"Kalshi is a prediction market that has real-world events to trade. You buy YES or NO contracts as you predict what will happen. The contracts are listed in cents, and a correct prediction pays out $1 per contract. For example, you might see a YES contract for the Lakers to win listed at 65 cents. You can purchase multiple contracts if you want. Let's say you buy 10 YES contracts on the Lakers to win. The price will be $6.50."
"If they win the game, you will receive $10. The prices move based on supply and demand. Similar to a stock. Also, you can sell your contracts at any point. You might have purchased contracts for an event a year from now. If you want, sell the contracts for a profit or to avoid a big loss, depending on how the market moves."
Kalshi offers a promo code BNATION that grants a $10 bonus after registering, making a deposit, and completing at least $10 in trades. Users must be 18 or older and cannot withdraw the bonus. Kalshi operates as a prediction market where participants buy YES or NO contracts tied to real-world events. Contracts trade in cents and a correct outcome pays $1 per contract. Prices fluctuate with supply and demand and users can sell contracts anytime to lock profits or limit losses. Kalshi is not a sportsbook; prices reflect user activity rather than house odds.
Read at Bleacher Nation
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