Prophet Exchange Ohio Promo Code and Complete 2023 Review

Disclaimer: We currently can't recommend Prophet Exchange in Ohio because it still hasn't launched. Until it launches, you can claim the below US sportsbook's welcome bonus instead.
Must be 21+ and present in OH. Gambling Problem? Call 1-800-GAMBLER

 

Prophet Exchange Highlights:

 

Set to launch in 2023, Prophet Exchange Ohio will offer a different take on traditional sports betting. Prophet is a platform for customers to wager against other bettors, giving them access to far better odds. Likely to feature a deposit match bonus that can be claimed via our Prophet Exchange promo code, the site offers a fresh take on betting compared to other Ohio online sportsbooks.

 

Disclaimer: Prophet Exchange is not currently available in Ohio. State sports betting is now legal and the brand will likely launch in the first half of 2023. All the details below are speculative and are based on the brand's offering to New Jersey users.

Best Prophet Exchange Ohio Promo Code and Exchange Overview

🎁 Prophet Exchange Sign up Bonus Ohio:25% up to $250 (Expected)
🎁 Prophet Exchange Promo Code Ohio: TBD
💳 Prophet Exchange Offer Min. Deposit:$10
⌚️ Typical Payout Speed:1-5 days
✅ Bonus Offer Info Verified:February 2023
📅 Prophet Exchange Ohio Launch Date:January 1, 2023
📱 Prophet Exchange App for Ohio:Yes, iOS and Android
🏅 Top Prophet Exchange App Features:Create your own bets, browse "Most Traded" bets
⚖️ Ohio Betting Requirements:21+, physically located within state lines

 

Prophet Exchange Pros and Cons

Pros
Betting exchanges generally offer better odds
More markets than a traditional sportsbook
Lower vig when your bet wins
Ohio's first fully licensed betting exchange
Cons
Few online banking methods supported
Slightly more complicated than other sites

 

Prophet Exchange Sportsbook Ohio

 

Best Prophet Exchange Promo Code Ohio for 2023

🎁 Prophet Exchange Promo Code:TBD
🎁 Prophet Exchange Welcome Bonus: 25% up to $250 (expected)
💰 Bonus Sports Wagering Terms:1x playthrough requirement
💳 Minimum Deposit to Claim:$10
✅ Promo Code Last Updated:February 2023

 

Based on what we've seen in New Jersey, Prophet should offer a 25% up to $250 deposit match bonus to new users. To claim the deposit match, bettors will need to use a Prophet Exchange promo code when one comes available. After that, they'll receive half of their first deposit back as bonus funds with low 1x playthrough requirements. While not as generous as the deposit bonuses found in the best Ohio sportsbook promotions, it's simple to claim and offers decent value.

How to Claim the Promo for Prophet Betting Exchange in Ohio

  1. Click HERE or on our banner to activate your offer and join.
  2. Enter the Prophet Exchange bonus code while creating your account.
  3. Make an initial deposit of at least $10 to redeem the bonus offer.
  4. You'll receive 25% of your first deposit back as bonus funds.
  5. Bonus funds only need to be wagered 1x before they can be withdrawn.

Prophet Sports Betting Exchange Ohio Promo Codes

The Prophet promo code is yet to be finalized, but when they officially launch in 2023, we'll update our review accordingly. Once we get closer to that date, you'll be able to find all info on the sportsbook's info across all states in the Prophet Exchange review. However, for all the happens of this sportsbook in your state of Ohio, bookmark this page as we will update this guide accordingly.

Our Prophet Exchange Ohio Sportsbook Review Summary

As the first U.S. sports betting exchange, Prophet offers Ohio bettors an intriguing alternative to traditional sportsbooks like what you would expect from the Hard Rock Ohio sportsbook, for example. Rather than competing directly against the bookmaker, Prophet's peer-to-peer model enables customers to start betting at prices offered by their fellow users. As such, it provides a more communal betting experience, where users can often find superior money line odds on a particular game.

Available on both Android and iOS devices, the Prophet Exchange app further enhances this experience by enabling betting on the go, while also giving mobile users access to a generous welcome offer. Although banking options are a bit limited and the all-round user experience may initially be a little daunting for some, in this Prophet review, we'll take a closer look at how the exchange app stacks up against the other top sports betting options coming to Ohio.

 

BetProphet Exchange US App

 

Overview of Prophet Exchange Ohio Ratings:

  1. Promos: Bonus Bets, Boosts, Other - 2/5
  2. Quality of Odds in Comparison - 5/5
  3. Sportsbook Features - 4/5
  4. Market Variety + Bet Types - 5/5
  5. Deposits and Cash Outs - 2/5
  6. Mobile App - 4/5
  7. Loyalty Rewards / Programs - 0/5
  8. OVERALL RATING: - 3.1/5

1. Prophet Exchange Bonus Bets and Odds Boosts: 2/5

One of the areas that Prophet falls down in when compared to other sports betting sites is the range of promotions offered, for instance, there are currently no bonus bet or first bet insurance promos available, unlike the Betrivers Ohio sportsbook promo which offers you a $500 second chance or bet insurance bonus right off the bat. While these will hopefully be added soon, for now, customers will have to content themselves with the site's 25% up to $250 deposit bonus.

