Legal In USA
Verified on Sept. 26, 2026
Last used 24 mins ago
2 min avg claim time
Use the active Polymarket promo code COVERS for a 'Deposit $10, Get $50 Trading Bonus' today — that's a 500% return on your initial deposit. The Polymarket US app is now available to eligible mobile users; I've already claimed an offer by depositing via Apple Pay and still use Polymarket regularly.
After thoroughly testing the Polymarket US app and bonus offering, I'll explain everything you need to know about the Polymarket promo code, how to get your bonus, and more about Polymarket, which promotes itself as the world’s largest prediction market, in 2026.
Polymarket promo code summary September 2026
| Polymarket promo code | COVERS |
| Polymarket sign-up bonus | Deposit $10, Get $50 Bonus |
| Minimum deposit | $10 |
| Eligible states | All states (excl. NV) |
| Eligible trading markets | Sports, politics, pop culture, tech, crypto, breaking news |
| Legal age | 18+ |
| Polymarket mobile app | iOS & Android |
| Offer expiry | Ongoing |
| Last verified | Sept. 26, 2026 |
What’s the best Polymarket bonus for today's events?
The best Polymarket bonus right now is the 'Deposit $10, Get $50 Bonus' offer, accessible with our exclusive Polymarket promo code COVERS. With our code, you get a total of $60 in trading funds (the $10 deposit plus the free $50 promo), which is the top Polymarket deal available.
I like this offer because I only need to deposit $10 to qualify for the $50 bonus, giving me a useful starting bankroll without committing much of my own money.
My biggest advantage is flexibility. I can use the bonus across sports, politics, crypto, culture, global news, and economic events instead of being locked into one market or bet type.
Polymarket clicked once I stopped treating it like a sportsbook. The main feed feels more like a live newsroom with prices attached, letting me shop around, find markets I understand, and get comfortable trading “Yes” or “No” before scaling up.
Polymarket promo code status today
| Polymarket offer | Current offer | Previous offer |
|---|---|---|
| Qualifying offer | Deposit $10, Get $50 Bonus | Exclusive $35 Bonus |
| Bonus structure | Fixed bonus | Fixed bonus |
| Minimum bonus | $50 | $20 |
| Maximum bonus | $50 | $20 |
Covers Expert Analysis
Christian Stringer, Prediction Markets Editor
How to claim the bonus on Polymarket: Step-by-step
Read my step-by-step guide below to learn how to claim and use the Polymarket free $50 code first-time welcome bonus today:
Register
Visit Polymarket US through our link, select Sign Up, and enter promo code COVERS. I registered with Google in about 30 seconds, while Apple ID is also supported.
I then provided my username, name, date of birth, and address and completed identity verification. Most users are verified automatically, although Polymarket may request an ID and selfie for additional KYC checks.
Deposit funds
Once verified, I opened the deposit section and chose from the available U.S. funding methods, including debit card, ACH, and wire transfer.
I deposited at least $10 to qualify for the first-time trading bonus.
Start trading
I can use Polymarket to trade event contracts across sports, politics, economics, world news, pop culture, and more. I simply choose a market and outcome, enter my trade amount, and confirm.
I can sell my position before settlement or wait for the market to resolve. I don't need to execute a trade to receive the free $50 bonus.
Withdraw earnings
When my funds became eligible for withdrawal, I entered the amount in the withdrawal section and confirmed my request. Unlike international Polymarket, standard Polymarket US withdrawals don't require a crypto wallet.
Withdrawals generally return to the original funding source, and deposited funds must fully clear first. If I use multiple funding methods, Polymarket applies first-in, first-out withdrawal rules.
Polymarket sign-up process: Step-by-step process
Here are screenshots of me signing up for Polymarket to show how straightforward it is:
- I started by connecting my Google account to help speed up the process.
- I entered the Polymarket promo code COVERS and provided some personal information, like my birthdate and phone number.
- I was sent a confirmation code, then verified my identity with my Social Security number.
Polymarket promo code terms and conditions
- You must be 18+ to participate
- Min. deposit is $10
- The $50 bonus is guaranteed following first deposit
- The bonus can be pulled, changed, or forfeited entirely at Polymarket's discretion
- Total liability for anything Polymarket does wrong is capped at $100
- KYC delays or "inadequate" verification can cost you the bonus specifically — not just account access
- The bonus itself is non-withdrawable; it must be used on trades
Eligibility: This offer is available to new Polymarket users who meet the minimum age requirement and are located in a jurisdiction where Polymarket is authorized to operate.
Promo codes: I entered the Polymarket promo code COVERS during registration to unlock the welcome offer.
Minimum deposits: A minimum deposit of $10 is required to qualify for the $50 reward.
