Is there a Sleeper Markets new user promo?
If you were hoping to come across a bonus to use for your first trade, then there is some bad news. While Sleeper does have a welcome bonus available, it’s not tied to prediction markets. While it’s frustrating, there is a glimmer of hope. After jumping on live chat to speak with the team directly, it was highlighted that there isn’t a prediction market bonus at the moment. So, reading between the lines, it sounds like it could be a possibility for the future.
For now, the only welcome bonus available is for Player Picks. Player Picks is completely separate from the prediction markets. It’s a contest where you make over/under selections based on a projected stat - points, rebounds, and yards, for example. This bonus will match your first deposit by 100% up to $100. While searching the app for a promotion, this is the only confirmed bonus.
What a Sleeper Markets promo code could look like in the future
Right now, there isn’t a prediction market bonus at Sleeper. That said, you shouldn’t lose all hope of there never being any type of promotion for prediction markets. There’s every chance that more bonuses will get rolled out, so it’s a case of waiting to see. If anything changes, you will find the latest details right here. For now, let’s look a little closer at the types of bonuses you may find at Sleeper Markets in due course.
Deposit match bonus
Just like the Player Picks bonus, Sleeper Markets may adopt a similar approach. In this case, a deposit bonus would work in the same way. You would need to deposit a minimum amount to claim a 100% match. For example: 100% deposit bonus, up to $250. Let’s say the minimum deposit is $10. If you deposited $10, you would then get another $10 in trading bonus funds. To unlock the full $250 potential, you’d need to deposit $250, which would give you a total of $500 in funds to use.
Deposit bonus
This bonus is similar to the above, but you will not have your deposit matched. Instead, you simply make a qualifying deposit to release the attached offer. It’s a popular type of bonus, which you may have already seen with the Moomoo promo code, where newcomers can claim trading coupons after an initial deposit. To give you an idea, you may find something like: Deposit $10 and get $15 in trading bonus funds.
First trade bonus
If Sleeper Markets releases a first trade bonus, it will usually give you some bonus funds after placing your first order. For example: Trade $5+ and get $10 as a trading bonus. This type of bonus is quite popular, so there’s every chance that this could be the bonus of choice here.
Volume-based bonus
Now, this feels more like a VIP or loyalty program, but this type of promo has been rolled out for new users at other prediction markets in the past. To give you an idea, it could be based on your 30-day trading volume, starting from the day of registration. The most common layout for this bonus is that as you meet certain milestones, you will receive the attached bonus. In this case, you would have 30 days to work through the tiers, after which the promo expires.
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How you might claim Sleeper Markets promo codes, if they are released
There might not be a prediction market bonus right now, but that doesn’t mean that one will not appear at some point. To be honest, it’s quite common for there to be no prediction market bonus for a while. After testing many prediction market sites recently, it happens possibly more than you may think. It’s been known for prediction market sites to drop a welcome bonus or ongoing promos after a few weeks or months, so it’s worth keeping your eyes peeled.
For now, here’s a step-by-step guide on how it might look to claim a welcome bonus when the time comes:
- Load the Sleeper Markets website by clicking the promotional banners on this page.
- Download the iOS or Android app by tapping the icons on the homepage.
- Fill out the registration form by providing a few details.
- Verify your email address by clicking the link.
- You may be asked to enter a promo code, depending on Sleeper Market’s approach.
- Complete the qualifying steps, such as making your first deposit or trade.
- Wait for your bonus to land on your account.
- Use your bonus to trade on your favorite markets.
Ongoing promotions for traders at Sleeper Markets
Just like the lack of newcomer bonuses for Sleeper Markets, there also doesn’t appear to be any promotions for existing traders either. It’s a shame, because bonuses can add lots of value to your trading sessions. With that in mind, Sleeper Markets could release some ongoing bonuses at some stage. Let’s take Coinbase for example. There isn’t a Coinbase promo code for new arrivals, but there is a referral program.
