Underdog Promo Code COVERS: Get NEW $75 CFP Bonus for Oregon vs. Indiana Peach Bowl

Use Underdog promo code COVERS for $75 bonus on Oregon vs Indiana Peach Bowl. New users get bonus credit with $5 entry on Friday's CFP semifinal.

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor
Jan 9, 2026 • 19:06 ET • 3 min read
Photo By - Use Underdog Fantasy promo code "COVERS" to play $5, Get $75. - IMAGN IMAGES

The College Football Playoff semifinal between No. 1 Indiana and No. 5 Oregon at the Peach Bowl on Friday presents an incredible opportunity for new bettors to get started with daily fantasy sports. New users can claim a generous welcome bonus using the Underdog promo code COVERS to receive $75 in bonus credit after making just a $5 entry.

This rematch of Indiana's stunning 30-20 victory over Oregon in October promises to be one of the most compelling games of the season, making it the perfect time to explore sportsbook promos and get involved in the action on Friday, January 9.

Play $5, Get $75
Code: COVERS

Underdog promo code COVERS delivers $75 Oregon vs Indiana bonus

The Underdog promo code unlocks a substantial $75 bonus for new users who make their first $5 entry into any contest. This welcome offer is designed specifically for newcomers to Underdog Fantasy's daily fantasy sports platform, which has become increasingly popular for NFL and college football games, such as Friday's Peach Bowl showdown. When Indiana faces Oregon in this CFP semifinal rematch, new users can build fantasy lineups featuring stars like Heisman winner Fernando Mendoza or Oregon's Malik Benson while earning bonus credit.

The bonus structure is straightforward but comes with important terms and conditions. You must be at least 19 years old to participate, although Virginia residents must be 21 years old or older. The $75 bonus will appear in your account within 72 hours of making your qualifying entry. This bonus is subject to a 1x wagering requirement that must be fulfilled within 14 days. Additionally, you have 60 days to use the bonus before it expires. For the Oregon vs Indiana game specifically, you could create pick'em entries predicting whether Mendoza will exceed his passing touchdown projection or if Oregon's rushing attack will bounce back from their October struggles against the Hoosiers.

Note that this promotion is not available in Maryland, Michigan, Pennsylvania, and Ohio. Account verification is required before any withdrawals can be processed.


Use the correct Underdog promo code for your state

Underdog Fantasy Promo Code Eligible States
 COVERS AK, AL, AR, AZ, CA, CO, FL, GA, IL, IN, KS, KY, MA, MI, MN, MO, MS, NC, ND, NE, NH, NJ, NM, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WI, WV, WY

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How to claim your Underdog Fantasy promo for Peach Bowl action

Getting started with your Underdog Fantasy bonus for Friday's Oregon vs Indiana semifinal is a simple four-step process that takes just minutes to complete.

  1. First, download the Underdog Fantasy app and complete the registration form with your basic personal information and mobile number.
  2. You'll receive a text message with a one-time PIN to activate your account.
  3. Next, click on your account balance to access the deposit form, select your preferred payment method, deposit at least $5, and enter the promo code COVERS when prompted.
  4. Make your first contest entry of at least $5 by either drafting a fantasy team or playing pick'em games where you predict player performance relative to their projections.
  5. Finally, when you're ready to withdraw winnings, select the "Withdraw" tab in your profile, choose your payment method, enter the withdrawal amount, and submit your request.

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 has been keeping up with various realms of the sports world since a young age, playing an abundance of competitive sports as a child, and is still going strong as a hockey player to this day. Having been involved with sports media and the sports betting world for two years and graduating from university in 2025, he ultimately chose to pursue a career in sports media.Luc has over five years of experience in sports betting across a wide range of professional sports and has been providing valuable insights since debuting in the field as a sports betting expert with various publications in 2023. He has a wide base of sports knowledge, though his favorites are undoubtedly hockey and tennis – always staying up to date with the NHL and following the ATP and WTA tours.When betting, Luc always does his due diligence, analyzing trends and finding value by recognizing and linking valuable props to other probable outcomes.

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