ProphetX prediction markets: Trade $50, get $75
As I've covered during my
Get Prophet X Review, the platform now offers real money event contract trading. I found that there isn’t a ProphetX bonus code but its welcome promotion gives eligible new users $75 in promotional credit after completing $50 in qualifying trades.
That being said here are some key things to know before getting started:
- New users can get $75 in promotional credit after completing $50 in qualifying trades.
- The promo credit is given in three $25 installments over 14 days.
- Each installment expires 45 days after it is credited.
- You trade event contracts with other participants on the exchange.
- You can accept an available price or submit your own and wait for a match.
- Trades priced above 80% are excluded from the welcome promotion.
Get Prophet X bonus highlights
| 🎰 Get Prophet X |
💎 Details |
| 💸 Bonus |
Trade $50, get $75 in promotional credit |
| 💳 Payment Methods |
Aeropay, Mastercard, Trustly, Visa and wire transfer |
| 🔢 No Deposit Bonus |
No |
| 📱 App |
Website, iOS app and Android app |
| 💡 Available sports leagues |
|
| ☎️ Support |
E-mail, phone & FAQs |
| 🔐 Security |
SSL encryption |
Prophet X has switched from its previous social betting model to a real-money prediction market exchange, which means the way you claim its welcome bonus has changed too. Currently, new users can get $75 in promotional credit after completing $50 in qualifying trades.
I think this is a decent offer if you're planning to explore the sports prediction markets available, especially as you can complete the $50 trading requirement across multiple eligible trades. Just bear in mind that the bonus isn't given all at once. Instead, you'll receive three separate $25 installments over 14 days, with certain conditions to meet along the way.
How to use your Prophet X welcome offer
You don’t need a Prophet X bonus code to claim the sign-up offer, but it’s important to understand how this promo works, as it’s different from most of the other welcome bonuses I’ve seen. To claim it, you can do the following:
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Open the Prophet X website using the banners on this page.
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Click Sign Up in the top-right corner.
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Select Continue with Email.
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Enter your email address, create a password and click Continue.
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Verify your email address using the instructions sent to your inbox.
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Enter a promo code if applicable, then read and accept the terms and conditions.
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Enter your phone number and confirm it using the SMS verification code.
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Complete any remaining identity and location verification requirements.
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Fund your account using an accepted payment method.
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Complete at least $50 in qualifying trades within 30 days of account approval to unlock your promotional credit.
That's it! Once you've met the qualifying trading requirements, you'll receive your $75 in promotional credit across three $25 installments, rather than in one go. These are scheduled for Days 1, 7 and 14 after qualifying, but you'll need to use each of the first two installments in full on eligible trades before the next one is due.
Another thing to keep in mind is that qualifying trades and trades using promotional credit must be priced at 80 cents or lower, and each installment expires 45 days after it's credited. I always recommend checking the promotions page and T&Cs before registering, as prediction market offers and their requirements can change.
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Check out the ProphetX app
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Try out their full prediction market platform
Become a true Prophet with these tips
Prediction markets can take a little getting used to, especially if you're more familiar with traditional sportsbooks. To help you get started, I've put together three simple tips covering everything from researching markets to managing your trades at Prophet X.
If you want to make informed trades on Prophet X, then doing your research is important. Look at things like recent matchups, injury reports, team form and head-to-head results. All of these can help you understand how a team or player is performing before deciding which event contracts are worth considering.
🏁 Start with smaller trades
Don't put your entire trading balance into one contract because if the outcome doesn't go your way, you could lose the money you've committed. Start with smaller trades while you get used to how the exchange works or while you explore all of the different markets.
🔄 Understand the contract prices
The prices reflect the market's implied probability of an outcome, so a higher priced contract generally suggests a greater chance of success but offers a smaller potential return. Lower-priced contracts can offer larger returns, although there's usually a greater risk of losing your money.
Fast facts about the Prophet X bonus for US players
As Prophet X has recently switched over to become a full prediction markets platform, I've put together a few simple Q&As to help you understand how its welcome offer works. These cover the qualifying trades, promotional credit and where you can access the platform in the USA:
1️⃣ Are there any restrictions on the trades I can make to get the full welcome bonus?
To qualify for the Trade $50, Get $75 offer, you'll need to complete $50 in eligible trades within 30 days of account approval. These trades must be priced at 80 cents or lower, and you'll receive your $75 promotional credit in three $25 installments over 14 days. You'll also need to use the first two installments in full before the next ones are released.
2️⃣ Are there any other ways to get trading credit?
Yes! Aside from the Prophet X sign-up offer, they also have a referral program where existing users can earn promotional credit for inviting friends. You can receive $25 for your first qualifying referral, with the reward increasing by $5 for each additional qualifying referral, up to $50 per referral.
3️⃣ Where can I legally access Prophet X in the USA?
If you are over 18 and NOT a resident of the prohibited states, which include MA, MD, MI, NV, NY, and OH, you can legally register and check out this prediction market platform.
Conclusion: New users can get $75 when they trade $50
I think the Prophet X welcome offer is worth considering if you're interested in exploring sports prediction markets. Getting $75 in promotional credit after completing $50 in qualifying trades is decent, although you'll need to remember that the credit is given in three separate installments rather than all at once.
I also like that you can trade directly with other participants and even submit your own prices instead of simply accepting what's available. Just make sure you understand how the contracts work, check the trading fees and keep an eye on the promotional credit expiry dates. If Prophet X is available in your state, you can use the banners on this page to find out more about the offer.
No, the current offer requires users to complete $50 worth of qualifying trades in order to get the $75 promotional credit.
Currently no promo code is required, just click on the banners you see on this page to take you straight to ProphetX. If this ever changes I will always make sure to keep you up to date.
🔒 Is ProphetX legit?
Yes! ProphetX operates a CFTC-regulated prediction market exchange and I will always recommend legit platforms here at Strafe.
