Press Releases
PROPHET EXCHANGE OFFERING BEST ODDS IN NEW JERSEY FOR 2022 NFL SEASON
Prophet Exchange, the newly launched New Jersey-based peer-to-peer sports betting exchange, offered more competitive moneyline prices than its operator rivals in its first-ever NFL regular season gameweek.
A bettor who staked $100 on every winning team for NFL Week One would have made $157.46 more with Prophet Exchange, than a traditional sportsbook (total payout less Prophet Exchangeâs 2% commission on each market). Thatâs about 10% more than a bettor would have won on a sportsbook.
Prophet Exchange operates a peer-to-peer modelâthe first of its kind in the United Statesâand acts solely as an intermediary. This means it takes no risk, and simply allows users to set prices, or place bets on prices already set by other users. The exchange then passes this unique benefit directly to the customer, by offering better prices.
Unlike traditional sportsbooks, Prophet Exchange does not add margin or vig to its odds, and sets no limits to wagers, as long as customers have a counterparty to match their bet.
Prophet Exchange also highlights it has a huge advantage on prime-time games. In Week One, Prophet Exchange bettors enjoyed superior pricing, and lots of liquidity, in prime-time: the exchange closed Thursday Night Football, Buffalo at Los Angeles at -118/+117, Sunday Night Football Tampa Bay at Dallas at -124/+122 and Monday Night Football Denver at Seattle at -265/+260.
âIf a bettor bet $100 on every underdog for week one of the NFL on the Moneyline, they would have won $207 on a sportsbookâbut with Prophet Exchange they would have won $318,â says Prophet Exchange co-founder and CEO Dean Sisun. âWe offer competitive pricing and transparency that traditional operators simply canât match. Our peer-to-peer model has already been a great success here in New Jersey, which bolsters our overarching vision to become the mainstream betting platform in the United States.â
New customers on the exchange this month will receive a 50% deposit match, up to $250 bonus.
âIf youâre looking to bet on a team to win, or bet a prime-time game, Prophet Exchange has already proven in one week that it is the place to do so. We offer the best moneyline prices on both sides of the ball, along with spreads and totals at +100 odds, instead of the traditional -110,â says Prophet Exchange co-founder and COO Jake Benzaquen.
âOur offer of a 50% deposit match for new sign-ups in September makes Prophet Exchange an even greater value proposition for New Jersey bettors. We look forward to offering unrivaled moneylines for the rest of the NFL seasonâand beyond.â
NFL Legend Victor Cruz placed the very first bet on the exchange, on his beloved New York Giants. Cruz matched two bets, one on the New York Giants +5.5 at +100 (even) odds against the Tennessee Titans in Week One and one on the Giants moneyline at +230, winning both. Additionally, Cruz matched a bet on the Tampa Bay Buccaneers moneyline at -130 and won that too. A perfect Week One for the world champion!
Prophet Exchange offers moneyline, spread and total markets for NFL, NBA, NHL, MLB, NCAA Football & Basketball games. They will continue to add new sports and markets as the platform scales.
The Prophet Exchange platform is available on iOS, Android and web in New Jersey.
Latest News
Arizona Department of Gaming Investigation into Illegal Gambling Leads to Record-Breaking Firearms Seizure
Arizona Department of Gaming (“ADG”) Intelligence Agents, with aid from the Arizona Department of Public Safety (âAZDPSâ), successfully concluded an investigation into an alleged illegal gambling operation involving gun raffles in Tucson, Arizona.
This operation resulted in the arrest of two (2) individuals, who face multiple felony charges, and the seizure of four hundred and fifty-two (452) firearms, plus ammunition, firearm accessories, over $4000 in cash, and bank accounts.
âRecord-breaking seizures like this only further highlight the criminal activity that illegal gambling establishments attract when they go unregulated, posing a significant threat to public safety,” said Jackie Johnson, Director of the Arizona Department of Gaming. “I commend the exceptional work of our ADG Intelligence Unit for their unwavering dedication in investigating and addressing illegal gambling activities throughout the state. Their thorough and diligent efforts play a crucial role in protecting the public and ensuring compliance with Arizona’s gaming laws. I also want to extend my appreciation to our partners at the Arizona Department of Public Safety for their vital support during this enforcement operation.”
