Underdog Promo Code COVERS: Play $5, Get $50 Bonus Entries for March Madness Round 1 on Thursday

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Mar 19, 2026 , 07:30 AM ET • 3 min read

Use Underdog promo code COVERS for $50 in bonus entries on March Madness Round 1 games. Claim your fantasy sports bonus today.

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

March Madness Round 1 games tip off Thursday with an action-packed slate featuring 16 exciting matchups throughout the day. New users can capitalize on the tournament excitement with the Underdog promo code COVERS to claim $50 in bonus entries for fantasy sports contests. Thursday's slate begins at 12:15 p.m. ET with TCU facing Ohio State and continues every hour until Idaho takes on Houston at 10:10 p.m. ET, making it perfect timing for fantasy sports enthusiasts to explore one of the best prediction market apps available.

This welcome offer remains active as of Thursday, March 19, giving new users an excellent opportunity to get started with Underdog Fantasy.

Play $5, Get $50
Code: COVERS

March Madness Underdog Promo Code Details

The Underdog promo code COVERS delivers $50 in fantasy bonus entries when new users make their first $5 entry into any contest. This welcome bonus applies perfectly to Thursday's March Madness action, which features compelling matchups like Duke versus Siena, Texas against BYU, and Arkansas facing Hawaii. New users must be at least 18 years old (19+ in Alabama and Nebraska, 21+ in Arizona, Massachusetts and Virginia) and located in an eligible state to qualify for this promotion.

The bonus entries arrive automatically within 72 hours of your qualifying entry and come with straightforward terms. You'll need to use the bonus within 60 days of receipt, and there's a 1x wagering requirement that must be completed within 14 days. For example, if you enter a March Madness contest featuring the Duke-Siena game and your picks perform well, any winnings can be withdrawn after account verification. If your initial picks don't hit, you still have $50 in bonus entries to use on upcoming tournament games.

This offer is not available in New Jersey, New York, Maryland, Ohio, Michigan and Pennsylvania. Account verification is required before withdrawing any winnings or bonus funds. For those interested in comparing options, check out the best prediction market promos available across different platforms.

Thursday, March 19 - Key March Madness Matchups

  • (9) TCU vs. (8) Ohio State - 12:15 PM ET (CBS)
  • (11) South Florida vs. (6) Louisville - 1:30 PM ET (TNT)
  • (16) Siena vs. (1) Duke - 2:50 PM ET (CBS)
  • (14) North Dakota State vs. (3) Michigan State - 4:05 PM ET (TNT)
  • (11) VCU vs. (6) North Carolina - 6:50 PM ET (TNT)
  • (16) Howard vs. (1) Michigan - 7:10 PM ET (CBS)
  • (9) Saint Louis vs. (8) Georgia - 9:45 PM ET (CBS)
  • (11) Kennesaw State vs. (3) Gonzaga - 10:00 PM ET (TBS)

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

Getting started with Underdog Fantasy for March Madness is straightforward with these simple steps:

  1. Visit Underdog Fantasy and create your new account
  2. Enter promo code COVERS during registration
  3. Make your first contest entry of at least $5 on any available game
  4. Receive $50 in bonus entries within 72 hours automatically
  5. Use your bonus entries on March Madness games or other available contests
  6. Complete account verification to withdraw any winnings

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 passionate about sports since he was a child, playing competitive hockey and staying closely tuned to professional leagues. Today, he brings that same energy to his work as a Content Editor, covering NHL games, player props, and betting trends with a sharp, analytical eye.

Since 2023, Luc has been writing picks and analysis for various publications, helping readers discover value in several major sports. While hockey is his specialty, he also closely follows tennis, keeping up with both the ATP and WTA Tours.

A graduate of Saint Mary’s University (BSc, Geography, 2025), Luc approaches sports betting the way he approaches maps and statistics by looking for patterns, trends, and angles that give him an edge. He focuses on research-backed and well-informed picks, spotting correlations, and finding the best opportunities in player props and game markets.

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