Prophet Exchange
Prophet Exchange, based in the United States, is the first sports betting exchange in the country, offering innovative features like setting prices for bets, a 'No Sweat First Bet' promotion, and secure deposit methods.
Series A Funding for Prophet Exchange
Prophet Exchange secured over $10 million in Series A funding. This substantial financial backing plays a crucial role in the company’s efforts to expand its offerings and enhance its platform. The funding signifies investor confidence in Prophet Exchange’s innovative sports betting model.
Sports Betting Exchange Platform
Prophet Exchange offers a sports betting exchange where users can set their own prices for others to bet on or place bets on existing prices. As the first sports betting exchange in the United States, the platform provides a unique alternative to traditional sportsbooks. Users can also request their own odds if they do not find the available ones satisfactory.
New User Promotions and Bonuses
One of the notable promotions Prophet Exchange offers is the 'No Sweat First Bet.' New users can receive up to $100 in site credit if their first bet does not win, making it an enticing offer for newcomers to the platform.
Secure Deposit Methods
Prophet Exchange provides safe, secure, and trusted deposit methods including Online Banking, Debit and Credit Cards, PayPal, Venmo, and Cash at Retail. These options ensure that users can easily and safely fund their accounts.
Prophet Exchange Betting API
Prophet Exchange operates a betting API that allows users to connect their own betting software to the platform. This feature caters to advanced users and developers who want to integrate or automate their betting processes on Prophet Exchange.
Regulation and Licensing
Prophet Exchange is licensed and regulated by New Jersey’s Division of Gaming Enforcement. This compliance ensures that the platform operates within the legal frameworks and adheres to stringent regulatory standards, offering a secure betting environment for users.
