The Cleveland Browns and New England Patriots wrap up their preseason schedules tonight with an 8 p.m. ET game on Prime Video. Both teams are expected to leave their starters and key backups on the bench, but that doesn’t mean you can’t trade on the game with Kalshi. Use the Kalshi referral code MLIVE to get a $25 bonus when you sign up and trade $25.

Kalshi referral code MLIVE at a glance

🎁 Kalshi referral codeMLIVE💰 Kalshi sign-up bonus detailsTrade $25, get a $25 bonus📝 Kalshi promo code terms and conditions— Must be 18+ to sign up
— Only new users can claim the bonus
— Must trade $25 within 30 days of signing up to receive the bonus
— Bonus cannot be withdrawn and expires after seven days.
— Kalshi is not available in the following states: AZ, IL, MA, MD, MI, MT, NJ, NV and OH.✅ Last verifiedAug. 27, 2026

How to activate the Kalshi referral code MLIVE

Claiming the Kalshi promo code MLIVE is quick and easy. Just follow these steps:

1. Click one of the Kalshi promo code links or “Get Bonus” buttons on this page.
2. Create an account using your email address or your Google or Apple account.
3. Verify your identity by uploading a photo of your ID and taking a selfie.
4. Make a deposit. The minimum is $10, but it’s a good idea to deposit at least $25 so you can make the minimum trade required to claim the bonus.
5. Trade $25 on Patriots vs. Browns or any other market.
6. Collect your bonus and use it within seven days.

How Kalshi works for trading on Patriots vs. Browns NFL Preseason Week 3

Sports fans are flocking to Kalshi to try their hand at trading on sports prediction markets. While prediction markets are similar to the best Michigan sportsbooks, they are not the same thing. New users must learn how Kalshi works and how it’s different from sports betting. Here is a quick overview.

Kalshi users buy and sell contracts predicting event outcomes in sports and other categories. You can buy “Yes” or “No” contracts for any potential outcome, and you receive $1 per contract if the predicted outcome happens.

Contracts cost between $0.01 and $0.99, and the price you see is the average of all trades for that market. As such, the price reflects the market’s view on the probability of an outcome happening. For example, contracts predicting the Patriots to win tonight’s game are trading at $0.57, which means the public thinks the Patriots have a 57% chance of winning.

To claim the Kalshi promo code, you need to trade $25, so you would need to buy at least 44 contracts for $25.08. There would also be a $0.76 transaction fee on that order, so the cost would be $25.84. Your payout if the Patriots win would be $44 (a profit of $18.16).

Nobody likes paying fees, but Kalshi transaction fees should not deter you from signing up. Those fees are the equivalent of the vig at sportsbooks, and the cost is comparable. But unlike sportsbooks, where you can never avoid paying the vig, some orders on Kalshi do not incur fees.

Kalshi prices are updated in real time, just like betting odds at online sportsbooks. You can also see charts showing the price history for most markets, like in the example below. This chart shows the real-time price for the Patriots vs. Browns game, which may differ from the price referenced above. You can also click this chart to see other markets for this game, like the point spread, over/under and player props.

Active Kalshi promo codes in your area

The Kalshi sign-up bonus is the same nationwide, but promo codes vary by region. Sign up with the code in the table below that corresponds to your state.

Kalshi codeVerified statesTrading bonusALCOMAK, AL, AR, CA, CO, FL, GA, HI, IA, ID, IN, KS, KY, LA, MN, MO, MS, NC, ND, NE, NM, OK, OR, SC, SD, TN, TX, UT, VA, WA, WI, WY$25NJCOMCT, ME, NH, NY, RI, VT$25PENNLIVEDE, PA, WV$25

NOTE: Must be 18 years or older and have a legal U.S. residential address within the applicable state, D.C., or U.S. territories. Not available in AZ, IL, MA, MD, MI, MT, NJ, NV and OH.

Alternative to the Kalshi referral code MLIVE

Just like many sports bettors have accounts at multiple sportsbooks, prediction traders have more options beyond Kalshi. Polymarket is another popular option, and it can help to sign up for both sites, as prices and trading volume may vary across platforms.

New users can sign up with the Polymarket promo code MLIVE to get a $20 bonus after depositing $10. While the Kalshi promo code offers $5 more, it’s nice that you get the bonus at Polymarket before even making a trade. You also need to risk less money to claim ($10 vs. $25 at Kalshi).

Why the Kalshi referral code MLIVE is the best option for Patriots vs. Browns NFL Preseason Week 3

There are pros and cons to prediction markets and sports betting. Here are five ways that Kalshi is better than the best sports betting apps.

1. Kalshi is available in more states: Kalshi is federally regulated by the Commodity Futures Trading Commission (CFTC), so it is legal nationwide, whereas sports betting legality is determined by each state. While some states like Michigan have banned Kalshi sports markets, it is still available in more states than online sportsbooks.
2. You can cash out any time at the market price: Since Kalshi is an open marketplace, you can sell your open contracts any time at market value. By comparison, sportsbooks only let you cash out certain bets, and you usually don’t get equal value.
3. You can offer any price: You don’t have to pay the market price on Kalshi. You can offer a lower price by placing a limit order, then wait and see if another user is willing to accept your trade at that price. In most markets, limit orders also do not incur fees if the transaction does not process instantly.
4. Kalshi pays you interest: When you have at least $250 combined between your cash balance and open positions, you will earn interest on your entire portfolio. The interest rate is variable and is currently 3.25%, comparable to a good savings account.
5. You can trade on more than sports: Kalshi also has prediction markets for politics, elections, pop culture, economics and more. You can trade on anything from who will win the 2028 U.S. Presidential election to which contestant will win your favorite reality TV show like “Big Brother.”

Note: Event contracts trading involves risk of substantial loss and is not suitable for all investors. Prediction market content is not intended for individuals located in jurisdictions where they are prohibited.

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