March Madness is here, and college hoops fans can capitalize on the growth of prediction markets as the round of 64 starts up. Make your predictions for individual games or pick schools like Duke, Michigan and Arizona to win the whole thing.
Prediction markets are a bit different than placing a bet with a sportsbook. They present additional opportunities to either make a profit or mitigate losses, as you will have the ability to buy and sell your positions at any moment. So, maybe you predict a team like BYU to win today, and they take a big lead against Texas. You could sell your position at that moment for a profit.
The same goes for if you pick a team to win the title, you could sell those contracts if they end up making the Final Four and still come out with a profit.
Kalshi Promo Code NEWSWEEK: Claim $10 Trading Bonus
Kalshi is one of the most popular prediction market platforms, and the sign-up reward is very easy to activate. You just have to make $10 in trades for March Madness to get $10 in bonuses. The initial $10 in trades can be split up into multiple transactions. Once you reach that threshold, you will have your $10 in bonuses credited to your account.
March Madness is in full gear, but Kalshi is also known for the wide variety of prediction markets that are available for other sports and categories like politics.
Novig Promo Code NEWSWEEK: Get 10% Discount Up To $100
The Novig welcome offer provides multiple rewards, with the 10% discount standing out the most in this package. This can be used to make your first order, and is capped at a $100 discount.
Users can also start in the free portion of the Novig app. This welcome offer provides 1,000 in Novig coins as well as 5 in Novig Cash. The free area of the app allows you to get familiar with how it all works without risking your bankroll. You will be free to go to the standard portion of the app and make use of your 10% discount when you are ready.
OG Promo Code: Get 5 Days Of 100% Profit Boosts
The OG.com offer is one of the best in the industry, as it provides five days of 100% profit boosts. These boosts can be used for a total of $100 in trades ($20 each). You will be greeted with one 100% profit boost each day for your first five days.
OG.com is powered by the popular cryptocurrency exchange, Crypto.com, which is running its own prediction market offer that we will go through. OG was launched just before this year’s Super Bowl, so it is still gaining traction, and March Madness is the time to act.
Crypto.com Promo Code: Up To $50 In CRO Bonuses
We have a few steps to go through with the Crypto.com offer, which can be used to get up to $50 in CRO bonuses. After you sign up, make a cryptocurrency trade. Then, trade that CRO for any March Madness game to get up to $50 in bonuses with this offer.
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