Several prediction market platforms, including Polymarket, Kalshi, Novig, ProphetX, and FanDuel Predicts, are actively promoting sign-up bonuses, deposit matches, and trading credits to attract new users. These offers vary, with some requiring a minimum deposit and others necessitating a qualifying trade before bonus funds are awarded.
Polymarket, a prominent player in the prediction market space, offers new users a $50 trading bonus when they deposit $10, using the promo code POST. The platform is noted for its wide selection of markets and significant trading volume, though U.S. traders may find fewer options compared to global offerings.
Novig, which focuses exclusively on sports trading, provides $25 in trade credits for a $10 deposit with the promo code NYPOST. Its interface is designed for ease of use, and it notably does not charge a vig on straight trades. However, its selection of sports markets is comparatively smaller than some competitors.
Kalshi, regulated by the Commodity Futures Trading Commission (CFTC), offers $25 after users complete $25 in qualifying trades using the promo code POST. It provides a broad range of markets beyond sports and allows users to sell contracts before settlement, offering trading flexibility.
ProphetX's promotion yields the largest bonus, offering $75 to users who trade $50, with the promo code NYPBONUS. This platform specializes in sports event contracts and features a sportsbook-style interface, but its qualifying trade requirement is higher than some other offers.
FanDuel Predicts, leveraging the familiar FanDuel brand, offers new users $25 in bonus funds after completing a first trade, without requiring a specific promo code. Its user interface is familiar to existing FanDuel users, but its market selection and liquidity can be more limited.
These promotions operate under different models, including deposit bonuses and trade-and-get offers. Deposit bonuses, like those from Novig and Polymarket, award credits based on a qualifying deposit. Trade-and-get bonuses, offered by Kalshi and ProphetX, require users to complete a certain amount of trading activity to earn their rewards.
Prediction markets operate under a distinct regulatory framework from sportsbooks, overseen by the CFTC. While sportsbooks often offer larger welcome packages, prediction market promotions typically involve trading credits and are tied to exchange-based trading mechanics. Users are advised to carefully review the terms and conditions of each promotion, including minimum deposit amounts, qualifying trade requirements, settlement conditions, bonus expiration dates, withdrawal rules, and geographic availability, before signing up.