ProphetX Promo Code COVERS Awards a $75 Bonus for a $50 Trade on Devils vs. Red Wings

Christian Stringer - Prediction Markets Editor at Covers.com
Christian Stringer • Prediction Markets Editor 8+ years betting experience
Updated: Oct 13, 2026 , 03:40 PM ET • 4 min read

Use the ProphetX promo code COVERS to trade $50 and earn a $75 bonus on Devils vs. Red Wings. Claim this ongoing new-user offer 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.

The ProphetX promo code unlocks a new-user offer for Devils vs Red Wings, and a code is required. Sign up with code COVERS, deposit $50, and trade $50 to earn a $75 trading bonus. This offer is available as of Oct. 13 and 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 13
Info Confirmed By Joshua Howe

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How the ProphetX Promo Code Offer Works

The ProphetX promo code requires you to register with code COVERS to trigger the welcome offer. After you make an initial deposit of at least $50, you must trade at least $50 in event contracts. Your first qualifying trade can be placed on the Devils vs. Red Wings game, which counts as trade 1 toward the $50 requirement.

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 Devils vs. Red Wings contract and it wins, you collect your trade payout and still receive the $75 bonus. If that contract loses, the loss applies only to the trade itself, and the $75 bonus is still credited because the $50 trading requirement was met.

Here are the key terms and conditions to keep in mind:

  • The offer is available in all states and Washington, D.C., excluding Nevada.
  • You must be physically present in an eligible location when you register and trade.
  • You must sign up with the ProphetX promo code COVERS to qualify.
  • You must verify your identity with a government ID or passport, plus a selfie of you 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 withdrawals are typically processed within five business days once all conditions are met.

Before you trade, you can compare the best prediction market promos to see how this welcome bonus 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 ProphetX Offer

Follow these steps to register and place your first qualifying trade on Devils vs Red Wings with code COVERS.

  1. Click the link in this article to open the ProphetX app or desktop site, then select Register.
  2. Enter your personal details and promo code COVERS when prompted.
  3. Verify your identity with a government ID or passport and a selfie holding that ID, then enter the one-time PIN sent by text.
  4. Go to the banking section and deposit at least $50.
  5. Find the Devils vs. Red Wings market and place at least $50 in trades.
  6. Receive your $75 bonus once the $50 trading requirement 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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