
The Prophet X exchange offers an exciting new way to make sports predictions. Like a trading exchange, there are two sides to every play. Your wager must be matched to an opposing bet before it can go live.
While it is not the same as the traditional sports betting sites, Prophet X works well to come up with a chance to enjoy fully social play and sports predictions, which makes the experience totally worth it. In this guide, we’ll be discussing how the site works as a social sportsbook, where you can arbitrage and even hedge bets.
Prophet X allows you to make predictions on sporting outcomes, just as you would at a traditional sportsbook.
While Prophet X allows the same experience of making predictions on sporting events, there are a few shining differences to begin with. For starters, you can only bet against other people instead of the house. You can absolutely do this for free, and even redeem real prizes. We’ll explain why later on in this Prophet X review. But first, let’s examine what we mean by ProphetX exchange.
Prophet X is a social peer-to-peer sporting prediction exchange. All that means is that the platform doesn’t take the other side of your bet—other users do. This extra element of control leads to higher win potential. But what if you’re not satisfied with any of the listed prices? With the ProphetX peer-to-peer exchange, you can set your own. You just need someone else to take the opposite side of your wager.
Liquidity is fundamental to an exchange, so it’s important you understand the general concept. It refers to the amount of virtual currency in the market, specific to certain odds. In the app, it’s displayed in Prophet Points or Prophet Cash underneath the prices. Here’s an example, in simplified terms.
Let’s say you want to back Norris to win the 2025 Driver’s Championship at +400. The platform shows 100,000 Prophet Cash liquidity.
You can stake a maximum of 100,000 Prophet Cash for your bet to be instantly matched. This is because other users have bet against Norris to win, staking 400,000 collectively, which would cover your potential returns. This is known as a full match.
What if you’re a Norris superfan and you want to back him for 150,000 Prophet Cash? In that case, only the first 100,000 would be matched immediately. The remaining 50,000 would sit as an open order until someone takes the other side. This is a partial match.
Let’s go a step further: suppose you think Norris should be priced higher, at +500, but there’s no liquidity. You can post those odds yourself and see if someone else takes you up on the offer. Until they do, your stake would be an unmatched play.
Now, let’s get down to the nuts and bolts of the Prophet X platform. We’ll cover how to get started, what the different currencies mean, the commission situation, and—most importantly—how to redeem real cash prizes!
If you only plan to play on your desktop or laptop, then it’s fine to use the browser version. However, if you intend to play on your smartphone or tablet, we suggest downloading the free iOS or Android app. You can use one of the links on this page. The Prophet X app makes it easier to browse markets, place bets, and monitor your picks. Once you’ve downloaded the app, create an account on the Prophet X exchange by tapping “Register” and following the instructions.
You’ll need to verify your identity by uploading a government-issued photo ID, such as a driver’s license, student ID, or passport that shows you’re over 19. You’re also required to submit a valid proof of address and a U.S. phone number to show you live in one of the ProphetX legal states. You can play at Prophet X from 40+ U.S. states. Unfortunately, if you live in AZ, ID, LA, MI, MT, NJ, NV, OH, TN, or WA, you can’t join the exchange at this time.
The ProphetX sports exchange is a sweepstakes app, which means it uses two types of virtual currencies. These are Prophet Points and Prophet Cash. Here’s a summary of their differences.
| Feature | Prophet Points | Prophet Cash |
|---|---|---|
| Virtual currency equivalent | Gold Coins (play for fun) | Sweepstakes Coins (play to enter free sweepstakes contests) |
| Available to purchase | Yes | No |
| Minimum purchase amount | $10.00 | N/A |
| Can be redeemed for cash prizes | No | Yes |
| Custom emoji representation | 🚀 A rocket | 💵 A wad of cash |
| Mode theme colors | Yellow-on-navy | Teal-on-navy |
| Won via successful predictions | Yes, when PP is wagered | Yes, when PC is wagered |
| Commission applies | Yes | Yes |
Purchasing Prophet Points is easy. Just open your app, navigate to the store, and select your bundle. You should see the amount of Prophet Points, the price, and the free Prophet Cash that comes as a bonus. Choose your payment method, confirm, and your account balance will be updated straight away.
