ProphetX Promo Code COVERS: Trade $50 on NFL Week 5 Prediction Markets, Get a $75 Trading Bonus

Christian Stringer - Prediction Markets Editor at Covers.com
Christian Stringer • Prediction Markets Editor 8+ years betting experience
Updated: Oct 6, 2026 , 09:50 PM ET • 4 min read

Use the ProphetX promo code COVERS to trade $50 and earn a $75 bonus on NFL Week 5, starting with Tampa Bay at Dallas on Thursday night.

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.

The ProphetX promo code is required for new users, and the code is COVERS. As of Tuesday, Oct. 6, new users can trade $50 and earn $75 by signing up at one of the best prediction market apps. Your first qualifying trade can be placed on Tampa Bay at Dallas on Thursday night in NFL Week 5.

 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 6
Info Confirmed By Christian Stringer

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How the ProphetX Promo Code Works for NFL Week 5

The ProphetX promo code is mandatory to trigger this welcome offer, and new users must enter COVERS during registration. After signing up, you make an initial deposit of at least $50, then trade at least $50 in event contracts. Tampa Bay at Dallas on Thursday, Oct. 8, at 8:15 p.m. ET is the target game for your first qualifying trade.

The $75 bonus is credited once you complete $50 in trades, regardless of whether those trades win or lose. For example, if you trade $50 on a Tampa Bay at Dallas contract and it settles in your favor, you collect your trade payout and still receive the $75 bonus. If that same contract settles against you, the $75 bonus is still credited because the reward depends on trading volume and not on the outcome.

Review the key terms before you sign up:

  • The offer is available in all states and Washington, D.C., excluding Nevada.
  • You must be physically located in an eligible state when you trade.
  • You must register with the ProphetX bonus code to trigger the offer.
  • You must verify your identity with a government ID or passport and a selfie holding that ID.
  • A minimum initial deposit of $50 is required.
  • You must trade at least $50 in event contracts to unlock the $75 bonus.
  • The offer is ongoing and does not carry a set expiration date.

Once the conditions are met, withdrawal requests are typically processed within five business days. If you want to see how this offer stacks up, check out the best prediction market promos available right now.


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 ProphetX Welcome Offer

Follow these steps to register and complete your first qualifying trade on Tampa Bay at Dallas.

  1. Click the link in this article to open the ProphetX app or desktop site and select Register.
  2. Enter your personal details and the code COVERS during registration.
  3. Verify your identity with a government ID or passport and a selfie holding the ID.
  4. Enter the one-time PIN ProphetX texts to your phone to activate your account.
  5. Deposit at least $50 through the banking section.
  6. Trade at least $50 on the Tampa Bay at Dallas market for Thursday, Oct. 8, at 8:15 p.m. ET.
  7. Receive your $75 bonus once your $50 in trades is complete.

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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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