Today, we will go over the Prophet Exchange platform and see what they have to offer customers. We expect them to come to New Jersey soon, so we are excited to find out what you can expect from them, including all the details around the Prophet Exchange referral code.
- 1 What Does the Prophet Exchange Referral Code Offer?
- 2 Everything to Know About Betting on Football at Prophet Exchange
- 3 Additional Rewards and Loyalty Program
- 4 Interesting FAQs About the Prophet Referral Code
- 4.1 Is Prophet Exchange Legit?
- 4.2 Is Betting Exchange Legal?
- 4.3 What will happen if the wager I request doesn't get matched?
- 4.4 Who do I bet against in a betting exchange?
- 4.5 Does Prophet Exchange limit accounts?
- 4.6 When exactly will Prophet Exchange launch?
- 4.7 Do betting exchanges offer better prices than sportsbooks?
- 4.8 Where in the USA would Prophet Exchange be available once it launches?
- 4.9 How Does Betting Exchange Work?
- 4.10 Which deposit methods will be available once Prophet launches?
- 4.11 Is the platform be available on mobile devices?
- 4.12 Will the platform be available in time for the 2021 NFL football season?
- 4.13 Can I sign-up for Prophet Exchange before the launch?
- 5 Why You Should Choose Football Whispers’ Prophet Exchange Referral Code?
- 6 Football Whispers Verdict: Safe and User-Friendly Platform
What Does the Prophet Exchange Referral Code Offer?
Prophet Exchange Welcome Offer
New bettors can take advantage of the Prophet Exchange Welcome Offer and receive a 100% deposit match of up to $200. You only need a $10 deposit to start, and you can claim your deposit match once you sign up.
This offer is a great way to start with Prophet Betting Exchange and gives you the chance to boost your bankroll and get started on the right foot. This offer allows you to maximize your winnings and get the most out of your betting experience.
Terms and Conditions for Welcome Offer
If you're looking to take advantage of the Prophet Exchange welcome offer, you should know a few things. First, your bonus cash must be utilized before your real money deposit. Second, your bonus should be available in your account within 72 hours of your deposit.
However, Prophet Exchange does note that they endeavor to deposit bonuses as soon as possible. Once you've received your bonus, it will be valid for 14 days. Before withdrawing your bonus funds, you must wager them only once.
To be eligible, you must be 21 or older and physically situated in New Jersey when claiming the bonus. So if you're ready to get started, be sure to familiarize yourself with the Prophet Exchange welcome offer terms and conditions.
Everything to Know About Betting on Football at Prophet Exchange
Since Prophet Exchange is aiming to launch in time for the start of the NFL season, we think that they are going to provide a high-quality experience when it comes to football betting. We even expect them to offer some promotions for existing customers in this category.
Peer-to-peer betting is unlike sportsbooks where you place a bet against the bookmaker. Here you either choose to bet against another customer’s wager at the odds they requested or you get to lay your own bet and play at the odds of your choice. You have to remember that unlike Sportsbooks where all bets placed are finished (except in some situations), at Prophet Exchange, it isn’t guaranteed that anyone will match the wager you put up. If that is the case, your money would be returned.
At Prophet Exchange, the odds are better than any Sportsbook and if you happen to come upon a 0% commission bonus, then you would be in luck. Also, the betting markets available are many and as long as there is someone out there to match your wager, it would be possible to bet on any market you can think of.
What Else Can We Bet on at Prophet Exchange?
When it comes to the exact sports and competitions you would be able to place bets on, we don’t have to know only Prophet Exchange’s rules, but also the state they are offering their services in. For example, the available and legal sports and markets in New Jersey might not be the same as the legal sports and betting markets in Indiana. Once the platform is released you will only see the legal betting options in each state and if you can’t place a bet type it might not be legal in the state.
We expect that all the popular sports and leagues would be available for wagering, like the NBA, NFL, MLS, MLB, NHL, UFC, etc. Other popular international sports might also be available, like Tennis, Golf, Winter Sports, Volleyball, and others. We also believe that you will be able to bet on most markets, including:
- Spread bets
Like we mentioned already if there is a person out there willing to match your bet at the price you set, then even some of the crazier betting markets and combinations would be available for you. That is why exchanges are more popular because in most cases Sportsbooks don’t allow every variation of a wager or a combination to be wagered on their platform and there is a pre-filtered list of which you can choose. For some customers that might be ideal, especially if they are new to sports betting, but for others, it might be too restricting.
Additional Rewards and Loyalty Program
As a VIP member of Prophet Exchange NJ, you will be entitled to several exclusive benefits and privileges. The primary advantage is that you will receive a lower commission on all matched bets.
In addition, you will also have access to a dedicated support team, who will be on hand to assist you with any queries or concerns you may have. Furthermore, as a VIP member, you will receive regular updates and information on special offers and promotions. In short, becoming a VIP member of Prophet Exchange NJ is the best way to ensure you get the most out of your betting experience.
Refer to a friend's offer
If you're a New Jersey resident, we encourage you to sign up for an account and take advantage of the Prophet Exchange referral code.
Signing up for a betting account with Prophet Exchange NJ is quick and easy. You can earn a $50 bonus just for referring your friends. Here's how it works:
First, sign up for an account and get your own Prophet Exchange referral code. Then, share your code with your friends. If they sign up and make their first deposit using your link or referral code, they'll both earn a $50 bonus. It's that simple!
