Polymarket has a sign-up bonus up for grabs for new users through select partner offers. To claim it, just register with a valid promo code like PREDICTSAIL and make a minimum deposit of $20, that alone unlocks a $50 trading bonus to start trading with.
What’s more, the site – which lets you buy and sell “yes” and “no” event contracts on anything from sports and pop culture predictions, to political probabilities – still has a lot going for it. Including some generous rewards programs that I’ll cover in more detail today.
Here’s everything you need to know about the closest thing Polymarket has to bonuses.
Facts
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Yes. Currently, eligible new Polymarket users have the opportunity to take advantage of a welcome promo by registering on the site. Traders who open an account with a minimum deposit of $20 may qualify for a $50 trading bonus by using a promo code at sign-up.
With this promo, new users can use extra money for trading in order to discover all the features of Polymarket’s prediction markets, including those that deal with politics, cryptocurrency, sports, and many more.
Please note that the promotions offered in the sphere of prediction trading can be very fast-changing, and it’s worth finding out more about them beforehand.
The good news is that getting started with Polymarket is relatively simple. Once your account is created and funded, you can immediately begin trading on live event contracts and market outcomes.
If you’re unfamiliar with Polymarket or prediction market trading in general, it’s still a good idea to learn how the platform works before risking funds. Understanding concepts like market pricing, probability percentages, and settlement rules can make a big difference when placing your first trades.
I recently put out an in-depth Polymarket review which covers everything you need to know in that regard.
But the basics are as follows.
Polymarket Is a Prediction Market Platform
Here, you can buy “yes” and “no” event contracts tied to potential sports, politics, culture, crypto and pop culture predictions.
For example, trending topics at the time of writing include “Will Viktor Orban be re-elected as President of Hungary?” and “Will the US confirm aliens exist before 2027?”.
Each contract comes with a percentage probability set by supply and demand in the market – for example, Polymarket users currently reckon there’s a 19% chance that the “aliens are among us” announcement will come soon, meaning a “yes” contract trades at $0.19.
Although naturally, probabilities and prices fluctuate in real time.
If an outcome occurs, any contracts you hold will settle at $1 (or at $0 if it doesn’t).
Latest Polymarket Invite Codes
While there aren’t any Polymarket new user promos advertised at the time of writing, the site has run various promotions in the past. For example, during a now-expired promotional period, Polymarket previously offered users a 20 USDC bonus trading credit on signup, subject to a 20 USDC deposit requirement.
What’s more, there’s every chance the site might drop a new bonus to replace this now defunct offer any day soon. At which point I’ll update this guide ASAP, of course.
When and where available, I’ve found that welcome bonuses are generally easy to claim on the site, too.
Normally, they can be activated as follows:
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Click any of my direct links here to reach Polymarket’s official site
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Tap the blue “Sign Up” icon
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Enter your email address, or click to register via Google, MetaMask, CoinBase or Phantom if preferred
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Link your email address or crypto wallet to Polymarket using the registration code they’ll have sent to your email/account
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Fill out Polymarket’s sign up form – being careful to enter any special Polymarket promo codes that might be required to activate your bonus
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Read and accept the site’s T&Cs and Privacy Policy – noting that Polymarket is only available in selected US states
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Make a deposit to fund your account and start buying/trading event contracts
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Depending on the bonus in question, you might sometimes be restricted to specific markets – for example, a politics-themed promotion offering a trading credit on presidential elections won’t be usable on Polymarket’s sports markets, and vice-versa.
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Meanwhile, regional T&Cs might also apply depending on which eligible US state you’re signing up from – so be sure to give these a thorough read, too.
Of course, there aren’t any Polymarket promo code offers for the taking as of now. Although after using the site for a while myself, I did stumble across a couple of interesting rewards programs…
Polymarket has a promo code offer on the table for new users right now. To claim it, sign up with the promo code PREDICTSAIL and put down a minimum deposit of $20 once your account is good to go.After that deposit clears, eligible users get a $50 trading bonus dropped into their account. There’s no wagering requirement tied to this one, but it’s still worth giving the promo code T&C and bonus terms a quick read. Check out below:
| Polymarket Bonus | Deposit $20, Get $50 |
| Promo Code | PREDICTSAIL |
| Minimum Deposit | $20 |
Other Rewards Available at Polymarket
Polymarket might not be advertising any clear cut, claimable promotions that can be used to make event contract trades right now – but they do offer a handful of rewards programs targeted at existing – rather than new – users. These include:
Liquidity Rewards Scheme
The Polymarket Liquidity Rewards program effectively rewards traders for making “helpful” trades. Simply put, if you buy or sell event contracts and other traders buy or sell at your prices, rewards will hit your account.
Although the formula used for calculating said rewards isn’t exactly what you’d call clearly defined.
Holding Rewards Program
Meanwhile, the site’s Holding Rewards scheme dishes out small daily rewards to traders who hold eligible event contracts in qualifying markets, such as Polymarket’s election markets, for example, over time.
Qualifying contracts are listed – and regularly rotated – via the site’s “Rewards” tab.
Refer a Friend Commissions
Last but not least, I found that when you refer other users to the platform, you can potentially collect a percentage of the Polymarket fees they pay while trading.
Referral commissions are currently uncapped, and boosted rates can sometimes be locked in during special promotional periods.
Read More
- Does Polymarket offer a new trader bonus?
Nope – not at the time of writing, unfortunately. However, sign up bonuses have been advertised previously, and the site may very well introduce a new one in the near future. So, watch this space.
- How do I refer a friend to Polymarket?
To refer your buddies to the site, create an account via my banner links, log in, then head to the “Referral” page to retrieve your unique referral link. Once your friends have registered using said link, you can collect a percentage of any trading fees they generate when they buy/sell eligible contracts.
- What prediction markets does Polymarket cover?
Polymarket offers incredibly broad market coverage for event contract trading, with sports, politics, economics, pop culture, crypto and several other prediction markets all available in permitted regions.