Prophet Exchange: How Betting Exchanges Work + $200 registration

Prophet Exchange: How Betting Exchanges Work + $200 registration

Prophet exchange is a new, soon to launch peer-to-peer betting exchange that allows users to get the best odds on any market. Users can request odds for their chosen betting markets, or simply take others up on odds they have requested - giving the power of betting back to the user and making them FAR more flexible and exciting than traditional sportsbooks.

Betting exchanges have become all the rage in Europe and the UK, and enables players to take full control over their wagers without having to hunt (or hope) for enhanced odds on their favorite bets.

Prophet Exchange: How do Betting Exchanges Work?

A betting exchange pretty much does what it says in it's title and acts as a platform to exchange bets on a peer-to-peer level without involving a traditional sportsbook operator, or bookmaker.

Users can control their own odds by posting (or requesting) odds through the betting exchange, and as long as someone else takes you up on the odds - the bet goes live!

Let's use the Super Bowl for an example. If you like the Bengals +5 at +100, (in hindsight a good bet) and you place your bet on Prophet Exchange for $100 - this bet will go on the exchange, and is now waiting for a secondary bettor to take you up on the wager. If another person really likes the Rams -5 at +100, they can bet against your wager and the bet officially becomes live.

Don't fancy setting your own odds? That's also fine. The betting exchange will be flooded with hundreds of people offering different lines and odds, so find a bet you like and bet on someone else's odds! While traditional sportsbooks will be offering a set return on bets in an attempt to make profit, there will be multiple different offers on the exchange, giving you access and options when placing your bets.

With Prophet Exchange you cut out the need for a traditional sportsbook and take back control of your bets.

Are Betting Exchanges Legal?

Yes - betting exchanges are 100% legal and Prophet Exchange is looking to launch in New Jersey very soon. Make sure to grab the Prophet Exchange welcome offer by following our steps below to get an instant $200 deposit match when you sign up, and the site goes live.

Prophet Exchange: How to Claim the Welcome Offer

Claiming the Prophet Exchange welcome offer is simple, just follow our steps below:

Step 1) Click the below button or CLICK HERE to activate the Prophet Exchange promo code

Step 2) Sign up for a Prophet Exchange account before the site goes live

Step 3) Get your first deposit matched 100% when the site goes live.