What is the ROLR promo for new traders?
So most times, a welcome bonus is offered to first-timers who sign up on a prediction market platform in the US. This means I naturally go searching for bonus codes, the same way I did during my DraftKings Predict promo code review. With ROLR, however, not only was there no valid promo code, but the site also does not feature any bonuses for newcomers, at least not in the way you'd expect.
ROLR recently swung its digital doors open to traders, and the site is currently in what seems like a test phase. For this entire duration, you can't purchase or sell even contracts in the way you normally do using supported fiat currencies (e.g., USD). As such, there's no welcome offer available for now. However, I came across a promotion called the free-to-trade prediction challenge that features a grand prize of $25,000,000.
About the free-to-trade prediction challenge
Now you might be wondering how participation in this promotion is possible without deposits or bonuses. Well, here's where it gets interesting because ROLR will give you 1,000 free credits after registration, which then allows you to participate in this challenge. Once you've received yours, all you have to do is use the 1,000 ROLR credits to trade yes/no contracts.
As you do this, all your trading activity between June 2 and July 26 will contribute to leaderboards. This gives you the opportunity to win one of the available prizes, which I'll talk about after the summary table below:
| Prediction challenge prize category | Reward |
|---|---|
| Grand prize | $25,000,000 |
| Season champion | $75,000 |
| Master referrer | Up to $1,000 weekly and $5,000 monthly |
| Monthly champion | $5,000 |
| Weekly top predictor | $1,000 |
| Daily leader | 500 credits |
- Daily prizes – Winning grand prizes can feel like a long shot if I'm being honest, so I really appreciated how more achievable daily prizes were made available here. All you have to do to be considered for this draw is to make more than one prediction daily. On any day you become the top predictor, ROLR will reward you with 500 free credits. There's also a daily draw and daily login bonus offering 250 credits and 10 credits, respectively.
- Weekly top predictor – Each week, ROLR will offer a $1,000 prize to the trader with the most predictions. This is where your consistency will be put to test. Every contract you trade will generate points for you, which will then be added to the weekly leaderboards.
- Monthly champion – Similar to the weekly and daily prizes, the title of monthly champion goes to traders with the most predictions. Winners are determined using the leaderboards, and the top prize is $5,000.
- Master referrer – Inviting friends to register on ROLR during the free-to-trade promotional phase also comes with its own benefits. If you're the top referral at the end of a week, you'll win up to $1,000. For every month, a trader with the highest number of qualified referrals gets up to $5,000.
- Season champion – Like I stated previously, grand prizes are not the easiest to win. So, if you end up as the overall top trader during the 8-week challenge but didn't win the grand prize, you'll be compensated with $75,000.
- Grand prize – The main draw of the ROLR 8-week free-to-trade prediction challenge is the $25,000,000. A total of 25 traders will gain entry to the finals, and seven contracts will be made available from any prediction market on the website. Anyone who successfully predicts all markets correctly gets the main grand prize, but if no one does, the top trader reverts to become the season champion.
How to get your $1,000 free credits and join the $25,000,000 challenge
Not having the need for a promo code during my ROLR review was fantastic because it's one less thing to worry about during registration. Additionally, opening a new account at ROLR was super easy, and here's how to go about it:
- Visit the official ROLR website by clicking the banners on this page.
- Tap the “Sign Up” button on the homepage and choose between the email and Google registration options.
- Enter your email address and confirm that you're 18+ years old.
- Create a strong password and choose a new username, which will both serve as your login credentials.
- Verify your account by entering the 6-digit verification code sent via email.
- Now, claim your 1,000 ROLR credits and use it to trade event contracts daily to climb the leaderboards.
What using the ROLR free credits actually looks like
The free credits you get from what appears like a welcome bonus are virtual currencies. On their own, they have no actual value outside of the ROLR website and can't be withdrawn. You would have to use them to get any kind of benefit, and here's how:
Trading Event Contracts
Trading event contracts – As soon as you receive your free credits, they can be used to purchase contracts instantly in various categories on the website. In each market, there will usually be two possible outcomes (“yes” and “no”). Similar to what I talked about in my Moomoo promo code guide, these contracts or shares are between $0.01 and $0.99. The prices of each share are a numerical representation of the percentage probability of the event happening. For instance, a contract price of £0.55 is equal to a 65% chance of an outcome occurring.
Accumulating Points
Accumulating points – Every time you make predictions on events, you'll receive points. These prediction points are what pushes you toward the top of leaderboards during the 8-week-long promotion period. Basically, the more points I collected, the higher I ranked, and the closer I got to being eligible for the $25,000,000 grand prize. A critical piece of information to keep at the back of your mind is that you can only trade a maximum of 10 events daily. I also discovered that more prediction points are released when event contracts are purchased at a lower cost because these outcomes are less likely.
Are there additional rewards to expect at ROLR?
I've clarified already that ROLR doesn't offer bonuses the way you'd expect them since the site is in a soft launch phase. However, just like I did when searching for a Coinbase promo code, I dug deeper to see if there were additional ways to get free credits. Unfortunately, there are none, which isn't surprising given the current status of the platform. This also meant that there was no need to go around hunting for a ROLR promo code to maximize bonuses.
From my perspective, there's a possibility that ROLR could introduce more traditional promotions once the platform is fully active. The expected date for this is from August 12, which is the day when the winner of the grand prize will be announced.
My final thoughts on ROLR promo offers
At the moment, regular welcome bonuses and existing user promotions are not offered on ROLR. While that can feel disappointing, it's clear that it has to do with the phased launch procedure being taken by the platform. Still, there are still certain perks you'll enjoy from registering early instead of waiting until when the site starts allowing real-money trading.
This includes the 8-week prediction trade challenge and all the available prizes that come with it. After signing up, you'll also get 1,000 free credits, which you can use to trade event contracts and win points. The more points you accumulate from this, the higher you'll climb the leaderboards and possibly be considered for a prize. If you're ready to get in today to be part of the 8-week challenge on ROLR, click the banners on the screen to open a new account.
ROLR promo code FAQs
Is there any ROLR bonus code I can use on the website?
No, no bonus codes are needed on ROLR. The platform is currently undergoing a phased launch, so you won't be needing any codes to enjoy perks on the website.
What welcome bonus will I get for signing up on ROLR?
ROLR does not offer a welcome bonus to users who sign up on the website. However, 1,000 free credits will be awarded to newcomers so they can participate in the 8-week prediction challenge.
What prizes are available to win from the 8-week prediction challenge on ROLR?
There are six prize categories for participants in the ROLR prediction challenge. Some include the $25,000,000 grand prize, $75,000 for the season champion, and up to $5,000 monthly for referring friends to the website.
