"Is Kalshi a Sportsbook? No, Kalshi is not a sportsbook. It doesn't have bets. It's a prediction market with real-world events in categories like culture, politics, finance, sports, and more. You don't make bets against a line that is set by the house. You make trades and make predictions. Kalshi is also not getting a cut of each trade like a sportsbook does with the vig on each bet."
"How Do Trades Work? There are YES and NO contracts on Kalshi that you can trade. If you think something will happen, you buy a YES contract. If you think it won't, you buy a NO contract. These contracts are listed in cents, and one contract pays $1. The prices move based on supply and demand. For example, you might see a YES contract for the Knicks to beat the Celtics listed at 55 cents."
Use promo code BNATIONMAX to receive a $10 bonus after making $10 worth of trades on Kalshi. Download the Kalshi app, enter BNATIONMAX, verify age 18+, make a first deposit, and trade at least $10 on real-world events to qualify. Bonus bets are not withdrawable. Kalshi operates as a prediction market offering YES and NO contracts across categories like culture, politics, finance, and sports, with contracts listed in cents and paying $1 if correct. Contracts can be bought or sold at any time based on price movement from supply and demand. Example markets include college basketball matchups such as Houston vs Iowa State.
Read at Bleacher Nation
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