Prediction Market Promos for Election Night: Claim Bonus Funds When You Deposit and Trade on Midterm Predictions

Joshua Howe - Content Manager at Covers.com
Joshua Howe • Content Manager 5+ years betting experience
Updated: Nov 3, 2026 , 07:40 PM ET • 3 min read

Claim the best prediction market promos for Election Night 2026. Compare prediction market promos from top prediction market sites before polls close.

Claim prediction market welcome bonuses by signing up today!
Photo By - Claim prediction market welcome bonuses by signing up today!

Election night 2026 is here, and new users can claim welcome offers at the best prediction market apps before the first polls close at 6 PM ET. Our prediction market promos guide covers predictions market promos from every major platform, starting with a quick download, registration, and a qualifying deposit or trade. Most offers require identity verification, so sign up early on Tuesday, November 3.

Our best prediction market promos

Top 7 Prediction Markets Welcome Offers Claim Now
Kalshi $60 Trading Bonus Claim $60 with code 'MAX60'
Polymarket Deposit $10, Get $25 Bonus Claim $25 with code "COVERS"
FanDuel Trade $5, Get $100 in Predicts Bonuses Claim $100
ProphetX Trade $40, Earn $40 Claim $40 with code "COVERS"
Underdog Play $10, Get $50 in Bonus Entries Claim $50 with code "COVERS"
OG.com Trade $25, Get $50 Bonus Claim $50
Plus500 Trade $10, Get $20 Bonus Claim $20 with code "COVERS"
Crypto.com Unlock $50 Bonus Claim $50

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Election Night Prediction Market Promos

With House and Senate control markets drawing millions of dollars in volume, election night is a timely moment to explore the best prediction market sites and the best predictions promos on offer. Each platform below includes its offer, key terms, and steps to claim, so you can pick the one that fits your plans before polls begin closing across the country.


No. 1: Kalshi

*Certain limitations apply. The offer is available to new users only, subject to the terms and conditions at http://kalshi.com/tc/55. 18+ only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Kalshi products are not available in all jurisdictions. See kalshi.com/regulatory for more information.

Kalshi Promo Code: Trade $25, Get $60

Eligible new customers can enter the Kalshi promo code MAX60 during registration to claim the Trade $25, Get $60 offer. Kalshi lets users trade contracts on sports, politics, economics, and pop culture, which includes election night markets.

Key terms and conditions:

  • Available in all states except Nevada and Washington.
  • You must be physically present in an eligible location.
  • You can use either the promo code MAX60 or an eligible referral link, but not both.
  • The offer is limited to one per Kalshi account.
  • You must provide a government-issued ID or passport, along with a selfie holding that ID.
  • Make an initial deposit of at least $10 and transact at least $25 on Kalshi's Predictions product.
  • After you transact at least $25, the $60 bonus is credited regardless of whether the qualifying transactions win or lose.
  • Bonus credit cannot initially be withdrawn, must be used on Kalshi's Predictions product, and expires seven days after it is granted.

How to claim the Kalshi offer:

  1. Visit Kalshi, select Sign Up, and enter the promo code MAX60 during registration.
  2. Provide your personal information, including date of birth, phone number, location, Social Security number, and a photo ID with a selfie.
  3. Click Deposit Cash in your Kalshi wallet and add at least $10 using your preferred payment method.
  4. Browse the available markets and transact at least $25 on Kalshi's Predictions product.
  5. Use your bonus credit on Kalshi's Predictions product before it expires, then withdraw eligible cash proceeds through the Transfers section.

No. 2: Polymarket

 Polymarket Logo 

Deposit $10, Get $25
Code: COVERS

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.

Polymarket Promo Code: Deposit $10, Get $25

New users can enter the Polymarket promo code COVERS during registration to unlock a $25 trading bonus after a $10 deposit. The platform covers sports, politics, and news markets.

Key terms and conditions:

  • Available in all states except Nevada.
  • You must be physically located in an eligible location.
  • You must sign up with the code COVERS to trigger the offer.
  • You must provide proof of ID, including a photo of a driver's license or passport and a selfie holding that ID.
  • Make an initial deposit of $10.
  • Promo codes generally cannot be applied after your account has been created.
  • Once you meet the 1x playthrough requirement of the bonus, any profit from your trades can be withdrawn as cash.

How to claim the Polymarket offer:

  1. Open the app using a verified link on this page, click Sign Up, and enter the code COVERS.
  2. Enter the verification code sent to your email, or register with a crypto wallet such as MetaMask.
  3. Deposit at least $10 using a debit card, bank transfer (ACH), Apple Pay, or crypto.
  4. Place a real-money trade on any eligible market.
  5. Receive your $25 trading bonus and use it on your next trades.

