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Cricket Prediction Markets Are Up For Grabs and Washington State Is Still On The Sidelines

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trophy logo on gradient background — Created by the Sports On Tap desk | Source : Sports On Tap (team logos property of their respective owners)

Alright, so Kalshi prediction markets are officially open for trading on cricket matches around the world, letting you trade event contracts and dive into one of the most popular sports globally. But here’s the kicker for us folks in the Emerald City: while most of the country can get in on the action, sports contracts on Kalshi are *currently unavailable* in Washington. Talk about a gut punch when everyone else is eyeing those trades!

What Kalshi Brings to the Table (For Everyone Else)

So, what exactly is Kalshi doing? It’s a federally-regulated prediction market exchange, which is pretty cool. It lets users trade on outcomes for cricket matches happening all over the globe. If you’re into that kind of thing, and you’re not in Washington, Michigan, or Nevada, then Kalshi is rolling out a pretty robust catalog with high liquidity for cricket markets. It’s all about trading event contracts during matches. It sounds like a fast-paced way to engage with the game, which is always something sports fans are looking for, right?

The $55 Bonus That Most States Can Claim

For new users who *are* in an eligible state, Kalshi is hooking them up with a sweet deal: a $55 trading bonus after your first $25 worth of trades. You just need to use the promo code CBSSPORTS55. To get in, new participants need to be 18 or older, have a legal U.S. residential address in an operating state, and complete the identity verification process. The minimum deposit is just $10, which isn’t bad at all. States like California, Texas, Florida, New York, and a whole bunch of others are good to go, but yeah, *not* Washington. You gotta make that first $10+ deposit and apply the code within three days of opening your account, then trade at least $25 on prediction markets within seven days.

The Fine Print, Especially for Us Here in Washington

Now, for those crucial details. The $55 bonus trading credits expire after seven days of receipt, so you can’t just sit on them forever. Also, you can only withdraw the profits from trades made using those bonus credits, and only after you’ve traded an amount equal to the bonus. Qualifying trades need to be priced between $0.03 and $0.97 per contract. And this is where it really stings for us: sports contracts are unavailable in MI, NV, and our very own WA. It means we’re watching from the sidelines while others potentially make moves on these cricket markets. To sign up, if you’re eligible, you just tap the “CLAIM BONUS” button, download the Kalshi app, and register. For everyone outside Washington, there’s a new way to get into the action, and for us, well, we just gotta wait and see if things change.

This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.

Originally reported by CBS Sports.

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