Polymarket is offering a promotional deal for new users interested in betting on NFL passing touchdown markets. By using the promo code NYPMAX1 when creating an account, new users can receive a $20 bonus after making an initial deposit of $10.

The bonus funds can be applied to various markets available on the Polymarket platform, including NFL, baseball, and women's basketball.

According to Polymarket users, the market for the NFL passing touchdown leader features several prominent quarterbacks. Joe Burrow is currently seen as the favorite, with users giving him a 13 percent chance to finish the season with the most passing touchdowns. Matthew Stafford, who led the league with 46 touchdowns last season, is close behind at 12 percent, followed by Dak Prescott at 10 percent.

The promotion is available to new users in specific 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.

Polymarket serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, which is a CFTC-regulated derivatives exchange and clearing organization. The offer is not available in Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, and Ohio. Trading on Polymarket involves risk, and users could lose their entire investment. Eligibility requirements and restrictions apply, and the platform is intended for users 18 and older.