ProphetX

Prediction markets have given sports fans a different way to get in on the action, and ProphetX is now one of the bigger names in the space. As of June 2026 it holds CFTC licenses as both a designated contract market and a clearing organization, so it runs as a federally regulated exchange instead of a state-by-state sportsbook. Rather than taking a price the house has set, you trade your picks straight against other users. Same moment, better price.

We went through the offer, the fees, the sports, and the standout features for this ProphetX review.

ProphetX Review

New users: Trade $10, Get $20 in bonus funds

• New users only.
• Sign up with code GETOFFER.
• Make your first deposit and place a $10 trade to qualify.
• Get $20 in bonus funds credited to your balance.
• Put the bonus funds to work across any of the sports markets.
• Must be 18+ (or the legal minimum in your state, whichever is higher) and located in an eligible state.
• Terms and conditions apply.

Claim the ProphetX offer with code GETOFFER

Tap the link, register, and enter code GETOFFER when you sign up. Place a $10 trade and ProphetX drops $20 in bonus funds into your account to put to work across the markets.

What is ProphetX?

ProphetX is a sports-focused prediction market that runs as a peer-to-peer exchange. You trade against other users rather than a sportsbook, so the prices come from real supply and demand instead of a built-in margin. You can take a price someone has already posted, or set your own and wait for another user to match it. It earned CFTC approval in June 2026 and went live nationwide the same month, which puts it in the same regulated category as Kalshi and Polymarket, though ProphetX sticks to sports only. Joining through this link with code GETOFFER also locks in the Trade $10, Get $20 welcome offer.

ProphetX best features

There is a lot to like here. These are the parts that stand out.

Peer-to-peer exchange

Every trade matches against another user, so you are working a real market instead of fighting a house edge. That usually means sharper prices than a standard sportsbook.

Low 2% commission

ProphetX takes just 2%, and only on your net winnings. There is no vig baked into the prices, so a losing trade costs you nothing extra.

Set your own odds

You are not stuck with whatever is posted. Name your price on a market and let other users come to you, which helps when you have a strong read on a number.

No limits on winners

Because you trade against other users, ProphetX does not cut you off for winning. How much you can get down comes down to the liquidity other traders post.

Build-your-own parlays

The RFQ parlay tool lets you put together multi-event combinations and get them priced directly against other users, similar to how trading desks handle custom orders.

Mobile apps

The platform runs on web, iOS, and Android, so you can post and match trades from anywhere. Sign up here and the apps carry the same markets as the site.

Pros and cons of ProphetX

The good clearly outweighs the small stuff, but here is a fair look at both sides.

Pros

✅ True peer-to-peer market with no house edge

✅ Just 2% commission, and only on winnings

✅ Set your own odds or take the best price posted

✅ No limits placed on winning traders

✅ Pre-game and live action across the major sports

Cons

❌ A custom price can take a moment to fill on quieter markets

❌ The exchange format takes a little getting used to if you are coming from a traditional sportsbook

❌ Markets outside the headline leagues can be lighter on liquidity

What can you trade on ProphetX?

Since it is an exchange, you decide how you want in. The main ways to trade:

Take a price: Accept odds another user has already posted.

Set a price: Post your own number and wait for a match.

Live trading: Trade in-game as the market moves.

Parlays and props: Build multi-event combinations and back player or game specials.

Sports covered by ProphetX

Once you are set up with code GETOFFER, here is where you can put it to work:

• Football (NFL)
• College Football (NCAAF)
• Basketball (NBA)
• College Basketball (NCAAB)
• Baseball (MLB)
• Hockey (NHL)
• Soccer (World Cup, Premier League, La Liga, Bundesliga, Serie A, MLS, Champions League, Europa League)
• UFC / MMA
• Golf
• Tennis

Where ProphetX is available

As a CFTC-regulated prediction market, ProphetX reaches far more of the country than a typical state-licensed sportsbook. It is now live nationwide, in every state except Nevada. Access can shift as the rules change, so it is worth confirming your state in the app when you sign up.

How to sign up for ProphetX

1. Open the ProphetX sign-up page or download the app.
2. Tap Sign Up and enter your details.
3. Verify your identity (you must be 18+, or older where your state requires it).
4. Enter code GETOFFER during signup.
5. Make your first deposit.
6. Place a $10 trade and pick up $20 in bonus funds.

Refer a friend

ProphetX gives you a reward when a friend signs up on your referral code and places a qualifying trade. The credit lands after their first matched trade settles.

Promotions and boosts

ProphetX runs boosted prices and seasonal challenges from time to time. Anything you win above the standard payout comes through as bonus funds, which may carry a light rollover before withdrawal. Say a $50 payout gets boosted to $70: the extra $20 is bonus funds you play through once. Full details sit in the terms of each promotion.

ProphetX FAQs

Can I use ProphetX on my phone and computer?

Yes. ProphetX works on the web and through its iOS and Android apps.

Is ProphetX a sportsbook?

No. It is a CFTC-regulated peer-to-peer prediction market, so you trade against other users rather than a house book.

How much does ProphetX charge?

Just 2%, and only on your net winnings. There is no vig in the prices.

What can I trade on ProphetX?

Sports event contracts across the major leagues, including the NFL, NBA, MLB, NHL, soccer, and more.

How old do I need to be?

You need to be at least 18, or older if your state sets a higher minimum.

Where is ProphetX available?

Nationwide, in every state except Nevada.

Do I need a code?

Use GETOFFER at signup to claim Trade $10, Get $20 in bonus funds.

Must be 18+ (or the legal minimum in your state) and located in an eligible state. Terms and conditions apply. Please play responsibly.