Prophet Exchange Promo Codes

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Both online sportsbooks and daily fantasy sports platforms offer new customers significant welcome bonuses in an attempt to attract new business due to the vast competition in their respectable spaces.

You will find that Peer-to-Peer betting exchanges similar to Prophet Exchange are no different.

While Prophet Exchange has yet to officially launch, they do have a welcome bonus in place for when they do.

Upon their launch, new Prophet Exchange users will get a 50% deposit match up to $250.

Currently, this offer is for New Jersey users, which is where Prophet Exchange is set to launch in the coming months.

However, if you are not located in New Jersey, don’t fret. Prophet Exchange could be coming to your state in the near future as well.

Following their New Jersey launch, expect prophet Exchange to go live in Indiana shortly thereafter.

Prophet Exchange Promo Code

New Prophet Exchange users will be entitled to a terrific welcome offer. This offer will come in the form of a 50% deposit bonus of up to $250.

There are two ways to secure this welcome offer. First, you can use the promo code BESTODDS when you sign up.

This code will directly activate the welcome bonus. Then, you must follow the steps, which I will review later in this guide, to fully secure it and get the funds in your account.

The other way to activate the 50% deposit bonus up to $250 is by clicking on the “Bet Now” button on this page.

Once you click on it, you will be redirected to the Prophet Exchange website to begin the signup process.

If you go this route, the welcome bonus will automatically be waiting for you once you click the button.

Terms and Conditions:

  • Limit one per customer
  • Must be physically located in New Jersey to qualify
  • 1x wagering requirement which must be completed in 30 days
  • The promotion will expire on December 31, 2022
  • Must be 21 years old
  • You will get your bonus within 72 hours

You will find all types of bonuses at various mobile sports betting sites and DFS platforms alike.

So you are not taken back by a term you may not know, there is a review of some of the most common bonus terms as well as their explanations below.

  • Total Bonus Available: This is the maximum amount of a bonus that you can accumulate.
  • No Deposit Bonus: A no-deposit bonus will not require a user to make a deposit to their account to receive a bonus. To qualify for your bonus, all you have to do is sign up. These bonuses can come in the form of bonus funds, free contest entries at DFS sites, or free bets at sportsbooks.
  • Free Bet Offer: At a sportsbook, you will be awarded free bet offers. These offers may require you to make a deposit to get your free bets. You may also have to place a wager on a current market to get your free bets. These are called bet-and-gets. With free bets, the free bet stake is never included in your winnings. They will also expire if you don’t use them. At DFS sites, your free bet offers will come in the form of free contest entries.
  • Risk-Free Bets: You will find risk-free bets at mobile sportsbooks. A risk-free bet is a wager type that will cover your stake in free bets or bonus funds if your initial bet loses.
  • Bonus Code: A bonus code is the same as a promo code. Just enter it and redeem your offer. Here at BestOdds.com, the promo code is BESTODDS.

Do Prophet Exchange’s Promo Codes Expire?

The Prophet Exchange’s 50% deposit match of up to $250 welcome offer will expire on December 31, 2022.

However, the promotional period will end 14 days after site credits hit your account, per the Prophet Exchange’sTerms and Conditions.

All bonus funds have a 1x wagering requirement. You will have 30 days to complete this requirement.

Prophet Exchange No Deposit Promo Code

As of the time of writing, Prophet Exchange is not offering a no-deposit promo code bonus.

Prophet Exchange Deposit Match Bonus

Prophet Exchange is currently offering new users a 50% deposit bonus of up to $50.

Simply register with the promo code BESTODDS, or click on the “BetNow” button on this page to activate this offer.

After you make your initial deposit, you will get your bonus within 72 hours. However, normally, you will be awarded your bonus immediately.

This welcome offer is limited to one per new customer. New users must also be physically located in the state of New Jersey and at least 21 years of age.

Upon receiving your bonus, you will have a 1x playthrough requirement which must be completed within 30 days.

This promotion will expire on December 31, 2022.

Prophet Exchange Free Bet

Currently, Prophet Exchange is not offering a free bet.

Prophet Exchange Risk-Free Bet

At this time, Prophet Exchange is not offering a risk-free bet.

