Polymarket is offering new users a $20 bonus to use on its platform for predictions related to Major League Baseball's upcoming trade deadline. To be eligible for the bonus, users must deposit $10 and use the promo code NYPMAX1 when creating an account.
The MLB trade deadline is approaching, and the expanded playoff format may lead to increased activity as more teams remain in contention for postseason spots. Traders on Polymarket can buy and sell shares based on their predictions for which players will be traded.
The promotional offer is available to eligible new users in several U.S. states, including Alabama, Alaska, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Minnesota, Mississippi, Montana, Nebraska, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, and Virginia.
This year's trade deadline is set for Monday at 6 p.m. The New York Post notes that teams like the Mets, who are out of playoff contention, may trade veteran players. The Yankees are also expected to be active as they address injuries to key players such as Aaron Judge, Cody Bellinger, and Giancarlo Stanton.
Polymarket transactions involve risk, and a complete loss of funds is possible. The platform is operated by Polymarket US, an independent software provider, and Polymarket Clearing, a CFTC-regulated derivatives exchange. The offer is not available in Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, and Ohio.
Michael Leboff, a sports bettor with a decade of experience, is cited as a contributor who uses game theory to advise on betting strategies. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated derivatives exchange and clearing organization.