Trading cricket prediction markets through Kalshi is open to fans of one of the world’s most popular sports. The exchange is federally-regulated, which means you can trade on outcomes for cricket matches from around the world. This Kalshi cricket guide explains how to trade these markets. Once you’ve made your first $25 worth of trades, you can claim a $55 trading bonus.
The Kalshi Cricket Offer
The federal government regulates Kalshi, which makes it legal to run, even though certain states place limits on the kinds of markets that can be offered. Kalshi operates markets tied to cricket matches across the globe, with the guide concentrating on T20 Internationals.
New users get a $55 bonus after trading $25 worth of contracts. The catch is the 30-day window. Other Kalshi offers force users to trade $25 within seven days of opening an account, so this one gives new users more time to get comfortable with the platform.
These extra credits cannot be taken out at all. Instead, they need to be spent on trades before any profit can be removed, and they expire seven days after being given out.
Signing Up With the Referral Code
To sign up on Kalshi, you need to meet a few requirements. You must be 18 years of age, reside in a state where the exchange operates, and hold a valid U.S. residential address. Additionally, you will need to use the promo code CBSSPORTS55 to secure the bonus offer.
The steps are simple:
- Tap the CLAIM BONUS button and download the Kalshi app.
- Register for a Kalshi account and enter your name, address, phone number, and SSN.
- Tap the green “Deposit Cash” button, choose your deposit method, and follow the prompts.
- Trade at least $25 in contracts within 30 days of opening the account.
The guide points out that users wanting more than one cricket prediction market app can sign up for the latest Polymarket promo code, which is a quiet reference to competition. Still, the Kalshi offer remains the primary attraction.
How Cricket Prediction Markets Work
Kalshi sells shares tied to specific outcomes, with each share trading at a price ranging from $0.01 to $0.99. Should the outcome materialize, each share pays out a fixed amount of $1.00. The price on the market indicates what the collective view is regarding the likelihood of that particular result occurring.
Here is how the pricing works:
| Share Price | Percentage | Odds |
|---|---|---|
| $0.10 | 10% | 10.0x |
| $0.20 | 20% | 5.0x |
| $0.30 | 30% | 3.33x |
| $0.40 | 40% | 2.5x |
| $0.50 | 50% | 2.0x |
| $0.60 | 60% | 1.67x |
| $0.70 | 70% | 1.43x |
| $0.80 | 80% | 1.25x |
| $0.90 | 90% | 1.11x |
The odds are not set, according to the guide, because share prices shift with the flow of money in. This is what draws traders who believe they can spot a contract priced out of line.
Featured Match: Bangladesh vs. Malaysia
A T20 International featuring Bangladesh and Malaysia is set for 12:30 a.m. ET on Tuesday, September 29, according to Kalshi’s featured match list. The two sides are described as closely matched, with each side looking to build its standing against a strong rival.
Kalshi’s prices for the contest are listed as of September 28:
- Bangladesh win: $0.66 per event contract
- Malaysia win: $0.38 per event contract
A single contract pays out at $1. That is the full setup: purchase a share, sit tight until the outcome is known, then claim your reward if your choice was correct.
Responsible Trading Tools
Kalshi offers several tools to help users control how much they trade. A trading break can be activated to stop trading for one day or longer. There is also a voluntary self-exclusion feature that lets users limit their own access to Kalshi markets for a term they set themselves.
Users can establish a personal deposit ceiling that limits how much money they contribute each month, and they retain the power to raise it or extend it throughout the term. These resources are found on both the Kalshi home page and inside account settings.
Kalshi also warns that 100% loss can occur. The guide directs concerned users to call or text 1-800-MY-RESET for help with trading behavior.
The Catch With the Bonus
Kalshi’s cricket guide pretends to be advice when it is actually a marketing document. It covers how prediction markets operate, yet the substance on offer is scant. The promo code CBSSPORTS55 is the real draw here, with the rest of the material existing merely to steer readers toward claiming it.
The 30-day window is the offer’s strongest argument. Other Kalshi bonuses force users to trade fast, and this one gives new accounts room to breathe. Whether that helps responsible trading is debatable, since the tools exist separately from the bonus conditions.
Several places change their rules about what products people can buy without warning, and the guide names a long list of them: AR, AZ, CT, IL, KY, LA, MA, MD, MI, MN, MT, NC, NJ, NM, NV, NY, OH, RI, TN, UT, WA and WI. The offer itself is not available in a smaller set of those same places: AR, AZ, IL, LA, MA, MD, MI, MN, MT, NJ, NV, OH and WA.
The exchange Kalshi operates legally, being federally regulated as a prediction market, while the firm has also developed tools for users who wish to exit.
The $55 bonus serves as a modest incentive for casual fans to spend $25, while serious traders find their interest drawn by the markets themselves, a fact the guide makes no attempt to conceal.
This Kalshi cricket prediction market guide exists mostly to push a promo code. It functions as pure advertising, and it does deliver on its promise.
Source material: “Kalshi cricket 2026: How to trade on cricket prediction markets,” CBS Sports.
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