General Promotion Terms 2024

From time to time and at the discretion of Prophet Exchange, our Promotions Team may add a bonus to your account. Before placing any bets using a promotional bonus, please review the terms below.

General Bonus Terms

  • No minimum odds requirement
  • Bonus progress is only counted once your eligible bets have settled
  • Only matched or partially matched bets will count towards bonus progress 
  • Bets that settle as a "Push" will count towards bonus progress 
  • Your promotional balance can be found under your account balance

Wagering Requirement & Order of Funds

  • The Playthrough is 1x the bonus 
  • Any available bonus funds will be used first, followed by available cash
  • Any bonus funds/cash used towards unmatched, canceled or voided bets will be returned immediately to their respective wallet

Additional Terms

  • The bonus amount and any winnings associated with it are not withdrawable until the 1x playthrough has been completed 
  • Purposefully matching against another user can void your bonus and any winnings associated with that bonus
  • Matching yourself or hedging on the same market while a bonus is active will void your bonus and any winning associated with that bonus

The bonus can not be paused or dropped on your end. To forfeit any bonus or promotional offer, please contact Live Support and we will be more than happy to assist.

Full Terms & Conditions
1. Description of Promotion
Eligible Players determined at the sole discretion of Prophet Exchange will be considered for the Promotion (hereafter called “General Promotion”) and will be credited a bonus specifically designated by Prophet Exchange in promotional funds (hereafter referred to as (“Bonus”)) on the Eligible Player’s first log-in following selection of being an Eligible Player. The Bonus will be sent to specific Eligible Players at Prophet Exchange’s discretion from September 29, 2022. 

2. Promotion Period
The Promotion will begin on January 01, 2024, at 12:01 ET and will end at 11:59 ET on December 31, 2024 (the “Promotion Period”).

3. Eligibility
The Promotion is only open to individuals who (1) are at least twenty-one (21) years of age and (2) selected by Prophet Exchange at its own discretion. 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
Upon notification of being selected as an Eligible Player for this Promotion, Eligible Players’ will be credited a bonus specifically designated by Prophet Exchange in promotional funds (hereafter referred to as (“Bonus”) on the Eligible Player’s first log-in following selection of being an Eligible Player. Eligible Customer will have sixty days (60) to complete the Play Through Requirement (defined below). 

5. Claiming Promotion Offer
Eligible Players must only log-in following being selected and notified for the Bonus to claim the Bonus. If applicable, the Bonus will be credited to your Prophet Exchange Account within seventy two (72) hours of log-in. However, Bonus 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 New Jersey. Privacy policy and rules apply in order to create a new Prophet Exchange account. Prophet Exchange will designate Eligible Players for the Bonus at its own discretion.

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. Wagering Requirements
The Bonus is non-withdrawable until the Bonus is wagered a total of a one time (1x) play through (“Play Through Requirement”). Eligible Player has 60 days from their first log-in to complete the Play Through Requirement. All wagers must be on Eligible Games. Eligible Player must wager their Bonus to complete the Play Through Requirement. If the Play Through Requirement is not completed when Eligible Player begins the withdrawal process, Eligible Player will forfeit any and all winnings from Bonus. Eligible participants may not match both sides of the Bonus to clear the Play Through Requirement. If any eligible participant is found to have matched both sides of the same event in order to clear the wagering requirement for the Bonus, the Bonus will then be deemed void and Bonus winnings or remaining funds will not be permitted to withdraw. Upon completion of the Play Through Requirement, all bonus funds and applicable winnings are withdrawable. Bonus must be used before cash. Any unmatched wagers will not count towards the Play Through Requirement. Please see Prophet Exchange’s website Terms and Conditions for more information regarding unmatched wagering.

9. Expiration
The promotional period will end on December 31, 2024. Any unused bonus funds will expire 30 days after user receives bonus funds.

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, but will forfeit the Bonus.

If bonus dollars or real money is used to place a wager that goes unmatched, the funds will be refunded to the respective wallet for future use once the wager has unmatched. For example, if You wager fifty dollars ($50) of bonus funds and only twenty five dollars ($25) is matched, then the remaining twenty five dollars ($25) will revert back to your Bonus Wallet. Any unmatched wagers will not count towards the wagering requirement. Any funds that are returned due to a push when an event settles will count towards the wagering requirement. Please see Prophet Exchange site Terms and Conditions for more information regarding unmatched wagering.

Eligible participants may not match both sides of the Bonus. If any eligible participant is found to have matched both sides of the same event in order to clear the wagering requirement for the Bonus, the Bonus will then be deemed void and will not be permitted to withdraw. Upon completion of the Play Through all bonus funds and applicable winnings are withdrawable. Bonus funds must be used before cash.

12. Order of Funds Used for Wagering
The Promotion Bonus is non-withdrawable until the bonus funds are wagered one time (1x) play through (“Play Through Requirement”). Please see Section 8, Wagering Requirements, for additional details on Play Through Requirement and restrictions.

13. Cancellation
Should you wish to cancel your participation in this Promotion at any time, please contact customer support at prophetexchange.com. Upon cancellation, you may withdraw any funds you have deposited into your account without restriction.

14. 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.

15. 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. Limited to one (1) per 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 at any time without prior notice or consent. All promotions are subject to the Sponsor's Privacy Policy and 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.

If you need any help or have any questions, please feel free to reach out to Live Support between the hours of 12PM - 8PM Est. 

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