Polymarket $50 Promo Code PREDICTSAIL for Chess Titled Tuesday on August 4th
Chess.com’s Titled Tuesday regulars have another reason to tune in this week. There’s a $50 bonus for new users who sign up with the Polymarket promo code “PREDICTSAIL,” making it a timely offer ahead of the August 4th tournament.
This platform’s yes/no contracts give participants another way to follow the competition with added interest through prediction markets trading. In this article, we look into how the Polymarket welcome offer works and who can claim it. We’ll also discuss more details about Titled Tuesday tournaments and what to expect before placing predictions on this weekly chess competition. Let’s begin.
What does Chess.com’s Titled Tuesday event entail
Titled Tuesday is a weekly online chess tournament hosted by Chess.com that features 11 rounds in a Swiss format. That is, players are never eliminated, and everyone plays all 11 rounds. Also, it’s a blitz competition, meaning that participants play the games at very fast speeds, which makes for a good trading option on top prediction market platforms. It’s one of the most prestigious weekly online tournaments in the world, attracting some of the best chess players globally.
This weekly event is exclusively for players with an official title, such as Grandmasters and International Masters. Also, any verified chess professional with titles from the International Chess Federation (FIDE) can participate. Everyone who plays has a chance to win from the week’s $10,000 prize pool, with $2,500 going to whoever finishes on top.
Considering this, Titled Tuesday is usually a very competitive event. The players’ lineup usually includes well-known names like Magnus Carlsen and Hikaru Nakamura. Having such key players on board thus means that you have plenty of options to trade on sports prediction markets. That said, let’s look at the table below for key details of the weekly tournament.
| Feature | Details |
|---|---|
| Format | 11-Round Swiss system |
| Time control | 5+0 Blitz (5 minutes, no increment) |
| Tiebreaks | Buccholz Cut 1 system |
| Break period | Short breaks after rounds 4 and 8 |
| Average duration | 2 hours (120 minutes total) |
| Weekly prize pool | $10,000 |
| First-place prize | $2,500 |
| Start time | 17:00 CEST |
Polymarket’s $50 welcome bonus waiting for you
As seen in our Polymarket review, this prediction market platform works on simple yes/no contracts agreed on by other traders. A market like “Will Hikaru Nakamura win Titled Tuesday on August 4th?” gets priced according to the outcome perceived by other traders, which then reflects in the probability. So assuming Nakamura is priced at 60 cents on “Yes,” buying 100 shares would cost you $60. If your prediction is correct, the trade settles at $1 per share, and a correct call gives you a $40 yield on your settlement.
Interestingly, new users on Polymarket can claim a $50 welcome bonus when they enter the PREDICTSAIL promo code during registration. With this offer, you can begin trading the weekly Titled Tuesday blitz competition. The process to claim this Polymarket signup bonus is straightforward, and you simply have to follow the steps below. It takes only a few minutes:
- Download the official Polymarket app for US users
- Tap the “Sign Up” button and fill out the registration form that follows
- Enter the Polymarket promo code “PREDICTSAIL” in the designated field
- Confirm and create your account
- Continue to the deposit section
- Fund your account with a qualifying $20 deposit, using your preferred deposit method
- Your $50 trading bonus will immediately reflect in your account
Are there live contracts yet?
Polymarket typically opens its Titled Tuesday markets just a few days before the event, so contracts for the August 4th tournament are not live yet. However, you can keep an eye on Polymarket and other prediction market news to receive updates for when markets go live.
Closing thoughts: Prepare your Polymarket account for the next Titled Tuesday
Chess.com’s Titled Tuesday is a weekly event, and the next one happening on August 4th is almost here. To add to the excitement, Polymarket is giving new users a $50 welcome bonus to new users who create an account using the code: PREDICTSAIL. So if you’d like to join, click the banner link, fill the registration form, enter the code, and you’ll be set to trade when the tournament starts.