Available in U.S. markets (invite only)
Polymarket is once again legal in the US, but there is a waitlist to join the platform. However, new users who use our exclusive Polymarket invite code COVERS will skip the waitlist and receive $10 to begin trading.
Polymarket bonus comparison
By using our exclusive Polymarket invite code COVERS, not only will you get to skip the waitlist, but you'll also get $10 to trade with. The Kalshi promo code also gives new users a $10 welcome bonus. That said, Kalshi still has a bit of an edge, as the Kalshi referral code earns you and a friend $25.
Another great option is the Robinhood promo code, which includes up to $200 in "gift stock" from a list of leading American companies. One thing to remember is that $200 is the maximum gift amount, and most customers only get $5. Robinhood is open about how likely you are to land different amounts. You have a 0.9% chance of getting $10 and a 0.1% chance of getting the full $200.
Is Polymarket legal?
After being acquired by QCEX, a CFTC-licensed company, Polymarket is once again available in the United States. Due to high demand, the app is being rolled out to those on the waitlist. To join the waitlist, users must input their phone number on the website.
However, if you use our exclusive code COVERS, you'll get to skip the waitlist and start trading today.
Polymarket promo code terms and conditions
While Polymarket is now live and legal in the United States, you can't join unless you're chosen from the waitlist or use our exclusive code COVERS.
If you failed to sign up with our Polymarket promo code and are stuck on the waitlist, check out our FanDuel Predicts promo code, Fanatics Markets promo code, Crypto.com promo code, and DraftKings Predictions promo code pages for more information about the best places to trade in the US.
How to enter the Polymarket promo code
If you're in a location where Polymarket is legal, you can get started with just a few easy steps.
✏️ 1. Register
Visit the Polymarket official site on your browser or download the app if you’re on mobile. If you choose to sign up with your phone, after you download and open the app, you'll be greeted by a message that reads as follows: "Polymarket is invite only. Join the waitlist."
Below this message is a place to input your phone number. Rather than inputting your number, tap "I have an invite code." On the next page, enter COVERS for instant access to the platform.
🔗 2. Link your account
You can register by linking your email address or crypto wallet. Trust Wallet, MetaMask, and Phantom are among the available options.
💰 3. Deposit
Go back to the homepage and click Deposit. You can choose to fund your account with crypto for unlimited deposits, use bank cards with a $50,000 limit, or create a virtual fiat account. Simply choose a payment option, enter the amount you want to deposit, and authorize the payment. If it’s crypto, a wallet address will be provided to you for token transfer.
📈 4. Start trading
The homepage has all the trending markets, but you can still visit the specific Politics, Tech, Crypto, Sports, and Culture pages. You just have to find an event you want to trade on and buy shares on either 'Yes' or 'No'.
💸 5. Withdraw
To cash out your funds, click 'Portfolio' and select 'Withdraw'. Enter the amount, select one of the available cryptos, paste your wallet address, and then confirm the transaction.
Polymarket sign up bonus
To skip the waitlist and earn $10 in bonus funds for trading, you must use Polymarket promo code COVERS.
| ✅ Polymarket promo code | COVERS |
| 💰 Sign up bonus | Skip the waitlist and $10 in bonus funds |
| 🌎 Legal jurisdictions | United States (offerings limited in some states) |
| 📈 Eligible trading markets | Politics, sports, crypto, tech, pop culture, economy, etc |
| 📱 Polymarket mobile app | iOS & Android |
| ⏰ Offer expiry | N/A |
| ✅ Info last verified | Feb. 19, 2026 |
More online Polymarket promos
Polymarket doesn't have traditional bonuses, like you would find on other U.S. betting sites. However, it does offer a 'Liquidity Rewards' program that pays out daily when you place limit orders that help keep the market active and balanced.
Here are some basic rules to know about:
- The closer your orders are to the market's average price, the more you are eligible to earn.
- The reward amount depends on how helpful your orders are in terms of size and pricing, compared to others.
- The more competitive your limit order, the more rewards you stand to earn.
- You get paid daily and can check your current status on the Polymarket Rewards page.
- The minimum reward payout is $1. Anything below that will simply not be paid out.
- Rewards are paid out automatically at midnight UTC.
Is there a Polymarket bonus for existing users?