Expected Promos at Prophet Exchange in Ohio

Prophet Refer a Friend:To start spreading a buzz in Ohio, it looks likely bettors will be able to use a Prophet Exchange referral code to earn bonus funds when their friends sign-up

2. Quality of Prophet Odds vs Sportsbooks: 5/5

Prophet Moneyline OddsDraftKings Moneyline OddsBetMGM Moneyline Odds
Atlanta Falcons +220Atlanta Falcons +220Atlanta Falcons +220
Cincinatti Bengals -255Cincinatti Bengals -260Cincinatti Bengals -275

As you can see from the table above, the betting odds at Prophet Exchange don't give an inch to the competitors like BetMGM Ohio. Given the nature of a betting exchange, prices must be top-notch to entice users to trade money, so both the favorite and underdog prices are rock solid.

The brand also holds up well among the likes of bet365 Ohio. That shows how different the Exchange odds can be.

3. Prophet Exchange Ohio Market Variety and Bet Types: 5/5

At a sports betting exchange, if you can think of a market, the chances are there'll be someone out there willing to offer it. This means that unlike at a regular sportsbook, you'll find a much wider range of point spread options in addition to the staple betting markets. Unfortunately, due to the peer-to-peer nature of a betting exchange, markets with difficult odds to calculate, such as props and parlays are not available to customers. So the selection of bet types and available sports is much different than what sportsbooks like Betway Ohio sportsbook offer.

Popular Types of Bets

 

Prophet Exchange Odds

 

4. Prophet Exchange Ohio Features & Experience: 4/5

  1. Request Your Own Odds
  2. Seamless Experience Across All Platforms

Although cleanly designed and easy to navigate, mentions of "liquidity limits" and needing to wait for your bet to be "matched" may initially be a little daunting to new Prophet Exchange users. Thankfully, the site includes a helpful guide to explain exchange betting to newbies - and they'll soon see the benefits. For starters, if they have a price in mind for a particular bet, they can request it and see if another user will offer those odds. Secondly, all markets can be easily browsed via the Prophet Exchange app, allowing for great ease of use across all devices.

Request Your Own Odds

Think the lines are off on the market you want to be on? Simply request the odds you want to see and Prophet Exchange will try to match you with a user who's willing to offer your price.

 

BetProphet Betting Exchange Features

 

5. Prophet Exchange Ohio Payments: 2/5

💳 Prophet Exchange Minimum Deposit:  $1
💸 Prophet Exchange Ohio Payment Methods:  ACH, wire transfer, cash at Harrah's Casino
💰 Prophet Exchange Cashout Terms:  No restrictions on maximum withdrawals
⌚️ Prophet Exchange Withdrawal Time:1-5 days

Prophet exchange is quite limited in terms of betting payments. The site doesn't currently support debit/credit cards and eWallets are apparently coming soon. This leaves just ACH, wire transfer and - in New Jersey - cash at the cage at Harrah's Casino. Deposits start from just $1 and most withdrawals process within a maximum of five days.

6. Prophet Exchange App for Ohio: 4/5

As a new sports betting app in Ohio, Prophet Exchange can be enjoyed on both Android and iOS. The app version of the exchange boasts the same layout and features as the desktop site, while allowing players to place their bets in just a few taps. Easy to navigate and simple to use, it's one of the better mobile sportsbook apps set to launch in Ohio, and bettors will also be able to use their Prophet Exchange promo code to claim the welcome bonus via mobile.

How to Download the Prophet Exchange Ohio App

  1. Follow the links on the homepage to install the sports betting app.
  2. Click "download" and follow the on-screen prompts to set it up on your device.
  3. Log in using your existing details and claim your deposit match bonus.

Mobile App vs Desktop Interface for Prophet Exchange Ohio

The Prophet Exchange app essentially replicates the desktop experience, with the advantage of having displays that adapt to fit all screens and extra touch-screen usability. The betting exchange's layout remains largely unchanged, making it incredibly straightforward to use.

7. Prophet Exchange Loyalty Rewards: 0/5

At the time of writing, there's currently no Prophet Exchange loyalty scheme available in New Jersey. Whether this will be added for Ohio users remains to be seen, but for now, this ranks it some way behind other sportsbooks such as Caesars Ohio sportsbook.

Prophet Exchange Ohio Compared

Prophet ExchangeDraftKingsFanDuel
Bonus Bets0/53/54/5
Odds Boosts0/54/54/5
Quality of Odds5/54/55/5
Sportsbook Features4/54/53/5
Markets and Bets5/54/55/5
Payments2/53/55/5
Mobile App4/54/55/5
Loyalty Rewards program0/54/50/5
OVERALL RATING:2.5/53.75/53.9/5

Comparison Summary:

In truth, the criteria for evaluating other online sportsbooks probably don't apply to Prophet Exchange. The site currently offers nothing in the way of odds boosts, but this is quite simply because it doesn't need them. Instead, Prophet relies on its users to provide the best prices, though the absence of bonus bets and markets like props and parlays will put some bettors off.

