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ProphetX Promo Code: Use 'COVERS1' for Up to 200 in Prophet Cash

Carson Deveau - Covers
Written by: Carson Deveau, Betting Editor Fact checked by: Brandon DuBreuil, Head of Content
Last Updated Jul 13, 2025, 4:25 PM ET
Fact Checked
Brandon DuBreuil has ensured that facts presented were obtained from reliable sources and are accurate.

Sign up with the ProphetX promo code 'COVERS1' today to unlock 2% cashback on your bets during your first 30 days, up to 200 in Prophet Cash. ProphetX varies from traditional betting sites, offering sharp odds on high-volume bets at low commission rates thanks to the ability to request custom game odds. 

Our comprehensive guide shows you how to get one of the best sportsbook promos in 2025. 

Regularly seen on: USA TodayESPNNew York Times
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Up to 200 in Prophet Cash

COVERS1

Claim 200
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    ProphetX Exchange

    Up to 200 in Prophet Cash

    Claim Now
    Table of contents
    • Best ProphetX offers
    • ProphetX promo code
    • How to claim
    • ProphetX model explained
    • Can you win real money on ProphetX?
    • ProphetX review
    • In what state is ProphetX legal?
    • ProphetX Promo Code FAQ
    • Pages related to this topic

    Best ProphetX promo code and bonuses

    If you are new to ProphetX — one of the best social sportsbooks in the U.S. — register an account today with the ProphetX promo code 'COVERS1' in 2025. I've personally claimed each offer outlined below, guaranteeing their terms are reasonable and attainable for bettors of any experience level. 

    ProphetX sign up bonus ProphetX sign up bonus


    💰 ProphetX welcome bonus — Verified ✅

    ProphetX Logo

    Up to 200 in Prophet Cash

    COVERS1

     Claim 200

    Register with 'COVERS1' to unlock the ProphetX promo code first time user welcome bonus of a 2% bonus back on every play during your first 30 days using the platform, allowing you to snag up to 200 in Prophet Cash. Your promotional period begins when you make your first purchase. 

    The earned Prophet Cash carries a 1x wagering requirement that must be fulfilled before you can redeem the funds for real money. That means that you need to play through your Prophet Cash at least once. For example, if you have 200 in Prophet Cash, you need to make picks with this amount before it can be redeemed. This ProphetX promo code welcome offer is currently ongoing. 


    👥 Refer a friend 

    Do you know someone tired of traditional online sports betting? Send them your unique referral link found in your 'Account', and you'll receive 10 Prophet Cash after they wager at least 50 Prophet Cash within 14 days of opening their new ProphetX account. 

    The referral Prophet Cash bonus must be played through once on any market before it can be redeemed. Your bonus is void if you use your funds to match both sides of a wager. 

    ProphetX also offers a VIP refer-a-friend bonus, awarding up to 1,000 in Prophet Cash per referral. Simply get an interested friend to sign up using your unique referral code, and you'll get 10% of their total payout adjustment fees. The Prophet Cash earned carries a 1x wagering requirement that must be satisfied before it can be redeemed. This promotion is available only to users who were specifically invited by ProphetX via email — if you didn’t receive an invite, you’re not eligible.


    📬 Mail-in request

    You can receive two Prophet Cash daily by submitting a mail-in entry request to ProphetX. Simply complete the registration form by providing the necessary information — your full name, mailing address, email, date of birth, date of registration, and phone number. Make sure to follow the instructions exactly as they appear to ensure that you receive your two Prophet Cash.


    📱 Social media giveaways

    You can also earn additional Prophet Cash by entering ProphetX's no-cost giveaway contests on its X account. 


    Who can use the ProphetX promo code?

    • You must be at least 19 years old and physically present in one of the 40 states ProphetX legally operates in. Laws vary by state that can raise the minimum age to 21.

    • The ProphetX promo code is for new users only, meaning you can only access it if you've never used the online platform previously.

    ProphetX promo code summary

    💰 Welcome bonus Up to 200 in Prophet Cash
    ⏩ ProphetX promo code COVERS1
    💵 Minimum deposit $10
    ✍ Wagering requirement 1x
    🌎 Eligible states All states excluding AZ, ID, LA, MI, MT, NV, OH, TN, WA
    📱 Mobile app iOS & Android
    🕒 Offer expiry Ongoing
    ✅ Last verified July 14, 2025

    How to claim the ProphetX promo code

    You can quickly register with this peer-to-peer sports betting exchange platform when you follow these simple steps:

    1

    Register

    Launch the ProphetX sports betting app — which is available on the App Store and Google Play Store — to be redirected to the registration page. Click the 'Register' button and provide some personal information, such as your full name, date of birth, mailing address, social security number, and phone number. You will also have to verify your identity by providing a photo of your driver's license or passport.

