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    Polymarket Logo
    ★★★★★ 4.9/5

    Polymarket Promo Code 'COVERS' for April 2026

    Sign up bonus
    Deposit $10, Get $20 Trading Bonus
    Terms & conditions apply
    USA logo Legal In USA checkmark icon Verified on April 18, 2026 hand tap icon Last used 55 mins ago clock icon 2 min avg claim time
    COVERS Copy Copied! Click to copy icon Click to copy Tap to copy
    Claim $20
    USA logo Legal In USA checkmark icon Verified on April 18, 2026 handtap icon Last used 55 mins ago clock icon 2 min avg claim time

    Covers + Polymarket Partnership: This verified offer automatically applies when you sign up through our exclusive link.

    Christian Stringer - Covers
    Written by: Christian Stringer, Betting Editor Fact checked by: Brandon DuBreuil, Head of Covers
    Last Updated Apr 17, 2026, 8:38 AM ET
    Fact Checked
    Brandon DuBreuil has ensured that facts presented were obtained from reliable sources and are accurate.

    Use the Polymarket promo code 'COVERS' (on your mobile app only) to skip the U.S. waitlist and unlock a $20 trading bonus on the world’s largest prediction market. Polymarket allows users to trade on real-world outcomes using market-driven prices rather than traditional sportsbook odds.

    This page showcases everything you need to know about the Polymarket invite code, related promos, and more, so you can fully understand its entry into the U.S. market.

    Read more Show less

    21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

      Polymarket

      Deposit $10, Get $20 Trading Bonus

      Claim $20
      Table of contents
      • Where can I get a Polymarket invite code?
      • Polymarket promo code terms and conditions
      • Best Polymarket bonus offers
      • Is Polymarket legal?
      • What is Polymarket?
      • How to claim
      • Polymarket app review
      • Markets you can trade with Polymarket
      • Recent Polymarket updates
      • Polymarket promo code FAQ
      • Pages related to this topic

      Where can I get a Polymarket invite code?

      You can get a Polymarket invite code here. Polymarket's U.S. app is rolling out to users who signed up for early access. Register with our exclusive Polymarket promo code 'COVERS' today to secure $20 for trading in the app. This is for mobile users only — desktop users who click on the link will be asked to join a waitlist.

      Polymarket promo code summary for this week

      Polymarket logo Polymarket
      Polymarket sign-up bonus Deposit $10, Get $20 Trading Bonus
      Polymarket invite code COVERS (mobile only)
      Top feature Trade real-world events instantly
      Minimum deposit As little as $10
      Eligible states All 50 states + DC
      Eligible trading markets Sports, politics, pop culture, tech, crypto, breaking news
      Legal age 18+
      Polymarket mobile app iOS & Android 
      Offer expiry Ongoing

      Polymarket promo code terms and conditions

      Polymarket offers a 'Deposit $10, Get $20 Trading Bonus' for new users in April 2026. Here are the kinds of terms and conditions typically associated with welcome offers:

      Covers hit icon  Eligibility: The offer will only be open to new users who meet the legal age requirement and live in a jurisdiction where Polymarket is authorized to operate.

      Covers hit icon Promo codes: For this offer, you must enter the Polymarket promo code 'COVERS' during registration in order to unlock the bonus.

      Covers hit icon Minimum deposits: Most welcome offers require a minimum initial deposit, and this one is no different. You can put down as little as $10 to qualify for the $20 reward.

      Covers hit icon Qualifying wagers: You’ll likely need to place a real-money trade or bet before bonus funds are credited to your account.

      Covers hit icon Wagering requirements: Bonuses almost always come with a playthrough requirement. For example, if there’s a 1x requirement, you’ll need to wager the full bonus amount once before you can withdraw any winnings.

      Covers hit icon Market restrictions: Some offers only apply to specific markets or events, so reviewing the terms carefully will help you get the most out of the bonus.

      Covers hit icon Expiry dates: Bonus funds typically must be used within a set timeframe, often seven to 30 days, before they expire and are removed from your account.

      Claim Polymarket bonus

      Does Polymarket have promos?

      Yes. First-time players can get a 'Deposit $10, Get $20 Trading Bonus' at Polymarket. The official Polymarket referral code associated with the offer is 'COVERS.'

      Polymarket sign up bonus

      Covers Expert Analysis
      "Now that Polymarket is allowing deposits in the U.S., interested users can register in every state to claim a trading bonus welcome offer, view live prediction markets, and get familiar with the platform."

      Christian Stringer, Sports Betting Editor

      Trending on Polymarket

      Polymarket always showcases the prediction markets that are generating the most interest among its users, whether in sports, politics, economics, or popular culture. 