Qualifying action: The current deposit incentive is based on making the applicable qualifying deposit. Polymarket US currently lists Campaign A as depositing at least $10 and receiving $50. A separate qualifying trade is not listed as a condition for receiving the deposit incentive credit.
Trading requirements: Polymarket US does not list a 1x playthrough requirement for the current Deposit Incentive Program. Instead, you must use incentive funds as trading collateral before you can withdraw them, and they may become withdrawable after they are released through position settlement or liquidation.
Market restrictions: The current public Deposit Incentive Program documentation does not list category-specific market exclusions. Applicable campaign terms and Polymarket US rules still apply.
Expiry date: The current public campaign details do not list a fixed end date. Polymarket US may modify, suspend, or terminate an incentive campaign prospectively.
Withdrawals: Incentive funds cannot be withdrawn immediately. You must first use them as trading collateral and release them through position settlement or liquidation before they become withdrawable. I recommend checking your bonus status before requesting a withdrawal. It took me just over 4 hours to receive my first withdrawal.
Payment methods for the Polymarket bonus
Polymarket US lets me fund my account without a crypto wallet using a debit card, ACH, or wire transfer, and also supports Apple Pay in eligible app flows.
Debit card and ACH deposits may be available as buying power before fully clearing, but generally take three to four business days to clear for withdrawal. Wire transfers typically take one business day. Payment methods must be in my name.
If you want more general information about card payments, Covers also has guides to Visa and Mastercard payment options.
| Method🏦 | Deposit💰 | Withdrawal💸 |
|---|---|---|
 Debit card |
✅ | ✅ |
 ACH bank transfer |
✅ | ✅ |
| Wire transfer |
✅ | ✅ |
 Apple Pay |
✅* | ✅* |
*Apple Pay is supported by Polymarket US payment infrastructure, but availability can depend on the app funding flow and account.
Polymarket US deposit clearing and withdrawals
One detail I keep in mind is that seeing funds in my buying power does not necessarily mean the underlying deposit has fully cleared. Polymarket US can make debit-card and ACH deposits available for trading while they are still processing, but you can't withdraw funds in flight until the deposit clears.
Withdrawals generally return to the same payment method used for the original deposit rather than being redirected to a new account or crypto wallet. If I use more than one funding source, Polymarket US applies first-in, first-out (FIFO) rules, meaning withdrawals are allocated back to funding sources in the order the deposits were made.
Polymarket promo code vs. referral code
It's crucial to differentiate between the Polymarket referral code and the Polymarket promo code COVERS for the new-user welcome offer.
Polymarket's friend-referral program is separate. I've provided a table outlining the nuances between the Polymarket free $50 and the other offer:
| Polymarket promo code | Polymarket friend-referral program | |
|---|---|---|
| Bonus amount | Deposit $10, Get $50 Bonus | $25 per person (up to $350 total) |
| Sign-up method | COVERS | Eligible link |
| Where to find | Polymarket invite code shown above | In the Invite Friends/Invite Hub area of the Polymarket app |
| When to use | Enter during registration | Open the eligible referral link or enter the referrer’s username during signup |
| Requirements to qualify | Enter the promo code, trade at least $10 on Polymarket's predictions product | New user must use the referral, complete onboarding and identity verification, and deposit at least $10. No separate qualifying trade required |
| Claim limit | One per Polymarket account | Up to 14 qualifying referrals per referrer |
| Offer's total value | $50 | $25 each for the new user and referrer; referrer can earn up to $350 total |
| Reward expiration | Check the terms attached to the promotional credit for the applicable expiration period | Check the terms attached to the referral credit for the applicable expiration period |
Here's a look at the Polymarket Squad's feature and referral mechanics:
Quick verdict: My thoughts on the current Polymarket promo code COVERS
The Polymarket promo code COVERS is one of my favorite prediction market offers because a $10 deposit unlocks $50 in bonus funds. I also get plenty of flexibility to explore sports, politics, crypto, culture, economics, and breaking news.
For me, the key benefits are:
- Exclusive code: Use COVERS for the current U.S. welcome offer, separate from Polymarket referrals.
- Bonus value: The $50 bonus gives me enough trading power to explore several markets without committing much of my own money.
- Today's markets: MLB takes center stage today with Orioles vs. Yankees and Cubs vs. Red Sox, while Texas vs. Tennessee headlines college football tomorrow, and Ravens vs. Cowboys is one of my NFL Week 3 games to watch Sunday.
- Best fit: I think it suits users looking for a fast-moving platform with plenty of sports and non-sports markets.