    ProphetX will text you a one-time PIN to activate your new account. 

    Remember: you must register with the ProphetX promo code 'COVERS1' to qualify for the promotion.  Once you type that in, you will unlock the bonus.

    2

    Deposit funds

    Navigate to the 'Purchase' section, enter the Prophet Cash package you want to buy, select your preferred banking option, and confirm your transaction. You must make a minimum deposit of at least $10 for every purchase, and the funds will be issued to your account instantly. 

    3

    Make a wager

    With funds in your account, you can now browse ProphetX's available betting markets and start placing wagers using either Prophet Points or Prophet Cash.

    4

    Withdraw winnings

    You can redeem your Prophet Cash for real money easily. Simply head back to 'Shop', select 'Withdraw', choose from the available vendors, and enter the amount you wish to withdraw. You can expect your claim to be processed within five business days, which is the industry standard in 2025.   

    ProphetX model explained

    Exchange betting allows you to virtually become the sportsbook, as you can request your own odds for most ProphetX betting markets. For example, you could request Patrick Mahomes' total passing touchdowns to over 4.5 for his next game. If another user accepts the terms and backs the opposite side of the wager — under 4.5 touchdowns — then your bet is live. If nobody accepts your bet, then your money is returned.

    How does ProphetX work?

    ProphetX is different from traditional sportsbooks, operating as a mix between a sweepstakes casino and a sports betting exchange platform. ProphetX displays the liquidity pool for all existing, in-house betting odds, which shows the amount of Prophet Points or Prophet Cash required to wager on that market. For example, if the over on Patrick Mahomes' total passing touchdowns has a liquidity pool of 83 Prophet Cash, that means you can fully match the bet up to that amount. You can also partially match the bet if you want to wager more, meaning another user will have to match the exceeding portion for the full wager to be live. 

    Below is a breakdown of ProphetX's two forms of virtual currency:

    🎁 Prophet Points

    Prophet Points are available for free play, as they hold no monetary value. You can purchase additional Prophet Points on-site via the banking section. Our recommendation is to use Prophet Points as a test drive of the site as you familiarize yourself with the ProphetX platform. Once you have familiarized yourself with what ProphetX has to offer, you can start playing with Prophet Cash.

    💸 Prophet Cash

    You can only receive Prophet Cash via real-money deposits, referral bonuses, mail-in requests, and social media giveaways. Don't miss out on these valuable promotions because there's helpful ways to get more Prophet Cash. You can exchange Prophet Cash for various cash prizes. 

    ProphetX betting markets

    Unfortunately, ProphetX only offers a limited number of sporting events and leagues for you to wager on in 2025. However, we anticipate this number will grow soon, you can still make use of the ProphetX promo code. I've outlined the sports betting markets you can access today: 

    Covers hit icon NFL

    Covers hit icon NCAAF

    Covers hit icon NBA

    Covers hit icon NHL

    Covers hit icon NCAAB

    Covers hit icon Soccer

    Covers hit icon UFC

    You can also access a variety of popular futures markets, including Super Bowl LIX odds, 2025 College Football National Championship odds, and Heisman odds.  


    How much commission does ProphetX take?

    One of ProphetX's top features is its low commission rates, as the betting site only charges a 3% surcharge to winnings bets instead of automatically applying a commission rate onto all of its betting odds. This model allows you to score better prices on high-volume bets than at traditional sportsbooks. For example, if you won $100, ProphetX would automatically take $3 from your winnings, leaving you with $97. Since ProphetX offers less vigorish — also known as vig or juice — on its wagers, it allows you to score better odds with a more favorable payout. 

    Can you win real money on ProphetX?

    Yes, you can win real money on ProphetX! All you need to do is redeem your virtual currency (Prophet Cash) for cash and other great prizes. What's great is that you can earn Prophet Cash without ever having to make a purchase, although the option is there for you if that's what you prefer.

    Follow the steps below to learn about what you need to do to make redemptions at ProphetX. 

    1. Click the 'Prophet Cash' icon on the right-hand side of the ProphetX homepage.

    2. Navigate to 'Purchase' on mobile. Desktop users must select 'Add Prophet Cash'.

    3. Purchase a package to get Prophet Points plus Prophet Cash.

    4. If your picks win, you can redeem your Prophet Cash for USD and transfer it to your bank account.

    ProphetX review

    ProphetX Logo

    Up to 200 Prophet Cash

    COVERS1

     Claim 200

    Covers verdict

    ProphetX is an industry stand-out in 2025 thanks to its unique approach to online sports betting, acting as a hybrid between a peer-to-peer sports exchange platform and a sweepstakes casino. You can request custom odds and enter contests against other players for real money when you wager with Prophet Cash. Alternatively, you can also use Prophet Points to play for free. If you're looking for a reliable betting site that gives you an edge on your bets, look no further than ProphetX. 