How to Register an Ohio Prophet Exchange Account

  1. Click HERE or on our banner to activate your welcome offer and head to registration
  2. Enter personal details such as your name, D.O.B., home address and social security digits.
  3. Create a unique username and a strong password to protect your account.
  4. Log in and start betting to redeem Prophet Exchange's welcome offer.

 

Prophet Exchange Registration

 

Can I have more than one betting account?

Yes - in fact with Prophet Exchange, it's highly advisable. Although the site consistently offers the best prices on games, it doesn't offer much in the way of bonuses, so you may be better off hunting elsewhere for odds boosts and bonus tokens when your bet loses by for example by claiming the $1,000 Every First Bet Wins Bonus which is the SuperBook Ohio sportsbook promo and its other ongoing promos. However, we suggest also taking advantage of BetProphet sportsbook too to compare prices and offerings.

Prophet Exchange Ohio Payment Options

Deposits at Prophet Exchange start from just $1, though you will need to add at least $10 if you wish to claim the welcome bonus. Available methods for both deposits and withdrawals include ACH, wire transfer and cash at Harrah's, though eWallets will soon also be added.

 

Payment OptionDepositWithdrawal Withdrawal Time
Online Banking$1$101-5 Days
Wire Transfer$1$101-5 Days
Cash at Harrah's$10$10Instant

How to Make a Deposit

  1. Log in to Prophet Exchange and select "Deposit".
  2. Enter the dollar amount that you wish to add.
  3. Select an available payment method and fill in your details.
  4. Click the "Deposit" button to complete your transaction.

How to Make a Withdrawal

  1. Log in to Prophet Exchange and select "Withdrawal".
  2. Enter the dollar amount that you wish to cash out.
  3. Select an available payment method to withdraw to.
  4. Click the "Withdraw" button to complete your transaction.

Prophet Exchange Sports You can Legally Bet on in OH

Best Teams to Bet on Using Prophet Betting Exchange in Ohio

How to Place a Bet

  1. Log in to your Prophet Exchange account and select a sport to bet on.
  2. Find a market at odds you like and click to add it to your betting slip.
  3. Enter your stake, click accept and wait for your bet to be matched.

Security & Support for Prophet Sports Betting Exchange in Ohio

Like all modern online casino and sports betting sites, Prophet Exchange is protected by 128-bit SSL encryption. Support can be reached seven days a week between the hours of 10am and midnight EST, with the following contact options all available:

Responsible Sports Betting in Ohio

When Prophet Exchange launches in Ohio, it will feature a dedicated responsible gambling page with contact details for all the relevant authorities. From this section, users will be able to impose limits on their account, as well as apply cooling off periods and longer self-exclusion.

Prophet Exchange Sports Betting in Ohio vs Other States

Prophet Exchange is one of the currently active New Jersey sportsbooks and is partnered with Harrah's Casino in the state. In Ohio, it's an online-only operation, but has already established itself in the region by securing a partnership with the Columbus Blue Jackets.

Prophet Exchange Ohio Retail Location and Partnership

As mentioned above, Prophet Exchange doesn't feature a land-based partner in Ohio, though the site has teamed up with the Columbus Blue Jackets and Caesars Sportsbook to make its offering a little more tailored to local customers.

Ohio Online Betting Laws, Rules and Requirements

When it launches in 2023, Prophet Exchange will be a completely legal betting platform in Ohio. In order to use it, however, customers will need to be aware of the following restrictions:

Our Expert Verdict on Prophet Exchange Ohio

Prophet Exchange offers a completely unique proposition to Ohio bettors. Though the site has little in the way of bonus bets or promotions, the odds provided by Prophet users simply can't be beaten and the addition of a generous welcome bonus will help you try it out without spending too much.

Alternatives to the BetProphet Ohio Bonus

If you're interested in checking out more sportsbooks and bonuses launching in Ohio, we recommend the following:

Prophet Exchange FAQs


Although the Prophet promo code is still TBC, there should be one available by the time the site launches in January. Using this bonus code while depositing at least $10 will likely give players 25% up to $250 in bonus Prophet Exchange funds to use on the site.

In New Jersey, the Prophet Exchange welcome bonus is a 25% up to $250 match on bettors' initial deposit - and this will likely be repeated in Ohio. To claim the deposit bonus, just be sure to use our Prophet Exchange promo code when it becomes available.

Yes - the Prophet Exchange website is set to become Ohio's first fully legal betting exchange. As such, it will be able to offer superior betting lines than traditional sportsbooks and give users the chance to request their own prices if they have a particular bet in mind.

Yes - the Prophet Exchange site provides a legitimate alternative to other online sportsbooks. Although new users may initially find the site a little daunting, it will offer superior betting lines and more betting options than they'd find at a traditional sports betting platform.

So how exactly does Prophet Exchange work? Well, unlike at traditional sports betting sites, Prophet Exchange offers users the chance bet at odds offered by other bettors rather than the bookmaker itself, meaning winning bets hit harder and all money traded is subject to less vig.

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