Polymarket, a prediction market platform, is offering a promotional deal for new users interested in betting on sports outcomes. By using the promo code NYPMAX1, users can deposit $10 and receive a $25 trading bonus.

This bonus can be applied to markets such as the upcoming NBA season opener between the New York Knicks and the Philadelphia 76ers. The promotion is available to eligible new users in various U.S. states, including Alaska, Alabama, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Iowa, Indiana, Kansas, Kentucky, Louisiana, Maine, Minnesota, Missouri, Mississippi, North Carolina, North Dakota, Nebraska, New Hampshire, New Jersey, New Mexico, New York, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Vermont, Wisconsin, and West Virginia.

The Knicks are set to begin their season at Madison Square Garden against the 76ers. This matchup marks the start of a new challenge for the Knicks as they face a strengthened Eastern Conference.

The 76ers' lineup includes players such as LeBron James, Jaylen Brown, Tyrese Maxey, VJ Edgecombe, and Joel Embiid. The Knicks will face a team that was eliminated by them in the playoffs in the previous season.

Users should be aware that trading on prediction markets carries risks, and a total loss of funds can occur. The offer is for individuals aged 18 and older, and eligibility requirements may apply. The platform notes that it is not available in all jurisdictions.