      Polymarket Trending News

      Follow along with markets as they emerge in response to real-time events, which is currently at 181 trending markets, predictions, and odds. The 'Trending News' tab will showcase all the hot prediction offerings for the day, including "2026 NBA Champion." The NBA playoffs begin this weekend, with the Oklahoma City Thunder sitting as the favorite to win the title.

      Polymarket breaking news prediction markets

      Is Polymarket legal?

      Yes, Polymarket is legal and has returned to the U.S. market after being fined and barred in 2022 for operating without registration. In 2025, it acquired QCEX, a Commodity Futures Trading Commission (CFTC) licensed derivatives exchange and clearinghouse, gaining a legal framework for operation.

      Polymarket is now legally operating nationwide under federal oversight, offering New York prediction markets, California prediction markets, Texas prediction markets, and Florida prediction markets, among others. They are excluded from the licensing requirements that apply to online sports betting apps and social or sweepstakes casinos.

      • Regulatory compliance: Polymarket is a Designated Contract Market (DCM) and is therefore regulated by the Commodity Futures Trading Commission (CFTC), which has authority over federal trading laws.
      • Auditing and security: Polymarket holds SOC 2 Type II compliance and uses SSL encryption, ensuring your data is handled and protected securely.
      Covers Expert Analysis
      "Prediction markets have caused a massive shockwave throughout the sports betting industry, and Polymarket has taken the necessary steps to ensure it will be able to operate in the U.S. while staying compliant due to the reasons above. At the moment, Polymarket and Kalshi are leading the charge."

      Christian Stringer, Sports Betting Editor

      Polymarket promo code comparison

      Polymarket logo Polymarket Crypto.com Logo Crypto.com Kalshi logo Kalshi OG.com logo OG.com
      Compare
      Welcome bonus Deposit $10, Get $20 Trading Bonus $50 Bonus $10 Bonus Up to $150 in Trading Bonuses
      Promo code COVERS Use unique link COVERS
      Automatically applied
      Bonus type First trade match First trade match Trade and get Bet & get
      Bonus form $20 trading bonus Up to $50 One (1) $10 bonus Up to $150 in bonuses
      Payout speed Within 24 hours Within 24 hours Within 24 hours Within 24 hours
      Min. deposit As little as $10 $10 $1 TBD
      Covers BetSmart Bonus Rating ⭐ 4.2/5 ⭐ 4.7/5 ⭐ 4.8/5 ⭐ 4.6/5

      What is Polymarket?

      Polymarket is a decentralized prediction exchange where real-world events are turned into tradable markets. In short, it allows you to invest in future predictions and turn a profit if you are correct.

      Instead of betting against a bookmaker, users trade shares that represent whether an outcome will happen or not. As users buy and sell, the prices of the contracts change, reflecting what the general public perceives as the likelihood of each outcome.

      Topics cover a wide range from politics to tech, culture, sport, and more. Traders must decide when to enter or exit positions, assessing the odds based on the current market climate and general research.

      How to use Polymarket promo code?

      Signing up for Polymarket is quick and easy. Now that you can deposit and trade, there's never been a better time to create an account.

      Here’s a step-by-step guide for getting started with the Polymarket promo code in the U.S.:

      1

      Register

      To begin, visit the Polymarket app via our link, click the 'Sign Up' button, and enter Polymarket invite code 'COVERS.' You can register using a Google account or any other email address. A verification email will be sent to you with a code to enter on the platform. You can also register by linking your crypto wallet, including Trust Wallet, Phantom, MetaMask, and more.

      You'll need to enter provide personal information to complete the registration process, such as your date of birth, phone number, email address, and location.

      2

      Deposit funds

      The next step is to add funds to start trading, which is now available for U.S. users.

      With your account live, you’ll need to click the deposit button, select your payment method, and confirm the payment.

      3

      Start trading

      Next, you can start trading event contracts on sports, politics, economics, world news, pop culture, award shows, and more.

      Choose whichever event you prefer, select your outcome, add the amount you want to trade, and confirm the transaction. Your options include 'Who will win the 2026 NBA Finals?' or 'Who will be the next President of the United States?' You can monitor the event and 'cash out' at any time, or you can wait for it to be resolved. 

      4

      Withdraw earnings

      Simply click 'Portfolio', select 'Withdraw', select your preferred withdrawal method in crypto, specify the amount you wish to withdraw, and confirm your request with your wallet address.

