Is Polymarket Legal in California? November 2026 Status

Yes, Polymarket is legal in California, with the Polymarket app and polymarket.us operating as a licensed prediction market regulated by the U.S. Commodity Futures Trading Commission (CFTC), an agency of the federal government. Using the Polymarket promo code CBSSPORTS in California unlocks a $25 bonus trading credit for new users after a $10+ deposit. Credits can be used to trade event contracts, including tonight's NHL and college basketball games. Tap here for the Polymarket US $25 welcome bonus.
Polymarket App Welcome Bonus
Polymarket Promo Code
Minimum Deposit
$10
Promo Eligibility*
U.S. residents physically located in California or any state Polymarket US operates
Legal Age
18+
Key Terms
Qualifying $10 deposit must be used before trading credits. Credits expire 30 days after issuance.
Last Verified
November 3, 2026
*Sports contracts are not available in MI
New users in California can claim the Polymarket promo code by registering with the promo code CBSSPORTS. Once complete, deposit $10+ to receive $25 in bonus trading credits. Existing users are not eligible.
The $25 trading bonus is non-withdrawable. Credits cannot be redeemed for cash, transferred, or exchanged. The trading credits must be used within the Polymarket US platform. Any earnings from settled trades will convert to withdrawable cash.
If a trade settles at a loss, deposited funds are applied first to cover the loss, and any remaining bonus is still available for additional trades. Remaining credits will be removed from your account after they expire.
Certain markets available on the global Polymarket platform may not be available on the Polymarket U.S. app. For full terms and conditions, visit Polymarket.us.
The Kalshi California welcome bonus is $55 and requires $25+ in trades to unlock. Kalshi is available nationwide for new users to sign up. Sports contracts are currently unavailable in MI, NV, and WA. To be eligible for Kalshi's sign-up bonus, new users must be physically located in a state where Kalshi prediction markets operate and complete the sign-up and identity verification.
Is Polymarket legal in California?
Yes, Polymarket is legal in California. The Polymarket app and its desktop site polymarket.us fall under federal licensing, with the U.S. Commodity Futures Trading Commission (CFTC) regulating Polymarket US. This is a different platform than polymarket.com, a global cryptocurrency exchange, which is not legal or available in the United States.
Because Polymarket US is federally licensed, the list of prediction market legal states is quite long and includes California.
Prediction markets on the Polymarket app allow users to trade on event contracts, including sports event outcomes. That means you can legally take a position on a Lakers victory or a Rams vs. 49ers outcome after claiming the Polymarket California promo code.
Polymarket US is just one of several California prediction market apps operating in the state.
Last verified November 3, 2026
Which Markets Are Available to California Traders on Polymarket?
Sports markets are the most popular type of market by trading volume in the U.S., according to Polymarket US. Other market types include weather and the economy. For more information on how to trade, visit our page on how prediction markets work.
Sports markets
Polymarket California offers event contract trading for the outcome of specific sporting events, including game results, season-long outcomes and player performances. Prices are listed in percentages, and you buy either "Yes" or "No" contracts.
Let's look at an NFL prediction markets example. If the Rams are hosting the 49ers, and Los Angeles is trading at Yes 60% to win, you would pay $0.60 per event contract.
If the trade settles successfully (LA wins), you get $1 per contract, for a profit of $0.40 per contract.
If the trade settles as a failure (LA loses), you lose the entire $0.60 per contract.
Available leagues on the Polymarket app include:
To make trades on teams like the 49ers and Rams, click here to get started and claim your $25 bonus after depositing $10 with the Polymarket promo code CBSSPORTS:
Featured market today on Polymarket: Stars vs. Capitals
Percentages are equivalent to price per contract. At market settlement, successful trades pay out at $1 per trade, and unsuccessful ones result in a 100% loss.
High-level hockey teams will show down when the Dallas Stars visit the Washington Capitals on Tuesday night. Below are the prices for the contest.
Content is promotional and not a recommendation to trade. Contract pricing fluctuates and is subject to change.
Polymarket for California Sports Teams
California has plenty of teams to place contracts on Polymarket US. The platform offers championship markets, playoff markets, and game-by-game contracts for nearly every major franchise in the state. Here is a preview of some of those teams, with Polymarket app prices as of November 3, 2026.
San Francisco 49ers (16¢)
After a disappointing 2025 campaign, the 49ers have hit the 2026 season running, coming out of the gate with three straight victories. Quarterback Brock Purdy calls the shots for a team that includes running back Christian McCaffrey and tight end George Kittle. When healthy, this roster is considered one of the strongest in football.
