How to Use Kalshi for Midterms: Trade Elections with Kalshi Promo Code RAD55
By Kevin Wolff in Politics News
Published:
- Election Day is here as voters nationwide cast their ballots for various races
- Kalshi is available to trade on the 2026 midterm elections as prediction markets continue to trend nationwide
- Find out how to use the Kalshi promo code RAD55 to get a bonus for trading on the midterms today
Election night is finally upon us, and the Kalshi promo code offers a $55 bonus for trading on the midterms. As votes are cast across the nation, now is the time to find out how to use Kalshi for the midterm elections to trade on politics prediction markets.
*Prediction markets are not available in Michigan, Nevada, and Ohio.
How to Use Kalshi for Midterms
The midterms are finally here, as House, Senate, Governor, and Mayoral races will finally be decided after months of campaigning. Prediction markets are available for eligible users in over 40 states across the country, and new users can claim the Kalshi sign up offer to get a bonus for trading on the midterm elections.
Kalshi is one of the best prediction markets for midterm elections, and the platform is available for eligible traders in over 40 states throughout the country. Kalshi traders can buy and sell positions on political markets, with trading options for election winners, margin of victory, Congress balance of power, and more.

It’s very straightforward to use Kalshi for trading on midterm prediction markets. Kalshi users trade event contracts for real world outcomes (like the midterm elections), and each contract is worth $1. Event contracts on Kalshi have two sides (one for each outcome), and each side is displayed by a price between $0.01 and $0.99. This price is the implied market probability (%).
Kalshi traders can buy and sell shares for either side of the election market, and when the race is called, the market will resolve based on the outcome. Users who bought contracts for the correct side will receive the full $1 value for each of their positions.
To give an example, let’s look at the Texas Senate election. Democrat James Talarico is currently favored, trading at 75%, which translates to $0.75 per share. If Talarico wins the election, traders who hold positions for that outcome would earn a profit of $0.25 per share.
Here’s how the math looks: $1 (Full Contract Price) – $0.75 (James Talarico Price) = $0.25 Profit.
Use Kalshi Promo Code RAD55 for Midterm Elections
Use the links on this page to claim the Kalshi new user bonus. New traders must sign up for an account using the link on this page and complete at least $25 in trades to activate the bonus. Once $25 in trading volume has been reached, the Kalshi welcome offer will award the new user a $55 bonus. The bonus from the Kalshi promo is awarded as $55 in non-withdrawable trading credits that can be used to trade on Kalshi prediction markets.
After years of writing as well as Data Analyst work for Pro Football Focus, Kevin Wolff is now a Sports Betting Writer for SportRadar, and more specifically, SBD. A graduate of Fordham University in NYC, Kevin is also a full-time dog dad when he's not writing.