No. 3: FanDuel Predicts

 FanDUel 

Trade $5, Get $100 in Predicts Bonuses

Restrictions and eligibility requirements apply. The offer is available to new users only, subject to the terms and conditions specified by FanDuel Predicts. 18+ only. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. FanDuel Predicts products are not available in all jurisdictions.

FanDuel Predicts Promo Code: Trade $5, Get $100 in Predicts Bonuses

No FanDuel Predicts promo code is required for this offer, which applies automatically. Eligible new users can earn up to $100 in Predicts Bonus by making a deposit and completing qualifying $1 real-money trades.

Key terms and conditions:

  • The offer is only valid in AK, AL, CA, DE, FL, GA, HI, ID, MN, NE, NM, ND, OK, RI, SC, SD, TX, or UT.
  • You must sign up for a new FanDuel Predicts account, make a deposit, and complete a qualifying $1 real-money trade. No specific minimum deposit amount is stated.
  • You receive an initial $20 Predicts Bonus, then earn another $20 for each of the next four days you complete the trade requirement, up to $100 total.
  • Each $20 Predicts Bonus can take up to 72 hours to credit.
  • Trades made with site credit, bonus credit, or another promotional bonus do not count toward the requirement.
  • The Predicts Bonus is non-withdrawable, but cash payouts from a successful bonus trade are withdrawable.
  • Any unused bonus is removed one day after it is credited.
  • The promotion runs from Aug. 24, 2026 at 1:00 PM ET through Oct. 20, 2026 at 11:59 AM ET.
  • Users who previously signed up for a FanDuel account or made a prior trade are not eligible.

How to claim the FanDuel Predicts offer:

  1. Use the FanDuel Predicts claim link to create an account. No promo code is needed.
  2. Provide your personal information, which may include your birth date, Social Security number, home address, and a photo of a government-issued ID.
  3. Confirm the offer is available in your state, then make a deposit using an available payment method.
  4. Complete a qualifying $1 real-money trade to earn the initial $20 Predicts Bonus.
  5. Place at least a $1 real-money trade on each of the next four days to earn another $20 per day, selecting the bonus manually in the trade slip.

No. 4: ProphetX

 ProphetX Logo 

Earn $40
Code: COVERS

Federally regulated. Live nationwide. Trading sports event contracts involves substantial risk of loss and is not appropriate for all investors. Past results are not necessarily indicative of future results. You should consider whether trading is appropriate for you in light of your financial circumstances. ProphetX is a CFTC-regulated designated contract market. Full risk disclosure available at prophetx.co/risk.

ProphetX Promo Code: Trade $40, Get $40

New users can enter the ProphetX promo code COVERS during registration to earn a $40 trading bonus after depositing and trading $40.

Key terms and conditions:

  • Available in all states plus DC, excluding Nevada.
  • You must be physically present in an eligible location.
  • You must sign up with the code COVERS to trigger the offer.
  • You must provide a government ID or passport, along with a selfie holding that ID.
  • Make an initial deposit of $40 or more and trade at least $40 in event contracts.
  • The $40 bonus is credited once you complete $40 in trades, regardless of whether those trades win or lose.
  • The offer is ongoing.

How to claim the ProphetX offer:

  1. Launch the ProphetX app or desktop site, click Register, and enter the promo code COVERS.
  2. Provide your full name, date of birth, mailing address, Social Security number, phone number, and ID photo, then enter the one-time PIN sent by text.
  3. Go to the banking section and deposit at least $40.
  4. Make your first $40 trade in the available markets.
  5. Receive your $40 in bonus funds, then withdraw eligible winnings once all conditions are met.

No. 5: Underdog

Play $10, Get $50 in Bonus Entries
Code: COVERS

Must be 18+ (19+ in AL, NE; 19+ in CO for some games; 21+ in AZ, MA, and VA) and present in a state where Underdog Fantasy operates. Terms apply. Offer not valid in MD, MI, NJ, NY, OH, and PA. Concerned with your play? Call 1-800-MY-RESET or 1-800-GAMBLER or visit www.ncpgambling.org; AZ: 1-800-NEXT-STEP (1-800-639-8783) or text NEXT-STEP to 53342; NY: Call the 24/7 HOPEline at 1-877-8-HOPENY or Text HOPENY (467369).

Underdog Promo Code

The Underdog promo code page on Covers has the latest information for this platform. Check the page for current availability and details before registering.

  1. Follow the Underdog link provided on this page to begin registration.
  2. Review the current offer, eligibility requirements, and terms on the Underdog promo code page.
  3. Create your account and complete identity verification.
  4. Fund your account and follow the qualifying steps listed for the offer.

No. 6: OG.com

OG.com Logo

Trade $25 & Get $50
Code: COVERS

 

Campaign period: Extended. The promotion expires seven days after account verification, and only events settled within this seven-day window are eligible. Each qualifying trade must be worth at least $10 and have a probability below 80%. Trades at or above 80% probability will not count. Trades are counted only after they have settled, and trades placed using rewards are not eligible.

