ProphetX Promo Code COVERS: Get $20 Bonus for MLB & WNBA Prediction Markets

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Aug 18, 2026 , 12:50 PM ET • 4 min read

Get a $20 ProphetX promo code bonus with code COVERS on Aug. 18. Trade $10 to unlock your welcome offer on MLB and WNBA prediction markets.

Photo By - Covers - Use ProphetX promo code COVERS for the best ProphetX bonus guaranteed.

Tuesday, Aug. 18 brings a full slate of MLB and WNBA prediction opportunities, and new traders can maximize the action with a ProphetX promo code. ProphetX is offering a $20 trading bonus when you sign up with code COVERS. The offer requires an initial deposit of at least $10 and a qualifying trade of $10 or more on any event contract.

This welcome bonus applies to all eligible states and DC, excluding Nevada, making it accessible to most traders looking to explore one of the best prediction market apps available today.

 ProphetX Logo 

Get $20 With Code COVERS

* Terms and conditions apply.

How the ProphetX Promo Code Works for Tuesday's Slate

The ProphetX promo code offer is straightforward and designed to get you trading immediately on Tuesday's events. You must register with code COVERS to unlock the bonus. After depositing at least $10, you'll need to complete $10 in trades on any available event contracts, including the full MLB slate and WNBA matchups scheduled for Aug. 18.

Here's what makes this offer valuable: your $20 bonus is credited once you complete $10 in trades, regardless of whether those trades win or lose. If you trade on the Yankees-Orioles game and your prediction loses, you still receive the full $20 bonus. Similarly, if you trade on the Fever-Tempo matchup and your prediction wins, the bonus is still credited in full. The bonus funds can then be used to continue trading across ProphetX's full range of prediction markets.

Key terms and conditions include:

  • Available in all states plus DC, excluding Nevada
  • Minimum deposit of $10 required
  • Minimum trade of $10 required to unlock the bonus
  • Bonus credited regardless of trade outcome
  • Code COVERS must be entered during registration
  • Government ID and selfie verification required
  • Offer is ongoing with no expiration date

When comparing your options, reviewing best prediction market promos can help you understand how this offer stacks up against other platforms.


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Use the correct ProphetX promo code for your state

ProphetX operates as a federally regulated exchange under the Commodity Futures Trading Commission (CFTC). Unlike sportsbooks, ProphetX allows traders to engage in event-based contracts rather than traditional gambling markets.

  ProphetX Promo Code Eligible States
  COVERS All states + DC, excluding NV

Claiming Your Bonus on MLB and WNBA Markets

Getting started with ProphetX and claiming your $20 bonus takes just a few minutes. Follow these steps to register and place your first trade on Tuesday's events:

  1. Visit the ProphetX website or download the app from the App Store or Google Play Store and click Register
  2. Provide your full name, date of birth, mailing address, Social Security number, and phone number
  3. Upload a photo of your government ID or passport along with a selfie holding that ID for verification
  4. Enter the promo code COVERS during registration to unlock the bonus eligibility
  5. Make a deposit of at least $10 using your preferred payment method
  6. Browse ProphetX's available markets and place a trade of at least $10 on any event, including Tuesday's MLB or WNBA games
  7. Your $20 bonus will be credited to your account once the trade is confirmed
  8. Use your bonus funds to continue trading on additional prediction markets

Affiliate Disclosure: Our team of experts has thoroughly researched and handpicked each product that appears on our website. We may receive compensation if you sign up through our links.

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Luc LeBlanc
Content Editor

Luc LeBlanc has worked in sports media for nearly half a decade, blending his analytical approach, knack for pattern recognition, and a unique, transparent writing style to present readers with the best and most accurate information.

Safe and responsible sports betting never comes from blindly following picks or projections, but rather from better informing oneself through digesting trusted, transparent, and reliable information.

He holds a Geography degree (BSc) from Saint Mary's University. His love for maps and his science-oriented thought processes have seamlessly translated to how he approaches his work today.

Whether it's the NHL, ATP/WTA Tours, MLB, or NFL, he can always be trusted to deliver valuable information in an accessible manner and will never push a narrative without good reason.

Prior to joining Covers, his work could be found across numerous publications, such as The Hockey Writers, FanSided, and Oddspedia. 

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