Prophet Exchange Sportsbook Review + Guide + $250 Bonus

Prophet Exchange Is Shaking Up Sports Betting

Screen Shot 2022 10 13 at 7.02.03 PMProphet Exchange is offering a unique spin on classic sports betting sites. Rather than operating like a standard mobile sportsbook, Prophet Exchange describes itself as a peer-to-peer wagering platform. The platform allows you to engage in betting exchanges for moneyine bets, in which you can set your own numbers before placing a wager. For example, users can place a wager on the Buffalo Bills at -115, and if somebody takes the Philadelphia Eagles at +115, the wager is placed. This differs from a standard online sportsbook that sets its own lines and might have the Bills listed at -150 instead. Unlike online sports betting apps though, Prophet Exchange takes a 2% commission on bets that hit. Read on to learn everything you need to know about Prophet Exchange,

Prophet Exchange Promo Code

If you’re completely new to Prophet Exchange, you can take advantage of an excellent new users bonus. When you enter the Prophet Exchange Promo Code while registering, you get a 50% deposit match bonus capped off at $250. Basically, if you deposit $500 after entering the Promo Code, you’ll have the $250 in betting credits added to your account.


Prophet Exchange Mobile App Review

If you want to place wagers with Prophet Exchange on the go, you can download the mobile app for iOS and Android devices. The app is well-designed, meaning you’ll be able to navigate through different games with ease even if you have no experience using online sports betting sites. The interface of the mobile app is similar to that of the Prophet Exchange desktop site, so you’ll have no issue going from one platform to the other.

Prophet Exchange Mobile App

Top 3 Reasons To Use Prophet Exchange

Prophet Exchange is definitely a unique betting platform. Here are three reasons why the online wagering app differs from the competition.


Set Your Own Moneyline Odds

Because you can set your own numbers with Prophet Exchange, you can essentially set whatever number you’d like for a moneyline bet. That means if you see more value in a shorter number for a team and somebody takes the other side of the wager, you can have a better potential payout than other online betting sites.

Screen Shot 2022 10 13 at 7.04.17 PM


Great Welcome Bonus

When you sign up with the Prophet Exchange Promo Code, you get an excellent welcome bonus to start out with. If you input the Prophet Exchange Promo code while signing up, you get a 50% deposit match bonus up to $250. This bonus money can be used on other wagers with the platform.



Even Money On Total and Spread Bets

When you place a wager on a spread or total, you’ll get +100 odds with Prophet Exchange. That means you’ll get your initial stake back if you win, outside of the 2% commission from Prophet Exchange. This is very different from most online sportsbooks, which will typically have -110 odds on set lines for spreads and totals.

Screen Shot 2022 10 13 at 7.06.24 PM

Prophet Exchange Customer Service

If you run into any issues while using Prophet Exchange, you can easily contact the customer support team. Customer support is availabl on the Prophet Exchange website if you simply enter your information and leave a comment. You can also send an email to the customer service team at [email protected]

Prophet Exchange FAQs

Is Prophet Exchange legal?

Yes! Prophet Exchange is totally legal to use in areas in which the platform has launched. Like other online sports betting sites on the market, you’ll need to confirm your location on your mobile device or desktop computer before you start betting on games.

Is there a Prophet Exchange welcome offer? is currently offering an exclusive Prophet Exchange Promo Code. When you sign up using the Prophet Exchange Promo Code, you get a 50% deposit match bonus capped off at $250 in free betting credits that you can use on different wagers.

Where is Prophet Exchange available?

Currently, Prophet Exchange is only available in the state of New Jersey. However, don’t be surprised if the platform begins expanding into other states with legal sports betting soon, such as New York, Arizona, Colorado, Louisiana, and Michigan, as well as Ontario in the Canadian market.

What sports are available with Prophet Exchange?

With Prophet Exchange, you can wager on all the top sports leagues. This includes the NFL, NHL, NBA, MLB, and college football. The betting app will likely ass more sports leagues in the future, such as the PGA, WNBA, and UFC.

How is Prophet Exchange different from other mobile sportsbooks?

Unlike other mobile sportsbooks available, Prophet Exchange allows you to pick your odds when you place a moneyline wager. Additionally, you’ll get +100 odds whenever you place a point spread wager with Prophet Exchange. The platform takes a 2% commission on all winning wagers.

Does Prophet Exchange offer a mobile app?

You can use Prophet Exchange on the go when you utilize the platform’s mobile app. The Prophet Exchange app is designed with experienced bettors and newcomers alike. You can download the mobile betting app for iOS devices and Android devices.

What other online sportsbooks does Prophet Exchange compete with?

With the sports betting industry growing significantly over the years, there are plenty of different online sportsbooks on the market. Prophet Exchange competes with sports betting operators such as DraftKings Sportsbook, FanDuel Sportsbook, Caesars Sportsbook, BetRivers Sportsbook, and BetMGM Sportsbook.

What deposit methods are available with Prophet Exchange?

There are a few different deposit methods available when you sign up for Prophet Exchange. You can make your deposit through a wire transfer, an online bank transfer via Trustly, or even deposit cash at the counter of designated casinos.

Does Prophet Exchange offer customer service?

If you have any issues playing with Prophet Exchange, you can contact the customer support team through email. This can be done either on the Prophet Exchange website or by sending an email to [email protected] and waiting for a response.

Is Prophet Exchange legit?

Yes! Like all the different betting sites highlighted on this website, Prophet Exchange is completely safe and secure to register for and make deposits. This means that you should have no concerns about your personal or payment information when using the platform.

Prophet Exchange


If you’re looking for something different than your regular mobile sportsbook has to offer, you’ll want to check out Prophet Exchnage. The platform lets you essentiually set your own odds, which means you’ll find plenty more value on your wagers. Plus, all total and pont spread bets are available with +100 odds. The platform has excellent customer service as well as an excellently-designed mobile app. Although you have to pay a commission for winning bets with Prophet Exchange, it’s worth it for the potential betting value with the platform.

Well Done

  • Great welcome bonus
  • Well-designed mobile app
  • Set your own moneyline odds
  • +100 odds on point spreads and totals

Needs Help

  • Platform takes 2% commission on wins
  • Only a few sports leagues available
  • Currently only live in New Jersey
Anthony Elio is a CU Boulder graduate with a degree in creative writing and advertising. He is the lead Industry Betting Writer at, where he has spent over a year covering industry news in sports betting, casino, and poker.

Hot Sports Betting Stories