Are all welcome bonuses the same?
Welcome bonuses are a staple of the online gambling world. As you’ll find in the Hollywood Casino bonus review, operators like to use them. The reasoning is very sound: give the new customer something extra when he opens an account. Not only is it beneficial to the operator (in that they get more business), but the customer also has a better experience as they have something more to play with. Customers get a “thank you for choosing us” from the operator, and in turn, they will show loyalty to the brand.
Prophet Exchange followed this tried and trusted model to give their new customers a fantastic welcome offer. The Prophet Exchange bonus promises to match your first deposit 100% up to $200. That’s quite an offer from the newcomers. They are trying to make a good impression on us, and they are succeeding.
What do you need to know about the Prophet Exchange bonus?
We are sure you cannot wait to hear more about this welcome bonus from the team at Prophet Exchange. We won’t keep you waiting any longer.
Activation and eligibility
Our team had a look at the details, and activation is easy as pie. First, you can go on the Prophet Exchange website, where you will see the Prophet Exchange bonus being advertised. To qualify for the bonus, you must register and sign up for an active Prophet Exchange account. This is the only thing you need to do to activate the bonus. No mention is made of “opt in” buttons or anything else.
Furthermore, you will only be eligible to use the bonus if you are physically in New Jersey. In our Jock MKT bonus review, you’ll see that some online platforms and bonuses are state-specific. Geolocation software is used to determine your location, so you will not be able to get the bonus if you are in another state. Once activated, you can deposit money into your account. First, you can use a wire transfer if you like or use online banking with Trustly, available at all major banks. If you’re near Harrah’s Casino, you can even swing by and deposit at the counter. You will then receive site credits to the same amount you deposited in real money (up to $200) in your Prophet Exchange account.
Any wagering requirements?
Prophet Exchange mentions a 1x wagering requirement on their website. Prophet Exchange wants you to wager all the site credit you received as a bonus. You have to do this within 14 days. Any site credit you didn’t use as a wager on the Prophet Exchange site will be withdrawn from your account within 14 days. That’s all you need to know. You can bet on any sport or league available on the exchange at any odds. It’s all up to you to decide how you want to use the site credit. We love that the Prophet Exchange bonus places no restrictions on you. They only prescribe the 1 x wagering requirement. Please remember that you cannot withdraw the site credit as it can only be used to place wagers on the Prophet Exchange site.
5 important bonus tips for living by
We always like keeping you informed about how to get the most out of your gambling experience. Here are some tips that we think will make your journey more pleasant.
When you receive bonus credits from a welcome bonus, it is easy for the inexperienced gambler to just use them immediately on a wager without thinking twice. Just because you received some bonus credits as you do with this Prophet Exchange bonus, doesn’t mean you need to deviate from your regular betting routine. Keep to your research on the leagues or competitions you like to wager on and make an informed decision. Look at all the upcoming fixtures, results, injuries, and social media like you normally do when making bets. Don’t just throw the extra credits away!
Here is the golden rule and one we want you to take to heart. At Wetten, we take responsible gambling very seriously and would like the best for you. When you gamble as a hobby, set a reasonable budget within which to play. Make a point never to overstep the boundaries and blow your budget, even if you receive a bonus or promotional offer. The Prophet Exchange bonus should be treated the same way. At the beginning of the month, calculate what you can spend on gambling and stick to it. Never wager more than you can afford to lose. If you stick to this rule, you will get the most enjoyment out of your hobby!
Another top tip is to keep a diary of when you want to make some bets. When receiving a welcome bonus or promotional offer, it is a good idea to do this as these most likely have time limits. You will forfeit the credits if you do not fulfill a particular wagering requirement within this time limit. The same goes for the Prophet Exchange bonus, as it has a time limit of 14 days. Set reminders on your phone to alert you a few days before to ensure you still have enough time to think through your wager. No one likes to be rushed when betting.
