If you’re looking for bonuses, you’ve come to the right spot. What I can tell you is that right now ProphetX doesn’t offer any no-deposit bonuses. But don’t worry, because it has recently relaunched as a CFTC-regulated sports prediction market and is offering new and existing traders several bonuses to welcome them to the platform.
I found a welcome offer of Trade $50, Get $75 in Trade Credits, divided into three separate $25 Trade Credits over 14 days. This is one of the larger bonuses I have seen recently at sports prediction markets, and it doesn’t stop there, because ProphetX also has ongoing offers beyond the initial welcome offer. I’ll explain how sports predictions work since the relaunch, and how to claim and make the most of these bonuses.
I couldn’t find any no-deposit bonuses at ProphetX, but I can tell you why. ProphetX has recently relaunched as a sports prediction market which is regulated by the CTFC and operates as a designated contract market. Because of this regulation, you will find that most prediction markets are not able to offer no-deposit bonuses. However, Prophet has hit the ground running with a massive welcome offer of Trade $50, get $75 in Trade Credits, with no Prophet X promo codes required.
Here is an overview of the welcome offer as well as some key T&C's:
| Welcome Offer | Trade $50, Get $75 in Trade Credits |
| Qualifying Trades | $50 in trades over 30 days on event contracts priced below $0.80 |
| Trade Credits | Trade credits are divided into three separate $25 amounts over 14 days |
| Minimum Deposit | $10 |
| Trade Requirements | Trade Credits cannot be directly withdrawn and carry a 1x trading requirement |
| Eligibility | New traders only. Must be 18+ (state dependent) in one of the 45 available states |
| Restricted States | Massachusetts, Maryland, Michigan, Nevada, New York, and Ohio |
You won’t find any sports bets or odds at ProphetX anymore since the relaunch. Instead, you can now trade on sporting outcomes through event contracts priced between 1 cent and 99 cents, with all event contracts settling at $1. The price is not set by the house, but by other traders. For example, if a market has its event contracts priced at $0.65, the market gives that outcome an implied 65% chance of happening. If you want to know more, you can check out my Prophet X review.
The offers and promotions continue after the initial welcome offer of Trade $50, Get $75 in Trade Credits. We couldn’t find a long list of offers running for existing traders, but that is understandable, as ProphetX is still finding its feet as a prediction market. What I did notice is that the offers it does have are strong enough to make up for the shorter list. Here are the offers I found:
ProphetX rewards traders who help keep its markets active. It offers a chance at a share in a pool of up to $6,000 daily for those who add liquidity to selected sports markets. To qualify, you need to post prices and make orders matched across sports like the NBA, MLB, and NHL.
You receive $25 in Trade Credits for your first qualifying referral, which you can increase by $5 for each referral after that, up to a cap of $50 in Trade Credits once you have invited 6 or more traders that qualify. To qualify, your referral must verify their account and trade at least $50 within 30 days of joining.
As Get ProphetX is a new social sportsbook, I’ve summarized its pros and cons for handy reference:
If you are looking for a new way to predict sporting outcomes, I recommend giving ProphetX a try. It is a sports-native prediction market, so you trade Yes and No event contracts directly against other traders instead of against a bookmaker. You can buy and sell your position any time before settlement, giving you more flexibility with your trades.
It is a different approach, with markets available on all the popular US and international sports. Although there aren’t any ProphetX no-deposit bonus codes, you can make use of the Trade $50, Get $75 welcome offer, plus the Liquidity Program and referral rewards.
If you want to know more, you can head to our full review of ProphetX. But if everything sounds good and you want to give sports predictions at ProphetX a try, you can follow the banners on this page.
Your $75 in Trade Credits is released as three $25 credits on Day 0, Day 7, and Day 14. They cannot be withdrawn directly, carry a 1× trading requirement, and expire 45 days after claiming.
Yes. New traders can claim Trade $50, Get $75 in Trade Credits by placing $50 in trades within 30 days of account verification on sports event contracts priced at $0.80 or below.
No. ProphetX is a CFTC-regulated prediction market, so it doesn’t currently offer a no-deposit bonus.
ProphetX is available to anyone who is at least 18 (19 or 21 in some states) and located in one of the 45 eligible US states. It is currently unavailable in: Massachusetts, Maryland, Michigan, Nevada, New York, and Ohio.
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