      What I like about the Polymarket promo code

      Covers hit icon

      Exclusive promo code

      Enter our exclusive Polymarket promo code 'COVERS' during registration to trigger the absolute best offer. I like that the code is presented as a shortcut to the U.S. app rather than leaving me in the standard early-access flow.

      Covers hit icon

      Low barrier to entry

      I only need to deposit $10 to unlock the full $20 trading bonus, which keeps my upfront risk low. For a first-time user who wants to test the app without overcommitting, the promo makes it much easier to justify.

      Covers hit icon

      Simple U.S. funding

      Polymarket US lets me fund my account through the app with a debit card or bank transfer (ACH), so claiming the offer feels more familiar than a crypto-first onboarding flow. That simplicity lowers the friction for casual users who just want to get started quickly.

      Covers hit icon

      Flexible trading mechanics

      I’m not locked into a position until the market settles. Polymarket US lets me buy or sell at any point before settlement, giving me greater control to lock in gains, cut losses, or react to new information.


      What I don't like about the Polymarket promo code

      The Polymarket promo code does have some drawbacks:

      Covers miss icon

      Mobile-only redemption

      The offer is framed as a mobile-only promo, so desktop users can hit friction immediately. I don’t love having to switch devices just to activate a welcome offer.

      Covers miss icon

      Modest bonus ceiling

      The total upside is capped at $20 in trading bonus funds. That’s fine for casual users and first-timers, but it’s not a huge boost to my bankroll if I’m looking for a more aggressive welcome offer.

      Covers miss icon

      Not the full Polymarket experience yet

      Polymarket US currently offers sports markets such as NFL, NBA, NHL, MLB, MLS, college basketball, tennis, and golf, while politics, culture, finance, and economics are listed as coming soon. If I’m signing up specifically for the broader headline-style markets Polymarket is known for, the U.S. app still feels a bit limited right now.

      Covers miss icon

      Waitlist friction

      Polymarket’s U.S. app is still being rolled out via early access, and desktop users who land on the site may still be pushed to the waitlist. That extra step makes the signup process less seamless than a typical betting app. As suggested, use the Covers-verified Polymarket promo code to bypass the waitlist altogether.

      Polymarket platform review

      4.9
      SIGN UP BONUS
      Deposit $10, Get $20 Trading Bonus
      Terms & conditions apply
      Click to copy!
      Tap to copy!
      COVERS
      Claim $20
      Covers verdict

      Polymarket promotes itself as "the world’s largest prediction market." allowing players around the world to trade positions on all kinds of things using crypto. U.S. users will quickly take to Polymarket's simple concept: every market centers on a yes-or-no question tied to a real-world event. Its platform is built on Polygon, and transactions are processed using USDC without any trading fees.

      Profile iconWho it's for

      Polymarket is designed for individuals who wish to trade on real-world events. Its user base includes traders, crypto users, and analysts. But it also appeals to those who closely follow sports, politics, economics, global affairs, and cultural events. Trending topics are converted into simple tradable contracts, making them accessible to anyone interested in trading, particularly those focused on current events. The Polymarket invite code 'COVERS' ensures you are getting the best possible promotion to start your prediction market journey.

      Covers BetSmart Rating icon Covers BetSmart Rating: ⭐ 4.2/5
      Banking and payout speed ⭐ 4.1/5
      Key features ⭐ 4.2/5
      Security and trust ⭐ 4.5/5
      Customer support ⭐ 4.4/5
      User experience ⭐ 4.0/5
      Betting odds ⭐ 4.0/5
      Blue thumbs up icon User reviews  
      Editor's note: User reviews may be edited for clarity. 

      "Polymarket is actually pretty good, especially because they give you bonus cash to start betting with. You can use that bonus to place bets, grow it if you make good predictions, and then withdraw the money, which is a big plus. The platform is easy to use and feels legit. That said, it can be really stressful, especially when a bet is about to lose, and you’re watching your money disappear. It’s exciting, but definitely not for people who get stressed or anxious really easily. Overall, it’s a good opportunity, but it’s emotionally intense."

      - Alex, App Store user

      "I've been using the site for just under 3 years, and I love it. Never had an issue depositing, withdrawing, or trading the markets. Market resolution has been fairly consistent over the years, and I always feel safe trading the markets."

      - Paul Miele, Trustpilot user

      "The good: Interface and ability to play live odds. Friendl UI. The bad: There is no real support sectio of the app to give direct answers to how the app works."