How we test the Polymarket promo code
I put the current Polymarket promo code through the Covers prediction market testing process. I tested the actual sign-up flow, deposit, bonus credit, trading experience, settlement, and withdrawal process, then compared what happened with Polymarket US's published incentive terms.
| Testing process | Description | My experience with the Polymarket promo |
|---|---|---|
| 1) Register a new, real account | A Covers expert or user completes Polymarket US's actual sign-up process, including account creation, promo code entry, and identity verification. | I registered with Google in about 30 seconds and completed the full registration process in under five minutes. |
| 2) Deposit and bet | Deposit the minimum amount required to trigger the welcome offer and track when the deposit and promotional funds become available. | I deposited at least $10 to qualify for the $50 bonus. |
| 3) Confirm the bonus structure | Verify that the advertised promotional credit arrives after you complete the qualifying requirements, and check for any additional conditions. | The current offer did not require a separate qualifying trade to receive the deposit incentive. |
| 4) Test the bonus bets | Use the promotional funds as trading collateral on real event contracts to confirm how they can be used and whether any market restrictions apply. | I could use the bonus to explore different markets rather than committing the entire amount to one prediction. |
| 5) Attempt a withdrawal | Close or settle a position and attempt to withdraw eligible proceeds to confirm the advertised restrictions and withdrawal process. | Bonus funds weren't immediately withdrawable and had to be used as trading collateral first. My first eligible withdrawal took just over four hours to arrive. |
| 6) Cross-checked the terms and conditions | Compare Polymarket's official incentive terms with the offer presented to new users, checking the deposit requirement, bonus value, trading conditions, withdrawal restrictions, and campaign details. | I check for differences involving the minimum deposit, qualifying action, withdrawal restrictions, market eligibility, and campaign expiry. |
Where Covers test from
Because Polymarket availability and promotional eligibility can vary by jurisdiction, we only test and claim offers from locations where the relevant Polymarket product and promotion are available.
When we retest the offer, we also check whether location eligibility, age requirements, funding options, or incentive terms have changed rather than assuming a previous test still applies.
- Los Angeles, California
- Chicago, Illinois
- Newark, New Jersey
Our testing scorecard for the Polymarket promo
Here’s how the current Polymarket welcome offer scored based on our hands-on testing. Covers scores each category out of 10, taking points off for bonus delays, confusing terms, trading restrictions, withdrawal friction, or other technical issues.
| What Covers evaluates | Polymarket promo score |
|---|---|
| ⏲️ Redemption speed | 9.5/10 ⭐ - I completed registration in under five minutes, and the current offer only requires a qualifying $10 deposit to unlock the $50 incentive; no separate qualifying trade is listed. |
| ✍️ Terms accuracy | 9.5/10 ⭐ - The $10 minimum deposit and $50 trading bonus matched the offer I tested. The main detail to understand is that bonus funds must be used as trading collateral before becoming withdrawable |
| 🚀 Ease of use | 9/10 ⭐ - Signing up took me under five minutes, and Polymarket US supports familiar funding methods such as debit card, ACH, and wire transfer. I took a point off because the mobile-focused sign-up and deposit-clearing rules can add friction for new users. |
| 💸 Withdrawal integrity | 9/10 ⭐ - My first eligible withdrawal arrived in just over four hours. However, deposited funds must fully clear before withdrawal, and promotional funds aren't immediately withdrawable.. |
| 👥 Customer support responsiveness | 9.5/10 ⭐ - I contacted Polymarket US support to clarify a promotion and received a detailed response within 10 minutes. In-app chat and email are available, although Polymarket doesn't currently list general phone support. |
| ℹ️ Responsible gambling tools | 9.5/10 ⭐ - The current live page doesn't give me enough first-hand evidence to write a testing-based explanation for this category without inventing an experience. |
We regularly re-verify the Polymarket promo
Prediction market promotions can change, so the Covers team rechecks the Polymarket offer when its bonus value, minimum deposit, eligibility, trading requirements, or withdrawal rules change.
The “last verified” date at the top of this page reflects our latest verification of the offer, not a cosmetic update to the article.
Who's behind this testing?
The Covers prediction markets team tests and reviews this page, namely myself, Christian Stringer. I evaluate the Polymarket offer using the same core process I apply to other prediction market promotions, with particular attention to offer accuracy, ease of redemption, trading restrictions, and withdrawals.
Where this page contains affiliate links, that relationship is disclosed and does not change our testing findings.
If you or someone you know has a gambling problem, call 1-800-GAMBLER.
What I like about the Polymarket promo code
Exclusive promo code
Enter our exclusive Polymarket bonus code COVERS during registration to access the current free 50 welcome offer. The promo code applies to Polymarket’s current new-user promotion and is separate from access to the U.S. app.
Low barrier to entry
I only need to deposit $10 to unlock the full $50 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.
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.
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:
Mobile-only redemption
The Polymarket sign-up bonus 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.
Modest bonus ceiling
The total upside is capped at $50 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.
