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Prophet Exchange’s launch last month in New Jersey was the first step in revolutionizing the sports betting experience in the US; its imminent arrival in Ohio takes it one step further.
Using Prophet Exchange—the first peer-to-peer exchange of its kind in the United States— bettors in Ohio will benefit from better odds and bigger profits than they would experience at traditional sportsbooks. It already has the best odds in New Jersey and is set to bring its superior price advantage to Ohio.
Sportsbooks such as BetRivers are coming in hot for the current 2022 college and pro football season. Further, the MLB Playoffs, NBA, and NHL regular seasons are all underway and coming in hot with action available now. This is the best time of year for sports betting activity in overdrive. Check out their DAILY specials and bonuses today!
Sports betting in Ohio officially begins on January 1, 2023, with Prophet Exchange aiming to offer bettors a superior alternative to existing US operators in the first half of 2023. Prophet Exchange will mark its arrival in the Buckeye State with a partnership with the Columbus Blue Jackets.
Prophet Exchange acts as an intermediary while taking no risk and allows users to set prices or place bets on prices already established by other users. 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. The exchange then passes this unique benefit directly to the customer by offering better prices.
For instance, on Monday Night Football in Week 4, Prophet Exchange offered the Rams at +116 and the 49ers at -117. In comparison, Sportsbooks had the Rams at +105 and the 49ers at -125. This is just one example of many highlighting the excellent prices on Prophet Exchange compared to a traditional operator.
In addition to offering unbeatable prices on NFL games, Prophet Exchange offers moneyline, spread, and total markets for NBA, NHL, MLB, and NCAA Football & Basketball games.
“After our hugely successful debut in our home state of New Jersey, we are thrilled to bring the exchange betting model to Ohio,” says Prophet Exchange Co-Founder and CEO Dean Sisun. “Although commonplace in markets like the UK, exchange betting is a brand new concept in the United States—and our expansion is another big step in our mission to become the mainstream sports betting platform in the country.”
Prophet Exchange launched in New Jersey in August 2022, making an immediate impact by offering customers better prices on every team in the opening weeks of the NFL season.
“Ohio is set to become one of the biggest sports betting markets in the nation, so we are delighted that bettors will be able to take advantage of our superior pricing in the new year,” says Prophet Exchange Co-Founder and COO Jake Benzaquen. “We’re also very excited to partner with the Columbus Blue Jackets, whose major league pedigree will bring greater attention to exchange betting and help Ohio bettors make more money from their wagers than they would with traditional sportsbooks.”
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