Kalshi’s Random Bonus of Up to $2,000 Outlasts CFTC Warning on Chance-Based Rewards
Photo: Pixabay (illustration)
CFTC staff told prediction markets in August that rewards should not depend on chance. In October, Kalshi bonus codes promising a random payout of up to $2,000 were still running, while Kalshi sponsored CBS News’ midterm market data and CBS Sports ran Kalshi promo codes through affiliate links. Kalshi bonus codes that pay new customers a random amount of up to $2,000 were still being promoted this month, about eight weeks after CFTC staff warned prediction markets against chance-based rewards. The promotions also put CBS on both sides of Kalshi.
Source: Gambling Insider
