Football fans looking ahead to the NFL preseason matchup between Dallas and Arizona can also take advantage of Kalshi’s current new-user promotion. Ahead of Saturday night’s kickoff at State Farm Stadium, new customers who sign up with the Kalshi referral code MLIVE, trade $25 in event contracts and complete the qualifying requirements can receive a $25 bonus.
Tonight’s matchup gives traders another opportunity to follow preseason market movement as roster decisions and playing-time announcements continue to shape expectations before kickoff. The active Kalshi sign-up offer is Trade $25, Get $25.
Kalshi promo code MLIVE at a glance
🎁 Kalshi promo code MLIVE💰 Kalshi new-user promo detailsTrade $25, get a $25 bonus✍️ Terms and conditions— Create an account and place a $25 trade within 30 days to activate the promo.
— Trading bonuses are non-withdrawable and expire seven days after receipt.
— Must be 18 or older and a new customer to claim the Kalshi welcome bonus.
— Kalshi is not available in the following states: AZ, IL, MA, MD, MI, MT, NJ, NV and OH.✅ Last verifiedAug. 22, 2026
How to claim a $25 bonus with the Kalshi referral code
- Visit any Kalshi referral code link or banner on this page.
- Enter promo code MLIVE during registration.
- Complete identity verification.
- Trade at least $25 in qualifying event contracts.
- Receive a $25 bonus credit after completing the promotion requirements.
Cowboys vs. Cardinals snapshot
The Cowboys and Cardinals meet in one of the weekend’s final NFL Preseason showcases, giving both coaching staffs another opportunity to evaluate depth-chart battles before the regular season. As always during preseason action, the biggest storyline may be how long starters remain on the field and which younger players seize expanded opportunities.
With roster competitions ongoing across both teams, market expectations can shift quickly as injury reports, coaching comments and quarterback plans become public. That uncertainty is one reason preseason markets often attract attention from traders looking to react to late-breaking information.
Dallas starter Dak Prescott likely will not play against Arizona as the Cowboys focus on who will back him up for Week 1. Look for Joe Milton and Sam Howell to get plenty of playing time Saturday as they compete for that role.
Kalshi markets for Cowboys vs. Cardinals
Kalshi currently lists Dallas as the market favorite in the game-winner contract. On the market page, Cowboys contracts are trading around $0.77, implying approximately a 77% chance of victory, while Cardinals contracts imply roughly a 23% chance. Market prices can move throughout the week as trading activity increases and team news becomes available.
Roster updates and playing-time decisions often influence preseason games, meaning prices will remain fluid ahead of kickoff.
Kalshi odds vs. traditional sportsbook odds
A 77% implied probability converts to roughly -335 American odds, while a 23% implied probability converts to approximately +335. Those figures provide a useful comparison for readers evaluating Kalshi markets alongside traditional sportsbook moneylines.
One key difference remains the structure. Online sportsbooks offer conventional betting odds through a bookmaker, while Kalshi operates an event-contract marketplace where prices fluctuate based on supply and demand.
Is Kalshi legal in Michigan?
Kalshi operates as a federally regulated event-contract exchange. Availability and regulatory status can vary by jurisdiction, and readers should verify their state’s current eligibility before opening an account or placing trades.
Michigan users in particular should confirm the latest availability information before signing up, as state-level scrutiny of sports event contracts has remained an ongoing topic.
Kalshi promo codeVerified statesTrading bonusALCOMCA, TX, NY, OK, NM, GA, SC, AL, AR, MS, NC, VA, TN, LA, KY, WA, OR, UT, ID, AK, HI, WY, CO, WI, MN, NE$25NJCOMNY, PA, WV, VT$25MLIVEFL, ND, SD, IN, MO, KS$25
Kalshi alternative: Claim a $20 bonus with the Polymarket promo code
Polymarket has made a splash with its prediction market — enough to become Kalshi’s biggest rival in the US. Look for many of the same markets on Polymarket and shop for the best price on the event you’re focused on.
Register using the latest Polymarket promo code MLIVE to claim a $20 bonus when you deposit $10.
Cowboys vs. Cardinals on Kalshi FAQ
What is the Kalshi referral code for the Cowboys vs. Cardinals?
The referral code is MLIVE, which unlocks the current Trade $25, Get $25 bonus offer for eligible new users.
How do I claim the Kalshi bonus?
Create an account, enter code MLIVE, complete account verification and trade at least $25 in qualifying contracts.
Is Kalshi legal in my state?
Availability varies by state. Check Kalshi’s current eligibility information before signing up.
What’s the difference between Kalshi and a sportsbook?
Kalshi allows users to buy and sell event contracts based on implied probability, while sportsbooks offer traditional betting markets through a bookmaker.
Disclaimer: Event contract trading involves risk of loss and is not suitable for all investors. 18+. Void where prohibited. See Kalshi’s terms and regulatory information for details.
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