Depositing may confuse newbies
Polymarket US supports familiar funding methods such as debit cards and bank transfers (ACH), but first-time prediction-market users may still need a moment to understand when deposited funds are available to trade and when they have fully cleared for withdrawal. Polymarket US provides deposit guidance in its Help Center if you need more detail on the funding process.
Mobile signup friction
The current Polymarket welcome offer is designed around the mobile signup flow, so desktop users may need to switch to a mobile device to claim it. The COVERS promo code applies to the new-user promotion, but it does not provide special access to or bypass any Polymarket waitlist.
Polymarket promo code comparison
| Polymarket |
 Kalshi |
 OG.com |
 Novig |
|
|---|---|---|---|---|
| Compare | ||||
| Welcome bonus | Deposit $10, Get $50 Bonus | Exclusive $60 Bonus | Trade $25, Get $25 Bonus | Deposit $10, Get $25 |
| Promo code | COVERS | COVERS60 |
COVERS | COVERS |
| Bonus type | Deposit and get | Trade and get | Trade and get | Deposit and get |
| Bonus form | $50 trading bonus | $60 bonus | One (1) $25 bonus | $25 in trade credits |
| Payout speed | Within 24 hours | Within 24 hours | Within 24 hours | Within 24 hours |
| Min. deposit | As little as $10 | $10 | $10 | $10 |
| Covers TradeGrade Bonus Rating | ⭐ 4.9/5 | ⭐ 4.9/5 | ⭐ 4.5/5 | ⭐ 4.8/5 |
Our Polymarket vs. Kalshi or Polymarket vs. FanDuel Predicts guide pages also outline the current Kalshi promo code offer to help you see which prediction market is right for you in 2026.
What markets can you trade with Polymarket?
Polymarket gives me far more than game-by-game sports markets. I can trade event contracts across sports, politics, crypto, economics, technology, culture, and breaking news, with prices moving as traders react to new information.
Polymarket NFL prediction markets
Polymarket is one of my favorite NFL prediction market apps because I can compare game, Super Bowl, division, playoff, and other season-long prices in one place.
For Week 3, I’m watching Falcons vs. Packers tonight, followed by Chiefs vs. Dolphins, Chargers vs. Bills, Ravens vs. Cowboys, and Rams vs. Broncos on Sunday. I also track how NFL prices and liquidity move as injury and matchup news develops.
Here are some live NFL markets on Polymarket:
NFL Week 3: Atlanta Falcons vs. Green Bay Packers
|
|
Moneyline | Spreads | Totals |
|---|---|---|---|
| Atlanta Falcons |
31¢ |
+4.5 (49¢) |
O 43.5 (49¢) |
| Green Bay Packers |
70¢ |
-4.5 (52¢) |
U 43.5 (52¢) |
Total Volume:$1.35M as of September 26, 2026
NFL Week 3: Los Angeles Chargers vs. Buffalo Bills
|
|
Moneyline | Spreads | Totals |
|---|---|---|---|
| Los Angeles Chargers |
25¢ |
+7.5 (53¢) |
O 50.5 (49¢) |
| Buffalo Bills |
76¢ |
-7.5 (49¢) |
U 50.5 (52¢) |
Total Volume:$59K as of September 26, 2026
Polymarket NFL futures
NFL: 2027 Pro Football Champion
|
|
Buy Yes | Buy No |
|---|---|---|
| Los Angeles Rams |
13¢ |
88¢ |
| Kansas City Chiefs |
7.7¢ |
92.4¢ |
| Buffalo Bills |
12¢ |
89¢ |
| San Francisco 49ers |
7.9¢ |
92.4¢ |
|
Seattle Seahawks
|
8¢ |
93¢ |
|
Baltimore Ravens
|
6.8¢ |
93.3¢ |
|
Philadelphia Eagles
|
4.6¢ |
95.5¢ |
|
Detroit Lions
|
4.2¢ |
95.9¢ |
|
Denver Broncos
|
4.3¢ |
95.9¢ |
|
Los Angeles Chargers
|
4.8¢ |
95.3¢ |
Total Volume: $59.2M as of September 26, 2026
2027 NFL MVP
|
|
Buy | Sell |
|---|---|---|
| Josh Allen |
31¢ |
71¢ |
| Joe Burrow |
9.8¢ |
90.3¢ |
| Justin Herbert |
12¢ |
89¢ |
| Lamar Jackson |
16¢ |
87¢ |
| Drake Maye |
11¢ |
90¢ |
| Dak Prescott |
9.5¢ |
91.4¢ |
Total Volume: $1M as of September 26, 2026
How to find NFL markets on Polymarket
Polymarket politics and referendum markets
Politics is still Polymarket’s heavyweight division. These markets move with polling, headlines, speeches, court rulings, and viral moments, which makes the app feel more like a live sentiment board than a standard betting product. I use these markets to read the room first, then decide whether the price is worth trading.