      - Jbow777, App Store user, March 23, 2026


      mobile phone icon Polymarket key features

      Polymarket is brimming with neat features. Here are some of my personal favorites:

      live betting icon Yes/No Events Contracts

      Every market is based around a simple yes-or-no question, making it easy to trade regardless of your level of experience.

      live betting icon Real-Time Pricing

      Prices fluctuate based on supply and demand, reflecting live market activity as traders react to developments in news and events.

      live betting icon No Trading Fees

      Polymarket doesn’t charge any trading fees, unlike other platforms.

      Betting bankroll icon Liquidity Rewards Program

      Users can earn a daily reward by placing trades that help maintain market liquidity.

      Dashboard icon Polymarket Dashboard

      Customize your Dashboard to follow along with key markets that you're monitoring

      Polymarket Dashboard for MLB


      Polymarket social media integration

      Thanks to Polymarket's partnership with X (formerly Twitter), you can wager on sporting events with just one tap through social media. If you see odds you like on your social media feed, you can easily navigate to a bet slip and confirm your selection.


      Polymarket at a glance

      💰 Sign-up bonus Deposit $10, Get $20 Trading Bonus
      ⏩ Polymarket invite code COVERS
      🏅 Top feature Trade real-world events instantly
      💵 Minimum deposit As little as $10
      🕒 Payout speed Within 24 hours
      Apple icon App Store rating 4.7/5 ⭐ (30.3K reviews)
      Google Play Store icon Google Play rating 2.2/5 ⭐ (7.2K reviews)
      🌎 Available states All 50 states + DC
      🕒 Offer expiry TBD

      What we like

      Covers hit icon
      Global reputation: Polymarket is one of the most popular prediction platforms worldwide, boasting an international user base and a sterling reputation for event-based trading.
      Covers hit icon
      Simple and easy to use: The interface is clean and intuitive, making it easy to participate in contracts, make deposits, and explore markets. The platform offers simple trading, allowing users to choose between two outcomes, making it easier to understand and navigate. 
      Covers hit icon
      Crypto platform: Polymarket runs on the Polygon network, a proof-of-stake chain connected to Ethereum. All transactions are handled in USD Coin (USDC), a stablecoin pegged to the US dollar.

      What we don't like

      Covers miss icon
      Potentially confusing to new players: Prediction markets are a new space for most players, and Polymarket's design could be a little friendlier to first-timers.
      Covers miss icon
      Subjective resolution risk: Some contracts are based on how outcomes are interpreted, leading to user disputes.

      Star icon To learn more, check out our in-depth Polymarket review or our Polymarket vs. Kalshi guide page to see which prediction market is right for you in 2026.

      Polymarket app review

      Polymarket can be accessed via the Polymarket mobile app or through a browser. Either way, it is straightforward, smooth, and convenient for event trading.

      The experience is largely the same, but using the app was easier and quicker during our testing. You can enable push notifications, check price changes, and manage positions. It’s a more practical choice for an active trader than using a desktop.


      🍎 Polymarket iOS app

      The Polymarket app has a 4.7/5 rating based on more than 30,400 reviews. The Polymarket betting app requires compatibility with iOS 18.0 or later. Polymarket is forthcoming about the specific data used to track you, including identifiers and usage data.

      Polymarket screenshots
      Polymarket iOS app

      🤖 Polymarket Android app

      The Polymarket Android app has a less-than-stellar 2.2/5 rating from Android users on the Google Play Store, which stands in stark contrast. 


      📱 Polymarket app design

      Polymarket’s design is clean, fast, and purpose-built for trading, stripping away sportsbook clutter in favor of a simple “Yes/No” contract interface that’s immediately intuitive. What stands out is its real-time pricing and liquidity display, which makes market sentiment instantly visible and actionable. Navigation is frictionless, with trending markets, categories, and positions all accessible in just a few taps.

      📈 Polymarket app improvements

      Polymarket consistently rolls out backend and UI upgrades that improve execution speed, market depth visibility, and overall reliability during high-volume events. Recent updates have focused on smoother order placement, better price charting, and faster load times, key advantages on a platform where timing and precision matter. Incremental improvements to notifications and market discovery also help users stay on top of volatility and emerging opportunities without missing key moves. 

      The Polymarket app (185 MB) was most recently updated to Version 2.4.3 in April 2026 to address bugs. 

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      Sports betting made 22.8% more than the $71.3M in March '25.
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      What markets can you trade with the Polymarket invite code?

      Polymarket offers markets on a wide range of real-world events. It extends beyond sports to encompass trending news, politics, cryptocurrency, geopolitics, technology, culture, global events, and more. 

