Prophet Exchange Pros & Cons
- Peer to Peer Wagering
- Request & Set Odds
- Great Deposit Bonus
- Limited Sports Offered
- Not Many Payment Options
- Only in NJ
|Deposit Methods||Trustly, Bank Transfer|
|Withdrawal Methods||Trustly, Bank Transfer|
|Betting Functions||Sports Betting Exchange|
|Owner||Stake Trade Inc.|
Prophet Betting Exchange
Prophet Exchange is the first betting exchange to join the sports betting industry in the US, and has introduced a unique way to wager that betting enthusiasts and day traders alike will be able to enjoy.
Available on both iOS and Android, the Prophet Exchange betting site is the best way to create odds for sports betting exactly how you want them. Betting Exchanges operate (very simply) by allowing bettors to set or request their own odds instead of relying on sportsbooks. And other players will be able to wager the flip side, creating an exchange!
If you don't see any odds you like on an event, just put down your own odds, and other bettors will have the chance to wager against you, in a peer to peer betting environment.
Right now there is a limited number of sports available on the Prophet Exchange betting site (football, basketball, hockey MLB, soccer), but given the exchange just launched this will change quickly as bettors want to wager on different sports and markets.
Prophet Exchange Deposit Bonus
Prophet Exchange is getting you going on the betting exchange with up to $250 in bonus site credits, through a Risk Free Matched First Bet.
These bonus funds can be wagered on any event on the platform, with no minimum odds or restrictions, and only need to be played through 1x before winnings can be withdrawn.
There are no minimum wagering odds on the Prophet Exchange welcome offer
Don't worry about placing a bet on the exchange with bonus funds and not having it matched, if this happens the funds will be returned to your wallet where you can wager them again right away!
How to Claim the Prophet Exchange Deposit Bonus
- Register with Prophet Exchange
- Make your initial deposit
- Place a first bet up to $250
- Receive up to $250 in site credits if your bet loses
- Wager your funds on the Exchange!
If you wager your bonus funds or real money, and the bet is not matched, any unmatched funds will return to the respective wallet when the bet expires.
Prophet Exchange has also launched a referral program, letting you refer a friend to wager on the exchange. What's better is that your each enjoy a $50 bonus for the referral!
- Share your email as a referral code
- Have your friends register with the email code
- Have your friends deposit
- Claim the bonus site credits
You can earn up to $2,500 in site credits through referrals.
Prophet Exchange - is this new way to wager any good?
It's about time that a betting exchange made its way to the US market, and even though Prophet Exchange has a long way to go before it becomes a worthwhile platform, this is a refreshing change to the monotony of sports betting sites.
Prophet excels at being a unique offering, and was the first betting exchange in the US. But it falls way behind with the limited number of sports and markets offered. Of course this is to be expected so early on, but even though you may get a little boost on your profit with Prophet without the added vig on other sports betting sites, you can only wager on the basic markets. Once prop and more sports become common this will be a great way to create exactly what you want for a wager.
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