Featured political market: Los Angeles Mayoral Race
|
|
Yes | No |
|---|---|---|
| Nithya Raman |
58.1¢ |
42.0¢ |
|
Karen Bass
|
43¢ |
58¢ |
Total Volume: $14.3M as of September 26, 2026
Presidential Election Winner 2028:
|
|
Yes | No |
|---|---|---|
| J.D. Vance |
23.1¢ |
77.0¢ |
|
Alexandria Ocasio-Cortez
|
13.3¢ |
86.8¢ |
|
Marco Rubio
|
8.8¢ |
91.3¢ |
|
Gavin Newsom
|
7.1¢ |
88.5¢ |
|
Jon Ossoff
|
11.6¢ |
88.2¢ |
|
Kamala Harris
|
3.7¢ |
96.4¢ |
|
Josh Shapiro
|
2.7¢ |
97.4¢ |
Total Volume: $706M as of September 26, 2026
With the 2026 Midterms two months away, I'm tracking all the pertinent markets that could influence the results. Here's a look at a few of them:
Polymarket lets me trade markets across sports, politics, crypto, technology, culture, global news, and more. Its sports coverage includes major leagues such as the NFL, NBA, MLB, NHL, college sports, soccer, tennis, golf, and F1, as well as niche and international events.
Polymarket has also expanded through its BLAST esports partnership and its role as MLB's official prediction market exchange partner, which includes access to official league data and restrictions on markets that could create integrity risks.
Additional Polymarket trading 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 (BTC), Dogecoin, hourly values, Ethereum)
Example: Will Bitcoin be above $120,000 on a certain date?
Climate (weather, 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, academic papers)
Example: Which company will be the largest at the end of the month?
Health (disease spread, COVID)
World (foreign economies, international politics)
Polymarket live event trading
Polymarket prices move as traders react to new information, letting me enter or exit a position before an event is resolved. If the price moves in my favor, I can sell early rather than waiting for settlement.
Polymarket player props
Polymarket offers player props on individual performances, including stats such as yards, points, touchdowns, strikeouts, and goals. Like other Polymarket contracts, these use Yes/No pricing that reflects the market's implied probability.
Pokémon card prediction markets are now live on Polymarket
Polymarket has expanded into Pokémon card markets, letting me trade on whether specific cards or sealed products will rise or fall in value by a set date. I wouldn't make these my first choice for using the promo bonus unless I already understand collectible pricing, but they're a good example of Polymarket expanding beyond traditional sports, politics, and crypto markets.
Bitcoin Up or Down every 15 minutes
Polymarket's 15-minute Bitcoin Up or Down markets give me a much faster trading format. A new market opens every 15 minutes, 24/7, and I predict whether Bitcoin will finish above or below a displayed target price. I can see the live Bitcoin candle and current Up/Down prices before trading, then either hold until the 15-minute market resolves or cash out early.
How to get maximum trading value from your Polymarket bonus
How to get maximum trading value from your Polymarket bonus. I want to make the $50 Polymarket bonus stretch across multiple trades rather than use it all on one prediction. These are the strategies I use to get more trading value from my promotional funds.
📊 Start with markets you understand
I prioritize markets where I already follow the news, teams, or underlying data. That lets me use the bonus to test informed predictions rather than chasing whatever happens to be trending.
🧺 Split the bonus across multiple trades
Instead of putting the entire bonus into one contract, I spread it across several smaller positions. This gives me more opportunities to trade while limiting the impact of one incorrect prediction.
💰 Compare prices before trading
I check the order book, current probability, and bid-ask spread before entering. I don't want to waste bonus value by accepting a poor price when a better entry may be available.
💧 Prioritize liquid markets
I prefer active markets with plenty of buyers and sellers. Stronger liquidity and tighter spreads can make it easier to enter at a competitive price and exit when I want.
🚪 Use early exits strategically
I don't need to hold every position until settlement. If a contract moves significantly in my favor, I can sell early and potentially free up funds to trade another market.
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. Polymarket resolved its regulatory issues by acquiring QCEX, whose affiliate QCX LLC is a licensed derivatives exchange. Because QCX LLC is officially registered with the Commodity Futures Trading Commission (CFTC), Polymarket can operate its U.S. prediction market under federal regulatory oversight. Polymarket's QCEX acquisition is one route into regulated U.S. prediction markets, while ROLR is taking a different path through Crypto.com Derivatives North America as it builds toward real-money trading. Our ROLR promo code guide tracks that rollout and its current promotional status.
Polymarket is available to eligible users in many U.S. jurisdictions, offering New York prediction markets, California prediction markets, Texas prediction markets, Georgia prediction markets, and Florida prediction markets, among others. Availability and promotional eligibility can vary by jurisdiction, so users should confirm their eligibility before signing up or trading. Polymarket is not subject to the same state-by-state licensing framework that applies to online sports betting apps and social or sweepstakes casinos.
