How to Hedge Your March Madness Bracket at Kalshi

• The 2026 NCAA Men’s Basketball Tournament is underway, as a new college basketball champion will soon be crowned
• March Madness provides a multitude of opportunities to win, with some of the most profitable underdog odds of the year
• Find out how to hedge your March Madness Bracket using prediction markets like Kalshi

March Madness is in full swing as the 2026 NCAA Men’s Basketball Tournament is officially underway. With the first round of games coming to a close this evening, some hoops fans will be second-guessing their Sweet 16 picks, thanks to upsets like (#11) Texas over (#6) BYU.

While your bracket might be busted or on life support, there’s no need to worry, because prediction markets are your way back into the game this March. Offering an alternative to sportsbooks, college hoops fans nationwide can use prediction markets to profit from correctly picking winners throughout the tournament.

New users can claim the Kalshi referral code to unlock a $10 sign up bonus when they complete at least $10 in trades.

Hedge Your March Madness Bracket with Kalshi

While many college basketball enthusiasts will be hedging their brackets using sportsbooks, it’s not an option available to all fans, as sports betting is limited to about half the states throughout the country. Prediction markets, however, are available in over 40 states.

Availability is certainly not the only redeeming quality of prediction platforms, as they can often provide improved odds when compared with sportsbooks. That’s because prediction markets, like Kalshi, offer “Yes/No” (win/loss) positions based on probability ($0 to $1) rather than betting against the house on sportsbook odds.

As such, prediction markets can provide opportunities to take positions (like NCAA Tournament futures) with more user-friendly odds than those available on sports betting sites.

Take a look at the Kalshi market for the winner of the 2026 Men’s NCAA Basketball Tournament:

The Kalshi futures market for the Men’s College Basketball Champion currently lists the University of Arizona as the slight favorite to win the tournament. The Wildcats overtook Duke in the futures markets after the Blue Devils struggled mightily in their round one matchup vs. (#16) Siena, trailing for most of the game before rallying late. Arizona, on the other hand, looked the part of a championship favorite, dominating their round one matchup vs. Long Island University.

KALSHI TRADING

Offer

T&Cs

Trade at Kalshi & Get a $10 bonus when you sign up today!

Must be 18+ years or older & residing in the United States. Other Terms & Conditions may apply.

LOCK IN PROMO

CODE: DIME

CODE: DIME

SIGNUP TODAY

GET A $10
BONUS

GET OFFER

How to Sign Up on Kalshi for the NCAA Tournament

Kalshi is one of the top options for college basketball fans looking to hedge their bracket for the 2026 NCAA Tournament, and new users can score a lucrative bonus when they get started trading on the predictions platform. Follow the step-by-step process outlined below to claim the Kalshi sign up bonus and get a reward for predicting NCAA Tournament games.

1. Click here to get the Kalshi referral code DIME and download the Kalshi app from the Apple App Store (iOS) or Google Play (Android). Kalshi is also available as a website.
2. Enter the required information to register for an account (date of birth, email, phone number, Social Security number, street address, and photo ID).
3. Make a deposit using one of the safe and secure Kalshi payment methods.
4. Complete at least $10 in trades on markets like the 2026 NCAA Basketball Tournament.
5. Receive a $10 Sign Up Bonus to trade on a variety of Kalshi prediction markets.

Keep in mind that Kalshi is available in over 40 states throughout the country, including several locations where online sportsbooks are not currently legal. Follow the links on this page to claim the Kalshi promo code and score a $10 sign up bonus when you complete just $10 in trades.