Polymarket is officially legal in California right now, giving residents the green light to jump into prediction market action. Seriously, new users can snag a sweet $50 bonus trading credit just by making a minimum $10 deposit, and the whole operation is federally licensed and regulated by the U.S. Commodity Futures Trading Commission (CFTC). This isn’t some back alley deal, folks; polymarket.us is legit, letting you trade on event contracts, including outcomes for big-name teams like the 49ers, Rams, Chargers, Dodgers, Angels, Lakers, and Warriors.
The Green Light: How Polymarket Got Legal
This isn’t just a free-for-all; Polymarket’s app and polymarket.us desktop site fall under federal licensing, with the CFTC regulating Polymarket US. That’s a huge deal! It means this platform is totally separate from the global polymarket.com cryptocurrency exchange, which isn’t legal or available in the U.S. Because they’re federally licensed, the list of states where you can legally trade on these prediction markets is pretty long, and yeah, California is absolutely on it. You can jump in and predict outcomes, like if the Lakers will win or how a Rams vs. 49ers game will shake out.
Get Your $50 Bonus Trading Credit!
So, how do you get this bonus? New users in California just need to register with the promo code CBSSPORTS. Drop in ten bucks or more for your first deposit, and BAM, you get $50 in bonus trading credits. There are a few key things to remember: your qualifying $10 deposit has to be used before you tap into those credits, and they’ll expire 30 days after you get ’em. Existing users are out of luck on this one. The bonus isn’t withdrawable cash, but any earnings you make from settled trades? That converts straight into withdrawable cash. If a trade goes south, your deposited funds cover the loss first, and any leftover bonus is still good to go for your next play. This Polymarket US offer is actually a super competitive deal when you compare it to Kalshi California’s welcome bonus, which is only $25 and needs a $25+ trade to unlock.
It’s all verified as of September 4, 2026, so this isn’t old news! If you’re 18+ and in California, this is a real chance to get in on prediction market action with a little extra cushion. Remember those 30 days for the bonus credits, so don’t sleep on it!
This article was created with AI assistance and published under Seattle On Tap’s editorial standards. See our Editorial Policy.
Originally reported by CBS Sports.
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