You don’t need to use a Robinhood promo code when you sign up to claim your welcome bonus. Once you’ve registered and linked your bank account or debit cards, you’ll get a welcome stock worth between $5 and $200.
This offer is the only welcome bonus available to new trading account holders at Robinhood, and it is only relevant to the stocks trading side of the site. At the time of writing, there isn’t a Robinhood sports predictions signup promo available. However, if that changes, we’ll be the first to update this review and let you know.
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Start to claim welcome offers at Robinhood
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Register with Robinhood on your device
The
Robinhood app
might be known as a day trading platform and exchange for crypto options, futures, and other forms of stock trading. However, it now also offers prediction markets for sports, politics, climate, and other future events, and Robinhood itself has called it the fastest-growing product line on the platform by revenue, with more than 9 billion contracts traded by over 1 million customers in its first year alone. To support that growth, Robinhood closed a joint venture with trading firm Susquehanna in January 2026, giving it its own CFTC-licensed exchange and clearinghouse for prediction markets going forward.
Unfortunately, at this moment in time, there isn’t a welcome offer that you can specifically use to buy or sell contracts for these prediction markets. Instead, you can get a stock worth between $5 and $200 when you create your new account and link your payment method (debit card or bank account).
Once you’ve linked the payment method, you’ll be given a cash reward that you can use to pick your stock. I should note that this is determined by your projected activity, and the site claims that around 99% of new traders will get a $5 stock.
Here’s a summary of the key bonus information:
| 📈 Prediction market and trading app: | Robinhood |
| 🏆 New account holder bonus: | Stock between $5 and $200 |
| 🎁 Promo code: | N/A |
| ❌ Prediction markets bonus: | N/A |
How to Register and Claim Your Robinhood Bonus
Robinhood does not currently provide a standalone promo code specifically for prediction markets. However, eligible new customers can still claim its standard sign-up reward: a fractional stock valued between $5 and $200 after opening and funding an account.
Once the reward has settled, you may sell the share and use the available cash toward eligible trading activity, including event contracts. Here’s how to register and claim the offer:
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Visit Robinhood:
Click one of the secure banners on this page to open the official Robinhood website, then select Sign Up.
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Create your login:
Enter your legal name and email address, then choose a secure password containing at least 10 characters.
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Complete your profile:
Provide your residential address, date of birth, and Social Security Number. You will also need to answer a short questionnaire about your trading experience and financial goals.
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Link and fund your account:
Connect an eligible U.S. bank account or debit card and make the required initial deposit to trigger the offer.
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Choose your reward:
Once Robinhood approves your account, select a free fractional share from the available U.S. stocks.
Who Can Claim This Bonus?
Two types of customers are eligible for the welcome bonus:
- New customers
- if you are creating an individual Robinhood account for the first time and have never previously held an account, you can claim the bonus. To get the bonus, you must get fully approved for a taxable and self-directed account.
- Existing customers
- You can also claim the bonus if you are an existing account holder who successfully refers a new customer to the site. The friend you refer must meet the eligible new customer criteria that we’ve described above and use your unique
Robinhood referral code
when they download the app and sign up.
To be eligible for a trading account on the platform, you must be over 18 and residing in the US. While the standard stock brokerage accounts are accessible across all 50 states, event contract access is more restricted: Maryland residents currently can't trade event contracts of any kind, while Nevada residents specifically can't open new sports event contracts. Robinhood notes that additional state-level restrictions can apply and may change, so it's worth checking the app directly for the current list in your state.
What Can I Use the Bonus On?
As we mentioned earlier, you cannot use this bonus on sports predictions or any other future outcomes. You can only use the offer to pick a stock that’s worth the value of your welcome reward.
For example, if you get a $5 reward, you can choose a stock worth $5 or less. Alternatively, as fractional stocks are possible, you can get a fractional portion of a higher-value stock.
You must use the reward to pick a stock worth its value within 60 days of it being available on your account. If you don’t use it within this time frame, you’ll forfeit the reward.
Can I Sell My Bonus Stock?
Yes, after three trading days, you can sell your bonus stock. However, you cannot withdraw its cash value until 30 days have passed since you claimed the reward. After this, there are no restrictions or requirements that must be met before withdrawals.
On the other hand, you can use the money from selling your stock on any of the trading activities that Robinhood offers. This includes politics, economics, and
sports prediction markets.
How Do I Know the Value of My Bonus?
The criteria Robinhood uses to determine the value of your welcome rewards seem unclear and almost random. Not much is stated in the T&Cs beyond the fact that the value can be between $5 and $200, and that 99% of players will get $5.
