Onyx Promo Code SBR October 2026

TL;DR: My quick summary of the Onyx promo code offer

Onyx has launched its prediction market in several states: New Jersey, West Virginia, Alabama, California, Colorado, Idaho, Indiana, Louisiana, and Maine.

If you're in one of the locations, you can use the Onyx promo code SBR to claim a special welcome bonus: Get $50 in Bonus Funds after you spend $10 or more. 

• Download the Onyx mobile app or visit the desktop website.
• Create your account and verify your identity.
• Use the promo code SBR when prompted.
• Deposit at least $10 or more.
• Make a trade of at least $10 and collect $50 in bonus funds no matter how it settles.
• Bonus funds cannot be cashed out or transferred; must be used to make additional trades.

Onyx promo code offer overview

The current Onyx promo code SBR nets you 50 in bonus picks after you spend $10 or more on a qualifying first purchase. This bonus applies to the DFS portion of the product, and it will also apply to the soon-to-launch prediction markets platform.

Here's a quick summary:

Full Onyx promo code details

The Onyx promo code is SBR, but that only applies to the Onyx Predictions platform. The current offer is 'Spend $10, Get $50', which can be used on additional event contract predictions. 

Onyx Predictions is a different product and is marketed separately from Onyx Odds. The latter is a daily fantasy sports (DFS) and social sports prediction platform, which is still available in many other states.

Onyx Predictions has launched in only nine states so far, but I fully expect it to continue expanding under federal regulation by the Commodity Futures Trading Commission (CFTC).

Onyx promo code terms and conditions

The Onyx promo code SBR provides new users with a 'Spend $10, Get $50' welcome bonus. I've already signed up and claimed it myself, so let's go over all the fine print that could affect you:

• Eligibility: This offer is for new Onyx users who are 18+ (or the legal minimum age in their jurisdiction).
• Promo code: Use the code SBR during registration to activate this offer.
• First purchase: You need to deposit and trade a minimum of $10 to activate this offer.
• Welcome bonus: The Onyx welcome bonus is $50 in bonus funds.
• Eligible games: The bonus only applies to Onyx Predictions.
• Verification: Onyx requires account verification, which may include two-factor authentication via email or SMS, as well as basic personal details such as your date of birth, legal address, or the last 4 digits of your Social Security Number.
• Account rules: Only one account per customer, and only one welcome bonus can be awarded per account. Violation of these rules could result in the bonus being removed or your account being restricted or terminated.

Onyx promo code final grade: 4.5/5.0

Now that it's launched, I can compare the Onyx Predictions promo to other top prediction market promos:

The Onyx promo is quite solid. Simply spend $10 or more, and you'll receive $50 in bonus funds. That's on par with (or better than) some leading competitors, but it also lags behind a few others. So, it's square in the middle.

Other prediction market promos

Right now, this bonus is more favorable than some other welcome bonuses, including the Kalshi promo code, which caps at $35.

In addition to the platforms listed in the table, I recommend the Gemini Predictions promo code, which offers up to $100 in bonus funds through a 50% first-trade match. 

I think the promos and bonuses highlighted in the above table are the best of the best. However, they aren't the only options around. Whether you're trying to snag as many bonuses as possible or just want to check out every available option, here are a few more offers to consider:

• Moon Promo Code - Moon is a brand-new prediction market, offering something different as a welcome bonus: Up to 3.5% in Rake Back with the code SBR.
• Plus500 Promo Code - Plus500 has a long, successful history as an investment and trading platform. With the recent addition of a prediction market, new customers can claim up to $20 in welcome bonuses with the code SBRBONUS.
• FanDuel Predicts Promo Code - Trade $1 or more for five straight days to collect $20 in Predicts Bonuses each, for up to $100 total. For even more info, check out SBR's FanDuel Predicts vs. Polymarket page.
• Crypto.com Promo Code - Use a unique Crypto.com referral code to earn up to $50 in sign-up bonuses.
• Sleeper Markets Promo Code - Get a $20 no deposit bonus, plus up to $100 in deposit matching bonus funds.
• Underdog Promo Code - Use SBRBONUS to claim a Play $5, Get $100 bonus.
• Coinbase Promo Code - Get a random Bitcoin reward between $10 and $2,000 after spending $50 or more.

What is Onyx Odds?

Onyx Odds and Onyx Predictions are two different platforms, run by the same company. 

Onyx Predictions is a CFTC-regulated prediction market, which means that it operates at the national level. The federal government, not state governments, oversees it. This is the same as most other top prediction market sites. However, at this time, Onyx Predictions is available in only nine states.

You can use real money to buy event contracts on a variety of markets, which pay out if the event resolves the way you predicted. Unlike a traditional sportsbook, there are no oddsmakers. Instead, the public sets prices through trading, so prices fluctuate much more often than at sportsbooks.

Onyx Odds, on the other hand, is a social sports-prediction platform. This means that you'll find DFS and social sports-prediction games. Some contests can be entered with real money, while others use a free-to-play, sweepstakes-style entry.

How to invite friends with an Onyx referral code

At this time, there is no Onyx referral code. If that changes, I will update this page.

Onyx referral code vs. Onyx promo code

Currently, Onyx doesn't have a referral code. Therefore, new players can only take advantage of the Spend $10, Get $50 welcome offer. To obtain this bonus, new users must enter the Onyx promo code SBR during registration.

Is Onyx Odds legal and legit?

Yes, Onyx is legal and legit. On the platform, you'll find plenty of information about how Onyx operates, protects player information, and settles markets. Onyx, like many other top-tier platforms, offers transparency. You can easily access rules, regulations, and Terms of Use on the website. You'll also find solid customer support options.

Onyx Predictions is only live in nine states so far: Alabama, California, Colorado, Idaho, Indiana, Louisiana, Maine, New Jersey and West Virginia.

Onyx Odds (which offers DFS and social sports predictions) is available in most other states + DC.

If you're located in any of Onyx's restricted states, consider one of SBR's best NFL prediction market sites or another top prediction market app as an alternative.

Onyx Odds redemption rules: Slow and steady

The following table shows redemption options, as well as standard processing times. As you can see, none of the options are particularly speedy. But I can confirm that they work as advertised. 

Why Onyx Predictions is different from a traditional sportsbook

The main way that Onyx differs from a traditional sportsbook is that, rather than placing bets against the house, users at Onyx Predictions make trades based on prices determined by other users who are also making trades. This means the market fluctuates in real time with every trade.

Another difference is that Onyx offers more than just sports markets. While sportsbooks in the United States have to stick to sports, Onyx offers markets related to pop culture, politics, and more.

How I use Onyx responsibly

The number one way that I use Onyx responsibly is by setting limits for myself. Although Onyx isn't a traditional sportsbook, it still carries risk. I make sure I never deposit more than I'm willing to lose because, while I hope to earn more, there's always a chance I could lose everything I deposit.

If you feel that your time on Onyx Predictions is becoming a problem, use one of the many responsible gaming tools available on the platform. If you still need more help, contact the National Council on Problem Gambling at NCPgambling.org or call its toll-free helpline at 1-800-MYRESET or 1-800-GAMBLER.