Polymarket Promo Code February 2026

Polymarket Promo Code Details

Cole Rush Gaming Specialist

Polymarket Promos in February 2026

While the global Polymarket platform offers various promotions and rewards for players who drive volume, the US app is still very bare-bones. Outside of the $10 free trade welcome bonus, we didn’t encounter any other promotions at Polymarket. However, some prediction apps, like Underdog, don’t offer a specific welcome bonus for prediction markets at all. For those looking for a prediction market site with various promotions, we would recommend Kalshi.

Of course, it's still very early for Polymarket’s return to the US. With the platform still offered on a waitlist basis, with sports markets only, there’s plenty of time for the promotions to start rolling out. While there aren’t any right now, we are confident we’ll see some in the near future.

How Do the Polymarket Prediction Markets Work?

Polymarket prediction markets involve buying event contracts for a specific outcome. As Polymarket is currently sports-focused in the US, the outcomes typically offered are on either team to win a given game. Those outcomes are tied to prices between $0 and $1, each representing the perceived percentage that side has to win.

For example, if you see a market for the Patriots to beat the Bills, with the Patriots at $0.47 and the Bills at $0.53, that represents a 47% chance the Patriots will win and a 53% chance the Bills will win. Polymarket lets you tailor how these are presented; you can choose prices, percentages, or American odds.

You can buy as many contracts as you like. Each contract you have will pay exactly $1 if correct. You also have the opportunity to sell existing contracts, provided a buyer is willing to purchase them. The price can move as news and developments unfold, and you may be able to make a profit even before the event. Polymarket seems to have solid liquidity right now, meaning most markets will allow you to sell thanks to numerous buyers.

Polymarket App Review

Our experience with the Polymarket app is good, overall, as it is streamlined and easy to navigate. The main menu at the bottom of the screen has three simple icons: Home, current balance, and a magnifying glass. These bring up available markets, active contracts, and search, respectively. It’s intuitive and clear-cut, which we appreciated during our time with the app.

Our only complaint is that the app feels a bit bare-bones right now. Compared to the polished and packed app offered by Kalshi, Polymarket falls short of the mark. Some bugs occurred, such as error messages when attempting to deposit with Apple Pay. Swiping up to purchase a contract can be difficult on an iPhone, as the same action can close the app.

Is Polymarket and Prediction Markets Legal?

Polymarket operates under the oversight of the Commodity Futures Trading Commission. That may sound confusing to you if you’re new to prediction markets, but what you need to know is that Polymarket functions more like a financial exchange. This is because you are trading on potential outcomes, so they work like investments that can change in price over time and be sold if there’s a buyer.

While exchanges and such trading are legal at the federal level, prediction markets have come under legal scrutiny in various states. This is due mainly to their offering of sports-related outcomes, which some legislators and regulators say constitute illegal or unlicensed gambling operations.

Currently, the states where Polymarket is not expressly promoted are AZ, AR, CT, IL, LA, MD, MA, MI, NV, NJ, OH, and TN.

Polymarket Alternatives

Polymarket is back in the US, but the waitlist and currently limited market offering may make you want to search elsewhere. If that’s the case, there are many other options for prediction markets, including our top picks right here:

Polymarket Banking and Payment Methods

Polymarket’s payment options are simple and straightforward. Apple Pay is a bit unique in that you must have a debit card attached or cash in your Apple Cash balance. You can’t use a credit card to deposit. It would be nice to have an additional option like Venmo or PayPal.

I do wish Polymarket were clearer about its minimum withdrawals, as there isn’t any readily available information.

Polymarket Promo Code Terms and Conditions

Polymarket's welcome bonus is a breath of fresh air. Here are the things you must do to claim it, most of which are fairly standard.

1. Join the waitlist and create your account once the option is available.
2. Confirm your age and identity on sign-up.
3. Play with your free trade bonus at least one time before it can be withdrawn.
4. Wait for any security holds before withdrawal becomes available.

It’s really that straightforward at Polymarket. Compared to ProphetX’s 20% purchase bonus up to $100, this is significantly easier to claim and requires no upfront investment.

Polymarket Customer Support

Like the rest of the experience, Polymarket’s US customer support is currently limited. The only option we saw was a “Contact Support” button on the account page, and it took us directly to Gmail, where we could type an email to support. There is no live chat or phone support for US predictors at this time.

In other markets around the globe, Polymarket offers more robust support. I’m inclined to believe that will transition into the US as the site gains more traction. For now, Polymarket lags behind Underdog and Kalshi by offering only email support.

Polymarket Promo Review Summary

Polymarket's welcome bonus is a big point in the site’s favor. A $10 free trade on sign-up, with no deposit required or other hoops to jump through, is excellent. It’s a great onboarding tool, too, as it can teach new players how event contracts work without requiring an initial deposit.

Polymarket starts strong and largely stays strong with its sports markets and easy-to-use app. However, compared to the strong competition in the US prediction markets space, it has some ground to make up. The app has limited customer support (email only), isn’t yet available on desktop, and offers no ongoing promotions for existing players. While this puts it on level with sites like Underdog, it lags behind the likes of Kalshi.

On the bright side, Polymarket plans to launch many more markets in the near future. The existing sports outcomes are simple and super friendly for new players.