ProphetX Promo Code COVERS: Trade $40 on Cavaliers vs. Knicks, Get $40 in Prediction Market Bonuses

Christian Stringer - Prediction Markets Editor at Covers.com
Christian Stringer • Prediction Markets Editor 8+ years betting experience
Updated: Nov 11, 2026 , 06:10 PM ET • 4 min read

Use the ProphetX promo code COVERS to trade $40 and get $40 on Cavaliers vs. Knicks tonight. Deposit $40 and unlock your bonus.

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

Use the ProphetX promo code COVERS to unlock the current welcome offer on Cavaliers vs. Knicks, tipping off at 7 p.m. ET on ESPN. As of Wednesday, Nov. 11, new users can trade $40 and get $40 in bonus funds. ProphetX ranks among the best prediction market apps for new users.

 ProphetX Logo 

Trade $40, Get $40 With Code COVERS


ProphetX promo code details

ProphetX New Customer Offer     
Trade $40, Get $40
ProphetX Promo Code COVERS
Minimum Deposit $40
Qualifying Transaction $40
Eligibility New Customers, 18+ in All states + DC (excluding Nevada)
T&Cs

Federally regulated. Live nationwide. Trading sports event contracts involves substantial risk of loss and is not appropriate for all investors. Past results are not necessarily indicative of future results. You should consider whether trading is appropriate for you in light of your financial circumstances. ProphetX is a CFTC-regulated designated contract market. Full risk disclosure available at prophetx.co/risk.

Date Verified November 11
Info Confirmed By Joshua Howe

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How the ProphetX Promo Code Offer Works on Cavaliers vs. Knicks

A code is required for this offer. New users who register with the ProphetX promo code COVERS can claim a $40 trading bonus after a qualifying deposit and trading volume. The offer is ongoing, and Cavaliers vs. Knicks at Madison Square Garden is the target for your first qualifying trade.

Here are the key terms and conditions:

  • Register with the correct code during sign-up to trigger the offer.
  • Make an initial deposit of at least $40.
  • Trade at least $40 in event contracts to unlock the $40 bonus.
  • The offer is available in all states and Washington, D.C., excluding Nevada.
  • You must be physically present in an eligible location.
  • Identity verification requires a government ID or passport, plus a selfie of you holding that ID.

The bonus does not depend on the outcome of your trade. Say you place a $40 trade on the Cavaliers to beat the Knicks. If Cleveland wins, you collect your payout and still receive the $40 bonus. If New York wins instead, your $40 bonus is still credited because the trading requirement was completed.

Once the bonus lands, you can keep trading on other sports and event contracts. Browse the best prediction market promos to see how this welcome offer stacks up.

Best ProphetX prediction market trading offers

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What Is the ProphetX Promo Code?

The ProphetX promo code is COVERS. Enter it at signup, deposit at least $50, and complete $40 in qualifying trades to receive a $40 trading bonus, regardless of whether those trades win or lose.

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

How to Claim the ProphetX Welcome Offer for Cavaliers vs. Knicks

Follow these steps to claim your bonus before tipoff:

  1. Click the link in this article and register on the ProphetX app or desktop site with the code COVERS.
  2. Enter your personal details and verify your identity with a government ID or passport and a selfie.
  3. Enter the one-time PIN ProphetX texts to your phone.
  4. Deposit at least $40 in the banking section.
  5. Find Cavaliers vs. Knicks and place trades totaling at least $40.
  6. Receive your $40 bonus once the trading requirement is met.

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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Christian Stringer - Covers
Prediction Markets Editor

As a seasoned editor at Covers, I have become a leading voice in North American prediction markets. Since joining in 2022, I have played a key role in managing, editing, and publishing commercial content that informs and engages bettors of all levels, with a particular focus on Kalshi, Polymarket, Novig, Stake, bet365, BetMGM, and Fanatics. Prior to Covers, I spent a decade as an award-winning account executive, collaborating with major brands like Rootz, 888, ComeOn!, EastLink, and GG Poker. My expertise extends to onboarding white labels, crafting online campaigns, and building partnerships with tech providers and affiliates. 

Having personally reviewed over 50 prediction markets, sportsbooks, and DFS sites, I bring a sharp, user-focused perspective to the trading landscape and am committed to delivering insightful, high-quality content. Outside of work, I serve as the VP of an amateur athletics club, championing community engagement through sport.

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