Underdog Promo Code COVERS: Play $5, Get a $50 Fantasy Bonus for Magic vs Cavs Tonight

Peter Clarke - Senior Editor at Covers.com
Peter Clarke • Senior Editor 16+ years betting experience
Updated: Mar 24, 2026 , 05:20 PM ET • 3 min read

Use Underdog promo code COVERS for $50 bonus entries on Magic vs Cavaliers. Claim your fantasy sports bonus today with just a $5 entry.

Use Underdog promo code COVERS to play $5, Get $50.
Photo By - Use Underdog promo code COVERS to play $5, Get $50.

The Underdog promo code COVERS offers new users $50 in bonus entries when they place their first $5 entry, making Tuesday's Magic vs Cavaliers matchup an ideal opportunity to get started. Cleveland enters this contest riding high after sweeping their three-game road trip, with James Harden and Donovan Mitchell leading the charge in clutch moments. The Cavaliers sit comfortably in fourth place in the Eastern Conference, while Orlando looks to snap a five-game losing streak that has put their playoff positioning in jeopardy. This welcome offer is available as of March 24 and provides an excellent way to explore one of the best prediction market apps in the industry.

Play $5, Get $50
Code: COVERS

Underdog Promo Code Details for Magic vs Cavaliers

The Underdog promo code COVERS delivers a straightforward welcome bonus that turns a small initial investment into substantial bonus value. New users must place a $5 entry to unlock $50 in fantasy bonus entries, creating a 10-to-1 return on their initial commitment. This promotion applies to daily fantasy contests, including player prop predictions for Tuesday's Magic vs Cavaliers game, where you could target players like Donovan Mitchell's scoring output or Paolo Banchero's rebounding performance.

The bonus entries carry a 1x wagering requirement that must be completed within 14 days of receipt, and the bonus funds expire after 60 days if unused. Users receive their bonus entries automatically within 72 hours of placing their qualifying entry. If you place a $5 entry on Magic vs Cavaliers player props and your picks hit, you keep your winnings plus gain access to the $50 bonus. Even if your initial entry doesn't succeed, you still receive the full bonus amount to use on future contests. Account verification is required before withdrawing any winnings or bonus cash.

This offer is not available in New Jersey, New York, Maryland, Ohio, Michigan, or Pennsylvania. Users must be at least 18 years old in most states, though some locations require participants to be 19 or 21. For those seeking additional options, comparing the best prediction market promos can help identify the most valuable welcome offers across different platforms.


Use the correct Underdog promo code for your state

Underdog 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 $50 Underdog Bonus

Claiming your Underdog welcome bonus requires just a few simple steps to get started with Tuesday's Magic vs Cavaliers action:

  1. Visit Underdog Fantasy and create a new account using promo code COVERS
  2. Complete the account verification process with the required personal information
  3. Make your first deposit of at least $5 to fund your account
  4. Place a $5 entry on any available contest, such as player props for the Magic vs. the Cavaliers game
  5. Receive your $50 in bonus entries automatically within 72 hours
  6. Use your bonus entries on future contests within 60 days of receipt

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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Peter Clarke - Covers
Senior Editor

Peter Clarke is dedicated to keeping bettors informed about the biggest sports betting events, such as the Super Bowl and March Madness, and the best way to cash in on sportsbook promos. He's also always on top of the latest welcome offers from the biggest sportsbooks, so he can share the best deals and the most exciting games to use them on every day.

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