ProphetX Review 2026
The sports-first prediction market, CFTC-licensed in 49 states plus D.C. — trade $50, get $75 with code NYPREDICTS.
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Sign up at ProphetX (opens in a new tab)
Use code NYPREDICTS Trade $50, Earn $75!
21+ · T&Cs apply · Terms
New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.
On this page
Promo code NYPREDICTS — trade $50, get $75. Sports-first, CFTC-licensed and available in 49 states plus D.C. (not Nevada), New York included.
Sports contracts
Peer-to-peer pricing
New Yorkers who want game-day markets
Founder & Editor-in-Chief
New trader offerTrade $50, Get $75
ProphetX is your sports prediction market — same moments, bigger payouts. Sign up with code NYPREDICTS, trade $50 and get $75 in credit. New traders only.
- Available in 50 US jurisdictions, New York included
- 21+ · New traders only · CFTC-licensed, sports-first
- 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
New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.
ProphetX · Trade $50, Earn $75!
NYPREDICTS
New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.
Last checked October 21, 2026
(opens in a new tab)Our verdict
The short answer on ProphetX
ProphetX is our #2 pick and the best sports-first option for New Yorkers: CFTC-licensed and live in 49 states plus D.C., peer-to-peer pricing, and $50 traded unlocks $75 in credit. Skip it if you want politics or macro markets.
What changed October 1, 2026 — corrected the funding section to the current offer (trade $50, get $75 with code NYPREDICTS). September 30, 2026 — availability corrected to 49 states plus D.C.; ProphetX is not available in Nevada.
Scorecard
How it scores
4.3 Overall / 5
New York access
5.0Cost clarity
4.5Market depth
4.0App & UX
4.5Funding & payouts
4.0Support & docs
4.0
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.
What it is
A clear-eyed look at ProphetX
ProphetX is a sports-first 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 in 49 states plus D.C. You trade Yes/No contracts on games against other traders, and prices come from the order book rather than a house line.
Who it's for
Best fit for…
- Sports contracts
- Peer-to-peer pricing
- New Yorkers who want game-day markets
Why New Yorkers may care
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.
Pros
- CFTC-designated contract market since June 11, 2026. New York status: Available, dispute pending.
- 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.
Watchouts
- Built around sports — check the app for other markets, or use Kalshi or Polymarket for politics, Fed prints and culture markets.
- It is a young exchange, so depth on niche contracts varies by event.
Fit check
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.
Money in, money out
Funding, withdrawals and verification
- Deposits
- Deposit in dollars from the app or the web. Trading $50 in contracts unlocks the $75 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+.
Getting started
How to get started on ProphetX
Open ProphetX with code NYPREDICTS
Tap the Trade $50, Get $75 button on this page to open ProphetX through our link. Works on iPhone, Android and desktop.
Create your account and verify
Register and complete identity verification. 21+ only, and you can do all of it from inside New York.
Enter promo code NYPREDICTS
Add the code at signup so the new-trader offer is attached to your account.
Trade $50 to unlock $75
Deposit, then trade $50 in sports contracts. ProphetX credits eligible new traders $75.
Availability & terms
ProphetX is now available in 49 states plus D.C. (every state except Nevada), New York included. Sign up with code NYPREDICTS, trade $50 and ProphetX credits you $75.
See state-by-state availability →Methodology
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 updated: October 1, 2026. Product terms and promo eligibility can change without notice — always confirm on the platform before depositing.
Alternatives
If this one isn't for you
FAQ
Sources & references
Frequently asked questions
Is ProphetX legal in New York?
Available, dispute pending (as of October 3, 2026). The CFTC approved ProphetX in June 2026 as a designated contract market and clearing organization, so it operates under federal commodities law rather than state gaming law. New York is one of the 49 states plus D.C. where you can trade.
What is the ProphetX promo code?
The ProphetX promo code is NYPREDICTS. Enter it at signup through our link, trade $50 in contracts and ProphetX credits you $75. New traders only, 21+.
Is ProphetX still a sweepstakes app?
No. ProphetX retired the sweepstakes model after its CFTC approval in June 2026. It's now a real-money, federally regulated prediction market where you deposit dollars and trade event contracts.
What can I trade on ProphetX?
Sports only — NFL, NBA, MLB, NHL, college games, soccer and combat sports, including game outcomes and player markets. There are no politics, economics or culture contracts; for those, use Kalshi or Polymarket.
ProphetX vs Kalshi vs Polymarket for a New Yorker?
ProphetX is the sports specialist and is our #2 pick — trade $50 and get $75. Polymarket is #1 for depth on global news. Kalshi is #3 and the broadest all-device option for politics and macro. All three accept New Yorkers today; New York is suing Kalshi and Polymarket, and those cases are pending. Plenty of traders keep accounts on more than one.
How does peer-to-peer trading work on ProphetX?
Every contract needs a trader on the other side, so your price comes from other users rather than a house margin. That's the structural reason a prediction market can pay out differently on the same moment you'd otherwise be watching passively.
How do I claim the ProphetX trade $50, get $75 offer?
Open ProphetX via the CTA on this page, create a new account, enter code NYPREDICTS at signup, complete identity verification, deposit, and trade $50 in contracts. The $75 credit is issued to eligible new traders.
Does ProphetX work on Android and desktop?
Yes. ProphetX runs on iPhone, Android and the web.
How do withdrawals work on ProphetX?
You withdraw to the payment method you funded with, after identity verification clears. Expect a standard bank-transfer timeline; the first withdrawal usually takes longest because verification has to complete first.
Already have ProphetX? Add a second app
- Polymarket US: Deposit $10 get a $25 Trading Bonus! (code
NYPREDICTS) · 49 states + D.C. Claim on Polymarket US (opens in a new tab)
18+ Only. Restrictions and eligibility requirements apply. Not available in all jurisdictions. Trading is risky. 100% loss can occur. See polymarket.com/tos for more information. The Polymarket US App serves as an independent software provider and affiliate of Polymarket US and Polymarket Clearing, the CFTC-regulated exchange and clearing organization. - OG: Trade $25 Get $50 in Rewards! (New users only) (code
NYPREDICTS) · 42 states + D.C. Claim on OG (opens in a new tab)
Paid partnership with OG. Terms and conditions apply. Trading derivatives involves risk and may not be appropriate for all. Availability subject to jurisdictional limitations. For more information, visit: OG.com.
21+ · T&Cs apply · Terms
New users only. T&Cs apply. ProphetX's minimum age is 18 (or the local age of majority if higher); we recommend 21+. Not available in Nevada. Trading involves risk.