Get into the details of the bonus
This part could get a bit boring, but it can also spare you lots of regrets. Here, you will have to do some “work,” and in work, we mean read. Before signing up for a welcome bonus or promotion, read through the terms and conditions to unearth any hidden requirements or criteria. We did this for you with the Prophet Exchange bonus, so you don’t have to. However, it is still a good habit to learn when gambling, as some operators are crafty, which means the bonus is not all it’s cracked up to be.
The last little tip we would like to leave with you is to try and envision the bonus or extra credits as your cash. Do not see it as a gift the operator gives you just to throw away. Imagine as if it was a deposit you had made from your bank account. This will automatically force you to be more careful with the credits when placing any bets. If you learn this mentality, you will most surely make the most of the Prophet Exchange bonus or any other bonus.
What would you like to know?
We know. You want to ask some questions about the Prophet Exchange bonus. We’ve even thought of this for you and compiled some questions of our own.
How much do I have to deposit to qualify?
This is why it is essential to read your t’s and c’s before accepting any promotional or bonus offer. This is crucial information that you need to know beforehand. Luckily, the Prophet Exchange bonus makes it easy for you. You can deposit any amount of your liking. Anything from $1 up to $1000 or more. However, they will only match you up to $200. This bonus is great for beginners, who can start with a smaller amount and still qualify. It truly is a welcome offer for all players.
When do I lose my site credits?
As with other bonuses, there are specific time limits. Good idea to keep this in mind, so you don’t get penalized. The website mentions that any site credits you failed to wager within 14 days will be withdrawn from your account. It means you have two weeks to use these bonus credits from the Prophet Exchange bonus before it disappears. You won’t lose any other site credits you’ve used for wagers.
What happens if I don’t live in New Jersey?
According to the Prophet Exchange website, they are set to launch their operations in New Jersey. Each state has different laws regarding online gambling, and most also have an independent gambling authority where the operators are regulated and licensed. At this moment, you will only be eligible for the Prophet Exchange bonus if you are physically in the state of New Jersey. Geolocation software is typically used to check the location of a user. Using Prophet Exchange outside New Jersey is impossible, but we are sure they will quickly expand their operations to other states soon.
Do I have to play in a specific league?
Some promotional offers or bonuses require you to make wagers on a specific sport or league. Some will even require you to play on certain days. The Prophet Exchange bonus, however, is quite simple in its execution. Prophet Exchange has kept things simple. They have not placed any restrictions on the sport, league, or day you must make a wager. Also, true to their model, you can make any odds or bet on any odds. Again, this makes the platform and bonus accessible to even inexperienced players.
How long before I can withdraw my money?
Now you’ve made your deposit and received your site credits. What are the rules for withdrawal here? Just because you have activated the Prophet Exchange bonus does not mean you cannot withdraw the real money you deposited. If you need to get your real cash, you can make a withdrawal of this cash at any time. This is fantastic news. Prophet Exchange has not placed any restrictions on your actual money. Remember, it is only the site credits that you cannot withdraw, as you must use them on the website for wagers.
Refer a friend and get rewarded
We found something interesting when combing the Prophet Exchange website, and we thought you would like to know. As our
Pulsz bonus review
shows, we don’t just look at the bonuses.
The referral program
Prophet Exchange is also running a fantastic program where you can refer a family member or friend to the operator and get some rewards for doing so. How does it work? Easy. You send a link to another person, which allows them to open an account with Prophet Exchange. If this person does open the account, you and the other person will receive $50 worth of site credit. It is a great little incentive for you to play marketer.
The Prophet Exchange bonus is the perfect starter kit
After our Prophet Exchange bonus review, we can safely say that the Prophet Exchange bonus offer is well worth a try. Easy registration and sign-up make it hassle-free for you to activate the bonus. You can begin small. You don’t have to deposit hundreds of dollars (though you can). Prophet Exchange gives you enough time to make your bets safely, and you can bet on whatever you want to on the Prophet Exchange. Go for it!
New Jersey’s newest welcome bonus!
Look no further than the Prophet Exchange New Jersey offer if you want an excellent deal. There is no reason to pass it by, since registration and activation are easy. The Prophet Exchange New Jersey bonus gives you 100% of your deposit up to $200.
