ProphetX promo code: Use CBSSPORTS to trade $40, get $40 in Incentive Funds

The ProphetX promo code CBSSPORTS offers new users $40 in incentive funds after completing cumulative qualifying trades of at least $40. This prediction market platform specializes in sports event contracts. On this page, we'll explain how to sign up using the ProphetX bonus code, how the ProphetX platform works, and provide a ProphetX review. Tap here to get your ProphetX $40 incentive funds with code CBSSPORTS. 

ProphetX promo code details

The latest ProphetX promo code offers new, eligible users a $40 trading bonus after making a first-time deposit and placing $40+ in trades. Here are the details: 

New users must be 18+ and physically located in any state (including DC) besides NV and UT, but you don't have to be a legal resident of the state you're present in. Visit our legal sports prediction markets page for state-by-state tracking and to learn more about how prediction markets operate at a federal level regarding licensing. 

To trigger Incentive Funds, complete $40 in trades within 30 days of opening your account to receive $40 in credits. The first bonus payment is $10 and must be played through to receive the second and third bonuses, bringing the total to $40. Incentive Funds is the term ProphetX uses for bonus trading credits. When issued, you will see these credits under Promotional Balance in your account details.  

Pay attention to the following terms and payout schedule to claim your bonus.

Bonus Payout Schedule

• Initial $10 trading credit credited on Day 1

• Subsequent $10 trading credit issued on Day 8

• Final $20 trading credit provided on Day 15

• All bonuses must be traded through in full to receive the next bonus allotment. 

Use the ProphetX promo code CBSSPORTS to unlock a $40 welcome bonus: 

ProphetX Key Terms

• User Eligibility: Exclusively for new customers with an approved and verified trading account.

• Aggregate Trade Requirement: Participants must place one or more trades totaling at least $40 in cumulative value.

• Qualifying Window: All necessary trades must be successfully executed within 30 days of initial account opening.

• 7-Day Trade-Through Rule: After the first $10 installment is credited on Day 1, the full amount of those bonus credits must be used in trades within 7 days to unlock the second installment on Day 8. Then, the second $10 installment must be used in trades within 7 days to unlock the third installment on Day 15.

• Qualifying Actions: Only specific trades that open a new position contribute toward the $40 requirement.

• Installment Forfeiture: If you don't meet the trade-through requirement, you'll lose any remaining bonus installments.

• Bonus Validity Period: Bonus credits expire 45 days after they are issued.

• Fund Restrictions: Incentive Funds cannot be withdrawn and can only be used to open new trade positions.

• Withdrawal Terms: Proceeds from successfully settled trades using these funds are fully withdrawable.

How to sign up for ProphetX

Signing up for ProphetX prediction markets is straightforward. Follow this step-by-step process to claim the ProphetX promo offer:

1. Be 18+ and located in a ProphetX-eligible state.

2. Tap one of the CLAIM BONUS buttons on this page, and register for a new account with ProphetX promo code CBSSPORTS. 

3. Provide the required ID verification information, such as full name, date of birth, address, email and Social Security. 

4. After providing credentials, you'll have to verify your identity to complete registration and claim the ProphetX welcome offer.

5. After registering, make a deposit by choosing one of the available payment methods. 

6. Once funds are received, you can begin trading on sports using the ProphetX prediction markets platform.

7. Make trades totaling at least $40 within 30 days and receive a $40 trading bonus over 15 days.

ProphetX sports event contract trading is available in most states, including California prediction market apps. 

How ProphetX markets work

ProphetX markets are peer-to-peer exchanges where you're trading yes/no contracts directly against another person. Any position that you take will pit you against another user who has taken the opposite position. 

Let's use an NFL prediction markets example to further explain. If you purchase a $100 position that San Francisco is going to win a football game against Dallas, you'll be playing against another party or parties (dependent upon liquidity) who are predicting that Dallas will win. ProphetX then determines the winner using official league data and statistics, with most markets settling at the end of the event.

