Refer A Friend
TERMS & CONDITIONS
- Description of Promotion
The Refer A Friend Promotion (“Promotion”) where participants and the referees they cause to sign up for a new Prophet Exchange account using a referral link (“Referral Link”), will each receive site credit bonus of fifty dollars ($50) for use only on Prophet Exchange once the referee meets the requirements subject to the terms.
Stake Trade, Inc. d/b/a Prophet Exchange (“Prophet Exchange”) is the sponsor of this promotion, located in Hoboken, New Jersey.
- Promotion Period
The Promotion will begin on August 15th, 2022 at 12:01 AM EST and end 11:59 PM ET on December 31, 2022 (the “Promotion Period”).
- Player Eligibility
The promotion is only open to existing Prophet Exchange account holders who successfully Refer a Referee that satisfies the Deposit Requirement (each, a “Referrer”) and individuals who are new Prophet Exchange account holders (i.e who have never had their social security number affiliated with any type of Prophet Exchange account) and who have been successfully verified by the Sponsor, and who are invited to sign up for a Prophet Exchange account using a Referral Link by the Referrer (each, a “Referee” (Collectively, Eligible Customers"). If a Referee is associated with another Prophet Exchange account in the Sponsor's database, they are not eligible to participate in this promotion. The Promotion is only open to individuals who are at least 21 years of age and are physically present in New Jersey during the Promotion Period. If your social security number is associated with another Prophet Exchange Account in Sponsor's database, you may only earn one Promotion Bonus in respect of all such Prophet Exchange Accounts under this Promotion. 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.
- Action Required
A Referrer must obtain his/her unique Referral Link, which is the Referrer’s email associated with their Prophet Exchange account (“Referral Link”) and cause any Referee to sign up for a new Prophet Exchange account using such Referral Link and become verified to play on Prophet Exchange, and meet the Deposit Requirements within 14 days of signing up. For each Deposit Requirements met in relation to the specific Referral Link, the Referrer shall receive a Prophet Exchange site credit of Fifty Dollars ($50) and the Referee shall receive a Prophet Exchange Site Credit of Fifty Dollars ($50), (“Referral Bonus”).
- How To Redeem Promotion Offer
If applicable, the Referral Bonus will be credited to your Prophet Exchange Account within seventy-two (72) hours of the Referee placing an eligible deposit in relation to the Deposit Requirement. Limit fifty (50) successfully completed Referrals Links per Referrer (Twenty Five Hundred Dollars ($2500) maximum Referral Bonus per each Referee). Referral Bonus recipients will be solely responsible for all federal, state, and local taxes, and for any other fees or costs associated with the Referral Bonus received, regardless of whether the Referral Bonus, in whole or in part, is used. The Referral Bonus value may be reported for tax purposes as required by law.
- Registration Procedures
- 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 Promotion is void where prohibited by law.
- Wagering Requirements
After being successfully verified by the Sponsor, the Referee must then log-in to his/her Prophet Exchange account, and within fourteen (14) days of signing up for his/her Prophet Exchange account, place a deposit of at least fifty dollars ($50) or more (“Deposit Requirement”) on the Prophet Exchange. Deposits placed after the fourteen (14) day period will not count towards satisfaction of the wager requirement. The Referral Bonus is non-withdrawable until the bonus funds and deposited funds are wagered one time (1x) play through (“Play Through Requirement”). There are no minimum odds restrictions on this offer. Eligible Customers must wager their full initial deposit and Referral Bonus to complete the Play Through Requirement. Deposited funds may be withdrawn at any time, but if the Play Through Requirement is not completed when Eligible Customer begins the withdrawal process, Eligible Customer will forfeit any and all winnings from Referral Bonus. Eligible participants may not match both sides of the Referral 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, it 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.
- Order of Funds Used for Wagering
The Referral Bonus is non-withdrawable but any winnings are immediately withdrawable following completion of the Play Through Requirements. Bonus funds must be used before cash.
- Eligible Games
All Money Line, Spreads, and Totals markets offered on Prophet Exchange will be eligible to complete bonus wagering requirement. All players must avoid betting both sides of the same event (hedging) while using bonus funds. All bets must be matched or partially matched and fully settle before counting towards the Play Through Requirement.
- Restrictions on Withdrawal
The Referral Bonus is not transferable and cannot be substituted except in the Sponsor’s sole discretion. Any unused portion of the Referral Bonus can be automatically withdrawn from your Prophet Exchange account seven (7) days after being credited to your Prophet Exchange account. You may withdraw your deposited funds without penalty at that time.
Should you wish to cancel your participation in this Promotion at any time, please contact customer support at prophetexchange.com, email firstname.lastname@example.org or 866-860-0377. Upon cancellation, you may withdraw any funds you have deposited into your account without restriction or Play-Through Requirement. However, any Promotion Bonus amount in your account shall remain subject to the order of funds used for wagering detailed in Section 9 before it may be withdrawn.
- 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.
- Additional Terms