Prophet Exchange Becomes the First Betting Exchange in the US

Prophet Exchange Becomes the First Betting Exchange in the US

  • Prophet Exchange has launched in the state of New Jersey
  • This is the first time in US history that a peer-to-peer sports betting exchange has been authorized.
  • The Prophet’s creators are enthusiastic about its release.

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Prophet Exchange

Prophet Exchange Is the First of Its Kind in the US

As a peer-to-peer exchange for sports betting, Prophet Exchange will enable sports fans to wager against one another rather than against an operator. 

It will be the first business of its kind to operate legally in the United States. Customers can set their prices and have other users wager on them. 

It will create a dynamic and competitive market where bettors are free to compete and demonstrate their sports and odds knowledge. 

The Prophet will act as an intermediary and will not limit players’ wagers. However, customers must still have an opponent to match their wager.

Initially, the exchange will provide money lines, spreads, and totals for the most popular leagues, including the National Football League, the National Basketball Association, the National Hockey League, Major League Baseball, and the NCAA Football and Basketball Championships. Later, additional sports will be included. Prophet Exchange is accessible via Android and iOS mobile devices and the web.

Prophet’s Founders Are Excited by the Launch

Dean Sisun and Jake Benzaquen established the betting exchange in 2018. Since then, the two have worked diligently to obtain launch approval for Prophet in the United States. 

Their efforts have finally paid off, as the platform’s launch in New Jersey has been approved.

Sisun, now the CEO of Prophet Exchange, expressed his excitement at being the first fully regulated betting exchange in New Jersey. Bettors in New Jersey now have access to Prophet Exchange’s services. 

The innovative product developers cannot wait to upgrade and improve the platform. Fans of sports should monitor future developments.

Our Recommended US Sports Betting Site in 2021

Our Rating

  • Score a $250 Welcome Sports Bonus
  • The Best Lines, Props And Live Betting
  • Accepts Wide Range Of Payment Methods Including Bitcoin
  • Bet On Traditional Sports + Politics, Esports & Virtual Sports
bovada
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About Lou De Aguila

Lou Ramon Aguila is a contributor for Golden Casino News. He has a degree in BSBA Legal Management with great interest in high-profile legal cases involving sports personalities. An ultimate sports junkie, he covers just about everything in the sporting world with an emphasis on the NBA, NFL, and MLB. In his past time, Lou loves to read manga, watch anime and critique pro-wrestling matches.