Prophet Exchange: Best Betting Odds in New Jersey Sports Betting Market

Prophet Exchange: Best Betting Odds in New Jersey Sports Betting Market

Prophet Exchange: What is a Betting Exchange?

UK and European bettors have had access to betting exchanges for a while now, and the New Jersey Sports Betting market has plenty to look forward to when it comes to this new entrant to the market!

The main difference between a sportsbook and a betting exchange is that the latter is a peer-to-peer system. What that means is, that as long as there is another individual willing to take the other side of the odds you are proposing your desired bet, you can get those odds. What this does is give you the freedom to boost your odds, and let someone else take the stance against you, allowing flexibility in the odds that a general sportsbook would not offer.

This ensures that you only bet at a number you are happy with, and if you do not get matched at the desired odds you are after, then you simply don't make the bet. Prophet Exchange lets New Jersey Sports Betting users dictate their odds and boost their experience when it comes to betting!

So New Jersey, if you are ready to take your betting to the next level with Prophet Exchange, take a look a the example below to confirm what it is the company offers, and then follow the details on how to register with Prophet Exchange.

Phophet Exchange: Best Odds Example

While the site is currently still in development, the best way to get an example of boosted odds is to look at a real-life example over in the UK market, with the Golf betting market a clear example of how a betting exchange works and why it is so beneficial to the user.

Let's say you are a New Jersey Sports Betting user, and you wanted to place a bet on the upcoming golf major, the US Open. You would take a look at the odds available with all the Sportsbooks, using the Oddschecker grid, and should the odds not yet appeal, you would go to Prophet Exchange and enter the desired odds you require.

So, for example, Justin Thomas is currently a best price of +1800 to win the 2022 US Open, but his general price sits at +1200 across the board. That +1200 may not appeal given Thomas' recent major record, but on the Betfair Betting Exchange, he is 20/1 which is a huge difference when it comes to betting on one of the favorites, and allows you to get yourself some value on a world-class talent. The disparity becomes even larger when it comes to longshots, and this is where you can really find some value, but these prices tend to be widely available closer to the time when the market is settled.

So New Jersey Sports Betting users, are you ready for the next step in betting? If so, follow our steps below and find out how you can take advantage of this new entrant to the New Jersey Sports Betting market!

Prophet Exchange: Signup Steps

1.  CLICK HERE or hit the button below to register for the $200 deposit match

2. Sign up for a Prophet Exchange account by completing the really simple registration process

3. As soon as the site goes live, you'll be notified and your first deposit will be matched up to $200!

This article is one of multiple betting exchange beginners guide articles that will be posted over the next couple of weeks. Check out our Terminology article to get the know-how on all your betting exchange need-to-know terms here. Interested in digging deeper into betting exchanges? Our deep-dive guide to betting exchanges can be found here and will provide you with everything you need to know about betting on a betting exchange.