Polymarket doubles new-user bonus to $50 as sports season ramps up
The prediction market platform has expanded its promotional offer for new users, increasing the bonus from $20 to $50 for a $10 trade, with coverage now extending to the U.S. Open and college football.
Polymarket has significantly increased its entry-level incentive for new users, raising the bonus from $20 to $50 for those who trade $10. The updated offer, detailed by Fox Sports, represents a notable shift in the platform’s acquisition strategy as it seeks to capture market share across multiple major sporting events simultaneously.
The promotion is activated using the code FOX and applies to prediction markets for the U.S. Open, Major League Baseball, and the commencement of the college football season. This broadening of scope marks a departure from the platform’s previous MLB-specific offer, which was reported in mid-August.
The timing of the increase coincides with a packed schedule for American sports. The U.S. Open is currently underway, featuring final men’s qualifiers, while Major League Baseball continues with matchups such as the Braves versus the Nationals. Additionally, the college football season is set to kick off with a high-profile Week 1 slate, including a contest between No. 11 LSU and Clemson.
Fox Sports, which highlights the promotion, notes that the platform provides an alternative way for fans to engage with these events through prediction markets. The outlet’s reporting includes affiliate links, meaning it may receive compensation if users sign up or place a wager through the provided code.
While the increased bonus value is clear, the source material does not specify an expiration date for the promotion. It also remains unclear whether the $50 bonus applies uniformly to all listed sports or if specific conditions differentiate between the tennis, baseball, and football markets.
For new users, the offer provides a low-barrier entry point into the prediction market space, allowing them to test the platform with a minimal initial trade. As the college football season approaches, the expanded coverage aims to attract a wider audience beyond traditional sports betting demographics.