Georgia users comparing federally regulated prediction markets can also see our Is Kalshi legal in Georgia? guide for Kalshi-specific availability and regulatory details.
Where is the Polymarket promo available?
Polymarket promo eligibility differs from general platform availability. As of Sept. 26, 2026, current partner sources agree that the welcome offer is unavailable in Arizona, Illinois, Maryland, Massachusetts, Michigan, Montana, Nevada, and Ohio. Current partner sources conflict on New Jersey, with some listing it as eligible and others listing it as excluded. Because promotional eligibility can vary by campaign and change over time, check the current free 50 COVERS offer terms and your location before signing up.
Polymarket availability and promo code eligibility by state
| State | Can You Trade on Polymarket? | COVERS Promo Eligible? |
|---|---|---|
| Alabama | ✅ Yes | ✅ Yes |
| Alaska | ✅ Yes | ✅ Yes |
| Arizona | ✅ Yes | ✅ Yes |
| Arkansas | ✅ Yes | ✅ Yes |
| California | ✅ Yes | ✅ Yes |
| Colorado | ✅ Yes | ✅ Yes |
| Connecticut | ✅ Yes | ✅ Yes |
| Delaware | ✅ Yes | ✅ Yes |
| District of Columbia | ✅ Yes | ✅ Yes |
| Florida | ✅ Yes | ✅ Yes |
| Georgia | ✅ Yes | ✅ Yes |
| Hawaii | ✅ Yes | ✅ Yes |
| Idaho | ✅ Yes | ✅ Yes |
| Illinois | ✅ Yes | ✅ Yes |
| Indiana | ✅ Yes | ✅ Yes |
| Iowa | ✅ Yes | ✅ Yes |
| Kansas | ✅ Yes | ✅ Yes |
| Kentucky | ✅ Yes | ✅ Yes |
| Louisiana | ✅ Yes | ✅ Yes |
| Maine | ✅ Yes | ✅ Yes |
| Maryland | ✅ Yes | ✅ Yes |
| Massachusetts | ✅ Yes | ✅ Yes |
| Michigan | ✅ Yes | ✅ Yes |
| Minnesota | ✅ Yes | ✅ Yes |
| Mississippi | ✅ Yes | ✅ Yes |
| Missouri | ✅ Yes | ✅ Yes |
| Montana | ✅ Yes | ✅ Yes |
| Nebraska | ✅ Yes | ✅ Yes |
| Nevada | ❌ No | ❌ No |
| New Hampshire | ✅ Yes | ✅ Yes |
| New Jersey | ✅ Yes | ✅ Yes |
| New Mexico | ✅ Yes | ✅ Yes |
| New York | ✅ Yes | ✅ Yes |
| North Carolina | ✅ Yes | ✅ Yes |
| North Dakota | ✅ Yes | ✅ Yes |
| Ohio | ✅ Yes | ✅ Yes |
| Oklahoma | ✅ Yes | ✅ Yes |
| Oregon | ✅ Yes | ✅ Yes |
| Pennsylvania | ✅ Yes | ✅ Yes |
| Rhode Island | ✅ Yes | ✅ Yes |
| South Carolina | ✅ Yes | ✅ Yes |
| South Dakota | ✅ Yes | ✅ Yes |
| Tennessee | ✅ Yes | ✅ Yes |
| Texas | ✅ Yes | ✅ Yes |
| Utah | ✅ Yes | ✅ Yes |
| Vermont | ✅ Yes | ✅ Yes |
| Virginia | ✅ Yes | ✅ Yes |
| Washington | ✅ Yes | ✅ Yes |
| West Virginia | ✅ Yes | ✅ Yes |
| Wisconsin | ✅ Yes | ✅ Yes |
| Wyoming | ✅ Yes | ✅ Yes |
- Regulatory compliance: Polymarket is a Designated Contract Market (DCM) and is therefore regulated by the Commodity Futures Trading Commission (CFTC), which oversees federal trading laws.
- Auditing and security: Polymarket holds SOC 2 Type II compliance and uses SSL encryption to protect your data.
Covers Expert AnalysisChristian Stringer, Prediction Markets Editor
What is Polymarket: How does Polymarket trading work?
Polymarket U.S. is a CFTC-regulated Designated Contract Market (DCM) operated by QCX LLC, where real-world events become tradable markets. In short, prediction market apps like Polymarket let me trade event contracts based on whether a real-world outcome will occur.
Instead of betting against an oddsmaker, I can buy or sell contracts priced by activity among market participants. Prices change as supply, demand, and new information affect what traders are willing to pay. A contract that ultimately settles in my favor pays according to the market’s settlement rules, but I can also sell a position before resolution if I want to exit earlier.
