Polymarket Promo Code COVERS: Get $50 Bonus for NBA, WNBA, NHL, MLB Prediction Markets

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: May 23, 2026 , 04:00 PM ET • 4 min read

Use Polymarket promo code COVERS for a $50 bonus this May 23 as the NBA & NHL Playoffs, WNBA, and MLB heat up.

Photo By - Get A $50 Bonus With Our Polymarket Promo Code.

The postseason spotlight burns bright on Saturday, May 23, with Game 2 of the Eastern Conference Final between the Montreal Canadiens and Carolina Hurricanes, Game 3 of the NBA Eastern Conference Finals between the Cleveland Cavaliers and New York Knicks, plus a full slate of MLB and WNBA action. New users can get in on the action by using the Polymarket promo code COVERS to claim a $50 bonus on one of the best prediction market apps available. A code is required, and this offer is live as of May 23.

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Get $50 With Code COVERS

Polymarket Promo Code Offer: Claim Your $50 Bonus for the NBA and NHL Playoffs

The Polymarket promo code COVERS unlocks a $50 welcome bonus for new users who sign up and make an initial deposit of at least $20. Unlike traditional sportsbook promotions, this offer is tied to Polymarket's prediction market model, where you trade on the outcome of events rather than placing standard wagers. That means you can put your knowledge of the Canadiens-Hurricanes series or the Cavaliers-Knicks matchup to work in a unique and engaging way.

Here is a breakdown of the key terms and conditions attached to this offer:

  • Available in all U.S. states except Nevada
  • You must be physically located in an eligible state at the time of sign-up
  • A minimum deposit of $20 is required to activate the bonus
  • Proof of ID is required, including a photo of your driver's license or passport and a selfie holding that ID
  • Polymarket may also request Social Security Number verification during registration

To illustrate how the platform works, consider trading on whether the Cavaliers will win Game 3 in Cleveland. If Donovan Mitchell delivers and Cleveland pulls through, your position pays out accordingly. If the Knicks and Jalen Brunson hold serve on the road, your trade does not pay out. The same logic applies to NHL markets, where you might trade on Carolina winning Game 2 against Montreal. Polymarket also extends well beyond sports, offering prediction markets on politics, economics, entertainment, and more, which sets it apart from any traditional sportsbook.

For a broader look at what is available, check out the best prediction market promos compared side by side.


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Use the correct Polymarket promo code for your state

  Promo Code Eligible States
  COVERS All states + DC, excluding NV

How to Claim the Polymarket Sign-Up Bonus for May 23 Playoff Action

Getting started with Polymarket and claiming your welcome bonus is a straightforward process. Follow these steps to activate the offer before tonight's games tip off and drop the puck:

  1. Navigate to Polymarket and click the "Sign Up" button to begin registration.
  2. Enter promo code COVERS during the registration process to ensure the bonus is applied to your new account.
  3. Provide the required personal information, including your date of birth, phone number, and location.
  4. Complete identity verification by submitting a photo of your driver's license or passport along with a selfie holding that ID. You may also be asked to verify your Social Security Number.
  5. Once your account is created, navigate to your Polymarket wallet and click the "Deposit Cash" button.
  6. Select your preferred payment method and deposit a minimum of $20 to activate the $50 welcome bonus.
  7. Browse available markets, including NBA playoffs, NHL playoffs, WNBA, and MLB, and place your first trade.

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Luc LeBlanc
Content Editor

Luc has been passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

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