Prophet Exchange Peer-to-Peer Betting
Prophet Exchange is a peer-to-peer betting exchange, meaning players can establish their own lines and odds or purchase other players' odds. This platform is a great option if you're looking for a more formal setting to facilitate bets between you and others. Prophet Exchange will keep the money and award it to the winner, charging a nominal fee for the trouble.
One advantage of using Prophet Exchange is that there is no built-in vig or “juice.” Point spreads are often marked at -110 odds rather than +100. So, if you make a $100 bet on a specific game, you will only have to spend $110 to achieve a $100 profit. You will receive your $100 plus the original $110 stake if the bet succeeds. However, if the bet fails, the $110 is forfeited to Prophet Exchange.
To start on Prophet Exchange, simply create an account and deposit some funds. Then, you can start browsing lines and placing bets. With the Prophet Exchange referral code, it's easy to get started on your next winning streak!
Interesting FAQs About the Prophet Referral Code
Is Prophet Exchange Legit?
Prophet Exchange is a gambling platform licensed by the New Jersey Division of Gaming Enforcement.
Is Betting Exchange Legal?
This type of gambling is legal in the United States, and many experts believe it will continue to grow in popularity.
What will happen if the wager I request doesn't get matched?
You will simply receive your stake back into your account and the wager would be voided.
Who do I bet against in a betting exchange?
Instead of wagering against the sportsbook, at exchanges, you wager against your peers. That is why it's called peer-to-peer betting.
Does Prophet Exchange limit accounts?
Everyone is welcome no matter how much they win or lose at Prophet Exchange and they don't limit accounts.
When exactly will Prophet Exchange launch?
We don’t know yet an exact date, but once they do we will inform you.
Do betting exchanges offer better prices than sportsbooks?
Yes, they do. You can even request your own prices to be matched by other punters.
Where in the USA would Prophet Exchange be available once it launches?
It would be available in Indiana and New Jersey thanks to their partnership with Caesar’s Entertainment.
How Does Betting Exchange Work?
A betting exchange allows users to bet against each other instead of against the bookmaker. This means there is no middleman, and users can set their own odds and lay bets. Betting exchanges usually charge a small commission on winning bets, which helps to create a market for the exchange.
Because there is no need to worry about bookmakers' margins, betting exchanges typically offer better odds than traditional bookmakers. This makes them a popular choice for serious bettors looking to maximize profits.
Which deposit methods will be available once Prophet launches?
You will be able to deposit via PayPal, Cash @ Counter, Debit, or ACH.
Is the platform be available on mobile devices?
Yes. You will be able to access it via the mobile website or the Prophet Exchange app.
Will the platform be available in time for the 2021 NFL football season?
The official statement released in July by Prophet Exchange said they would be available in time for the college and football NFL season kick-off in New Jersey and sometime in 2022 for customers from Indiana.
Can I sign-up for Prophet Exchange before the launch?
No, you can't. Right now, any new player that shows interest has a chance to increase the welcome offer amount by the time the platform launches. You will receive an e-mail once registration is available. A different launch that is expected in NJ soon is the New Jersey Lottery, if you are interested in online lotteries this may interest you.
Why You Should Choose Football Whispers’ Prophet Exchange Referral Code?
Football Whispers offers you the chance to get the best offer for the upcoming Prophet Exchange launch and there are a couple of reasons why you should use our Prophet promo code. The first one is that by using it, you will show your support for what we do here on this website and that you appreciate us.
Second, is the fact that you won't get a better deal anywhere else. We will offer you the highest possible bonus for Prophet Exchange. Third and last is the fact that if you sign up without using a promo code, you will miss out on the chance to get the enticing $125 deposit match bonus, which will be available to new customers via our Football Whispers Prophet promo code.
Prophet Promo Code Troubleshooting Instructions
The system will be still new while you are creating your account, so we don't exclude the option for errors. To ensure there aren't any mistakes on your part make sure you copy the Prophet Exchange referral code from our page via the keyboard command Ctrl+C and you paste it into the right field by using the command Ctrl+D. Also, make sure there aren't any spaces before or after the code once you paste it.
Sometimes you just have to ask for help when you need it and Prophet Exchange has made that easy. Once you visit their “Contact” page, you will be able to fill out a contact form and pass your questions or concerns to the Support team. They will answer you as fast as possible. For now, there isn't a live chat or a phone number to contact the team, but we believe that once they launch at least one of these options would be available.
Currently, the FAQ section of the Prophet Exchange platform is quite small, but we expect it to grow as the site and app launch. If they don't improve their Support services, they shouldn't expect many new clients in both New Jersey and Indiana.
Football Whispers Verdict: Safe and User-Friendly Platform
Prophet Exchange has the potential to become one of the most popular betting platforms in New Jersey and Indiana simply because they offer a new way of wagering which gives customers better odds to work with. Also, the way they are marketing their welcome offer is an innovative and fun approach to getting more people to sign up. Right now, the amount of the welcome bonus doesn’t seem that large, especially compared to the big names in the sportsbook industry. They have a long way to go, but even if their welcome bonus isn’t as large in the beginning if customers enjoy their platform it won’t matter.
If we had to rate their platform we would give it 4/5 stars right now because we don’t know what their platform would look like or if it would be user-friendly. From what we know, so far, they have the potential to become quite big in a state which already has the biggest online sportsbook markets in the country.
Not convinced? Try the Wynnbet promo code instead!