Updated
Updated · New York Post · May 20
Polymarket Offers $20 Bonus for $20 Deposit, Unlocks App Access With NYPMAX
Updated
Updated · New York Post · May 20

Polymarket Offers $20 Bonus for $20 Deposit, Unlocks App Access With NYPMAX

10 articles · Updated · New York Post · May 20
  • $20 is being offered to eligible new Polymarket users who sign up with promo code NYPMAX and make an initial $20 deposit.
  • NYPMAX also lets those users bypass the waitlist for immediate access to Polymarket's mobile app, extending the promotion beyond the cash bonus.
  • The offer applies only to new users in eligible U.S. states and requires users to be at least 18 with a legal U.S. residential address; it is unavailable in states including Arizona, Illinois, Massachusetts and Ohio.
  • The promotion is being pitched alongside PGA Tour betting interest at the CJ Cup Byron Nelson, where Polymarket users give defending champion Scottie Scheffler a 33% chance to win.
With seven in ten users losing money, is Polymarket's bonus just bait for a new form of high-risk gambling?
As prediction markets boom, how can regulators prevent insider trading on events from sports to corporate performance?
Can prediction markets survive as financial tools when 85% of the public views their sports categories as gambling?