OG Promo Code: Trade $25, Get $50 Bonus

The OG promo code COVERS gives new users access to up to $50 in trading bonuses after signing up through the links on this page and making a $25 trade.

Key terms and conditions:

  • Available in all U.S. states except NY and AZ. Users in IL, MA, MD, MI, NJ, NV, and OH may claim the bonus but cannot use it for sports trading.
  • You must be physically located in a legal OG state.
  • Make a minimum deposit of $10.
  • Place a trade of at least $25 within seven days of KYC approval.
  • Your qualifying trade must settle within seven days of account verification.
  • Only trades with a probability below 80% qualify, and contracts purchased at $0.80 or higher are excluded from the trading volume.
  • The offer is available to all new users.

How to claim the OG offer:

  1. Visit OG.com, click Sign Up, verify your email address and mobile phone number, and create a passcode.
  2. Complete identity verification with your full name, date of birth, address, and the last four digits of your Social Security number, and enter the promo code COVERS.
  3. Deposit enough cash to cover the $25 qualifying trade using a debit card, Apple Pay, Google Pay, ACH, or wire transfer.
  4. Place a trade of at least $25 on a market below 80% probability that will settle within seven days of account verification.
  5. After the trade settles, review your cash and promotional balances in your portfolio and withdraw eligible cash through the Withdraw option.

No. 7: Plus500

Trade $10, Get $20 Bonus
Code: COVERS

Terms & Conditions apply.
.

Plus500 Promo Code: Trade $10, Get $20 Bonus

New customers can enter the Plus500 promo code COVERS during registration to activate a $20 bonus after a $10 trade.

Key terms and conditions:

  • Available for new customers only.
  • Available in all states plus DC except AZ, CT, IL, IA, KY, MD, MA, MI, MN, MT, NV, NM, NY, OH, RI, and TN.
  • Minimum initial deposit of $10 and a qualifying trade of $10.
  • The bonus arrives as trading credit within seven days.
  • Limited to one offer per person, and only the first 5,000 customers can claim it.
  • The offer expires Oct. 31, 2026.
  • The $20 Prediction Markets bonus is eligible for withdrawal.

How to claim the Plus500 offer:

  1. Use the Covers Plus500 link and open a real-money account with your basic information and a Plus500 login.
  2. Enter the promo code COVERS in the promo code field before making a deposit.
  3. Complete identity verification, which may require your address, contact information, and Social Security number.
  4. Deposit at least $10, plus enough to cover applicable fees.
  5. Complete a $10 qualifying trade, then monitor your account for the $20 bonus.

No. 8: Crypto.com

Unlock $50 Bonus

Restrictions and eligibility requirements apply. The offer is available to new users only, subject to the terms and conditions specified by Crypto.com. 18+ only. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. Crypto.com products are not available in all jurisdictions.

Crypto.com Promo Code: Unlock Up to $50 Bonus

No Crypto.com promo code is required. Follow the links on this page to claim a bonus of up to $50 that matches your qualifying deposit.

Key terms and conditions:

  • Available in most states plus DC, except AR, AZ, CT, IL, LA, MA, MD, MI, NV, NY, and OH.
  • Registration requires personal information, such as your legal name and email address, and proof of ID.
  • Make a minimum initial deposit of at least $10, and Crypto.com will match your stake in a bonus of up to $50.
  • The offer is ongoing and has no expiry date.

How to claim the Crypto.com offer:

  1. Download the Crypto.com app from the App Store or Google Play and open it to begin registration through the eligible link.
  2. Complete KYC verification by confirming your phone number and providing a valid government-issued ID.
  3. Deposit at least $10 using USD payments such as ACH, bank transfer, Visa, Mastercard, Apple Pay, or Google Pay, or use crypto such as Bitcoin, Litecoin, or Ethereum.
  4. Open the Sports tab in the Crypto.com predictions marketplace and buy or sell a contract.
  5. After the event concludes, withdraw funds through the Transfer section by selecting Withdraw Funds and choosing a linked payment method.

Election night on Tuesday, November 3 gives new users a timely reason to compare these offers before the first polls close. Review the terms for each platform, confirm eligibility in your state, and complete registration early so your account is verified and funded. Percentages on any market reflect trading prices, not declared results, and can shift as returns are released.


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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Joshua Howe - Covers
Content Manager

Joshua Howe is a content manager at Covers, helping make smarter sports bettors since 2021. An experienced writer and editor, he has developed a sterling reputation within the iGaming space as a meticulous and thoughtful content creator, consistently focused on editorial leadership and strategy, engaging diverse audiences, providing authoritative industry analyses, and crafting compelling stories across multiple mediums. He has reviewed over 30 sportsbooks and has been placing his own wagers for four years and counting.

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