Tuesday used to be a dead day for Chicago bettors. Not this week. The Bears have a quarterback question hanging over Monday night, the Cubs open a home series tonight, the White Sox are in a real division race, and the Presidents Cup tees off at Medinah on Thursday. That is a lot of markets moving at once, and it makes this a good week to try the Kalshi promo code offer for new users: trade $25, get $25.
The trades do not have to win. They do not have to be on sports, either. Football, baseball, golf, and the November midterm elections all count toward the same $25.
Here is how the offer works, how a Kalshi price compares to a sportsbook line, and where I would look first this week.
How the Kalshi Promo Code Offer Works
The Kalshi welcome offer is based on trading volume, not results. You sign up, fund the account, and once you have traded $25, the bonus credit lands in your account.
The basic steps:
Be at least 18 and located in the United States Enter the promo code during registration, since you cannot add it later Verify your identity Deposit at least $10 Trade at least $25 in total within your first 90 daysThat $25 can be spread out. One $25 trade works. So do five $5 trades across five different markets, which is how I would do it if you are new and want to see how a few markets behave.
Win or lose, the volume counts. A bad first week still earns the credit. Terms can vary a little from code to code, including how long you have to use the bonus once it arrives, so read the details on the offer you enter before you deposit.
Chicago Bears head coach Ben Johnson looks on in the rain before a game against the Minnesota Vikings at Soldier Field. Mandatory Credit: Matt Marton-Imagn ImagesReading a Kalshi Price If You Bet at a Sportsbook
Kalshi is a federally regulated exchange, overseen by the Commodity Futures Trading Commission. It is not a sportsbook, and the way you use it is different.
Every market is a yes-or-no question. Contracts trade between $0.01 and $0.99. If you are right, the contract pays $1.00. If you are wrong, it pays nothing. So the price is the market’s estimate of the probability. A contract at $0.62 says the crowd thinks the outcome happens about 62 percent of the time.
Here is a quick conversion. A -400 favorite at a sportsbook implies about 80 percent. On Kalshi, that same outcome would trade near $0.80. Buy it there and you risk $0.80 to collect $0.20. Same math, different packaging.
The part sportsbook bettors love is the exit. You can sell a Kalshi contract before the event ends. If news breaks your way on Wednesday, you can take the profit on Wednesday instead of sweating the game.
The Bears Market Is All About One Hamstring
This is the market I would watch most closely this week, and it has nothing to do with the game itself yet.
Caleb Williams’ MRI showed no major hamstring damage, but Ben Johnson called him week to week and said he will likely miss some time. Tyson Bagent is expected to start Monday night against Philadelphia, with Case Keenum as the backup.
The line already told you how much Williams matters. Chicago was a 1.5-point favorite on the lookahead line. With Bagent expected to start, the Bears flipped to about a 3.5-point home underdog. That is a five-point swing on one player.
Why does that matter on Kalshi? Because a contract on the Bears is really a contract on Williams’ status right now. If you think the market has overreacted and there is any chance he plays, a Bears contract bought today could be worth more by Saturday. If you think Bagent starts no matter what, the price probably has not finished falling. Either way, the ability to sell before kickoff is the whole point here.
Cubs, White Sox, and the Presidents Cup
The rest of the Chicago board is busy too.
The Cubs host the Marlins at Wrigley Field tonight in the first game of a three-game series. This late in September, postseason contracts react to every game. The White Sox open a three-game series in Kansas City tonight. They are chasing Cleveland in a tight AL Central race, and the Royals, already eliminated, play the Guardians right after this series. Division contracts on the Sox could swing hard by Thursday. The Presidents Cup runs Thursday through Sunday at Medinah. Kalshi’s team market had the United States around $0.80 to $0.81 in the week before the event, which lines up almost exactly with the -400 sportsbooks are offering. If you think the Internationals have a better chance than about 1 in 5, that is where you would buy.The golf market is a good one for new users. It is a simple question, the price is easy to read, and it resolves in five days.
Aug 14, 2026; Detroit, Michigan, USA; Chicago White Sox first baseman Munetaka Murakami (5) celebrates in the dugout after hitting a solo home run against the Detroit Tigers in the fourth inning at Comerica Park. Mandatory Credit: Lon Horwedel-Imagn ImagesBeyond Sports: Politics and Everything Else
This is the part that separates Kalshi from any sportsbook. The midterm elections are in November, and there are contracts on races, party control, and a long list of other political outcomes. There are also markets on economic data, interest rates, and weather.
Should you trade them? Only if you actually know something. A Senate contract works exactly like a Bears contract. If you would not bet a race at that price, do not buy it just because it is there. But if you follow a race closely and the price looks wrong, that trade counts toward your $25 the same as anything else.
Mixing categories is a smart way to learn, too. Sports prices jump on news. Political prices tend to drift for weeks and then move all at once. Seeing both teaches you a lot about how markets react to information.
Where Kalshi Is Available
Kalshi is available across most of the country, but sports contracts have faced state-level challenges this year, and Illinois is still an open legal question. Access can change quickly. The simplest check is to open the app where you are and see what loads.
Mistakes New Kalshi Traders Make
The first is buying cheap contracts because they look like lottery tickets. A $0.07 contract pays well when it hits. It also loses about 93 percent of the time.
The second is overtrading. Selling early is useful, but flipping a position every time the price twitches adds up fast, both in fees and in bad decisions. Have a reason to get in and a reason to get out.
The third is forgetting who is on the other side. At a sportsbook, you are betting against the house. On Kalshi, another trader chose to sell you that contract at that price. What do they know that you do not?
Sacramento Kings guard Darren Collison drives against Chicago Bulls forward Taj Gibson and guard Kirk Hinrich.Kalshi Promo Code FAQ
How do I get the Kalshi $25 bonus?
Register with an eligible promo code, verify your identity, deposit at least $10, and trade at least $25 within 90 days. The bonus credit is added once you cross that threshold.
Do my trades have to win to earn the bonus?
No. The offer is based on volume, not results. Winning and losing trades both count toward the $25.
Can I use political markets to qualify?
Yes. Sports, politics, economics, and other categories all count toward the qualifying volume.
How old do you have to be to use Kalshi?
Kalshi requires users to be at least 18. It is regulated federally as an exchange, not by state gaming commissions, which is why the age requirement differs from the 21 minimum at most sportsbooks.
Who is starting at quarterback for the Bears on Monday night?
Tyson Bagent is expected to start against Philadelphia after Caleb Williams’ hamstring injury. Ben Johnson called Williams week to week, and the Bears moved from a small favorite to about a 3.5-point home underdog.
Responsible Gambling
A prediction market can feel more like investing than betting. The app looks like a brokerage account, and everything is described as trades and contracts. Do not let the packaging fool you. Money lost on Kalshi is gone just like money lost on a parlay.
Decide how much you are comfortable losing before you deposit, and treat that as a hard limit. Keep each position small compared to your bankroll so one bad week does not empty the account. If you catch yourself adding money to win back losses, that is the time to stop.
Set the limit tools in the app early, before you need them. Being able to trade any time of day is convenient, and it also makes it easy to spend more time and money than you planned. This should make a Monday night game or an election night more fun. If it stops being fun, take a break and get help if you need it.
21+. Gambling problem? Call 1-800-GAMBLER. Responsible Gaming Resources
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