Topics range widely, from politics to tech, culture, sport, and more. I decide when to enter or exit positions, assessing the market price based on current information and my own research.
To learn more, check out our in-depth Polymarket review.
Polymarket trading odds and fees
Polymarket shows odds through market prices set by traders, not fixed sportsbook odds. Standard event contracts have two sides, Yes and No, with traders submitting orders at the prices they're willing to buy or sell.
Contract prices range from $0.01 to $0.99 and move as supply, demand, and new information change. I can use the order book to compare buyer bids with seller asks. Prices generally represent the market's implied probability, although liquidity and the bid-ask spread can affect the price I actually receive.
When a standard market resolves, winning contracts settle at $1 and losing contracts at $0, although I always check individual market rules for exceptions. Polymarket US also charges trading fees rather than building a house edge into fixed odds.
Its current exchange-wide fee schedule uses taker fees and maker rebates based on contract price and quantity, with the biggest impact around $0.50. For example, 100 contracts at $0.50 carry a $1.50 taker fee and roughly $0.31 maker rebate. Fees and rebates decrease as prices approach $0.01 or $0.99, while qualifying high-volume takers may receive additional rebates.
How does Polymarket compare to traditional sports betting?
Prediction markets are similar 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 regulators treat them 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.
What's new with Polymarket?
Prediction markets move quickly, and Polymarket keeps adding new features, partnerships, and market categories. I like revisiting this section because it highlights the biggest product updates beyond the welcome bonus.
Here are the developments I'm following:
- Polymarket and New York sue each other over prediction markets: New York sued Polymarket US on Sept. 24, alleging that its prediction markets constitute unlicensed gambling and asking a court to stop the platform from operating in the state. Polymarket responded with its own federal lawsuit, arguing that its federally regulated event contracts fall under CFTC jurisdiction rather than state gambling regulation. I'll be watching the case because its outcome could affect Polymarket availability in New York.
- Polymarket launches 15-minute Bitcoin Up or Down markets: I can now trade Bitcoin in 15-minute windows, with a new Up or Down market opening every quarter hour. I simply choose whether Bitcoin will finish above or below its opening price, with Chainlink's BTC/USD TWAP data determining the result. I like how different this feels from Polymarket's longer-term markets — I don't need to predict where Bitcoin is heading this year, just where it'll be 15 minutes from now.
- Polymarket extends zero-fee football through Sept. 28: Polymarket is keeping NFL and college football markets fee-free through Sept. 28, extending the promotion for another full weekend of football. I like the extension because I can compare football prices for NFL Week 3 without factoring Polymarket's normal taker fees into every trade.
- Polymarket rolls out Squads: Polymarket's new Squads feature gives me a more social way to use the app. I can create private groups with friends, chat about markets, share positions and Combos, see what everyone else is trading, and trade alongside them. It feels much closer to bringing the group chat directly into Polymarket instead of trading on my own.
Recent Polymarket updates
Follow along to stay up to date with the latest Polymarket updates and news.
Sept. 24, 2026: New York sues Polymarket for running an 'illegal gambling operation.'
Sept. 17, 2026: Polymarket's LeBron James endorsement is worth $15 million, more than his Philadelphia Sixers salary.
Sept. 5, 2026: LeBron James teases a collaboration with Polymarket in a social media post.
Sept. 1, 2026: Donald Trump Jr.'s firm, 1789 Capital, invests $300 million into Polymarket as part of a $1 billion round of funding.
Aug. 19, 2026: Polymarket tests combo trades ahead of football season.
Aug. 6, 2026: Polymarket is named the official prediction market partner of the New York Yankees.
July 1, 2026: The battle between prediction markets and New Mexico escalated Tuesday as Polymarket sued the state in an effort to block enforcement of its gambling laws.
June 26, 2026: The CFTC, the federal regulator overseeing prediction markets, is conducting an "extensive investigation" into Polymarket after separate allegations that the company used fake bets and fabricated winnings in a social media marketing campaign.
June 22, 2026: A Polymarket user put their money where their mouth was, netting nearly $1 million in profit wagering on Egypt to cover the spread in their World Cup match against New Zealand.
June 22, 2026: Prediction platform operator Polymarket announced it's now the Bundesliga’s Official Prediction Market Partner in the U.S.
June 19, 2026: A federal judge denied Polymarket's preliminary injunction request in a Michigan case after a lawsuit was filed that sought to block Michigan from enforcing its gambling laws concerning the prediction market operator’s sports contracts.
June 18, 2026: Splash Sports has partnered with Polymarket to offer its 2 million users access to prediction markets later this summer.
June 16, 2026: A Polymarket user lost nearly $1 million when Spain failed to beat Cabo Verde in Monday’s 0-0 draw.
