Kalshi referral code ALCOM15 nets $15 bonus for France vs. Spain + MLB All-Star Game

It’s a great day to wrap up work a bit early with the World Cup semifinal between France and Spain at 3 p.m. ET followed by the MLB All-Star Game later tonight. Those exciting events also make it a great day to sign up for Kalshi and get an exclusive $15 bonus with the Kalshi referral code ALCOM15 when you trade $15 on today’s action.

Kalshi referral code ALCOM15 at a glance

How to activate the Kalshi referral code ALCOM15

Our readers can claim an exclusive Kalshi sign-up bonus that offers $5 more than the standard $10 offer. You must use the Kalshi referral code ALCOM15 to get the full $15 bonus. Here is a step-by-step guide to claim the offer:

Start by clicking one of the Kalshi promo code links or “Get Bonus” buttons on this page.
Select one of three ways to sign up using your email address or your Google or Apple account.
Follow the on-screen instructions to create your account.
Upload a photo of your ID and take a selfie to verify your identity.
Deposit at least $15 in your account. The minimum deposit is $1, but you will need $15 to claim the bonus.
Trade $15 on France vs. Spain, the MLB All-Star Game or any other markets.
Place new trades with your $15 bonus within 30 days.

Note: Deposits made with a debit card are charged a 2% processing fee, which will be removed from the amount deposited. If you deposit exactly $15, you will not have enough to claim the bonus after the fee is deducted. Choose a different payment method or add a bit extra if using a debit card.

How Kalshi works for France vs. Spain and the 2026 MLB All-Star Game

Kalshi is different from traditional sportsbooks, so there will be a small learning curve when you get started. Here is an overview of how Kalshi works.

Kalshi is not a sportsbook, so you do not place bets against the house like in sports betting. Instead, you trade contracts with other Kalshi users. Each contract represents the outcome of an event like today’s France vs. Spain game. Users receive $1 per contract if the predicted outcome occurs.

Contract prices fluctuate with trading activity, just like prices in the stock market or any other financial exchange. Kalshi prices tell you what the market thinks is the probability of an outcome occurring. For example, France is currently trading at 60 cents to advance to the World Cup final, which means the public thinks France has roughly a 60% chance of defeating Spain.

If you buy 25 contracts for France to advance, you will pay $15.42. That cost includes $15 for the contracts and a transaction fee of $0.42. If France advances, you will receive $25 and profit $9.58.

There is no “vig” or “house edge” on Kalshi since there is no “house,” so the transaction fee is how Kalshi makes money. However, fees only apply to transactions that are processed instantly.

You can also place a “limit order” where you offer to pay less than the current trading price, and that transaction usually does not execute immediately. It goes to the order book and waits for another user willing to sell contracts at your requested price (or lower). In that case, there will be no fees for that transaction.

Here is a live look at the current Kalshi prices for France vs. Spain, which might be different from the prices referenced above that were current at the time of writing.

Other regional Kalshi referral code options

Only the Kalshi promo code ALCOM15 nets a $15 bonus. Other codes offer $10. While the codes vary by state, you can use code ALCOM15 in any state to get the extra $5 in your bonus.

If you’re interested in Kalshi, you also may be interested in its top competitor: Polymarket. New users can get a $50 bonus when they sign up with the Polymarket promo code ALCOM and deposit $20.

Why the Kalshi referral code ALCOM15 is the best option tonight

Kalshi has gained popularity among sports fans in states like California and Texas where online sports betting is not legal. That’s a great reason to sign up for Kalshi, but it’s not the only reason.

Another good reason is that you can sell your open contracts any time at the current market price. This is similar to cashing out bets at sportsbooks. The difference is that you don’t always have an option to cash out your bets, and when you do you are not usually getting fair value. That is not the case with Kalshi.

Kalshi also gives you the option to set your own price for a trade using “limit orders.” While there is a risk that no other users will accept your price, it’s nice to at least have that option.

Those are both examples of Kalshi operating like a financial trading platform rather than a sportsbook. Another example is that Kalshi pays variable 3.25% interest on your cash holdings and open positions. When you deposit money at sportsbooks, that money does not earn anything while it sits idle in your account.

Finally, Kalshi offers hundreds of non-sports markets to trade on, which is why its marketing slogan is “Trade on anything.” Sports is the highest volume category on Kalshi, but other categories like politics and pop culture also get plenty of action. Here are a few examples of trending non-sports markets on Kalshi:

What will be the Federal Reserve’s decision on interest rates in July?
What will be the Bitcoin price on Friday at 5 p.m. ET?
What will be the top movie on Netflix in the US this week?
When will traffic at the Strait of Hormuz return to normal?
What will be the highest temperature in Los Angeles today?

Note: Event contracts trading involves risk of substantial loss and is not suitable for all investors. Prediction market content is not intended for individuals located in jurisdictions where they are prohibited.

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