ProphetX promo
predictionpublic offerCA
Trade $50, Get $75
The real math
verified 2026-10-17| Minimum deposit | $50 |
|---|---|
| Playthrough | — |
| Bonus expiry | — |
| Minimum age | — |
| California | YES |
| Estimated cash value | $52 |
Sign up
Sign upPublic offer — no referral attached. Terms verified 2026-10-17.
Terms change fast — verify in the app before claiming. Full terms: Trade $50, Get $75 in Trading Bonus (3x $25 installments). CFTC DCM + DCO. All US except NV.
Their record
What this company has been in trouble for, and how the business works. Lawsuits describe allegations in complaints — not findings of liability.
Legal trouble
- 2026-06 — CFTC designated ProphetX a Designated Contract Market and registered it as a Derivatives Clearing Organization — first sports-native prediction exchange under direct federal oversight — Approved; operating in 48 states (excl. NV, MN). source
How they get you
- Operated a dual-currency sweepstakes model (Prophet Points / Prophet Cash) before June 2026 CFTC approval — two-currency confusion now superseded by regulated exchange Shrouded pricing (historical). source
Named mechanism = the behavioral trick each practice runs on.
Money & lobbying
- Raised $35M (Sept 2026) led by Parlay Capital + Data Point Capital; 2% commission on net winnings only; founders Dean Sisun and Jake Benzaquen (Vanderbilt); B2B push (Pikkit, Players' Lounge partnerships).