ProphetX Promo Code COVERS: Trade $50, Get $75 in Bonuses for Iowa State vs. BYU Predictions

Christian Stringer - Prediction Markets Editor at Covers.com
Christian Stringer • Prediction Markets Editor 8+ years betting experience
Updated: Oct 9, 2026 , 07:25 PM ET • 4 min read

Use the ProphetX promo code COVERS to trade $50 and get a $75 trading bonus on Iowa State vs. BYU, a Big 12 matchup on Friday night.

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

New users can claim the ProphetX promo code offer today, Oct. 9, and the code COVERS is required at sign-up. Deposit at least $50, trade at least $50 on $75 in trading bonus funds, and use the Iowa State vs. BYU Big 12 game as your first trade.

ProphetX ranks among the best prediction market apps for new users.

 ProphetX Logo 

Earn $75 With Code COVERS


ProphetX promo code details

ProphetX New Customer Offer     
Trade $50, Earn $75
ProphetX Promo Code COVERS
Minimum Deposit $10
Qualifying Transaction $50
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 October 9
Info Confirmed By Christian Stringer

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How the ProphetX Promo Code Offer Works for Iowa State vs. BYU

The ProphetX promo code offer is built around a simple trade-$50, earn-$75 structure. A code is required, so be sure to enter COVERS during registration to unlock the bonus. The offer is ongoing, and Friday's Iowa State vs. BYU game is a natural first trade for new users.

Your first trade on this game counts as trade 1 toward the $50 requirement. Here are the key terms and conditions:

  • The offer is available in all states plus Washington, D.C., excluding Nevada.
  • You must be physically present in an eligible location.
  • You must register with the correct code to trigger the offer.
  • You must provide a government ID or passport, along with a selfie of you holding that ID.
  • Make an initial deposit of at least $50 and trade at least $50 in event contracts.
  • The $75 bonus is credited once you complete $50 in trades, regardless of whether those trades win or lose.

Here is how that works in practice. If you place $50 of trades on the Iowa State vs. BYU game and your contract wins, you collect your payout and still receive the $75 bonus. If your contract loses, the $75 bonus is still credited, because the reward does not depend on the outcome of your trade.

Once the conditions are met, you can use your bonus funds to keep trading across other sports markets. Compare this deal with the best prediction market promos to see how it stacks up.


What Is the ProphetX Promo Code?

The ProphetX promo code is COVERS. Enter it at signup, deposit at least $50, and complete $50 in qualifying trades to receive a $75 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 Offer and Trade on Iowa State vs. BYU

Follow these steps to claim your bonus and make your first trade on Friday's game.

  1. Download the ProphetX app or visit the desktop site and click Register.
  2. Enter the code COVERS and provide your personal details.
  3. Verify your identity with a government ID or passport and a selfie, then enter the one-time PIN sent by text.
  4. Deposit at least $50 in the banking section.
  5. Find the Iowa State vs. BYU market and place trades totaling at least $50.
  6. Receive your $75 bonus after completing $50 in trades.

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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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