      Sports event trading is available for all major sports and leagues, including basketball (NBA Playoffs and NCAA March Madness), football (NFL, NCAAF), hockey (NHL), F1, tennis, soccer (including the FIFA World Cup this summer) and golf. There are plenty of niche and international sports available, with consistent additions of new betting markets. Polymarket has also moved into esports through a recent partnership with tournament organizer BLAST, which integrates its markets directly into broadcasts via prediction-focused segments, live desk references, stream branding, and on-site fan activations.

      Polymarket is the official Prediction market Exchange partner with the MLB. Starting this 2026 season, Polymarket has exclusive access to MLB product, including official league data from Sportradar. Polymarket will also work to restrict MLB betting markets that pose integrity risks, such as player pitch counts.

      Polymarket NFL prediction markets


      Polymarket betting markets 

      Outside of sports, politics is amongst the markets with the most handle, especially in the lead up to U.S. presidential races. Other options include:

      Polymarket culture prediction markets

      Covers hit icon Culture (celebrities, music, movies, awards shows like the Oscars, review ratings, TV, video games)

      Example: What will be the highest-grossing movie of 2026?

      Covers hit icon Crypto (Bitcoin (BTC), Dogecoin, hourly values, Ethereum)

      Example: Will Bitcoin be above $120,000 on a certain date?

      Covers hit icon Climate (temperature, climate change, natural disasters)

      Covers hit icon Economics (interest rates, inflation, employment, consumer spending, energy)

      Example: Will there be a U.S. recession in 2026? What will be the fed. decision in September?

      Covers hit icon Companies (Elon Musk, CEOs, layoffs, product launches)

      Covers hit icon Business Financials (NASDAQ, currency, treasuries)

      Covers hit icon Tech & Science (AI, space, energy, papers)

      Example: What will be the largest company at the end of the month?

      Covers hit icon Health (disease spread, COVID)

      Covers hit icon World (foreign economies, international politics)


      Polymarket live event trading

      Prices on Polymarket fluctuate constantly because traders set them and adjust accordingly. As soon as new information becomes available, how traders react to the news, whether they buy or sell more positions, adjust the contracts to reflect the shift. This creates a live market where users don't have to wait until the event is officially resolved to profit. They can enter a position early and exit if the price moves in their favor.

      Polymarket election live betting


      Polymarket player props

      Polymarket recently launched sports player props, offering markets where users can trade on individual player performances in NBA prediction markets, rather than overall game results. Player props may include any yards, points, touchdowns, strikeouts, goals, or other stat-based achievements specific to each sport. As with all Polymarket contracts, player props are Yes/No markets where prices indicate the market's probability for each outcome.

      Strategies for profitable trading on Polymarket

      When you start trading on Polymarket, it helps to have a strategy. These tips can help you make more informed decisions and minimize potential risks.

      monthly calendar Analyze data

      Follow the news and check reliable sources before committing to a side. The more information you have on an event, the better your chance in the market. Avoid investing blindly in trades you find interesting, but don’t have any expertise in.

      sports Diversify your trades

      Don’t commit your entire balance to just one question. Spreading across multiple categories helps protect you if one doesn’t go your way.

      betting odds Manage your exposure

      Begin with smaller amounts until you’re confident in your approach. If a trade starts to move against you, exiting early can prevent more losses rather than hoping it changes at the last minute.

      Cash Monitor liquidity

      Check how many buyers and sellers are active in the market. High-liquidity contracts are easier to trade fairly, while lower ones can make it harder to get in or out at a price you want.

      lock Stay disciplined and avoid emotional decisions

      Steer clear of trading during extreme volatility, and don’t let emotions like fear or excitement influence your moves. Base decisions on research and data, avoid chasing losses, and stick to a consistent, disciplined strategy.

      Does Polymarket have a referral program?

      Polymarket doesn’t offer many promotions or referral program for existing players, but it does have a leaderboard. This feature ranks the top trades on the platform over a day, week, month, and all-time. It shows the users who are the most active and successful.

      Polymarket Leaderboard

      Does Polymarket give you $10?

      While there is currently no program that mirrors a sportsbook referral bonus, there is an affiliate-like program, but it's distinct from a user referral or sign-up bonus, and targeted at those promoting Polymarket.

      Through the Dub-powered affiliate platform, partners can earn $0.01 per click, and $10 bonus when someone referred by you makes their first deposit via your referral link

      Polymarket rewards and VIP perks

      Polymarket doesn’t have a standard VIP or loyalty program, but it does offer Liquidity Rewards. This pays users for placing helpful trades that keep markets liquid and balanced. Polymarket rewards are calculated daily. The closer your trades are to the market’s average price, the more you earn.

      Polymarket Daily Rewards March 2026

      Polymarket trading odds and fees

      Polymarket displays odds through market prices, which are determined by Polymarket users in turn.

