"Is Kalshi a Sports Betting Site? No. It's a prediction market. You can make trades on real-world events like sports, politics, pop culture, and more. On the platform, you will find contracts to buy and sell. The contracts are listed in cents, and each one wins $1. You can purchase multiple contracts on the same event and sell at any time."
"What is a YES Contract on Kalshi? A YES contract on Kalshi is just another way of saying that you are predicting that something will happen. For example, you might see an NBA game between the Knicks and 76ers where the Knicks have a YES contract of 55 cents. If you purchase that contract, it will cost 55 cents, and you are predicting that the Knicks will win. If they do, you would get $1 for that contract."
New users who enter the promo code BNATIONMAX and complete registration, identity and location verification can earn a $10 bonus after making at least $10 in trades. Users must be 18 or older and make a first deposit before trading. The $10 bonus is credited after meeting the trade requirement and cannot be withdrawn. Kalshi operates as a prediction market for events across sports, politics, and pop culture, where contracts trade in cents and resolve to $1 if correct. A YES contract indicates a prediction that an outcome will occur. The platform offers iOS and Android apps and requires location eligibility.
Read at Bleacher Nation
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