The Polymarket promo code COVERS is available ahead of the 2026 U.S. midterm elections on Tuesday, Nov. 3, when all 435 House seats and 35 Senate seats are on the ballot. New users who enter the code can claim a $25 trading bonus by depositing $10 and placing a trade on one of the best prediction market apps. As of Nov. 2, the offer remains open for traders looking to weigh in on House and Senate control markets.
Polymarket promo code details
| Polymarket New Customer Offer | Deposit $10, Get $25 Bonus |
| Polymarket Promo Code | COVERS |
| Minimum Deposit | $10 |
| Qualifying Transaction | N/A |
| Eligibility | New Customers, 18+. All states except Nevada |
| T&Cs |
18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See https://polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization. |
| Date Verified | November 1 |
| Info Confirmed By | Joshua Howe |
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How the Polymarket Promo Code Works for the Midterms
To unlock the welcome offer, new users must enter the Polymarket promo code COVERS during registration, before making a deposit. A code is required, and it cannot be added after an account has already been created, so it's best to register through a verified link from the start. Depositing at least $10 and placing a qualifying trade then unlocks the $25 trading bonus tied to this offer.
- Available in all U.S. states except Nevada
- Requires photo ID verification and a selfie holding that ID
- Minimum qualifying deposit of $10
- Bonus funds carry a 1x playthrough requirement before cash withdrawal
Traders can apply bonus funds to midterm election markets, such as the House and Senate control contracts tracking the Tuesday, Nov. 3 elections. For example, a trade backing Democratic control of the House, priced around 94% on Polymarket's exchange, would return a smaller profit given the high probability if it resolves correctly. A trade on the Senate control market, listed near 72% for Democratic control, carries more variance, and if it loses, the bonus funds used are simply forfeited with no additional amount owed.
Active traders can also generate their own Polymarket referral code to earn further bonuses by inviting others to the platform. Anyone weighing multiple options should review the best prediction market promos before deciding where to trade on the midterms.
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What Is the Polymarket Promo Code?
The Polymarket promo code is COVERS. Enter it at signup, deposit at least $10, and complete an eligible real-money trade to unlock a $25 trading bonus.
Use the correct code for your state
| Code | Eligible States |
| COVERS | All states except Nevada |
How to Claim the Polymarket Welcome Offer
Follow these steps to claim the offer ahead of the Nov. 3 midterm elections.
- Sign up through a verified link and enter code COVERS at registration.
- Complete identity verification with a photo ID and selfie.
- Deposit at least $10 using a debit card, bank transfer, Apple Pay, or crypto.
- Place a qualifying trade on an eligible market, such as House or Senate control.
- Receive the $25 trading bonus once requirements are met.
Read a full Polymarket review before signing up to learn more about the platform.
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