TERMS & CONDITIONS
1. Description of Promotion
New customers are eligible for the No Commission Bonus (defined below) when new customers use
promo code “DARKHORSE” (“Promo Code”) at initial registration on Prophet Exchange and make their
first deposit of $5,000.00 (five thousand dollars) or more (“Qualifying Deposit”) during October 27, 2022 to November 5, 2022. New customers have from October 27, 2022 at 12:01 ET to 11:59 ET on November 5, 2022 to make the Qualifying Deposit following registration with the Promo Code. New customers that have entered the Promo Code and made the Qualifying Deposit will be credited back Commission (defined below) during the Promotional Period (defined below) as cash at the conclusion of the Promotional Period, at the sole discretion of Prophet Exchange. Eligible User Commission will be
credited back for events occurring between October 27, 2022 to November 30, 2022 on all matched bets
that result in a win (“Bonus”). Stake Trade, Inc. d/b/a Prophet Exchange (“Prophet Exchange” or
“Sponsor”) is the Sponsor of this promotion, located at 720 Monroe St, Hoboken NJ, 07030.
2. Promotion Period
The Promotion will begin October 27, 2022 at 12:01 ET and will end 11:59 ET on November 30, 2022 (the “Promotion Period”).
The Promotion is only open to individuals who (1) are at least twenty-one (21) years of age. Employees,
officers and directors of the Sponsor, their parent companies, and each of their respective affiliates,
subsidiaries, cable/satellite affiliates, advertising and promotion agencies, retailers, distributors, and each
of such employees’, officers’ and directors’ immediate family members and/or those living in the same
household (whether legally related or not) of each are not eligible to participate in the Promotion or
receive a Promotion Bonus. Additionally, Prophet Exchange reserves the right to refuse or otherwise
restrict your eligibility to participate in any Promotion for any reason, in our sole discretion, including
based on your wagering patterns or wagering history or if you failed to take advantage of any previous
Promotion in good faith. Collectively referred to as “Eligible Player” or “Eligible Players”.
4. Action Required
Eligible Players must use promo code “DARKHORSE” (“Promo Code”) at initial registration on Prophet
Exchange and make their first deposit of $5,000.00 (five thousand dollars) or more (“Qualifying Deposit”)
during October 27, 2022 to November 5, 2022. Following registering with the Promo Code and Qualified
Deposit, Eligible Players must wager during the Promotion Period to be credited back Commission
(defined below) during the Promotional Period as cash, at the sole discretion of Prophet Exchange, on all
matched bets that result in a win for events occurring between October 27, 2022 to November 30, 2022.
5. Claiming Promotion Offer
If applicable, the Bonus will be credited to your Prophet Exchange Account within seventy two (72) hours
of winning on matched wagers during the Promotional Period. However, credits will be issued sooner
when possible. Bonus recipients will be solely responsible for all federal, state, and local taxes, and for
any other fees or costs associated with the bonus received, regardless of whether the bonus in whole or
in part, is used. The Bonus value may be reported for tax purposes as required by law.
6. Registration Procedures
To qualify for the Bonus, Eligible Players must be registered as an active Prophet Exchange member in
Exchange will designate Eligible Players after completing the Qualifying Deposit and Promo Code at its
7. Limitations on Participation
Prophet Exchange reserves the right to refuse or otherwise restrict your eligibility to participate in any
Promotion for any reason, in our sole discretion, including based on your wagering patterns or wagering
history or if you failed to take advantage of any previous Promotion in good faith. This Bonus is void
where prohibited by law.
8. Defined Terms
An “Offer” on Prophet Exchange is a reference to a proposed wager, with specified conditions (e.g. odds,
points spread, or total) and a proposed Stake for the wager.
A “Stake” is a reference to the dollar amount of a bet or wager that is subject of an Offer or a Bet. The
Stake in a Bet that is formed on Prophet Exchange is, for each Eligible Player, the amount that such
Eligible Player stands to potentially lose at the odds agreed in the Bet. When Bets are formed on Prophet
Exchange, the Stake of each given Eligible Player is proportionally commensurated, based on the odds
agreed in the Bet, to the Stake of the other Player.
