Underdog Promo Code COVERS: $50 New User Bonus for The Masters on Thursday, April 9

Luc LeBlanc - Betting Editor at Covers.com
Luc LeBlanc • Content Editor 3+ years betting experience
Updated: Apr 9, 2026 , 07:30 AM ET • 3 min read

Use Underdog promo code COVERS for $50 in bonus entries on The Masters. Claim your fantasy sports bonus for Augusta National action.

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

The 90th edition of The Masters begins Thursday, April 9, as the world's best golfers head to Augusta National for the season's first major championship. New users can capitalize on this premier golf event with an Underdog promo code that delivers $50 in bonus entries when you place your first $5 entry using code COVERS. Defending champion Rory McIlroy returns to Augusta National having finally completed his career Grand Slam, while Scottie Scheffler looks to add another green jacket after recently welcoming his second son. This welcome offer from one of the best prediction market apps provides an excellent opportunity to get involved in Masters fantasy action.

Play $5, Get $50
Code: COVERS

Underdog Promo Code Delivers $50 Masters Bonus

The Underdog promo code COVERS unlocks a generous welcome bonus that rewards new users with $50 in fantasy bonus entries after placing an initial $5 entry. This 10-to-1 bonus structure provides substantial value for Masters tournament action, where you can build fantasy lineups featuring McIlroy's title defense bid or Scheffler's quest for his third green jacket in five years. The bonus entries arrive in your account within 72 hours and carry a 1x wagering requirement that must be completed within 14 days of receipt.

Your $50 in bonus entries must be used within 60 days or they will expire, giving you plenty of time to utilize them across various golf tournaments beyond The Masters. For example, if you place a $5 entry on a Masters fantasy lineup and it finishes in the money, your winnings are immediately available for withdrawal after account verification. If your initial entry doesn't cash, you still receive the full $50 bonus to continue building lineups throughout the golf season. This offer is not available in New Jersey, New York, Maryland, Ohio, Michigan and Pennsylvania, and users must be 18 or older in most states. Compare this generous welcome bonus against other best prediction market promos to see how Underdog stacks up in the fantasy sports landscape.


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 Masters Fantasy Bonus

Claiming your Underdog welcome bonus for The Masters requires just a few simple steps. Follow this process to secure your $50 in bonus entries using promo code COVERS:

  1. Visit Underdog Fantasy and create your new account
  2. Enter promo code COVERS during registration
  3. Make your first deposit of at least $5
  4. Place your initial $5 entry on any available contest
  5. Receive $50 in bonus entries within 72 hours
  6. Complete account verification to withdraw any winnings

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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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