Unfortunately, there are no extra Polymarket bonuses for existing users. You won't find daily promos or special deals, like you might at a traditional sportsbook. Polymarket also doesn't have a referral program, which often nets users a small bonus for recruiting friends.
The one exception, which I covered above, is Polymarket's 'Liquidity Rewards Program,' which lets users earn daily rewards by making limit orders that keep markets active and balanced.
Polymarket review
Polymarket is not a sportsbook. In fact, you won't find the term "sports betting" used anywhere on the Polymarket platform. Rather, it's a prediction contract market where users can buy 'Yes' or 'No' contracts on real-world events, which pay out according to the outcome.
Instead of traditional odds, markets are priced via shares between $0 and $1, with winning bets paying out $1 per share. For example, if you bought 100 shares of "Buffalo Super Bowl Champion - Yes ($0.13)", it would cost you $13. If your contract resolves as 'Yes', you will receive $100 back.
You can read our full Polymarket review here for a deeper dive into this platform and all it offers, but here are some of the key standouts you need to know.
Polymarket user experience & mobile app
The blue and white interface at Polymarket is sleek and easy on the eyes, with a clean design that makes navigating markets easy.
The mobile experience, whether accessed through the website or the dedicated mobile app, is just as smooth. You can access everything you need, without spending extra time searching for your preferred markets.
The Polymarket app is available on both the Google Play Store for Android users and on the Apple App Store for iOS users, boasting strong reviews from users of both devices.
- iOS App Store Rating: 4.6/5.0 ⭐
- Google Play Store Rating: 4.6/5.0 ⭐
- App download size: 28.3 MB
Polymarket key features
Polymarket is one of the biggest prediction platforms in the world and boasts some amazing features, including:
- Prediction markets: You can bet on sports, politics, crypto, pop culture, and even the weather.
- No traditional odds: Prices move based on market demand. For example, buying at $0.50 equals a $1 payout if you're correct.
- Focus on crypto: You can create an account by connecting your crypto wallet and enjoy fast, blockchain-based transactions.
- User-driven liquidity: Markets adjust in real-time based on trader activity.
Polymarket pros and cons
Despite its reputation as a leader in the prediction market space, Polymarket still has its flaws. Let’s take a look at the advantages and drawbacks of using this platform.
Pros ✅
- Unique and engaging prediction style
- Numerous sports markets, including esports
- Wide variety of non-sports markets
- Low minimum purchase prices
- Transparency and backing by blockchain
Cons ❌
- Market volatility, particularly during critical events
Types of available markets
You can buy prediction contracts on almost anything with Polymarket. Some of the top options include:
- Sports: NFL, NBA, MLB, NHL, NCAA, soccer, UFC, boxing, F1, esports, and more
- Politics: Elections, bill passings, policy outcomes, political appointments, and more.
- Crypto: Price predictions, crypto launch, bitcoin trends, and more.
- Entertainment: Oscars, Grammys, viral events, video game releases, etc.
- Pop culture: Will Taylor Swift announce she's pregnant, how many times will Elon Musk tweet this week, next James Bond actor, etc.
Polymarket market speed and bet limits
As explained earlier, Polymarket doesn’t have odds like a traditional sportsbook. Instead, the prices are market-driven, meaning they can shift rapidly based on trader activity.
Liquidity also varies, with major events like elections or the Super Bowl having tens of millions of dollars in volume, while niche markets stay thin, sometimes under $50k.
As for limits, Polymarket is designed not to have any. It matches willing buyers and sellers of any amount. For most events, you can buy shares with as low as $0.1 and enjoy liquidity limits on large positions.
Polymarket payment methods 💳
Funding your account and withdrawing winnings on Polymarket is refreshingly simple, especially if you’re crypto savvy.
Even if you’re not, there are fiat options for depositing, while withdrawing is as simple as pasting a wallet address that supports the Polygon network.
Polymarket also doesn’t impose extra costs for deposits and withdrawals, but you can expect gas fees depending on the network.
The available payment options include:
- Deposits: Crypto (USDC, ETH, USDT, POL, BNB, ARB, and SOL), Visa, Mastercard, and virtual fiat accounts
- Withdrawals: Crypto only (Polygon supported address)
Polymarket customer support ☎️
There are multiple ways you can reach out to the Polymarket customer support team, who are available 24/7. You can use the Live Chat feature by clicking the blue chat icon or join its Discord server and click #open-a-ticket from the Support sidebar.