To redeem your Prophet Cash for real money prizes, first you’ll need to check your balance in your account section. This will show you how many redeemable PC you have (that meet the 1X playthrough requirement). Then you’ll be able to select the redemption amount and method. Your request should be processed within 24 hours, and may take up to 5 business days.
Since ProphetX exchange facilitates betting between users, you may be wondering where the profit comes from. One of the ways it does this is through commission. Prophet X has recently slashed its commission from 3% to 1% on all markets. This means there’s a 1% payout adjustment on your net winnings. It’s a player-friendly way of charging fees, since you only pay on your genuine gains, rather than gross amounts, so you keep more of your profits.
In accordance with U.S. sweepstakes law, Prophet X is free to play. Upon registration, new users will receive up to 200 Prophet Cash within the first 30 days. Therefore, you don’t need to buy anything to make picks, and it doesn’t matter whether you’re in Prophet Points or Prophet Cash mode. Legislation dictates that sweepstakes contests must offer an alternative method of entry (known as an AMOE). Since you enter sweepstakes by playing with Prophet Cash, you can get PC for free in various ways:
The refer-a-friend bonus is progressive, so well worth your time. Just make sure to share your link and remind your friends to enter your Prophet X referral code when prompted.
If you’re looking for a next-level sports betting experience, the ProphetX exchange delivers. The app itself is seamless in design. Like F1 cars and their drivers, it’s fast, modern, and user-friendly. But two key areas make it stand out from other sportsbooks.
Since traditional sportsbooks take the other side of your bet, it stands to reason that they’re not keen on you winning—at least not too often and not too big, anyway. This isn’t the case with Prophet X. It has no desire to impose limitations on successful players. Instead, skilled players are free to exercise their edge as much as they like without being penalized. That even includes arbitrage bettors! The only limits are defined by market liquidity, which is transparently displayed to all players to ensure fairness for all.
At a traditional sportsbook, you have to take the odds the house gives you. But at Prophet X, you can be the oddsmaker. That gives you a huge amount of control over your markets. Custom odds translate to better value and higher potential payouts. It also opens the door to more strategies, including arbitrage or hedging for potential profits.
You don’t need to be an expert to place a play on the ProphetX exchange. Here’s the process broken down, step by step.
Once your bet is open, you can view it any time from within the app. Just tap “Plays” in the navigation bar at the bottom of your screen.
Trading sports predictions with your peers is known as making a play on the ProphetX exchange. You can think of it like a trade, because your play is matched to an opposing wager from another platform user. In this sense, it functions like a traditional exchange, where both sides of an order must be filled. However, Prophet X offers some unique features that are revolutionizing the social and sweepstakes sportsbook experience. The most game-changing one is the ability to make your own markets, so you’re in complete control of your plays.
On top of that, there are no limits on top players, even if you’re on a mind-blowing win streak or making steady profits with arbitrage. Thanks to the peer-to-peer structure, market liquidity ensures you’ll be paid out, while Prophet X remains unfazed by your success—in fact, they celebrate it!
Ultimately, Prophet X is the place to be if you’re searching for better value, more control, and higher win potential. To make your first play, follow one of the links on this page to visit the official app.
To make a bet (called a ‘play’), ensure you’re in the correct mode by checking the Prophet Points/Prophet Cash toggle in the top right-hand corner. Then, select the betting market you want—or click the plus and minus icons to adjust the odds to your liking. Add your stake, and confirm your choice.
Yes, Prophet X is a legal and trustworthy site. It’s able to operate in 40+ states under sweepstakes and contest law, because it doesn’t offer real money gambling.
You can wager Prophet Cash to win more Prophet Cash, which can be redeemed for real cash prizes. But you can’t wager or win real cash directly. Don’t forget, eligibility criteria apply for prize redemptions.
Much like the Thrillzz referral code, Prophet X works with a unique code that you enter when signing up. This links new accounts to your profile, so the system knows to reward you with the bonus.
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