What is the Kalshi promo code, and where do I enter it?
The Kalshi promo code is CBSSPORTS55, which gives new users $55 in bonus trading credits after their first $25 in trades, according to cbssports.com. The offer is a US promotion, and Australia is named a restricted jurisdiction in the Member Agreement of Kalshi, a prediction market regulated by the CFTC (US) and not licensed in Australia.
The steps below are the sequence the offer describes. The brand's own published sign-up screens are the only place to confirm where the code field sits, and we cannot state its position.
- Create a new account, which is only open to eligible new users.
- Enter CBSSPORTS55 as the promo code during sign-up.
- Fund the account. The account minimum is A$14, and each payment method may set a higher minimum (see payments).
- Place trades totalling your first $25.
- Receive the $55 in bonus trading credits.
Step one is the obstacle for readers here. Because Australia is restricted, an Australian resident cannot treat this as an open invitation, and using a VPN to get around it risks the account.
How the $55 credit is earned: a trade-to-unlock offer
According to cbssports.com, the $55 in bonus trading credits is released only after the first $25 in trades, so it is a trade-to-unlock offer rather than a deposit match. The quoted figures give a simple ratio: $55 in credits for $25 in trading activity.
| Item | Detail |
|---|---|
| Type | Bonus trading credits (US promo) |
| Code | CBSSPORTS55 |
| Amount | $55 |
| Unlock condition | First $25 in trades |
| Wagering multiple | Not published |
| Expiry | Not published |
The credit is tied to trading, and the operator does not state a wagering multiple or an expiry date for it. That makes the real cost of the offer hard to price. Free spins, cashback and a deposit bonus are not part of this promotion.
Note that $25 is the trade volume needed, not a cost: it is the amount you put to work, and it can be lost on a losing contract. The $55 is therefore never guaranteed profit.
Who the sign-up credit suits, and where it falls short
The $55 credit suits eligible US-based new users who already plan to trade at least $25 on event contracts, and it falls short for Australians because the market is restricted. The Interactive Gambling Act treats sports event contracts differently from financial products, and ASIC has warned about offshore prediction markets.
- Suits: eligible new users who would trade $25 anyway and want extra credit.
- Suits: readers who want a clear threshold: $25 in trades to unlock $55.
- Falls short: Australian residents, since Kalshi names Australia as restricted and holds no licence valid here.
- Falls short: anyone wanting a published wagering multiple or expiry, because neither is stated.
- Falls short: anyone expecting a welcome bonus of the casino kind, since this is trading credit.
Our judgement: the ratio looks generous, yet it carries no protection for Australians. Kalshi restricts the country itself, while Polymarket faces an ACMA block, so neither offers an open, licensed route here. Australians who want exposure to event contracts should look at regulated brokers rather than chase this code. Anyone who feels trading is getting out of hand can contact Gambling Help Online and set deposit limits or take a break.
Before you claim: checking the terms for yourself
Before claiming, read the Member Agreement and the promotion terms on Kalshi's own site, because the CBSSPORTS55 figures come from cbssports.com and not from the operator's terms. Minimum age is 18+, and the bonus is described as a US promo.
Three checks matter most: whether your country is eligible, how the $25 in trades is counted, and when the credit is paid out. The operator does not publish a wagering multiple or expiry in the material we have, so confirm both in writing before depositing. The app is covered on the app page, but a download does not change eligibility.
Be wary of clone sites and unofficial apps that advertise the code. Any account opened through a workaround may be closed, with funds held while the operator reviews it.
FAQ Kalshi Bonus
Does the $55 credit count as profit I can withdraw?
The operator does not publish withdrawal rules for the credit. Treat it as trading credit tied to the first $25 in trades until its terms say otherwise.
Is there a deposit bonus or free spins offer?
The only reported promotion is the $55 in bonus trading credits after the first $25 in trades. Free spins, cashback and a deposit match are not listed.
Why does the code say US promo?
The offer is described as a US promotion tied to the code CBSSPORTS55. Australia is a restricted jurisdiction in the Member Agreement, so the offer is not aimed at Australian residents.
What is the minimum amount to start trading?
The account minimum deposit is A$14, though individual payment methods may set higher minimums. The $25 in trades needed for the credit is a separate threshold.
