ProphetX Promo Code COVERS: Get a $20 Bonus for CFB Week 1 Prediction Markets in Texas, California & More

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Aug 31, 2026 , 01:40 PM ET • 4 min read

Get a $20 trading bonus with ProphetX promo code COVERS for College Football Week 1. Trade $10, get $20 today.

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.

College Football Week 1 is here, and it's the perfect time to start trading on ProphetX. New users can claim a $20 trading bonus with the ProphetX promo code on Aug. 31. You'll need to use code COVERS during registration to unlock this offer. The bonus requires a minimum $10 deposit and $10 in trades on College Football Week 1 games to qualify. Start your prediction market journey with one of the best prediction market apps available today.

 ProphetX Logo 

Get $20 With Code COVERS


ProphetX promo code details

ProphetX New Customer Offer     
Trade $10, Get $20
ProphetX Promo Code COVERS
Minimum Deposit $10
Qualifying Transaction $10
Eligibility New Customers, 18+ in All states + DC (excluding Nevada)
T&Cs

Restrictions and eligibility requirements apply. The offer is available to new users only, subject to the terms and conditions specified by ProphetX. 18+ only. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. ProphetX products are not available in all jurisdictions.

Date Verified Aug. 31
Info Confirmed By Christian Stringer

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How the ProphetX Promo Code Works for College Football Week 1

The ProphetX promo code offer is straightforward and designed to get you trading immediately on College Football Week 1. Register with code COVERS, deposit at least $10, and trade a minimum of $10 in event contracts tied to the week's games. Whether your trades on Clemson vs. LSU, Boise State vs. Oregon, or any other Week 1 matchup win or lose, you'll receive your $20 bonus once you complete the qualifying trades.

Here are the key terms and conditions:

  • Available in all states plus Washington D.C., excluding Nevada
  • You must be physically present in an eligible location
  • Registration requires a government ID or passport and a selfie holding that ID
  • Minimum deposit of $10 required
  • Minimum $10 in trades required to unlock the $20 bonus
  • Bonus is credited regardless of whether trades win or lose
  • Offer is ongoing with no expiration date

This promotion gives you the flexibility to explore ProphetX's markets across sports, politics, culture, and more while trading on College Football Week 1 games. Whether you're predicting outcomes on Saturday's marquee matchups or Sunday's neutral-site contests, your qualifying trades count toward unlocking the bonus. For more information on how this stacks up against other opportunities, check out our guide to best prediction market promos.


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 Your $20 ProphetX Trading Bonus

Claiming your bonus is simple and takes just a few minutes. Follow these steps to register and start trading on College Football Week 1:

  1. Visit ProphetX and click the Register button to create your account
  2. Enter your personal information, including full name, date of birth, mailing address, and Social Security number
  3. Provide a photo of your government ID or passport and 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 through your preferred payment method
  6. Navigate to ProphetX's markets and place trades totaling at least $10 on College Football Week 1 games
  7. Once your $10 in trades is complete, your $20 bonus will be credited to your account
  8. Use your bonus funds to continue trading and withdraw your winnings within five business days

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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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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