      Each contract has two sides, ‘Yes’ and ‘No,’ and prices are set by traders through bids, rather than the platform itself. From there, prices fluctuate in response to supply and demand.

      The displayed probability is normally the midpoint of the best bid and ask in the order book. For example, if 'Yes' is bid at $0.34 and asked at $0.40, the displayed price is about 37%. Liquidity and activity levels also affect the spreads, which in turn influence the accuracy of the shown odds.

      When the market closes, winning shares pay out at $1 each, while losing shares are worthless. Polymarket doesn’t include any margin in the prices as a sportsbook would, and it doesn’t charge any trading fees, unlike other prediction platforms.

      Polymarket customer service

      Customer support at Polymarket can be reached via live chat, the Discord server, or email.

      With live chat, you are first connected to the AI chatbot, which can answer common queries or direct you to the detailed help center. If this doesn’t answer your question, you can request to speak with an agent.

      The live chat is available 24/7 via the blue chat icon, and you’ll be connected to a representative in no time. There is also a Discord server where you can open a ticket to initiate a private conversation with our support team.

      💬 Live chat: 24/7

      📧 Email: hello@polymarket.com

      ☎️ Phone: N/A

      🌎 Support language(s): English

      📱 X (Twitter): @PolymarketHQ

      Polymarket payment methods

      Currently, Polymarket allows you to add funds to your account via USDC or Moonpay. USDC is used because it is a stablecoin that mirrors the value of the US dollar. You can deposit from various blockchains (USDT, DAI, ETH, WETH, MATIC, POL, SOL, CBBTC, ARB), but the funds will be converted into USDC.

      Polymarket's deposit and withdrawal options are extremely limited, excluding cryptocurrency, and do not include popular providers such as Venmo, Apple Pay, and PayPal. To deposit with crypto, copy and paste the address found in the deposit section into your wallet to send funds.

      Moonpay is also available, allowing you to buy USDC directly on the platform using Visa, Mastercard, or a bank account. It remains to be seen whether any new payment methods will be made available once Polymarket launches in the U.S.

      Method🏦 Deposit💰 Withdrawal💸
      bank transfer icon Crypto (USDC) ✅ ✅
      visa icon Visa (via Moonpay) ✅ ✅
      Mastercard icon Mastercard (via Moonpay) ✅ ✅
      bank transfer icon Bank transfer (via Moonpay) ✅ ✅

      How does Polymarket compare to traditional sports betting?

      Prediction markets are akin to financial exchanges, where users trade contracts whose prices fluctuate based on the public's perception of an event's likelihood. Sports betting is a wager placed against odds set by a sportsbook. Once the bet is locked in, both the stake and odds are fixed, and you’re betting directly against the house.

      In the U.S., this is considered gambling and regulated by each state. However, prediction markets are subject to federal oversight because they are regulated as exchanges rather than gambling. You'll find many similarities between Polymarket and a traditional sportsbook, along with a bunch of 'big-picture' betting opportunities. Residents in the Golden State, for example, can trade California prediction markets on sports, despite there being no legal sports betting.

      Polymarket NBA prediction markets

      Polymarket trading limits and liquidity

      Polymarket doesn’t have a maximum limit for contracts. You can technically trade as much as you want, as the platform is designed to match buyers and sellers at any price.

      The real limit comes with liquidity, which refers to the number of people willing to buy or sell at a given price. In a busy market, you can usually place larger trades without moving the price too much. But in a less active market with fewer offers, even a small trade can significantly change the odds. That’s why it’s important to check the order book first.

      Recent Polymarket updates

      Be sure to follow along to stay up-to-date with the latest Polymarket updates and news.

      April 6, 2026: Polymarket unveiled sweeping changes to trading and contracts coming to its platform over the next few weeks, promising it'll be the “biggest infrastructure change since launch.”

      April 3, 2026: Polymarket and La Liga reach a multi-year partnership in the U.S. and Canada.

      March 27, 2026: Intercontinental Exchange, Inc. injected $600 million cash into Polymarket, completing a previous agreement to supply the popular prediction platform with $2 billion in investment.

      March 23, 2026: Polymarket has implemented changes to wipe out different forms of insider trading after coming under fire for certain markets and outcomes, announcing its "Enhanced Market Integrity Rules".

      March 19, 2026: Major League Baseball has become the most prominent U.S. sports league to partner with a prediction market platform, linking up with Polymarket, signing an unprecedented agreement with the CFTC.

      March 12, 2026: Polymarket CEO Shayne Coplan pitches an integrity platform that will aid the entire sports betting and event trading ecosystem.

