Underdog Promo Code COVERS: $50 New User Bonus for NCAA Tournament, NBA Games Today

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Mar 22, 2026 , 11:33 AM ET • 3 min read

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

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

March Madness Sunday brings elite college basketball matchups perfect for fantasy sports action, and the Underdog promo code COVERS delivers $50 in bonus entries for new users. With powerhouse programs like Purdue, Kentucky, Kansas and Tennessee battling for Sweet 16 spots on Sunday, March 22, fantasy players can capitalize on this premium welcome offer.

Underdog Fantasy stands among the best prediction market apps for college basketball action.

Play $5, Get $50
Code: COVERS

Underdog Promo Code Delivers $50 March Madness Bonus

The Underdog promo code COVERS transforms a modest $5 entry into $50 in fantasy bonus entries, creating substantial value for Sunday's March Madness slate. New users must place their initial $5 entry on any fantasy contest, triggering the automatic bonus credit within 72 hours. This welcome offer applies perfectly to Sunday's high-profile matchups, where star players like Purdue's Braden Smith and Kentucky's Otega Oweh provide excellent fantasy targets.

The bonus carries a 1x wagering requirement that must be completed within 14 days, while the $50 credit expires after 60 days if unused. Account verification is mandatory before withdrawing any winnings or bonus funds. Key terms include:

  • Minimum age requirements vary by state (18+ in most locations, 21+ in Arizona, Massachusetts and Virginia)
  • Offer unavailable in New Jersey, New York, Maryland, Ohio, Michigan and Pennsylvania
  • Bonus entries automatically credited within 72 hours of qualifying entry

For example, if you create a fantasy lineup featuring Miami's Malik Reneau and Iowa State's balanced scoring attack and your picks hit, you keep all winnings plus have $50 in bonus entries for future contests. Even if your initial selections fall short, the bonus entries provide additional opportunities across upcoming tournament games.

Compare this offer alongside other best prediction market promos to maximize your March Madness value.

Sunday, March 22 - Key Matchups

  • (7) Miami vs. (2) Purdue - 12:10 PM ET (CBS)
  • (7) Kentucky vs. (2) Iowa State - 2:45 PM ET (CBS)
  • (5) St. John's vs. (4) Kansas - 5:15 PM ET (CBS)
  • (6) Tennessee vs. (3) Virginia - 6:10 PM ET (TNT)
  • (9) Iowa vs. (1) Florida - 7:10 PM ET (TBS)
  • (9) Utah State vs. (1) Arizona - 7:50 PM ET (truTV)
  • (7) UCLA vs. (2) UConn - 8:45 PM ET (TNT)
  • (5) Texas Tech vs. (4) Alabama - 9:45 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 Underdog Fantasy Bonus

Claiming your Underdog Fantasy welcome bonus takes just minutes and positions you for Sunday's March Madness action. Follow these steps to secure your $50 in bonus entries:

  1. Visit Underdog Fantasy and create your new account
  2. Enter promo code COVERS during registration
  3. Complete account verification with required documentation
  4. Make your first $5 fantasy entry on any available contest
  5. Receive $50 in bonus entries automatically within 72 hours
  6. Use bonus credits on March Madness games or other available contests

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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