ProphetX Promo Code COVERS: Get $20 Bonus for NFL Preseason Predictions

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Aug 28, 2026 , 12:50 PM ET • 4 min read

Get a $20 trading bonus with ProphetX promo code COVERS on Aug. 28. Trade $10 during NFL Preseason Week 3 to claim your welcome offer.

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

NFL Preseason Week 3 kicks off Friday with a packed slate of games, and it's the perfect time to start trading on ProphetX. Use the ProphetX promo code COVERS to unlock a $20 trading bonus when you sign up by Aug. 28. The code is required to claim this offer. You'll need to make an initial deposit of at least $10 and complete $10 in trades on preseason matchups to receive your bonus, regardless of whether those trades win or lose.

ProphetX is one of the best prediction market apps for trading real-world events.

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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 August 28
Info Confirmed By Christian Stringer

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How the ProphetX Promo Code Works for Preseason Week 3

The ProphetX promo code offer is straightforward and designed to get you trading immediately on NFL Preseason Week 3 games. Register with code COVERS to qualify. You must provide a government ID or passport along with a selfie for verification, then deposit at least $10 to your account. Once funded, you can start trading on any of the preseason matchups happening Friday or Saturday.

Here's what happens next: Trade at least $10 in event contracts on preseason games, and your $20 bonus is credited automatically once you hit that threshold. The bonus applies regardless of whether your trades gain or lose value. For example, if you trade $10 on the Commanders-Ravens game Friday and it moves against you, you still unlock the full $20 bonus. Conversely, if your trade gains $5, the bonus is still $20. The offer is available in all states plus Washington, D.C., excluding Nevada, and you must be physically present in an eligible location to claim it.

  • Code required: COVERS
  • Minimum deposit: $10
  • Minimum trade: $10 on preseason contracts
  • Bonus amount: $20 credited after qualifying trade
  • Eligible states: All states plus D.C., excluding Nevada
  • Offer status: Ongoing

Once you complete your qualifying trades on preseason games, use your bonus funds to continue trading across ProphetX's full range of prediction markets. When you're ready to cash out, withdrawals are processed within five business days. Explore the best prediction market promos to see how this offer stacks up against other platforms.


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 ProphetX Welcome Offer

Getting started with ProphetX and claiming your $20 bonus is simple. Follow these steps to register, deposit, and start trading on NFL Preseason Week 3:

  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. Verify your identity by uploading a photo of your government ID or passport and a selfie holding that ID.
  4. Enter the promo code COVERS during registration to unlock the bonus eligibility.
  5. Navigate to the banking section and make a minimum deposit of $10 using your preferred payment method.
  6. Browse ProphetX's preseason markets and place your first $10 trade on any NFL Preseason Week 3 game.
  7. Once your trade is confirmed, your $20 bonus will be credited to your account automatically.
  8. Use your bonus funds to continue trading on preseason matchups or other ProphetX 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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