Polymarket Pros and Cons
Pros
- Wide range of event categories
- Ability to trade positions before markets resolve
- Liquidity rewards for providing limit orders
- Clear yes/no market structure
Cons
- Limited access in the US
- No promo codes or welcome bonuses
Is There a Polymarket Promo Code in the US?
No, Polymarket does not currently offer promo codes for users in the United States. The main reason is that the site has only recently begun returning to the US market. Polymarket blocked US users in 2022 after reaching a settlement with the Commodity Futures Trading Commission (CFTC). Since then, the company has been working to regain the regulatory approval needed to operate in the United States.
That approval has now been granted, and Polymarket began a phased return to the US market in late 2025. However, the relaunch is still very limited. Access is currently in beta and restricted to a small group of invited users, rather than being open to the general public. Until Polymarket fully reopens to US users, it is unlikely that promo codes will be introduced.
How to Stay Updated on Polymarket Promo Codes
When Polymarket releases new promo codes, they will appear in the banners on this page. These banners are updated regularly, so the latest promotions and offers are displayed as soon as they become available.
If a promotion requires a specific code, our page banners will show the code along with the main bonus details. Bookmarking this page and checking back from time to time is the easiest way to make sure you don’t miss out.
Join the Waitlist for Early Access
The Polymarket app is currently being rolled out in a beta version for users in the United States who join the official waitlist. By signing up, you can reserve a spot to receive an invitation, which gives you early access to create an account and start trading prediction markets once your access is approved.
Joining the waitlist may also allow you to receive updates about future Polymarket promo codes and special offers as the US rollout continues.
It only takes a minute to join the waitlist. Here’s how you can do it:
- Visit the Polymarket website by tapping our banners.
- Navigate to the USA section.
- Enter your mobile phone number in the field provided.
- Click “Submit.”
After joining the waitlist, you will receive an SMS invitation when your access becomes available.
How Polymarket Works
Polymarket is a prediction market where you can buy and sell contracts tied to the outcomes of real-world events. These contracts cover a wide range of topics, including sporting events, economic indicators, geopolitical developments, technology milestones, and major cultural or entertainment events. One of the most popular categories involves Polymarket election predictions, where you can speculate on the outcomes of major political races and voting results.
Each market is based on a simple yes-or-no question. If you believe the answer will be yes, you can buy Yes shares. If you believe the answer will be no, you can buy No shares. Shares trade between $0 and $1, and the price reflects the market’s current estimate of the probability that the event will occur.
As traders buy and sell shares, prices adjust to reflect changing expectations. When more traders buy Yes shares, the price moves closer to $1, indicating a higher perceived probability that the event will happen. When traders favor the opposite outcome, the price moves closer to $0.
You can buy and sell shares before they settle to lock in a profit or cut a loss as the market’s probability changes over time. When the event is finally resolved, each winning share pays out $1, and losing shares pay $0.
How to Get Started at Polymarket
Once you receive your SMS invitation, you can create your account and start making Polymarket sports predictions.
Follow these steps to get started:
- Open the invitation link sent to your phone.
- Sign up using your email address or by connecting your Google account.
- Make a deposit. Payment options include a bank card, PayPal, or cryptocurrency.
- Buy Yes or No shares based on your prediction.
- Sell your shares at any time, or hold them until the market closes to redeem winning shares for $1 each.
Before placing trades, it’s worth reviewing Polymarket fees so you understand the potential costs involved.
The Liquidity Rewards Program Explained
Although there are currently no Polymarket promo codes available, you can still receive rewards through the Liquidity Rewards program.
This program is designed to keep markets active by having traders provide liquidity. You do this by placing eligible limit orders, which are offers to buy or sell shares at a specific price.
When you place a limit order, it remains in the order book until another trader matches it and completes the trade. By placing these orders and helping keep the markets running smoothly, you may qualify for Liquidity Rewards.
How Liquidity Rewards Are Calculated
Liquidity Rewards on Polymarket are calculated based on how much your limit orders contribute to the market compared with other traders.
Each eligible market has a daily reward pool. This pool is shared among traders who place qualifying limit orders. The more helpful your orders are to the order book, the larger your share of the reward pool will be.
How much you receive depends on the following factors:
| Factor | What it means | Effect on rewards |
| Distance from the midpoint | How close your order price is to the market’s midpoint price. Orders nearer to the midpoint make trades easier to execute. | Orders closer to the midpoint typically receive a larger share of rewards. |
| Order size | The size of the order you place in the market. Larger orders contribute more liquidity to the market. | Larger orders can increase the rewards you receive. |
| Competition from other traders | The number of other traders placing useful liquidity orders in the market. | Rewards are split among all participants providing useful liquidity, so more competition means a smaller share per trader. |
Rewards accumulate throughout the day and are paid out automatically around midnight UTC. The minimum daily reward is $1.
Conclusion: There Are No Polymarket Promo Codes Yet
Polymarket has officially started returning to the United States, but access remains limited while the beta rollout continues. You will need to join the waitlist and wait for an SMS invitation before you can create an account and begin trading prediction markets.
Although there are currently no Polymarket promo codes available for US users, you can still receive daily rewards through the Liquidity Rewards program by placing eligible limit orders that help provide liquidity to markets.
As the US rollout expands and more users gain access, promotions and potential promo codes may become available. Bookmark this page and check back periodically for updates. As soon as new bonuses or promo codes are released, they will appear in the banners on this page.
