Kalshi offers $500 bonus for new users betting on MLB playoffs

Kalshi, a leading prediction-market platform, has launched a limited-time promotion for newcomers who wish to trade sports contracts. By entering the referral code NYPMAX, signing up, verifying their account and completing $25 in trades, users become eligible for a bonus of up to $500. The incentive covers a range of markets, from MLB playoff scenarios to NFL games, WNBA matches and international soccer.

Kalshi’s service is available in the majority of U.S. states and territories, with exclusions that include Arizona, Illinois, Maryland and a few others. Community traders on the site currently assign the Houston Astros a 54% probability of reaching the postseason, while the Seattle Mariners and Texas Rangers sit at 44% and 40% respectively. The promotion is restricted to new participants, requires users to be 18 or older, and is governed by the platform’s terms and conditions.