Los Angeles Rams (7¢)
The Rams began the 2026 NFL season as the highest price in futures trading to win the pro football championship, sitting at approximately 17% to win it all (84% No). Key storylines heading into the regular season included adding reigning Defensive Player of the Year Myles Garrett (currently out with a knee injury) and coaxing former Defensive Player of the Year Aaron Donald out of retirement.
Los Angeles Chargers (1¢)
The Chargers were positioned as a top 10 contender on the Polymarket app's futures market to win it all. Six straight losses to open the season dropped them considerably in the market. The team added former Dolphins head coach Mike McDaniel as its new offensive coordinator but lost defensive coordinator Jesse Minter, who left to become head coach of the Ravens. The Chargers were 5% in the pro football championship market (96% No) heading into the season.
Los Angeles Dodgers (N/A)
The Dodgers are the most-traded team on the Polymarket app's baseball futures markets and were the clear World Series top choice in trading by the public. Suffering a sweep at the hands of the Milwaukee Brewers marked one of the most disappointing endings to a Dodgers season in recent memory.
Los Angeles Lakers (5¢)
The Lakers entered the 2026-27 NBA season at a small price in the Polymarket app's championship exchange, at roughly 4% to win the title (97% No). This offseason, the Lakers lost LeBron James in free agency, and the team now centers on All-Star guard Luka Doncic.
Setting up a Polymarket app account in California
Signing up for a Polymarket California account is straightforward when you follow these steps:
How to claim the $25 Polymarket promo code in California
To deposit funds and claim your welcome offer, tap "Deposit" in the upper right corner of the screen or go to your Portfolio. Select your deposit method from the list of available options, including debit card, online banking, wire transfer, and Apple Pay.
You'll need to deposit at least $10 to claim the $25 Polymarket welcome bonus. The $25 will be awarded as trading credits. Trading credits cannot be withdrawn. If you win trades, those winnings convert to real money that can be withdrawn.
Make trades on teams like the Lakers and Dodgers and claim your $25 bonus after depositing $10 with the Polymarket promo code CBSSPORTS:
Responsible Trading
Polymarket US doesn't offer an expansive responsible trading section, but those who feel they need responsible trading assistance can contact the national helpline at 1-800-MY-RESET.
Polymarket US does partner with licensed Futures Commission Merchants (FCMs) to provide customers access to responsible trading measures. FCMs manage daily trading limits. Those interested can contact FCMs through the Polymarket app to:
Additional help and resources are available through the NCPG's Financial Trader Health and Safety Initiative.
FAQ
Is Polymarket legal in California?
Yes, the Polymarket app is a federally licensed prediction market platform that allows users to trade on the outcome of events, including sports. It is regulated by the U.S. Commodity Futures Trading Commission (CFTC), an agency of the federal government.
What is the Polymarket CA promo code?
The Polymarket promo code for California is CBSSPORTS, and you can claim the offer to receive a $25 trading bonus when you deposit your first $10+.
Does Polymarket require California residents to verify identity differently than other states?
Polymarket California users are under no restrictions once they verify their identity. The platform uses geolocation to determine a user's location, so California residents can trade anywhere the platform is available. Polymarket is not available in Nevada, and offerings are limited in some other states.
Is Polymarket's welcome bonus available to California residents?
The Polymarket promo code California offer of a $25 welcome bonus is available to any eligible new user in a location where the platform operates legally. That includes California. Just use Polymarket offer code CBSSPORTS during registration.
What happens to my Polymarket account if California's legal status changes?
A sweeping change making all prediction markets in California legal or illegal at once is unlikely, but a change in legal status could affect which event contract categories are offered. The exact outcome depends on developments in various courts.
Which teams can you trade on with Polymarket in California?
In addition to California-based sports teams like the Lakers, Dodgers and Rams, users in the Golden State can also make trades on countless other leagues and sports teams, including NFL, MLB, NBA, NHL, tennis, golf, WNBA, MLS, college sports, combat sports, motorsports and more.
Event contracts trading involves a risk of substantial loss and is not suitable for all investors. Participation in prediction markets is subject to applicable eligibility requirements. Participation may be restricted or prohibited in certain jurisdictions and participants are responsible for ensuring their participation complies with applicable laws and regulations in their jurisdiction. Prediction markets content is not intended for individuals located in jurisdictions where they are prohibited. Additional help and resources are available through the NCPG's Financial Trader Health and Safety Initiative page.
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