    Profile iconWho it's for

    ProphetX is a top choice for U.S.-based arbitrage players. The operator charges low commissions and high liquidity for all of its competitive betting odds, allowing you to score more lucrative lines than available at traditional betting sites and place your high-volume bets with confidence. I'd also highly suggest ProphetX to all bettors who currently reside in a state without legalized sports betting and online sportsbooks, as the platform has a sweepstakes model and is permitted to operate in most of these jurisdictions in 2025. 

    Covers BetSmart Rating icon Covers BetSmart Rating: ⭐ 4.0/5
    Bonuses and promotions ⭐ 3.5/5
    Banking and payout speed ⭐ 4.2/5
    Key features ⭐ 4.2/5
    Security and trust ⭐ 4.5/5
    Customer support ⭐ 3.0/5
    User experience ⭐ 4.0/5
    Betting odds ⭐ 4.5/5
    Blue thumbs up icon User reviews
    Editor's note: User reviews may be edited for clarity. 

    "For those of that live in states without traditional sportsbooks, ProphetX is a godsend! The odds are incredible. Just want to give a big thank you to the folks behind this app."

    - App Store reviewer

    "A great app for sports betting. Easy to navigate, lots of options to satisfy any sports bettors desire. Support staff responded to my question quickly. The Propbetx exchange is a great advantage because you're betting against other people, not the house, this means you can never be limited. Overall, the app, along with the exchange itself, make for an enjoyable (and hopefully profitable) experience for both beginners and experienced bettors."

    - Chris, Google Play Store user


    ProphetX at a glance

    💰 Sign-up bonus Up to 200 Prophet Cash
    ⏩ ProphetX promo code COVERS1
    🏅 Top feature Low commission rates
    💵 Minimum deposit $10
    🕒 Payout speed Within 24 hours
    Apple icon App Store rating 4.8/5 ⭐ (1.5K reviews)
    Google Play Store icon Google Play rating 4.8/5 ⭐ (308 reviews)
    🌎 Available states All states excluding AZ, ID, LA, MI, MT, NV, OH, TN, and WA
    🕒 Offer expiry Ongoing
    ✅ Last verified July 14, 2025

    ProphetX iOS app

    ProphetX iOS app


    What we like

    Covers hit icon
    Request custom odds: You never have to settle at ProphetX, as you can request custom betting lines for its available sports. As long as another ProphetX user accepts the other side of your odds, the bet is live, allowing you to gain an even more lucrative payout if it hits. 
    Covers hit icon
    Reduced juice: ProphetX doesn't charge a commission automatically to all of your wagers, allowing you to get some of the industry's most favorable betting odds for its available markets.
    Covers hit icon
    Can play for fun: While you still have betting options to win real money when playing with Prophet Cash, I appreciate that you can also use Prophet Points to play for fun if that's what you're interested in. 

    What we don't like

    Covers miss icon
    Lack of customer support: Though I was able to reach the customer service team via email, it did take several days to hear back from them. I hope ProphetX begins offering 24/7 support in the future to respond to requests in a more timely manner. 
    Covers miss icon
    Recently revamped platform: The jury is still out on the recently rebranded ProphetX platform. I will be closely monitoring to see what changes, offerings, or improvements the operator implements in the coming months. 
    Claim the ProphetX Bonus

    ProphetX deposit options

    We were impressed with ProphetX's wide range of available deposit and withdrawal options, including debit and credit cards — like Visa and Mastercard. All banking vendors come with no fees attached and require a minimum investment of only $5 per deposit. This helps set ProphetX ahead of other DFS sites, which sometimes have fees attached to transactions. While it would be nice if they added crypto since it allows for faster transactions, there are still plenty of options to choose from.

    Method Deposit Process Time Minimum Amount Fee
    visa icon Visa ✅ Instant $5 Free
    Mastercard icon Mastercard ✅ Instant $5 Free
    Mastercard icon Discover ✅ Instant $5 Free
    Mastercard icon PayNearMe ✅ Instant $5 Free
    Mastercard icon Trustly ✅ Instant $5 Free

    ProphetX Withdrawals

    Unlike Prophet Points, you can redeem your Prophet Cash for real money through Trustly. Though I received the payment within 12 hours and appreciate how I can take out as much as $2,500 per transaction, I hope that ProphetX adds more withdrawal options in the future to accommodate users' banking preferences. Adding more methods would make the payment process more convenient and accessible. As the platform continues to grow in popularity, we can expect to see more banking methods. I would love to see PayPal added in the future.

