Can You Bet on the Texas Senate Winner? Claim $50 in Bonuses from Kalshi and Polymarket

Can You Bet on the Texas Senate Winner? Claim $50 in Bonuses from Kalshi and Polymarket

You can unlock $50 in total welcome bonuses right now to trade on the Texas U.S. Senate race using promo code CHECK on Polymarket (for a $25 trading bonus) and code ODDSCHECKER on Kalshi (for a $25 bonus credit)!

Commercial sportsbooks like DraftKings, FanDuel, and BetMGM are legally prohibited from listing election odds under state gaming regulations.

Instead, prediction exchanges provide a legal way to trade on political outcomes. Regulated by the Commodity Futures Trading Commission (CFTC) as Designated Contract Markets (DCMs), platforms like Kalshi and Polymarket US let you buy and sell event contracts directly against other participants on whether Democratic nominee James Talarico or Republican nominee Ken Paxton will win the Texas Senate seat.

Below is your complete guide to claiming both welcome offers, comparing live Texas Senate odds across Kalshi and Polymarket, using your bonuses on the race, and deploying effective trading strategies ahead of Election Day.

Midterms Welcome Bonuses: How to Claim Your $50 in Credits

1. How to Claim the Polymarket $25 Promo Code for the 2026 Midterms

Redeeming your welcome bonus on the official US platform takes five simple steps:

Step 1: CLICK HERE or download the official Polymarket U.S. app

Step 2: Tap “I have a referral code” and enter CHECK

Step 3: Complete signup using your Apple or Google login

Step 4: Add a payment method and deposit at least $10

Step 5: Make your first qualifying trade - your $25 trading bonus is issued automatically (Bonus funds are non‑withdrawable, but profits from trades are yours.)

2. How to Claim Your Kalshi $25 Promo Code for the 2026 Midterms

Redeeming your welcome offer and unlocking your credit takes six simple steps:

Step 1: CLICK HERE or Visit Kalshi or download the app and start the sign-up process.

Step 2: Provide your date of birth and enter the Kalshi promo code: ODDSCHECKER.

Step 3: Enter a valid phone number and input the verification code sent to your phone.

Step 4: Accept the Kalshi Terms & Conditions and confirm your personal information, including your Social Security Number (SSN) (required for CFTC-regulated exchanges).

Step 5: Deposit funds using an approved payment method (ACH, debit card, USDC, or wire).

Step 6: Complete $25 in total trades across any available markets (sports, politics, finance, entertainment) to trigger your bonus. Note: multiple smaller trades count toward the $25 total!

Texas Senate Winner Odds Comparison: Kalshi vs. Polymarket

On prediction exchanges, political event contracts trade between 1¢ and 99¢ (or 1% to 99%). Winning contracts settle at $1.00 (100¢) in cash, while losing contracts settle at $0.00.

Here is how live odds and pricing compare across both platforms for the Texas Senate race:

Note: Pricing and volume update dynamically based on live market activity. Implied percentages and share prices may not sum to exactly 100% due to the bid-ask spread.

How to Use Both Promos on the Texas Senate Winner

Claiming both promotions gives you $50 in bonus power to deploy on the Texas Senate race across two separate order books:

1. Activate Both Accounts: Register on Polymarket with code CHECK and Kalshi with code ODDSCHECKER.
2. Fund and Qualify: Deposit $10 on Polymarket and fund your Kalshi wallet to complete the qualifying trade activity.
3. Execute Your Senate Positions:
4. Hedge or Split Your Exposure: With accounts on both platforms, you can use your bonuses to test different strategies—such as holding a long-term position through election night on one platform while actively trading shorter-term price swings on the other.

Best Ways to Trade on the Texas Senate Winner

Unlike traditional sportsbooks where a wager is locked until the final whistle, prediction exchanges operate with continuous secondary market liquidity:

• Ride Momentum Swings (Pre-Election Swings): Election contract prices fluctuate with every major polling release, debate performance, and campaign fundraising report. If you buy Paxton at 32¢ and a string of tightening polls lifts his contract price to 45¢, you can sell your shares back to the market immediately to lock in profits without waiting for Election Day.
• Capitalize on Bid-Ask Spreads: Because Kalshi and Polymarket operate independent order books, small price discrepancies and liquidity differences can occur. Tracking both platforms allows you to execute trades on whichever exchange offers the more favorable entry or exit price.
• Manage Risk with "No" Shares: If you are skeptical of the front-runner but do not want to fully commit to the challenger, buying "No" shares allows you to profit if the favorite's lead compresses or if the race tightens down the stretch.