June 12, 2026: One Polymarket trader isn’t feeling very patriotic ahead of the U.S.' first appearance at the 2026 World Cup Friday, risking over $505,000 on the team failing to win its match against Paraguay.
June 4, 2026: Polymarket has an entire dossier dedicated to instances in which the company believes Kalshi has been spying and copying its ideas, including competing New York grocery store promotions from earlier this year.
June 1, 2026: Polymarket is reportedly increasing geographic restrictions in an attempt to move away from anonymous trading by trying to reduce the use of virtual private networks (VPNs) used to access its platform,
May 28, 2026: A Google employee has been arrested for using sensitive information to win $1.2 million by trading contracts at prediction platform Polymarket.
May 27, 2026: Spain’s Consumer Rights Ministry temporarily blocked access to prediction market operators Polymarket and Kalshi while it investigates their lack of gambling licenses.
May 21, 2026: Polymarket asked the CFTC to self-certify bundled sports contracts, which require every leg hitting to win.
May 18, 2026: Polymarket has been scrutinized after nine linked accounts reportedly made more than $2.4 million on Iran-related military event contracts.
May 14, 2026: Polymarket is continuing its headlong dive into the soccer world, announcing a new partnership with Italy’s Serie A as the league’s exclusive U.S. prediction market platform.
May 12, 2026: Polymarket opens access to iOS users for its U.S. exchange.
Additional predictive market platform promos
Are you looking for Polymarket alternatives? Check out some of these other prediction markets and event contract exchanges:
The Moon promo code page will get you started with everything you need to know. Fanatics formed a partnership with Crypto.com to launch an online predictive platform. Check out our Fanatics Markets promo code review for more details. Crypto.com delivers a $50 bonus that can be attained without the use of a Crypto.com promo code.
Provides up to $25 in bonuses that can be claimed without an OG promo code. The optimal Plus500 promo code is COVERS to activate the welcome offer. Visit our Onyx promo code page for the latest welcome offer, eligibility details, and current terms. Visit our Underdog promo code page for the latest offer, eligibility details, and current terms. Learn everything available about the Gemini promo code. FanDuel teamed with CME Group to launch FanDuel Predicts. Check out our FanDuel Predicts promo code review page to learn more
Polymarket promo code FAQ
The current Polymarket US promo code is COVERS to earn a $50 bonus from a $10 deposit, a 500% return.
No. Polymarket does not currently offer a no-deposit promo code. I need to deposit at least $10 to qualify for the $50 welcome bonus with code COVERS.
Eligible new users must register with promo code COVERS and make a qualifying deposit of at least $10 to receive the current $50 incentive credit. The incentive funds must be used as trading collateral before they can become withdrawable, and current campaign terms and location restrictions apply.
No. Polymarket is not blocked across the U.S., but availability and promotional eligibility vary by state. Eligible users can access Polymarket in many U.S. jurisdictions, so check the current terms and your location before signing up or trading.
Yes, there is current free $50 COVERS welcome offer. The current Polymarket promo code COVERS gives eligible new users a $50 trading bonus after a qualifying $10 deposit. Always review the latest promotion terms and eligibility requirements before signing up.
Yes. Existing Polymarket US users may be eligible for maker rebates, taker rebates, liquidity incentives, and the Refer-A-Friend program. These programs work differently from the new-user welcome offer, and eligibility or reward amounts can vary based on trading activity and the specific program terms.
Polymarket US offers event contracts across sports, politics, crypto, economics, weather, technology, culture, entertainment, geopolitics, and other real-world events. Available markets change frequently, so check the app for the latest categories and contracts.
Polymarket began rolling out its U.S. app to select waitlist users in December 2025, initially offering sports event contracts. The U.S. rollout expanded in 2026 as access opened more broadly.
Polymarket US does not currently use an invite code for the welcome offer. The Polymarket promo code is COVERS to claim a $50 bonus from a minimum $10 deposit. Polymarket US referral codes are separate and use an existing user’s username through the Refer-A-Friend program.
Yes. Eligible new users can sign up with the Polymarket promo code COVERS and make a qualifying deposit of at least $10 to receive the current $50 trading bonus.
Yes. The Polymarket US app is available for eligible iOS users through the Apple App Store. Availability and trading eligibility can still vary by jurisdiction.
I can get the $50 Polymarket bonus by signing up with promo code COVERS, depositing at least $10, and completing the qualifying requirements.
Yes, Polymarket has a 500% bonus. Simply deposit $10 to receive five times that value ($50).
Yes, the free $50 is promotional trading credit rather than $50 in immediately withdrawable cash, and I still need to make the required $10 deposit to qualify.
No, FREE50 is not the Polymarket promo code I use; the current Polymarket promo code is COVERS for the free $50 welcome offer.
