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Prophet Exchange: The Year-Long Benefits of Using an Exchange

Benefits of a betting exchange have been evident to UK and European users for years, and now the New Jersey sports betting market can look forward to the introduction of Prophet Exchange. Find out more on the benefits of a betting exchange below!
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Prophet Exchange: The Year-Long Benefits of Using an Exchange

Making more money from your sports betting wagers appeals to everyone, so whether you are a seasoned or casual bettor, the benefits of Prophet Exchange are going to be clear to all! Prophet Exchange will be the United States' first introduction to a betting exchange, and it is the New Jersey sports betting market that is going to reap these benefits!

To discover more on the Prophet Exchange and its benefits, read our guide with a real-life example below, to give a wider understanding of what to expect. Also in this guide is the Prophet Exchange promo code, which gives you the opportunity to match your initial deposit up to $200.

Read the below to find out more about Prophet Exchange!

Profiting More Year-Long With Profit Exchange

The difference between a traditional sportsbook and a betting exchange is that with the latter, you are betting among your peers. The perks of peer-to-peer betting are noticeable, as you do not have to pay the standard sportsbook Vig. This means you can secure boosted odds betting against others users, as there are no overheads like there are for a traditional sportsbook!

Let us take a regular MLB season as an example. If you are a New York Mets fan, you are going to be betting across a 162-game season at the start of a baseball year. So even with the smallest of increase in the odds offered, you can secure a substantial boost to your profits!

The New York Mets are 29-16 in terms of their win/loss total this season, and their record against the spread currently sits at 26-19. This means they are up +1140 this season. Tonight, the New York Mets are +1.5 on the spread, against the San Francisco Giants, and their odds are -190 to cover that number.

A $100 wager on the New York Mets tonight would see you get returns of $152.63 if they covered the spread. Were you able to secure odds of -170, which is completely feasible when betting against your peers, due to the removal of the Vig, you would secure a return of $158.82. While in isolation, an extra $6.19 might not seem a lot, this sort of difference certainly adds up across a season.

While you might not be betting on all 162 games this season, even over a 40-game span, an additional $6.19 at a time would see you banking an extra $247.60 in profit, just for betting with Prophet Exchange, over a sportsbook. Widen that to 80 games which is still less-than-half of the season, and you are securing a $495.20 profit versus what you'd achieve elsewhere.

Clearly then we can see the immediate benefits of betting on Prophet Exchange, and you should certainly be signing up, ready for launch!

If you are ready to increase your year-long profits with Prophet Exchange, then you should be taking advantage of this New Jersey sports betting exclusive, including their $200 deposit match offer below!

Prophet Exchange: Welcome Offer

Step One: CLICK HERE or hit the button below to register for the $200 deposit match

Step Two: Sign up for a Prophet Exchange account by completing the simple registration process

Step Three: Once the site goes live, you'll be notified and your first deposit will be matched up to $200!

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Tom Jacobs is the host of the Lost Fore Words golf podcast and has been writing betting articles on golf for the past decade. Tom also co-hosts the DP World Tour Picks & Bets show on the Mayo Media Network, so has his finger on the pulse on all the major Tours. A long-suffering Nottingham Forest fan, Tom also enjoys watching Soccer at the weekend, and was delighted to see his Forest team win promotion this season!

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