To give you some idea of what may be coming to Sleeper Markets, here’s a quick overview of the most popular ongoing offers at other prediction market sites:
Referral program
Referral rewards are quite common at prediction market sites. You may have already heard about Robinhood’s program, where you can share a Robinhood referral code, for example. Typically, this type of program requires you to share a unique code or link to invite others to the platform. When you’re successful, you will receive a bonus. Just keep in mind that you may need to hit some qualifying criteria, such as having traded at least once before, or your referred friends may need to trade a minimum amount to release your bonus.
Trading volume bonus
This is a simple type of bonus that rewards you the more you trade. Every time you trade a contract, you will progress through the tiers and unlock bigger rewards. Depending on the system, you might find something that looks a little like this:
- Trade $100, get $5 in bonus credit
- Trade $250, get $25 in bonus credit
- Trade $1,000, get $100 in bonus credit
Fee rebate
A fee rebate does exactly what it says. It’ll return a percentage of your trading fees as bonus credit. For example, 10% of your trading fees are returned if you trade a certain amount. There may also be a time-limit to hit the threshold, which could work on a 30-day rolling basis, for instance.
Event-specific bonus
You may find promotions that reward you for forecasting specific events. This is particularly popular during major events, such as the Super Bowl or the US Presidential election. If you trade on the specified market, you would then unlock the attached bonus in trading credit.
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Check out these tips to boost your trading at Sleeper Markets
The bottom line is that Sleeper Markets doesn’t have a single bonus for prediction markets at the time of writing this guide. Despite that, it’s worth weighing up the other ways you can maximize your trading experience. With no bonuses to add more value, here are a few other ways that may be of interest.
It’s fun to occasionally try and predict outcomes on new events, but you are naturally going to have a better shot if you are predicting outcomes that you know quite well. After all, there’s not too much point to trying to forecast the outcome of a soccer match, if you’re into basketball more. The great news is that Sleeper Markets is home to a broad range of leagues, including the NFL, NBA, NHL, and MMA, so there should be something to suit most interests.
There’s not much worse than being surprised with a bunch of fees that you didn’t expect. Well, the thing is, Sleeper Markets has a clear pricing structure. The low fees include a $0.01 trading fee and a $0.01 exchange fee, which totals $0.02 per executed event contract.
Sleeper Markets is active on Facebook and Instagram. These pages are great for keeping you updated about the trending events and latest news. Practically everything that Sleeper Markets thinks traders want to know about is shared here. You may also find out about promotions here, if and when they drop. It’s always worth covering all avenues, because you may even find social media exclusive content and offers here.
Remember, Sleeper Markets is app-based. This means that you will need to install the iOS or Android app to start trading. While you can create an account on the website, you will not have access to the prediction markets. To start trading, you must access the app and head to the prediction markets section. Not everything is available on the website, but you will have access to all features on the app.
Sleeper Markets requires you to be physically located in a permitted state and meet the minimum age requirement. For example, in many states you can join from 18+ years old. However, some states require you to be 19 or 21 years old or over. It’s worth noting that the excluded states are currently
.
Conclusion: Enjoy trading on Sleeper Markets without a bonus - for now
Sleeper Markets doesn’t have a welcome bonus, or any promotions for that matter. Despite that, you can still enjoy a broad range of prediction markets. While bonuses are nice to have, it’s not a dealbreaker. The fact that Sleeper Markets has such great liquidity proves that. Nevertheless, if a bonus is rolled out in the future, you will find the details of it right here.
For now, if you want to make use of the prediction markets in their own right, there’s only one thing left for you to do. You can join Sleeper Markets today by tapping the promotional banners on this page.
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Wes Burns has more than a decade's worth of experience as a writer, researcher and analyst in the legal gambling industry and is co-founder of BettingUSA.com. As a former professional online poker player, Wes approaches his work from the viewpoint of players.