“I would like to congratulate the Arizona Department of Gaming on this sizable seizure of weapons and ammunition. Thanks to their efforts, two criminals are off the streets, and over 450 firearms are no longer available for criminal use.” Said Colonel Jeffrey Glover, Director of the Arizona Department of Public Safety. “I’m proud of the work done by my agency and we will continue to assist any law enforcement agency that requests our help. Collaboration between agencies in the State of Arizona is stronger today than ever, and the AZDPS will always be dedicated to those continued partnerships.”
Following this recent enforcement action, the Arizona Department of Gaming urges residents to exercise caution when conducting raffles, bingo, or other forms of social, amusement, or charitable gambling to ensure they are in full compliance with the law. ADG takes complaints about illegal gambling seriously. To report suspected illegal gambling activity, visit our website, call (602) 255-3886, or email [email protected]. You can remain anonymous.
Latest News
21VIRAL Integrates Air Dice Group Games
21VIRAL, the Latin American-focused games aggregator and solution provider, has onboarded Air Dice Group’s games portfolio.
21VIRAL, which is creating a streamlined integration, onboarding and transparent pricing in the iGaming casino and game aggregation supply vertical, announced the onboarding of Air Dice Group today.
The distribution deal allows 21VIRAL access to Air Dice’s complete portfolio of content. Air Dice specialises in strategy-influenced money games, which are in high demand across Latin America.
Christoph HĂ€rtel, CEO of 21VIRAL, said: “Our business is customer-first, and building out a great CRX experience is our goal. Having looked at the market incumbents, we decided to specialise in the Latin American market, given its current growth, which is double-digit, and is expected to maintain high levels of growth over the next 5 to 10 years.”
“We have already onboarded several industry-established operators and game providers in record time using AI to facilitate faster and more streamlined workflows. We are, therefore, delighted to work with Air Dice Group to ensure their massively popular games, such as Wild Cash, Coco Craze, and Book of Goddess, are available to our operator’s portfolio of games content.
However, one of the limiting factors, especially if you are an operator or game provider, is the technical integration expertise and market access within the supply chain. If a game provider wishes to have their games deployed on Operator A’s website, but they are yet to be available to that operator, 21VIRAL’s GameConnector will be the provider’s enabler with all the technical integration, heavy lifting, and onboarding. We will also offer reverse integration, which means that we integrate our GameConnector Platform into their systems – therefore, the operators have less effort.
Simply, it’s a win-win, as many game providers in other territories, such as continental Europe, lack the commercial and technical distribution to enter LatAmâwe do all that from themâand the operator gets access to the unique game content in the supply chain that can enhance their players’ engagement and revenue opportunities.â
Rocio Moitino, Director for LatAm, Air Dice Group added: “Latin America has proven to be an expanding and high-growth market for our games content over the last few years, and it continues to increase. We are delighted to increase our market accessibility with 21VIRAL’s team, as they provide faster speed to market to enable operators to access and publish our unique games to their casino lobby in quicker timeframes.”
Latest News
Amusnet Expands Latin American Presence Through Strategic Partnership with bet365 in Peru
Amusnet proudly announces its partnership with bet365 in Peru. This collaboration supports the providerâs broader expansion strategy, reinforcing its commitment to growth within key emerging markets. Both companies are set to capitalize on the increasing demand for high-quality, engaging gaming content across Latin America.
âPartnering with bet365 in Peru represents a significant step in our journey to expand across emerging regions in Latin America. By aligning our strengths with such a respected operator in the industry, we are positioned to solidify our commitment to offering dynamic and engaging solutions that cater to the region’s demands,â said Nikola Georgiev, Senior Sales Manager at Amusnet.
A bet365 spokesperson said:Â âWe are proud to extend our partnership with Amusnet into the Peruvian market. Their combination of slots, perfectly fit bet365âs Games product and they will be a welcome addition for our Peruvian customers.â
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