"On Kalshi, you are making trades on YES or NO contracts for real-world events in categories like sports, finance, culture, politics, and more. Contracts are listed in cents, and you earn $1 for each contract that wins. The prices move based on supply and demand. You can even see how much money is being traded for a particular event. This is different than a sportsbook because you aren't betting against a house that is taking a cut of your money."
"There are prediction markets for NBA games like the Lakers taking on the Spurs tonight. The game tips off at 10:30 pm ET. The Spurs are trading with a YES contract of 74 cents. Let's say you purchase 100 contracts on the Spurs to win. That would cost you $74. If they beat the Lakers tonight, you would get $100."
Register with Kalshi using promo code BNATIONMAX, deposit, and make $10 of trades to unlock a $10 bonus that cannot be withdrawn. Kalshi offers YES/NO contracts priced in cents across categories such as sports, politics, culture, and finance. Each winning contract pays $1 and prices change by supply and demand, with user-driven markets rather than a house taking a cut. Users can buy or sell contracts anytime and view how much money is being traded on events. NBA markets exist, for example buying 100 Spurs contracts at $0.74 costs $74 and pays $100 if the Spurs win.
Read at Bleacher Nation
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