“Bet” or “Wager” is a reference to an Eligible Player’s Offer which has been made by an Eligible Player
and accepted by another Eligible Player.
If a Player makes an Offer and it is not accepted by another Player, this is referred to as an “Unmatched
Bet”. An “Unmatched Bet” can be accepted by another Player (either for the full Stake proposed in the
Offer or for less than the full Stake proposed in the Offer).
“Commission” is defined as the total amount of money Prophet Exchange keeps off of a Winning Bet.
On Wagers that are won by Eligible Players during the Promotion Period, in regards to the Bonus, for the
Eligible Player making the Offer, Eligible Player will be credited back Commission during the Promotional
Period as cash, at the sole discretion of Prophet Exchange, or for Eligible Player accepting the Offer,
Eligible Player will be credited back Commission during the Promotional Period as cash, at the sole
discretion of Prophet Exchange.
9. Wagering Requirements
Any unmatched wagers will not count towards the Bonus. Please see Prophet Exchange’s website Terms
and Conditions for more information regarding unmatched wagering.
10. Eligible Games
All Money Line, Spreads, and Totals markets offered on Prophet Exchange will be eligible for the Bonus.
11. Restrictions on Withdrawal
The Bonus is not transferable and cannot be substituted except in the Sponsor’s sole discretion. The
Bonus may only be used for wagering on your Prophet Exchange Account. You may withdraw your
deposited funds without penalty at any time.
Should you wish to cancel your participation in this Promotion at any time, please contact customer
support at prophetexchange.com or call (866)-686-0377. Upon cancellation, you may withdraw any funds
you have deposited into your account without restriction.
13. Gambling Problem
If you or someone you know has a gambling problem, help is available. Call 1-800-GAMBLER. You can
also visit our website at ProphetBettingExchange.com for additional information on problem gambling.
14. Additional Terms
Administration: If a dispute or discrepancy, Prophet Exchange site terms and conditions and all house
rules take precedence over promotional terms and conditions. One (1) Bonus per participant and or
household. By accepting any promotional bonus, registered players agree to abide by terms and
conditions of this promotion. This promotion is subject to regulatory approval and voided where
prohibited. Prophet Exchange expressly reserves the right to amend, suspend or terminate this Promotion
general Terms and Conditions. Administration of this Promotion is at the sole discretion of the Sponsor.
You may only have (1) active Prophet Exchange Account at any time. Prophet Exchange is not
responsible for any errors or omissions in any advertising for the promotion. Prophet Exchange is not
responsible or liable for computer or program malfunctions. Prophet Exchange reserves the right to
exclude certain players from this promotion, as well as the right to withhold the bonus reward for any
reason. This promotion is at sole discretion of the Sponsor. Sponsor reserves the right to restrict at any
time any Prophet Exchange Account holder from participating in this Promotion for any reason. Any
questions relating to eligibility, these Terms and Conditions or any other questions concerning this
Promotion will be resolved at the sole discretion of the Sponsor and their decisions will be final and
binding. No groups, clubs, corporations, companies, partnerships, or organizations may participate in this
Promotion or reproduce or distribute any portion of these Terms and Conditions to their members. By
redeeming this Promotion, participants agree to release, defend, and hold harmless the Sponsor, its
affiliates, gaming license partners, advertising agencies, directors, officers, employees, and agents from
all liability claims or actions of any kind. In consideration of the Promotion Bonus, each individual hereby
agrees and consents, without further authorization, compensation or remuneration of any kind, to the use
of such individual’s name, photograph, likeness (including his/her voice), biographical information and
statements concerning the Promotion, in any and all advertising, promotions and other publicity
conducted by the Sponsor and its affiliates. Under applicable law, none of the Sponsors are responsible
or liable for any direct, indirect, incidental, consequential, special, economic, exemplary, punitive, or other
damages under any contract, negligence, strict liability, punitive or other damages.