How To Redeem A Prophet Exchange Promo Code

You can redeem your Prophet Exchange promo code welcome bonus quite easily.

The steps to do so will be listed below:

  • First, you must visit the Prophet Exchange website. You can also claim your bonus through the Prophet Exchange app. However, the app will not be available until the Prophet Exchange is live and operational. So keep that in mind. Prophet Exchange app will be available in both the Apple and Android app stores.
  • The next thing you need to do is register and understand the KYC process for a new account. During the sign-up process, you will be asked for all of your basic information so that Prophet Exchange can verify your identity and your location. You will be prompted to enter a promo code, this is where you will enter the code BESTODDS.
  • Now, you will make your initial deposit.
  • Once your first-time deposit hits your account, the bonus will be secured. You will receive the bonus within 72 hours, but it usually happens immediately.

Check Bonus Funds On Prophet Exchange’s App

It is easy to check bonus funds on Prophet Exchange. All you have to do is click on your account wallet.

There you will find your real money balance and your bonus balance. You could do this on the Prophet Exchange website and the app once it goes live.

How Long Do Bonus Funds Take To Arrive?

At Prophet Exchange, bonus funds may take up to 72 hours to reach your account.

However, under normal circumstances, you will receive your bonus funds immediately after your deposit hits your account.

Playthrough & Wagering Requirements

At most online betting apps, you will run into high playthrough requirements. However, that is far from the case at Prophet Exchange.

Prophet Exchange only has a 1x wagering requirement. Once you play through your winnings once, you can cash them out.

Sports Specific Bonuses & Promotions

Since Prophet Exchange has yet to launch, recurring sports-specific bonuses and promotions for existing users remain a mystery.

However, rest assured that if the Prophet Exchange wants to remain competitive within the mobile sports betting space, then they will surely deploy lucrative bonuses and promos for their customers.

If you are unfamiliar with sports-specific bonuses and promos, these are promotions beyond the welcome offer.

While a welcome offer is intact to attract new business, recurring offers are there to retain the existing customers.

You will find these recurring bonuses for existing users broken down by sport.

Usually, the top professional leagues will have their own promos for a marquee market or matchup.

For example, leading up to and through the NFL season, you may find free bets, boosted odds, bet-and-gets, and deposit bonuses to re-up your account.

You will also find these for the NBA, the NHL, and the MLB.

So don’t miss out on any offer, which will correlate to leaving money on the table.

Something you never want to do if you want to be a profitable sports bettor long-term.

To stay on top of the action, be sure to regularly check the Prophet Exchange’s promotions page.

Promos Outside The Regular Signups

As you already know, Prophet Exchange has yet to launch. Therefore, we have no idea what they are offering outside of the welcome bonus.

However, we do know that they have a terrific referral program called refer-a-friend. Check out the details below:

Refer A Friend

When you refer a friend to Prophet Exchange using your referral code, which is similar to a promo code, you will get $50 in bonus funds.

To get these funds, the person you referred must meet a few requirements, which will be detailed below:

  • The promotional period for the referral program will end on December 31, 2022
  • Referrals must be 21 years of age and physically located in the state of New jersey
  • Your referral must meet the deposit requirement within 14 days
  • The deposit requirement is $10
  • Once the minimum deposit requirement of $50 is met, both the referral and the referee will receive a $50 referral bonus, which will come in the form of non-withdrawable bonus funds
  • Bonus funds have a 1x wagering requirement and must be played through within 30 days
  • You will get your bonus within 72 hours
  • You can get a maximum of $2,500 bonus funds from this program

Weekly Challenge

Weekly challenges are normally free contest pools for sportsbook users.

While you cannot win real money on weekly challenges, you can win bonus funds. Weekly challenges are normally surrounding a particular sport or an event.

A weekly NFL Pick’em game, or a March Madness bracket pool are examples of weekly challenges.

State Specific Bonuses

Currently, Prophet Exchange is set to launch in New Jersey first.

Then, it is tentatively scheduled to go live in Indiana shortly thereafter, with additional states to follow.

So while there are no current, state-specific promos or bonuses, be sure to keep your eyes peeled for them once Prophet Exchange is up and running.