The Offer
Direct link to offer. Seems to be easier if you use the actual link from the Facebook post.
- Polymarket is offering a free $50 cash bonus to trade on anything when you sign up using the promo code FREE50 and deposit $20+
Our Verdict
Previous best was $20 free, no deposit requirement. Polymarket is a prediction marketplace. This is basically just gambling with a different name so don’t sign up if you’re susceptible to that sort of thing. If you’re in two player mode you should be able to take two sides of a market and clear ~$100.
F.A.Q’s
Can I immediately withdraw the funds?
No, you need to wait a few days for the $20 initial deposit to settle. It also looks like you need to make a prediction with the $50 bonus.
What’s the best way to use the $50 to minimize loses?
If you’re in two player mode you can just take two sides of the same market if there are two options and you’ll just lose whatever the spread is. If you’re in one player mode there is some discussion here.
What are the tax implications?
Polymarket sends a 1099 on winnings, not sure how it’s treated if you make a technical lose on the prediction.
See something that should be added to the F.A.Q? Let us know below.
Hat tip to reader Versd
