is unavailable in locations such as Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada and Ohio.

The bonus is aimed at fans tracking high-profile rumors involving teams like the Mets, Rockies, Angels, Blue Jays and the Padres, who may become sellers as the expanded playoff format reshapes the market. Kalshi emphasizes that event-contract trading involves substantial risk and is restricted to individuals 18 or older. The offer is subject to terms and conditions posted on Kalshi’s website.

Why it matters

The deal lets casual fans try prediction markets with a sizable bonus, but also highlights the financial risks of contract trading.

In this story

promo code NYPMAXprediction markettrading bonusKalshisports bettingcontract tradingexpanded playoffsnew user offer