Refer a Friend Terms & Conditions

Refer A Friend

TERMS & CONDITIONS

  1. 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 at 720 Monroe St, Hoboken, New Jersey, 07030.

  1. Promotion Period

The Promotion will begin as soon as Prophet Exchange takes first wager in NJ and end 11:59 ET on December 31, 2022 (the “Promotion Period”).

  1. 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”). 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.

  1. Action Required

A Referrer must obtain his/her unique Referral Link from his/her Prophet Exchange account 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”).

  1. 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.

  1. Registration Procedures

To qualify for the Promotion, eligible individuals must register for an active Prophet Exchange member account creating a Prophet Exchange account at ProphetBettingExchange.com. Privacy policy and rules apply in order to create a new Prophet Exchange account.  

  1. 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. 

  1. 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 ten dollars ($10) 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.  All Referral Bonuses have a one-time (1x) play through requirement (“Play-Through Requirement”).

  1. Order of Funds Used for Wagering

The Promotion Bonus is non-withdrawable but any winnings are immediately withdrawable. Bonus funds must be used before cash.

  1. Eligible Games

N/A

  1. 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.

  1. Cancellation

Should you wish to cancel your participation in this Promotion at any time, please contact customer support at prophetexchange.com, email help@prophetexchange.com 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.

  1. 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.

  1. Additional Terms

Administration:  If a dispute or discrepancy, Prophet Exchange sits terms and conditions and all house rules take precedence over promotional terms and conditions. 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 Promotion 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.

 

 

 

 

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