The 2026 college football season is months away, but the opportunity to stake your claim on who wins the biggest individual award in the sport is open for business, as the 2026 Heisman Trophy winner can be traded on Kalshi, which offers new users a $10 bonus after $10 in trades with the latest Kalshi promo code CBSSPORTS. Indiana quarterback Fernando Mendoza went from under-the-radar to the Heisman Trophy winner last year, so is there someone to back before the start of the 2026 college football season to do the same? Two quarterbacks from big-time programs currently top the market, with Notre Dame's C.J. Carr and Texas' Arch Manning priced at $0.14 per share to win the 2026 Heisman Trophy. Claim your $10 bonus after $10 in trades here with the Kalshi promo code CBSSPORTS:
For the full terms and conditions and how to claim the promo, read our Kalshi promo code review.
How to claim the Kalshi promo code
New users can utilize the Kalshi promo code to receive this offer. For those who haven't claimed Kalshi and want a $10 cash bonus, use the steps below. Here is how to sign up.
- Click "CLAIM BONUS" on this page or click here.
- Sign up for a Kalshi account and make a deposit.
- Trade at least $10 in event contracts.
- Receive your $10 bonus regardless of the trade outcomes. The credit expires in 30 days and cannot be withdrawn.
After making the first $10 in trades with the Kalshi promo code, new users will be given a $10 bonus:
Kalshi Heisman Trophy trading preview
A quarterback has won the Heisman Trophy in 13 of the last 16 seasons, dating back to Cam Newton's 2010 Heisman campaign. Given how pass-heavy football has become, it's no surprise that signal callers are near the top of the list of most likely Heisman winners. The first nine players listed at the shortest prices on Kalshi are all quarterbacks.
Wide receiver Jeremiah Smith has the lowest price for non-quarterbacks. The Ohio State phenom and cousin of NFL quarterback Geno Smith is averaging 81.5 receptions for 1,279 yards and 13.5 touchdowns over his first two college football seasons. He's NFL Draft eligible after this season and could be the first non-quarterback selected, as he's expected to have another huge season at Ohio State.
Smith is priced at $0.04 per share to win the 2026 Heisman Trophy. Only three wide receivers have ever won the Heisman, but Smith could have the natural ability and offensive involvement to add his name to that elusive list. Notre Dame's C.J. Carr and Texas' Arch Manning are priced at $0.14. Smith doesn't have the lowest price on his own team, however, as quarterback Julian Sayin is priced at $0.09 per share after throwing for 3,610 yards last season. Claim the latest Kalshi promo code CBSSPORTS when you sign up for Kalshi here:
Responsible Risk Management
Kalshi prioritizes keeping its users safe. Kalshi offers various risk management tools for traders that can be used at any time, including trading breaks, voluntary opt-out, and a personalized funding limit.
Prediction Markets are regulated by the Commodity Futures Trading Commission (CFTC) - an independent agency of the U.S. federal government.
Event contracts trading involves a risk of substantial loss and is not suitable for all investors. Participation in prediction markets is subject to applicable eligibility requirements. Participation may be restricted or prohibited in certain jurisdictions and participants are responsible for ensuring their participation complies with applicable laws and regulations in their jurisdiction.