      March 9, 2026: According to reporting by the Wall Street Journal, Polymarket and Kalshi are talking to new investors, which would see valuations shoot up to $20 billion. 

      March 4, 2026: Polymarket removed a controversial prediction market that allowed customers to win money if a nuclear attack occurred before a series of deadlines.

      Feb. 24, 2026: Polymarket and Kalshi have received a combined $10.6 million in mention market contract purchases on US President Donald Trump's upcoming State of the Union address on Tuesday.

      Feb. 9, 2026: One Polymarket trader enjoyed a notably profitable experience wagering on the Super Bowl 60 halftime, profiting about $17k.

      Feb. 9, 2026: Attempting to preempt its own shutdown while Kalshi faces a sports market ban in Massachusetts, Polymarket is suing the Bay State.

      Feb. 3, 2026: Polymarket announced a first of its kind, launching a free grocery store in New York City that will open February 12th.

      Jan. 31, 2026: Following a lawsuit made January 16th, Polymarket is out of jurisdiction in Nevada for 14 days through a temporary restraining order.

      Jan. 27, 2026: Major League Soccer (MLS) makes Polymarket their exclusive prediction market partner, announcing a multi-year agreement.

      Jan. 20, 2026: Sports streaming platform DAZN announced a partnership with Polymarket, where the deal will bring Polymarket and its prediction markets, including those in various sports, in front of DAZN’s digital viewers in the U.S.

      Jan. 19, 2026: The Nevada Gaming Control Board sued Blockratize Inc., the entity behind Polymarket, arguing that sports event contracts constitute wagering under Nevada law and require licensure.

      Jan. 15, 2026: Polymarket has come under growing scrutiny for its listed contracts, which allow users to trade on the outcomes of active military conflicts.

      Jan. 9, 2026: With the 83rd annual Golden Globes set for Sunday night, Polymarket announced that it is now the exclusive prediction market for the upcoming awards ceremony.

      Jan. 8, 2026: Polymarket named the official prediction market of the New York Rangers.

      Jan. 7, 2026: Polymarket increases media exposure with a new Dow Jones partnership, where it will provide real-time prediction market data on a variety of Dow Jones’ digital platforms.

      Jan. 5, 2026: A new bill attempts to curb government officials' use of insider information to trade on prediction market platforms after a Polymarket account netted over $400,000 from bets related to the United States' capture of Venezuelan President Nicolas Maduro.

      Dec. 12, 2025: A staff member at the Institute for the Study of War was reportedly fired after Polymarket settled related contracts using the edited map.

      Dec. 3, 2025: Polymarket is rolling out its U.S. app to those on the waitlist, starting with prediction markets on sports.

      Dec. 2, 2025: Polymarket ended November with the highest monthly trading volumes in its history, rising from $3.02 billion in October to more than $3.7 billion, a 23.8% increase.

      Dec. 1, 2025: Speaking ahead of Polymarket's U.S. return, CEO Shayne Coplan claimed that prediction markets are "the most accurate thing we have as mankind right now."

      Nov. 25, 2025: A CFTC amended order gets Polymarket one step closer to a US return after leaving the market in 2022.

      Nov. 19, 2025: The CEO of Polymarket Shayne Coplan believes that state-licensed sportsbooks are a “scam", describing how sportsbooks chase away winning customers and rip off their users.

      Nov. 13, 2025: Polymarket becomes the official prediction market of the UFC, which will debut a new “Fan Prediction Scoreboard” that will bring the pulse of a fight globally to a live audience.

      Nov. 11, 2025: PrizePicks announced a multi-year deal with global trading exchange Polymarket that will allow PrizePicks to offer “event contracts, spanning a wide range of sports, entertainment, and cultural moments” on its app.

      Nov. 7, 2025: Google is helping push prediction platforms to mass consciousness thanks to its new partnership with Polymarket and Kalshi.

      Oct. 22, 2025: The NHL announces a multiyear partnership with Polymarket, as one of the official prediction markets of the league.

      Oct. 11, 2025: Norwegian officials are investigating potential insider trading on the prediction market Polymarket after three Polymarket accounts placed bets on the ultimate winner just hours before the announcement of the Nobel Peace Prize, pointing to a potential leak.  

      Oct. 10, 2025: With Intercontinental Exchange Inc. agreeing to invest up to $2 billion in Polymarket at an $8 billion pre-money valuation, the deal elevated 27-year-old founder Shayne Coplan to the status of the youngest self-made billionaire.

