Alright, listen up because this is big for anyone in California who loves getting in on the action: Polymarket is officially legal in the Golden State! Yep, the Polymarket app and polymarket.us are running legit as a licensed prediction market, all regulated by the U.S. Commodity Futures Trading Commission (CFTC), a federal government agency. This means you can finally dive into event contracts, including stuff like college football games, without looking over your shoulder.
Get Your Game On With a Sweet Bonus
And here’s the kicker, because who doesn’t love a bonus? If you’re a new user in California, you can snag a $25 bonus trading credit just by using the Polymarket promo code **CBSSPORTS**. All you gotta do is sign up with that code and then drop a $10 or more deposit. Boom, $25 extra credit in your account ready for you to start trading. Just remember, that qualifying $10 deposit needs to be used before your bonus credits kick in, and those credits are good for 30 days. Any earnings you make from those trades? That converts to withdrawable cash. Losing trades use your deposited funds first, but any remaining bonus is still there for your next move. No cash-outs for the bonus itself, and it’s gotta be used on Polymarket US, not that global .com platform. For the full lowdown, always hit up Polymarket.us.
What This Means For Your Event Trading
This federal licensing is a game-changer, making Polymarket US legal in a bunch of states, California included. We’re talking event contracts that cover sports outcomes, so you can legally trade on everything from college football to other major sports events. It’s not the same as polymarket.com, which is a global crypto exchange and definitely not legal here in the States. Polymarket US is its own beast, operating under the watchful eye of the CFTC. Oh, and just a heads up, if you’re looking at Kalshi, they’ve got their own welcome bonus too, a $55 one, but you need to do $25+ in trades to unlock it. Also, Kalshi’s sports contracts aren’t available in places like MI, NV, and WA right now.
So, what are you waiting for? That $25 bonus doesn’t last forever, and with college football contracts on the table, it’s time to get in the game. Just make sure you read those terms, champ!
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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