Legal In USA
Verified on March 12, 2026
Last used 24 mins ago
2 min avg claim time
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 $10 for trading in the app.
Most popular promo code offer
Polymarket promo code summary for this week
| 💰 Polymarket sign-up bonus | Coming soon |
| ⏩ Polymarket promo code | Invite code: COVERS |
| ⭐ Top feature | Trade real-world events instantly |
| 💲 Minimum deposit | N/A |
| 🌎 Eligible states (expected) | All 50 states + DC except for AR, AZ, CT, IL, LA, MA, MD, MI, NV, and OH. |
| 📈 Eligible trading markets | Sports, politics, pop culture, tech, crypto, breaking news |
| 🎂 Legal age | 18+ |
| 📱 Polymarket mobile app | iOS & Android |
| 🕒 Offer expiry | N/A |
Polymarket promo code terms and conditions
Since Polymarket doesn’t have a welcome bonus available in March 2026, there’s nothing for new users to claim just yet. When a promo does launch, here are the kinds of terms and conditions you can typically expect:
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.
Promo codes: You may need to enter a Covers-exclusive Polymarket promo code during registration in order to unlock the bonus.
Minimum deposits: Most welcome offers require a minimum initial deposit, usually between $5 and $30, to qualify.
Qualifying wagers: You’ll likely need to place a real-money trade or bet before bonus funds are credited to your account.
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.
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.
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.
Best Polymarket bonus offers for new users
As of now, there isn’t a welcome bonus for new players at Polymarket. I'll post the official Polymarket referral code as soon as it goes live.
Covers Expert AnalysisTrending 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 Breaking News
Follow along with markets as they emerge, based on real-time events. The 'Breaking News' tab will showcase all the hot prediction offerings for the day, including the "Will Crude Oil (CL) hit __ by the end of March?"
Is Polymarket legal?
Yes, Polymarket is legal and preparing to return 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 operating under federal oversight.
No official launch date has been announced yet, but Polymarket is expected to re-enter the market soon. Once active, it will be 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
Christian Stringer, Sports Betting Editor
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 do you claim the Polymarket promo code?
Signing up for Polymarket is quick and easy. Even though you can’t deposit or trade yet, you can still create an account.
Here’s a step-by-step guide for when Polymarket launches in the U.S.:
Register
To get started, visit the Polymarket website or app and click the 'Sign Up' button. 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.
Deposit funds
The next step is to add funds to start trading, which is coming soon for U.S. users.
When Polymarket launches, you’ll need to click the deposit button, select your payment method, and confirm the payment.
Start trading
Next, you can start trading event contracts on sports, politics, world news, pop culture, 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 Super Bowl in 2026?' 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.
Withdraw winnings
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.
Polymarket platform review
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. Although not yet available, 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. It’s worth noting that Polymarket is not currently available in the U.S., but plans to launch soon.
Who it's forPolymarket 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.
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 |
User reviews "Great interface, easy to use, and updates cleanly and quickly, which is perfect for making sure you don't miss any action. I have had no issues depositing or withdrawing, with both functions occurring without any issues within 2 minutes. Like most information markets, make sure you read the terms and truly understand what information will be used to resolve bets, and how the resolution system works"
- Daniel, Trustpilot 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
Polymarket key features
Polymarket is brimming with neat features. Here are some of my personal favorites:
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.
Real-Time Pricing
Prices fluctuate based on supply and demand, reflecting live market activity as traders react to developments in news and events.
No Trading Fees
Polymarket doesn’t charge any trading fees, unlike other platforms.
Liquidity Rewards Program
Users can earn a daily reward by placing trades that help maintain market liquidity.
Polymarket Dashboard
Customize your Dashboard to follow along with key markets that you're monitoring
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 into a bet slip and confirm your selection.