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Enjoy trading with Robinhood
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Boost gameplay with Robinhood crypto commissions
Top 5 Expert Tips for Using Your Robinhood Bonus
Below we've listed our top five expert tips to help you get the most out of your Robinhood welcome offer. Remember, it’s not a prediction market offer. First and foremost, you should carefully consider the fact that this bonus isn’t directly related to prediction markets. While Robinhood does offer this type of trading and a way to participate in sports and other events, the bonus cannot be used on a prediction market contract.
💰 Sell your stock and use the money on prediction markets
If you want to use the bonus to buy and sell positions on prediction markets, there is a roundabout way that you can do it. After three trading days have passed, you can sell your stock and use the cash balance that you get however you like. Just remember that you cannot withdraw the funds for 30 days.
✅ Make sure you’re eligible for the welcome reward
Adults aged 18 and older in all 50 states in the USA can legally create a Robinhood trading account, but this doesn’t automatically mean you’ll be eligible for the bonus. If you have previously held a Robinhood account, but have since deactivated it, you’ll miss out on the offer.
💡 Use Limit Orders to manage your event contract entries
Since Robinhood now fully integrates event contracts into the same platform as your stocks, you might be tempted to use "Market Orders" for speed. However, prediction market liquidity can fluctuate rapidly based on breaking news. When you’re using your bonus-converted cash to trade event contracts, try using Limit Orders instead. This allows you to set the exact price you’re willing to pay for a "Yes" or "No" contract, preventing you from overpaying during sudden price spikes and helping your trading capital stretch much further.
⏳ Take time to pick the right stock
You have 60 days from the moment that you get the reward to pick your stock. This is a very generous time limit, so there’s no need to rush things.
👫 Refer Friends to Robinhood
Once your account is up and running, you can potentially get the reward again if your friends register using your unique referral code. You can find the code on your account and share it with your friends via email or direct message, including SMS.
Robinhood Welcome Offer - Summary and Conclusion
There's no getting around it: unlike other
top prediction market sites, this platform doesn't run a dedicated sign-up bonus for its event contracts specifically. Even though the platform has become a genuine one-stop shop for stocks, crypto, and prediction market trading, the welcome offer itself only comes in the form of a fractional stock reward.
That said, the workaround is straightforward enough to make it worthwhile. Claim your free stock, sit on it for the required three trading days, then sell it and put that cash toward whatever markets you're actually interested in, whether that's an F1 championship, a political race, or a broader global event.
It takes an extra step or two, but it's a legitimate way to build up trading capital without hunting down a Robinhood promo code that doesn't exist. And once you're up and running, referring friends lets you keep adding to that balance over time.
🇺🇸Is Robinhood's Welcome Bonus Available in All 50 US States?
Yes, Robinhood currently accepts applications from residents in all 50 states, Puerto Rico, and the US Virgin Islands (exceptions may apply for active US military stationed abroad).
👥Can I Claim the Robinhood Referral Bonus If My Friend Is in a Different State?
In most cases, yes. As long as your friend is a legal US resident and meets the standard eligibility requirements, you can earn a referral reward worth between $5 and $200. Keep in mind that all Robinhood rewards are capped at $5,000 per person, per calendar year, combined across referrals and any other Robinhood offers. One exception to know about: Robinhood's terms specifically prohibit sending your referral link by text to anyone in Washington state, so stick to email or another method if your contact is there
⏰How Long Must I Wait to Withdraw My Robinhood Bonus Cash to My Bank Account?
While you can sell your reward stock after just three trading days, it's a Robinhood policy that you keep the cash value in your account for at least 30 calendar days from the date you claimed the reward before it becomes eligible for withdrawal to your linked bank. This standard hold applies to all users nationwide.
💰Are There Specific Income Tax Implications for the Robinhood Bonus in My State?
Robinhood's own terms state that the value of any reward received may be reported on applicable 1099 forms where required. Since state income tax laws vary significantly—for example, from no income tax in states like Florida or Texas to higher brackets elsewhere—it is recommended to consult a local tax professional.
⚽Can I Use the Robinhood Sign-Up Reward for Local Sports Prediction Markets?
No. The initial reward is granted as a stock, not direct prediction market credits. However, once you have held and sold the stock (after the 3-day lock), you can use those funds to trade event contracts for NFL games or other outcomes in supported jurisdictions. Availability for these markets is expanding, but users should check the app for the most current options in their specific region.
