ProphetX Sports Exchange Betting Platform 2024
This summer, US bettors are getting a new betting exchange to wager on sports. The Prophet Exchange has announced its rebranding into ProphetX, which will allow it to enter the US market, bring along a multitude of innovations, and possibly redefine the entire gambling experience for some.
The ProphetX Sports Exchange is due to hit us this summer, so here is what we know about it thus far.
- Sports Betting Exchange: Explained?
- What are the Available States for ProphetX?
- Top ProphetX Features
- Is there a ProphetX App?
- Website Platform Experience
- Customer Service and Support
- Conclusion
- FAQ
Sports Betting Exchange: Explained?
The news hit us fast and it hit us hard. The Prophet Exchange was a peer-to-peer platform that offered an innovative approach to sports betting. It allowed users to bet against each other rather than the house. Other users are allowed to create their own betting offers, while their peers can then bet on them.
It resulted in higher returns as the house does not set the odds in this case. The users are the ones that determine the odds, and if you like it, you are free to determine if you want to bet on it or not.
The ProphetX Sports Exchange rebranding will follow the same concept, except this one has been made with an attempt to bring it to US users. However, they are being a bit more innovative than others, as they will not only transfer the existing model but make it better at the same time.
They promise to bring a much more dynamic approach and a competitive environment to the average American bettor. This allows them to compete against other players in a manner not seen before.
What are the Available States for ProphetX?
The brand promised that upon release the ProphetX sports betting will be available in 41 states across the US. This is fantastic news as it seems that they will hit all of the markets at once as soon as they go live.
Top ProphetX Features
The release of ProphetX betting also promises to bring a ton of new features along with it. The peer-to-peer betting model is going to be new for most of the users. But as things stand there might be more coming.
Sweepstakes Model
The Sweepstakes Model is something that is hitting US bettors fast. The sweepstakes model is not really used in sports betting, but with the introduction of ProphetX, it might be added soon. We are going to have to wait and see if they decide to go with it or add it a bit further down the road. If you are looking for more of a DFS with an exciting twist, ProphetX is not for you, but we can recommend the Underdog Fantasy App for their Best Ball, daily snake drafts, DFS Pick’em, and a new peer-to-peer format.
Is there a ProphetX App?
The ProphetX app is already available on both the App Store and the Play Store. However, you will be able to officially use them once the brand goes live. We assume that the ProphetX download will also be available through the main site. But for now, we can tell you that the app looks nice and that it will definitely be one of the go-to betting methods for most customers.
Website Platform Experience
Before arriving in the US, we can see that the ProhpetX main site already works really well. It is easy to browse and very understandable. There will definitely be a learning curve when it comes to ProphetX Sports Exchange. However, we think that the users will adapt to the platform quickly.
Customer Service and Support
ProphetX support will certainly be available. The brand will not let its newest users hang. So expect to get a few contact methods, email, phone call, or messaging. Live Chat will be your most secure and reliable one.
Conclusion
The people who are fed up with the traditional way of betting online will definitely appreciate the approach that the ProphetX Sports Exchange is able to bring. It might be strange to some, but we think that the word will get out fast and that it will gain many supporters really fast. An excellent idea and a refreshing online betting option for a lot of customers.
FAQ
Some added FAQs for you.
Once live, you will be able to use it in 41 states across the US.
Yes, it is. It has existed for a long time, and with the rebranding, it will be available in the US soon.
New Jersey will be one of the states where the Exchange will be released.
They host a peer-to-peer business model where the house does not set the offers and the odds but allows users to do so instead. Other customers can then bet on those opportunities and try to win that way.