Polymarket at a glance
| 💰 Sign-up bonus | Coming soon |
| ⏩ Polymarket bonus code | Invite code: COVERS |
| 🏅 Top feature | Trade real-world events instantly |
| 💵 Minimum deposit | N/A |
| 🕒 Payout speed | Within 24 hours |
 App Store rating |
4.7/5 ⭐ (30.2K reviews) |
 Google Play rating |
2.5/5 ⭐ (7.1K reviews) |
| 🌎 Available states | All 50 states + DC |
| 🕒 Offer expiry | N/A |
What we like
What we don't like
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.
The Polymarket mobile app makes it easy to trade on real-world events anytime, with a clean interface that delivers fast, reliable market updates and lets you track and manage positions on the go.
The Polymarket app (176.3 MB) was most recently updated to Version 2.3.2 in March 2026 to address bugs. Polymarket is forthcoming about the specific data used to track you, including identifiers and usage data. It holds a 4.7/5 rating from more than 30,000 reviews. It holds a less stellar 2.5/5 rating from Android users on the Google Play Store.
Latest betting news
Polymarket promo code comparison
 |
 |
 |
|
|---|---|---|---|
| Welcome bonus | $10 Bonus | Up to 200 in Prophet Cash | Up to $100 Bonus & five Novig Cash |
| Promo code | COVERS | COVERS1 | COVERS100 |
| Bonus type | Trade and get | Play and get | No deposit offer |
| Bonus form | One (1) $10 bonus | 2% bonus back on every play for 30 days | 10% up to $100 & five Novig Cash |
| Payout speed | Within 24 hours | Within 24 hours | Within 24 hours |
| Min. deposit | $1 | $10 | $5 |
| Covers BetSmart Bonus Rating | ⭐ 4.2/5 | ⭐ 4/5 | ⭐ 4.6/5 |
What markets can you trade on Polymarket?
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), football (NFL, NCAAF), baseball (MLB), hockey (NHL), F1, tennis, soccer, and golf. There are plenty of niche and international sports available, and there are 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 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:
Culture (celebrities music, movies, awards shows like the Oscars, review ratings, TV, video games)
Example: What will be the highest-grossing movie of 2026?
Crypto (Bitcoin, Dogecoin, hourly values, Ethereum)
Example: Will Bitcoin be above $120,000 on a certain date?
Climate (temperature, climate change, natural disasters)
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?
Companies (Elon Musk, CEOs, layoffs, product launches)
Business Financials (NASDAQ, currency, treasuries)
Tech & Science (AI, space, energy, papers)
Example: What will be the largest company at the end of the month?
Health (disease spread, COVID)
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 player props
Polymarket recently launched sports player props, offering markets where users can trade on individual player performances instead of 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.
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.
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.
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.
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.
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.
There is currently no program that mirrors a sportsbook referral bonus; however, 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 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 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 through a live chat, its Discord server, or email.
With live chat, you are first connected with the AI chatbot, which can answer the most common queries or direct you to the detailed help centre. 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 it doesn’t take long before you’re connected to a representative. 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💸 |
|---|---|---|
 Crypto (USDC) |
✅ | ✅ |
 Visa (via Moonpay) |
✅ | ✅ |
 Mastercard (via Moonpay) |
✅ | ✅ |
 Bank transfer (via Moonpay) |
✅ | ✅ |
How does Polymarket compare to traditional sports betting?
Prediction markets are akin to financial exchanges, where users trade contracts that fluctuate in price based on the public's perception of the likelihood of an event occurring. Whereas sports betting is a wager placed against odds created 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.
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.
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 profit boosts that can be claimed without an OG promo code.
Polymarket promo code FAQ
You can currently register with no Polymarket promo code necessary.
There isn’t one available, but as soon as one becomes available, we’ll add it to this page.
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 just received approval to launch in the U.S. The official launch date has not yet been announced.
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 is scheduled to launch in the U.S. in October, 2025.
Not at this time. Bookmark our page, as we'll be highlighting all Polymarket promos when they become available.
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