ProphetX Review 2026
The sports-only prediction market, now CFTC-licensed nationwide — trade $10, get $20 with code NYPREDICTS.
Promo code NYPREDICTS — trade $10, get $20. Sports only, CFTC-licensed and available nationwide, New York included.
Updated
New trader offerTrade $10, Get $20
ProphetX is your sports prediction market — same moments, bigger payouts. Sign up with code NYPREDICTS, trade $10 and get $20 in credit. New traders only.
Trade $10, Get $20 on ProphetX- Available nationwide in 50 US jurisdictions, New York included
- 21+ · New traders only · CFTC-licensed, sports only
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- D.C.
- Delaware
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Subject to regulatory approval. Limited time offer. T&Cs apply. 21+. New traders only. Restrictions and eligibility requirements apply. Event contract trading involves significant risk and is not appropriate for everyone. Please carefully consider if it is appropriate for you in light of your personal financial circumstances. ProphetX products are not available in all jurisdictions.
The short answer on ProphetX
ProphetX is our #2 pick and the best sports-only option a New Yorker can legally trade: CFTC-licensed nationwide, peer-to-peer pricing, and $10 traded unlocks $20 in credit. Skip it if you want politics or macro markets.
What changed September 2, 2026 — first review: ProphetX is live nationwide as a CFTC-licensed sports prediction market, with a trade $10, get $20 offer using code NYPREDICTS.
Trade $10, Get $20 on ProphetXHow it scores
- 5.0New York access
- 4.5Cost clarity
- 4.0Market depth
- 4.5App & UX
- 4.0Funding & payouts
- 4.0Support & docs
Editorial scores out of 5, set by our reviewer — not a lab test. We weight New York access heavily because that's the first question a reader here asks.
A clear-eyed look at ProphetX
ProphetX is a sports-only prediction market that the CFTC approved in June 2026 as both a designated contract market and a clearing organization. That approval retired its old sweepstakes model and turned it into a federally regulated exchange available nationwide. You trade Yes/No contracts on games against other traders, and prices come from the order book rather than a house line.
Best fit for…
- Sports contracts
- Peer-to-peer pricing
- New Yorkers who want game-day markets
The NYC angle
New Yorkers have spent years watching sports apps stop at the state line. ProphetX doesn't: it's federally regulated, so a Jets contract prices the same in Astoria as it does in Austin.
- CFTC-licensed as both an exchange and a clearing house since June 2026 — legal in New York.
- Peer-to-peer: you trade contracts against other users, not against a house.
- Sports-native depth — NFL, NBA, MLB, soccer and fight nights, including player markets.
- Sports only. No politics, no Fed prints, no culture markets — use Kalshi or Polymarket for those.
- It is a young exchange, so depth on niche contracts varies by event.
Who it's for
Who it's for
- Sports fans who want a price on the game rather than a house line.
- New Yorkers who want a legal, federally regulated venue for game-day contracts.
- Traders who like peer-to-peer pricing and want to exit before the final whistle.
Who should skip it
- Anyone who wants politics, Fed or culture markets — that's Kalshi or Polymarket.
- Traders who expect deep books on obscure college matchups.
- People unwilling to complete full identity verification.
Funding, withdrawals and verification
- Deposits
- Deposit in dollars from the app or the web. $10 of trading volume unlocks the $20 new-trader credit.
- Withdrawals
- Withdraw back to your linked payment method once verification clears. Allow a business day or two, longer for the first request.
- Identity checks
- Full identity verification is required, as it is at any CFTC-regulated exchange. 21+.
How to get started on ProphetX
- 1Open ProphetX with code NYPREDICTS
Tap the Trade $10, Get $20 button on this page to open ProphetX through our link. Works on iPhone, Android and desktop.
- 2Create your account and verify
Register and complete identity verification. 21+ only, and you can do all of it from inside New York.
- 3Enter promo code NYPREDICTS
Add the code at signup so the new-trader offer is attached to your account.
- 4Trade $10 to unlock $20
Deposit, then trade $10 in sports contracts. ProphetX credits eligible new traders $20.
ProphetX is now available nationwide, New York included — 50 US jurisdictions in total. Sign up with code NYPREDICTS, trade $10 and ProphetX credits you $20.
See state-by-state availability →How we reviewed ProphetX
We test ProphetX the way a New Yorker actually would: sign up from a NY IP, verify identity, fund the account, place real trades on live markets, and track the offer through to settlement. Editorial coverage is written by Catie Di Stefano and reviewed against the platform's official terms, its US regulator (CFTC, state DFS regulators, or applicable sweepstakes framework), and independent reporting. We publish fee language only when it's verifiable on the platform's official schedule, and we flag anything that changed since our last update.
Affiliate disclosure · Last reviewed . Product terms and promo eligibility can change without notice — always confirm on the platform before depositing.