Here’s the full list of support options:
- Live Chat (available 24/7 via the website or mobile app)
- Email: hello@polymarket.com
- Discord (must join server)
- @Polymarket on X.com (formally Twitter)
Latest news and updates from Polymarket
February 2026
-Kalshi, Polymarket, and other prediction market platforms are stealing market space from traditional sportsbooks, according to a new report from The Financial Times.
-Polymarket announces a partnership with BLAST, a global esports entertainment network. Polymarket will be integrated across seven of BLAST's global Counter-Strike 2 and Dota 2 events.
-Prediction market platforms face a new controversy over how they settled markets related to Cardi B's cameo appearance at the Super Bowl halftime show.
-Polymarket files a lawsuit against Massachusetts' attorney general, Andera Joy Campbell. The lawsuit is a preemptive strike against the state's recent attempts to limit or outright ban prediction market platforms.
-The NFL says it is "monitoring" the prediction market industry to determine how the league will form its stance around the emerging technology.
-Polymarket announces the opening of a free grocery store in New York City, along with a $1 million donation to the Food Bank for New York City.
-Kalshi and Polymarket both introduce prediction markets related to Super Bowl commercials, including markets like "Will [celebrity] appear in a commercial?" and "Will [company] air a Super Bowl commercial?"
-According to sources, the NFL has allegedly banned prediction market platforms from airing commercials during Super Bowl 60.
January 2026
-The state of Nevada secured a court ruling that has successfully halted Polymarket from offering event contracts in the state, at least for now. A 14-day temporary restraining order is currently in place, pending further legal arguments.
-Polymarket announces a new multi-year partnership with Major League Soccer (MLS), becoming the league's "Official and Exclusive Prediction Market Partner."
-Now that it is legal in the United States, Polymarket is generating its highest-ever levels of Google search interest.
-Polymarket and sports streaming service DAZN announce a new partnership, which will bring Polymarket's sports prediction data directly to DAZN digital viewers in the United States.
-The Nevada Gaming Control Board files a Civil Enforcement against Polymarket, arguing that sports event contracts are the same as betting under Nevada law and therefore require proper licensing.
-Polymarket's Golden Globe prediction markets attract plenty of attention during the annual awards ceremony, where prediction data appeared on live programming and between ad breaks.
-Tennessee gaming officials send cease-and-desist letters to Kalshi, Polymarket, and Crypto.com, alleging the sports prediction contracts offered on these platforms constitute illegal gambling.
-Polymarket is named the Official Prediction Market Partner of the NHL's New York Rangers. Polymarket will be featured through Rangers' home games at Madison Square Garden, including signage, on-ice contests, and concourse activations.
-Polymarket faces significant backlash over how it settled prediction markets related to the United States' military actions in Venezuela.
-Polymarket announces a new partnership with Dow Jones and The Wall Street Journal, and will provide real-time prediction market data on a variety of Dow Jones' digital platforms.
-New York Rep. Ritchie Torre is preparing to introduce new legislation that aims to restrict insider trading on prediction market apps.
-Polymarket's continuously delayed U.S. launch is putting it at a competitive disadvantage against Kalshi and other prediction platforms.
-Polymarket launches new prediction markets to predict the housing markets, which settle against Parcl's daily housing price indices.
-According to CEO Tarek Mansour, the growing rivalry between Kalsh and main competitor Polymarket is the driving force in the exploding prediction market industry.
-Polymarket returns to the U.S. market with a limited rollout, letting potential users join a waitlist that will send invite codes on a gradual basis.
-Polymarket rival Kalshi is named CNN's official prediction market partner, as it reaches a valuation of $11 billion
-Kalshi and Polymarket record nearly $10 billion in combined trading volume in November.
-Polymarket CEO Shayne Coplan appears on 60 Minutes, calling his platform the "most accurate thing we have as mankind right now," in terms of predicting future outcomes.
-NHL Commissioner Gary Bettman insists the league has the authority to instruct Kalshi or Polymarket to take down any event contracts it deems inappropriate.
-Polymarket announces that the CFTC has issued an Amended Order of Designation, opening the door for the platform to return to the U.S. marketplace.
