
Author:
Dylan Smith
Last Updated on:
05/20/2023
Topic:
Prophet Exchange Bonus
Experiences:
Sports editor
Topic:
Prophet Exchange Bonus
Experiences:
Sports editor
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Looking for the latest Prophet Exchange NJ bonus code for today? This is the very place to find it, and trust us, it unlocks a fantastic offer that you won’t want to miss!
New customers at Prophet Exchange in New Jersey can currently grab an excellent matched deposit offer with very fair terms and conditions. Through this article, we’ll cover the bonus in detail and provide you with our top tips on how best to use it to enhance your betting experience.
Welcome bonuses have been around pretty much as long as online betting sites have. Sportsbooks and online casinos use them as a means of attracting new customers, and the growing level of competition means that the quality of the bonuses available is only getting better - which is great for us as consumers. Fortunately for you, New Jersey is still the leading online sports betting hub in the US. The market is well-regulated and the operators available here all have a trusted reputation. This is a fact that is reflected in the latest Prophet Exchange bonus code for New Jersey players.
With the current Prophet Exchange sportsbook deposit promo code, you can get a 100% matched deposit bonus worth up to a potential $200. The minimum required deposit to claim the offer is just $10 and the wagering requirement is extremely fair - as we’ll explain for you in more detail in the section that follows directly below.
Before you can get down to the real fun part, which is using the bonus, you first have to meet the conditions to claim it. Fortunately, getting your hands on this offer is extremely easy - so long as you are aged 21 or older and physically located within New Jersey state borders. You also need to have at least $10 in your bank account or your wallet that you can realistically afford to lose.
The first step towards claiming the Prophet Exchange NJ promo code is to either head to the website or download the app, which is available for both Android and iOS devices. You then have to complete the registration and verification process in order to open your account.
Once that’s done, you simply need to make your first deposit of between $10 and $200 using either online banking, wire transfer, or by paying cash at the cage at Harrah’s Casino in Atlantic City.
When your deposit has been cleared, your bonus should appear in your account within 72 hours, though usually, this should be quicker. If you have deposited $50, for example, Prophet Exchange will give you a bonus of $50. However, it is worth mentioning that bonus credits function quite differently to your real money deposit.
When it comes to actually using this bonus, there are a few things that you need to know. For starters, the bonus lasts for 14 days from the moment that it is deposited into your account. As well as using the bonus within this timeframe, you must also meet the wagering requirement.
The wagering requirement for this bonus dictates that you must play through your bonus amount once before you can withdraw your winnings. For example, if you claim and use a $50 bonus, you would need to wager $50 of your real money deposit before you can withdraw your winnings as cash. As far as wagering requirements go, this is quite a generous condition compared to most of the competition.
As we said at the very top of this article, the goal of our bonus review isn’t merely to inform you about the latest Prophet Exchange offer for new customers. Additionally, we want to help you to get the most out of the bonus that you possibly can. That’s why we have provided you with our top tips that should help you to use this bonus to enhance your overall online sports betting experience as much as possible.
In contrast to the common practice that is implemented by most other online sportsbooks in New Jersey and the rest of the US, there is actually no requirement to enter a Prophet Exchange NJ bonus code in order to claim this offer. Instead, all that you have to do is make your qualifying deposit and the bonus will be credited into your account within 72 hours.
Failure to use your bonus and meet the wagering requirement within the allotted 14 day time period will result in your unused bonus and any winnings being forfeited. This means that they will disappear from your account and you won’t be able to get them back at all.
There is nothing in the Prophet Exchange bonus code NJ terms and conditions to suggest that any products or areas of the site are restricted in any way. This means that you can use the bonus to wager on pre-game and in-play betting lines. Additionally, you can also make use of both the fixed-odds and peer-to-peer betting capabilities on the platform.
This is one of the things that we particularly liked about the Prophet Exchange sportsbook NJ promo code terms and conditions. While the majority of online sportsbooks and casinos will stipulate that you have to use your real money deposit before the bonus, Prophet Exchange insists that you use your bonus cash first. This makes it easier to use your bonus and meet the wagering requirements on time.
As is almost always the case, your stake is not included in your returns when using the Prophet Exchange bonus code for New Jersey players. For example, if you wish to stake $10 of your bonus cash at odds of +150 and you win, your total returns would be $15 (just the profit), rather than $25 (stake + profit). This is a very standard condition with most sportsbook bonuses across the world because sportsbooks can’t really afford to just give money away.
Fortunately, the new customer offer at Prophet Exchange doesn’t mark the end of the line. There’s also the refer a friend bonus and the potential for you to obtain VIP status on the site - though it is given out on a more exclusive basis than with most other operators.
With the Prophet Exchange refer a friend promo, you and your friend can get a $50 bonus each when your friend successfully registers an account and makes their first deposit. In order to claim this bonus, all that you have to do is get a Prophet Exchange NJ promo code link from your account and give it to your friend. If they then sign up via this link and make a deposit you will both be given the bonus.
Prophet Exchange VIP status is given out on a selection basis to players with a high volume of sports betting activity on the site. Those with VIP status will be given a reduced commission on matched odds betting.
The Prophet Exchange welcome offer gets new NJ players a deposit match bonus of 100% up to the maximum value of $200. The minimum required deposit is just $10 and the bonus should appear in your account within 72 hours. The bonus time period is 14 days and you just need to play through the bonus amount once before withdrawal.
This bonus is very user-friendly, first and foremost, because you can use your bonus before your real money deposit. This naturally makes the time limit much less of an issue. Additionally, you are also free to use your bonus credits throughout the sportsbook. The only downside is that it can be a little slow arriving in your account - up to 72 hours. However, in our experience, it was much quicker than that.
Before you can withdraw any winnings made off the back of this bonus you have to play through your bonus amount once over. This must also be done within the 14 days bonus time limit. As far as wagering requirements go, this is a very reasonable condition.
While the matched odds available via peer-to-peer is one of the most unique and exciting things about the Prophet Exchange platform, it can be quite time-consuming. As a result, we would probably say that it’s best to avoid when using your bonus.
While this isn’t a bonus that will knock you off your feet at the very sight of it, the Prophet Exchange bonus passes a much more important test with flying colors. When you scratch beneath the surface the terms and conditions are very fair, giving you a decent chance of using this offer effectively.
At the end of the day, we have seen very similar bonuses before with other NJ online sportsbooks. However, what we haven’t seen is a bonus with as fair conditions as this one. You really do have a decent chance of getting somewhere with this bonus, which is more than we can say for many others. Additionally, the peer-to-peer betting platform that you can use it on is one of the most unique and innovative products on the market. Overall, we would definitely recommend this bonus to any NJ sports betting fan.
New Jersey customers currently have exclusive access to the Prophet Exchange platform, as it isn’t yet available elsewhere in the US. As a result, adults aged 21 and over who are located in NJ can claim the awesome new customer bonus. As we explained throughout the main body of our review, this bonus gets you a 100% deposit match of between $10 and $200 when you register your brand new Prophet Exchange account and fund it for the first time. The bonus lasts for 14 days and has a reasonable play-through condition of just x1 - which isn’t bad at all!
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