Polymarket is offering new users a $50 bonus when they deposit $20 and use the promo code NYPMAX1. This promotion is available to eligible new users in various 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.

The bonus can be applied to various markets on the platform, including baseball, women's basketball, and NFL games. The offer is targeted at users interested in the Major League Baseball MVP races, with the platform noting that the top players are beginning to emerge.

According to Polymarket market data, Yordan Alvarez is considered the frontrunner for the American League MVP, with an 81 percent chance. Alvarez leads baseball in on-base percentage, slugging percentage, OPS, and home runs. Shohei Ohtani, who was previously leading the National League MVP race with an 87 percent chance on July 19, has seen his odds decrease to 66 percent as of Monday. Ohtani is currently managing knee soreness, which has led him to pause pitching but continue as a designated hitter.

Pete Crow-Armstrong has seen a surge in his NL MVP chances, now holding a 35 percent probability and leading the majors in WAR. This promotion is available to individuals 18 years or older with a legal U.S. residential address within the participating states and U.S. territories, excluding Arizona, Illinois, Massachusetts, Maryland, Michigan, Montana, Nevada, and Ohio.