    ProphetX customer support

    ProphetX needs to significantly improve its customer support offerings to get on par with its competitors. You can only reach them between 10 a.m. and 10 p.m. ET, as the operator does not offer 24/7 live or phone support. Though it has an active social media account, discord channel, and email, I really hope that ProphetX expands its customer support capabilities in the future. The good news is that if this platform continues to grow, we're likely to see customer support become more easily accessible.

    • Live chat: N/A
    • Email: hello@betprophetx.co
    • Phone: N/A
    • Support languages: English
    • X (Twitter): @PlayProphetX

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    In what state is ProphetX legal?

    ProphetX is available in both states with legal and non-legal sports betting since it operates on a sweepstakes model, making our lists for the best Florida sportsbook promos, sports betting apps California, sports betting apps Georgia, sports betting apps legal in Texas in 2025. ProphetX is available in the following U.S. states: 

    Alabama
    Arkansas
    California
    Colorado
    Connecticut
    Delaware
    DC
    Florida
    Georgia
    Hawaii
    Illinois
    Indiana
    Iowa
    Kansas
    Kentucky
    Maine
    Maryland
    Massachusetts
    Minnesota
    Mississippi
    Missouri
    Nebraska
    New Hampshire
    New Jersey
    New Mexico
    New York
    North Carolina
    North Dakota
    Oklahoma
    Oregon
    Pennsylvania
    Rhode Island
    South Carolina
    South Dakota
    Texas
    Utah
    Vermont
    Virginia
    West Virginia
    Wisconsin
    Wyoming

    ProphetX bonus comparison

    ProphetX logo
    ProphetX
    Thrillz logo
    Thrillz Sportsbook
    Novig logo
    Novig
    Welcome bonus Up to 200 Prophet Cash 100% match up to $25 SC + 150,000 FC 1,000 Novig Coins + 5 Novig Cash
    Promo code COVERS1 COVERSBONUS Not required
    Bonus type  Bet match Deposit match No deposit bonus
    Bonus form 2% back on every play for your first 30 days Up to $25 SC + 150,000 FC 1,000 Novig Coins + 5 Novig Cash
    Wagering period N/A N/A N/A
    Min. deposit $10 $25 N/A
    Covers BetSmart Bonus Rating ⭐ 3.5/5  ⭐ 4.2/5 ⭐ 4.4/5

    Alternatives to ProphetX

    There are a few alternative platforms to consider, along with ProphetX, including Kalshi, Betr, and Thrillzz. Below you will find information on what each site has to offer.
    Kalshi logo
    Kalshi promo code
    Learn everything about the Kalshi promo code.
    Kalshi Promo Code
    Betr logo
    Betr promo code
    Explore all of the Betr Picks promo code details.
    Betr promo code
    Thrillzz Sportsbook logo
    Thrillzz promo code
    Claim your Thrillzz Sportsbook promo code today.
    Thrillzz Sportsbook Promo Code

    ProphetX Promo Code FAQ

    Yes, ProphetX is a legitimate online betting site that is available in 40 states, plus DC in 2025.

    You must use the ProphetX promo code 'COVERS1' during registration to claim the operator's latest welcome offer of up to 200 in Prophet Cash.

    Yes. Though Prophet Points hold no monetary value, you can redeem Prophet Cash for real money.

    Simply input the ProphetX promo code 'COVERS1' when you create a new account to claim current the ProphetX welcome bonus.

    You can claim a refer friends to ProphetX, enter various social media giveaways, or submit mail-in requests to earn Prophet Cash.

    ProphetX is legal in all U.S. states in 2024 except for the following: Arizona, Idaho, Louisiana, Michigan, Montana, Nevada, Ohio, Tennessee, and Washington.

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    Carson Deveau - Covers
    Carson Deveau
    Betting Editor

    Carson Deveau is a content editor for Covers, focusing on the commercial aspect of North America’s rapidly growing sports betting and iGaming market. Carson's passion for the industry pushes him to continue providing insightful sportsbook and iGaming reviews for bettors of all experience levels.

    Table of contents
    • Best ProphetX offers
    • ProphetX promo code
    • How to claim
    • ProphetX model explained
    • Can you win real money on ProphetX?
    • ProphetX review
    • In what state is ProphetX legal?
    • ProphetX Promo Code FAQ
    • Pages related to this topic
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