-Polymarket CEO Shayne Coplan calls state-licensed sportsbooks "a scam" in the latest round of verbal sparring between prediction market contract platforms and traditional sports betting sites.
-Polymarket announces a deal with the UFC and Zuffa Boxing, becoming the combat sports organization's official and exclusive prediction market partner.
-The prolonged U.S. government shutdown could be coming to an end, paving the way for Polymarket to finally relaunch in the United States.
-PrizePicks partners with Polymarket to offer event contracts on sports, entertainment, and more, once Polymarket relaunches in the United States.
-Google announces it will include prediction market data from Kalshi and Polymarket directly in its Google Finance section, alongside other stock market and trading information.
-The latest forecast has Polymarket returning to the U.S. marketplace before the end of November. However, access could remain limited at first.
-Despite still not being available in the United States, Polymarket retakes the lead from Kalshi in total weekly trading volume. Polymarket hit $1 billion in trading last week, while Kalshi finished a close second with $950 million.
-Norwegian officials are investigating potential insider trading after multiple last-minute winning trades were made on Polymarket for the Nobel Peace Prize, which Mara Corina Machado, a Venezuelan opposition leader, ultimately won.
-Shayne Coplan, the 27-year-old founder of Polymarket, has become the "youngest self-made billionaire," according to the Bloomberg Billionaires Index.
-Polymarket receives a $2 billion investment influx from Intercontinental Exchange (ICE), which puts the company's overall valuation at more than $8 billion.
-The shutdown of the United States Federal Government seems to have halted Polymarket's attempt to relaunch in the country since it requires proper licensing from the CFTC (a federal agency) to be declared legal.
-Polymarket posts a "See you soon" message on its website to visitors from the United States, suggesting it's on the verge of relaunching its platform for American users.
-New regulatory filings from Polymarket-acquired QCEX reveal that it is planning to offer prediction contracts on sporting events and election outcomes.
-Polymarket is reportedly exploring an investment deal that would value the company at around $9 billion, a drastic increase from its $1 billion valuation just three months ago.
-Polymarket downgrades its forecast for Donald Trump resigning in 2025 following a brief spike in bets fueled by rumors and speculation surrounding the president's health. The resignation probability spiked to a peak of 10.4% on Sept. 1 before dropping to 5.4% the same day after the White House reported Trump would make an announcement on Sept. 2.
-Polymarket aims to return to the U.S. market after a three-year hiatus. Targeted ads on Meta-owned social media platforms (featuring football trading) suggest they will accept U.S. customers again in the Fall.
-Polymarket receives a "strategic investment" from 1789 Capital and adds Donald Trump Jr. to its advisory board.
-The US drops its federal investigations into Polymarket’s alleged unauthorized access by American users.
-The FBI raids Polymarket over claims that U.S. users were accessing the platform despite regulatory restrictions.
Polymarket FAQs
Can I trust Polymarket when it comes to promos?
Yes. Polymarket is regulated and overseen by the Commodity Futures Trading Commission (CFTC), a federal agency. So yes, you can trust that Polymarket is a legitimate site and have faith in any listed promos or rewards.
What is the Polymarket promo code?
To skip the waitlist and receive $10 in bonus funds, enter Polymarket promo code COVERS.
How do I get the Polymarket promo?
As a new user, you can get the Polymarket promo by entering the promo code COVERS. As an existing user, the only current way to earn bonus funds from Polymarket is through its Liquidity Rewards program, which pays out daily rewards to users to buy limit orders on certain markets, at certain prices.
In what states can I legally bet with Polymarket?
All of them. Polymarket became regulated and licensed in the U.S. at the end of 2025. However, some states are pushing back against Polymarket and other prediction platforms.
Do I need to make a deposit to get the Polymarket bonus?
Yes. Whether obtaining the $10 in bonus funds from signing up or joining the Liquidity Rewards program, you must deposit into your Polymarket account via crypto or fiat currencies.
If I’m already registered at Polymarket, can I still get the promo code?
If you're already registered at Polymarket, you cannot use the current Polymarket promo code. That said, the main perk of the Polymarket promo code is that it lets you skip the waitlist, so if you're already on the platform, then there wouldn't be a benefit to using the code anyway.
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