NFL Preseason Week 2 is here, and it's the perfect time to start trading on prediction markets. With a ProphetX promo code, you can claim a $20 trading bonus when you sign up by Aug. 22. The COVERS code is required to unlock this offer, and you'll find plenty of action across the slate to put your bonus to work.
Whether you're exploring one of the best best prediction market apps or diving into your first trades, Preseason Week 2 gives you meaningful games to analyze and trade on throughout the weekend.
| ProphetX New User Offer | Trade $10, Get $20 |
| ProphetX Promo Code | COVERS |
| 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 22 |
How the ProphetX Promo Code Works for Preseason Week 2
The ProphetX promo code offer is straightforward: deposit at least $10, trade at least $10 in event contracts, and receive a $20 bonus. The bonus is credited once you complete $10 in trades, regardless of whether those trades win or lose. This means you could trade on Commanders-Lions or any other Preseason Week 2 matchup and still earn your full $20 bonus even if your prediction doesn't pan out.
To claim this offer, you must register with the code COVERS during sign-up. 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
- Government ID or passport required, along with a selfie holding that ID
- Minimum deposit of $10 required
- Minimum trade of $10 required to unlock the $20 bonus
- Bonus is credited regardless of trade outcome
- Offer is ongoing
Whether you're trading on the Commanders-Lions matchup or any other Preseason Week 2 game, your qualifying trades count toward the bonus. Once you've completed your $10 in trades, the $20 bonus is yours to use on additional prediction market contracts. For more options, check out the latest best prediction market promos available this week.
Get our Lions vs. Commanders picks
You can find the latest Lions vs. Commanders picks ahead of their August 22, 2026 preseason showdown.
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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
Getting started with your ProphetX account and claiming your $20 bonus takes just a few minutes. Follow these steps to sign up and begin trading on Preseason Week 2:
- Visit ProphetX and click the Register button to create your account
- Enter your personal information, including full name, date of birth, address, and Social Security number
- Verify your identity by uploading a government ID or passport photo and a selfie holding that ID
- Make sure to enter the promo code COVERS during registration to unlock the bonus
- Deposit at least $10 into your account using your preferred payment method
- Trade at least $10 in event contracts on Preseason Week 2 games or any other available markets
- Your $20 bonus will be credited once your trades are complete, regardless of the outcome
- Use your bonus funds to continue trading on prediction markets
- Withdraw your winnings by selecting Withdraw, choosing your preferred vendor, and entering your amount
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