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1Quick Summary: August is here, and the race for the American League Cy Young Award (baseball’s best pitcher trophy) is heating up! New users can grab a Kalshi promo code CBSSPORTS for up to $500 in bonus credits after making just $25 in trades. The main contenders? Yankees rookie Cam Schlittler and Blue Jays ace Dylan Cease.
Imagine a stock market, but for real-world events instead of companies. That’s Kalshi!
CBSSPORTSIMPORTANT CALL OUT
- Bonus credits expire in 30 days and cannot be withdrawn as cash
- They’re for trading only — think of them as "house money" to practice with
- You get the bonus regardless of whether your trades win or lose
| Bonus Amount | % of Users Who Get It |
|---|---|
| $15 | 70% |
| $35 | 24% |
| $75 | 5% |
| $100 | 0.65% |
| $500 | 0.35% |
Pro Tip: Even the smallest bonus ($15) is free trading capital — that’s a 60% return on your $25 trade requirement!
Click the Sign-Up Link
Use this link or any "CLAIM BONUS" button on this page.
Create Your Kalshi Account
Enter your email, create a password, and verify your identity (standard for regulated platforms).
Make a Deposit
Add funds using your preferred payment method.
Trade at Least $25 in Event Contracts
Pick any markets you like — Cy Young, elections, economics, weather, etc.
| Pitcher | Team | Share Price | Implied Probability | Weekly Change |
|---|---|---|---|---|
| Cam Schlittler | Yankees | $0.50 | 50% | Down 4% |
| Dylan Cease | Blue Jays | $0.44 | 44% | Up 7% |
| Sonny Gray | Red Sox | $0.03 | 3% | — |
| Gavin Williams | Guardians | $0.04 | 4% | — |
What This Means: The market sees this as a two-horse race. Schlittler is still the favorite, but Cease is gaining momentum fast.
Kalshi takes user safety seriously. Built-in tools let you stay in control:
Legal Reminder:
Event contracts involve risk of substantial loss. Not suitable for all investors.
Check your local laws — participation may be restricted in some jurisdictions.
You are responsible for ensuring compliance with regulations in your area.
| Key Point | Details |
|---|---|
| Promo Code | CBSSPORTS |
| Bonus | Up to $500 in trading credits |
| Requirement | Trade $25 in event contracts |
| Bonus Expiry | 30 days (non-withdrawable) |
| Top Market | AL Cy Young: Schlittler ($0.50) vs. Cease ($0.44) |
| Best For | Baseball fans who want to trade on live sports outcomes |
| Safety | CFTC-regulated, built-in risk tools |
Not at all! The market prices (like $0.50) already reflect all public info. You’re just deciding: "Do I think the market is underestimating Cease’s momentum?" or "Will Schlittler bounce back?" Think of it like predicting a coin flip where the coin is weighted — and the weight changes after every game.
Yes. The $25 you trade is real money at risk. But the bonus credits are free — you get them after trading $25, win or lose. So your effective risk is lower.
Most people won’t (only 0.35% do). But even the $15 bonus (70% chance) is free money for trading. It’s a no-lose way to learn the platform.
No. Bonus credits are for trading only and expire in 30 days. But any profits you make trading with them are yours to keep and withdraw!
Kalshi is federally regulated by the CFTC, but some states have additional rules. The sign-up process will automatically check your location and let you know if you’re eligible.
The AL Cy Young race is entering its final, most exciting stretch.
With ~20 combined starts left between Schlittler and Cease, every game could flip the market.
Click Here to Claim Your Kalshi Bonus with Code CBSSPORTS
Trade $25 → Get up to $500 in bonus credits → Join the prediction market action today!
Disclaimer: This article is for informational purposes only. Prediction market trading involves risk. Please trade responsibly and within your means.