      Oct. 7, 2025: Intercontinental Exchange (ICE) announced that it's investing $2 billion into Polymarket, helping the crypto-based trading company reach a valuation of more than $8 billion. 

      Oct. 1, 2025: Polymarket is preparing a return to the U.S. market with plans to offer contracts on sports and election outcomes.

      Sept. 25, 2025: Polymarket features prominently in the television show South Park's most recent episode about prediction betting.

      Sept. 15, 2025: Polymarket is reportedly exploring a deal that would value it at $9 billion, marking a significant increase from its $1 billion valuation just three months ago.

      Sept. 3, 2025: Polymarket receives official approval from the CFTC, signaling a return of its event trading platform in 50 states.

      Aug. 26, 2025: A Polymarket trader won $50,000 for betting on the engagement of Taylor Swift and Travis Kelce.

      Aug. 26, 2025: Polymarket adds Donald Trump Jr. to its advisory board.

      July 23, 2025: Polymarket CEO shrugs off sports betting as a threat as prediction market competition looms.

      July 21, 2025: Polymarket acquires CFTC-licensed QCEX for $112 million, opening the door for a relaunch of its event trading platform in the U.S.

      June 25, 2025: Polymarket nears a $1 billion market valuation with a new $200 million round of funding. 

      June 6, 2025: Polymarket and X (Twitter) announce a prediction market partnership.

      Nov. 5, 2024: The 2024 US presidential election is the most active market on the Polymarket platform to date, generating over $3 billion in trades.

      Jan. 3, 2022: Polymarket is fined by the CFTC for operating without proper registration.

      Additional predictive market platform promos

      Are you looking for Polymarket alternatives? Check out some of these other prediction markets and event contract exchanges:

      • PredictIt: Offers a $20 bonus with a $20 deposit for new users.
      • Robinhood: Issues new users up to a $200 Robinhood promo code bonus today.
      • Sporttrade: Claim up to a $100 bonus without a Sporttrade promo code.
      • Railbird: Expected to launch soon. Check out our Railbird promo code for further details.
      • FanDuel Predicts: FanDuel teamed with CME Group to launch FanDuel Predicts in December 2025. Check out our FanDuel Predicts promo code review page to learn more
      • Fanatics Markets: Fanatics formed a partnership with Crypto.com to launch an online predictive platform. Check out our Fanatics Markets promo code review for more details. 
      • DraftKings Predictions: Check out our DraftKings Predictions promo code page to learn more about the newcomer to the space.
      • Crypto.com: Delivers a $50 bonus that can be attained without the use of a Crypto.com promo code.
      • OG.com: Provides up to $100 in bonuses that can be claimed without an OG promo code. 

      Polymarket promo code FAQ

      The Polymarket promo code is 'COVERS.'

      You can claim the Polymarket promo code offer by clicking our links from your mobile device only. From there, make sure to enter code 'COVERS.'

      We will be sure to post the terms and conditions for Polymarket bonuses as soon as they become available.

      No, Polymarket is legal as it is now live and operational in the U.S.

      There aren’t many promotions at Polymarket, but it does have a Liquidity Rewards Program, where you can earn extra rewards.

      Polymarket offers a diverse range of event topics, including sports, breaking news, politics, cryptocurrency, geopolitics, technology, culture, global events, and more.

      Polymarket re-launched in the U.S. in March 2026.

      The Polymarket invite code is 'COVERS'.

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      Christian Stringer - Covers
      Christian Stringer
      Betting Editor

      A seasoned editor at Covers, specializing in the North American sports betting and iGaming industries. Since joining in 2022, I have played a key role in managing, editing, and publishing commercial content that informs and engages bettors of all levels, with a particular focus on Stake, bet365, BetMGM, and Fanatics.  Prior to Covers, I spent a decade as an award-winning account executive, collaborating with major brands like Rootz, 888, ComeOn!, EastLink, and GG Poker.

      My expertise extends to onboarding white labels, crafting online campaigns, and cultivating partnerships with tech providers and affiliates.  Having personally reviewed over 40 sportsbooks, DFS sites, and prediction markets, I bring a sharp, user-focused perspective to the betting landscape — committed to delivering insightful, high-quality content. Outside of work, I serve on the board of an amateur athletics club, championing community engagement through sport.

      Table of contents
      • Where can I get a Polymarket invite code?
      • Polymarket promo code terms and conditions
      • Best Polymarket bonus offers
      • Is Polymarket legal?
      • What is Polymarket?
      • How to claim
      • Polymarket app review
      • Markets you can trade with Polymarket
      • Recent Polymarket updates
      • Polymarket promo code FAQ
      • Pages related to this topic
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