Introduction: What is ProphetX and Why You Should Use It for Bet 2
ProphetX is an innovative betting exchange platform that allows users to bet against one another rather than against a bookmaker. As a result, the platform offers odds with significantly lower margins, consistently ranking among the best in the market.
ProphetX is available in 40 states, making it accessible to a wide range of users. Additionally, its odds are integrated into our Dutcher, allowing you to easily compare and optimize your matched betting strategies. This makes ProphetX an excellent choice for placing the Back Bet 2 in matched betting.
How to Register
Click on the following button and fill in your personal details:
Make sure you don’t remove the code “NINJABET”.
How to Deposit
ProphetX operates as a Sweepstakes platform. This means that there is a virtual coin section (Prophet Points) and a real money section (Prophet Cash).
To deposit:
- Click on “Add Prophet Cash” in the top menu.
- Buy Prophet Points, which will add an amount of Prophet Cash to your account based on your deposit.
- Select your preferred payment method.
- Complete the transaction.
How to Navigate the Site
In the image below, you can see the following highlighted:
- The competition: on the left
- The matches: in the center
- The markets related to a match: on the right
What Does Exchange Mean? (The Market of the Odds)
ProphetX is a betting exchange platform that operates differently from traditional bookmakers. Instead of setting odds, the exchange facilitates transactions between users and charges a small commission on winnings. The odds on ProphetX are dynamic, fluctuating based on the liquidity provided by users. This allows any user to offer odds for a market and potentially place bets at even better odds.
What is Liquidity? Liquidity is the amount available to play. The displayed amount represents the available liquidity at specific odds. Plays up to this amount are instantly matched, while any excess is unmatched and placed into the market.
How to Place a Bet
Placing a bet is similar to using any other bookmaker:
- Select the odds for the outcome you want to bet on.
- Enter the amount you wish to bet.
- Check if the Liquidity Available is at least equal to the previous amount.
- Click “Place”.
ProphetX takes a small 3% commission on winnings, so be sure to factor it into the calculator. Simply multiply the “To Win” value by 0.97.
How to Withdraw
Withdrawing is very simple and works like any other bookmaker:
- Click on your balance.
- Select “Redeem.”
- Enter the amount you wish to withdraw.
- You will receive exactly the amount you withdraw in Prophet Cash as actual cash.
Conclusion
ProphetX is an excellent tool for matched bettors aiming to maximize their profits. With competitive odds, low commissions, and a dynamic betting environment, it’s the ideal platform for placing all your Back Bet 2 wagers. Once you’ve completed the steps outlined above, you’re ready to move on to the next offer!