• If San Francisco is $0.55 per YES event contract to win the game, and San Francisco does win, each contract pays out at $1 for a profit of $0.45 per contract. 
• If San Francisco loses the game, you lose the entire $0.55 per YES event contract. 

Visit our how prediction markets work page to learn more about how to trade.  

Because you're trading against your peers and not betting against a traditional sportsbook, fees for sports prediction market apps are often considerably lower. ProphetX, for instance, charges a 2% fee on net gains for straight trades and a 0% fee on combination plays. ProphetX also allows you to create your own orders to set your own pricing, though another user must agree to your terms before a trade is official.

ProphetX markets vs. regular sportsbook odds

ProphetX markets are structured differently than sportsbooks, because you're trading against your peers instead of the house. That generally means different mechanics, but the one downside is that liquidity is often an issue. 

Traditional online sportsbooks like FanDuel Sportsbook have practically unlimited resources that allow them to match massive wagers, while sports prediction markets can only guarantee pricing up to certain dollar amounts based on how much money is in the market at the stated price. For newer sites like ProphetX, that can lead to significant trading limitations.

ProphetX Liquidity
That said, ProphetX does a great job of showing you the liquidity available in markets upfront. It tells you the largest possible trade it can satisfy, displayed directly above each position listed on its main trading page. For example, if you want to trade Los Angeles to win, ProphetX tells you the maximum amount you can trade. If your order exceeds that number, it creates a new standing order, giving another user a chance to fill the opposing side of the trade.

Three Popular ProphetX markets

• Some competitive, niche markets: In addition to the standard major leagues, ProphetX has strong liquidity presence in golf markets, with volume comparable to much larger operators, like Kalshi.

• Player-related trades: Trade on statistical outputs of individual players within a designated game or season

• Combo exchanges: Customize peer-to-peer multi-leg contracts

Other ProphetX features

• Make your own orders: Create your own pricing and wait to see if other users will match your trade 

• Real-time live trading: Trade in real-time on live sporting events

• No limitations for winners: Top online sportsbooks can and will restrict access to accounts for long-term profitable users, but ProphetX places no restrictions on profitable traders

• Friend referral bonus: Refer other users to ProphetX for a "give $25, get $25" referral bonus

Featured market: Jaguars vs. Ravens

Trevor Lawrence and the Jacksonville Jaguars head to Baltimore for Thursday Night Football. The Ravens look to keep their season afloat after losing Lamar Jackson due to injury. Here are the prices for the game on ProphetX as of Thursday morning:

• Jacksonville Jaguars: Yes ($0.82)
• Baltimore Ravens: Yes ($0.19)

ProphetX app review

Founded in 2018 in the UK, ProphetX originally launched in the United States with a sweepstakes model before transitioning to its current format. ProphetX offers a desktop site and apps on Apple and Android for its sports prediction market. The pricing features prominent displays for high-profile events that allow you to quickly build your trades. The app design is similar in look to the Sleeper Fantasy app, and all offerings are currently sports-focused.

Offerings are strong for major sporting events and leagues, but liquidity can sometimes be an issue, which is common of all relatively new and/or low-volume platforms. However, ProphetX does a solid job of telling you exactly how much liquidity is available at certain price points directly above trading buttons. You can also create your own orders and pricing. The tabs on the home page are somewhat disorganized, but the search function is displayed at the top of the screen at all times, and it's easy to find the events that are listed. 

Here's a breakdown of the ProphetX app and site.

User interface

The ProphetX app will be relatively intuitive for those with experience in sports markets because it features straightforward buttons and navigation that let you start trading right away. 

You simply click your desired action, enter a trade amount, and execute, but you'll need to be aware of the liquidity for the given markets. Luckily, ProphetX provides real-time data showing three levels of liquidity, along with detailed market information.

Home screen layout/finding markets 

During major events, you'll find markets listed prominently. But during slower times on the sports calendar, the organization of the app's league tabs can feel somewhat disjointed. Still, the search function is readily available at the top of every page, allowing you to proactively locate the markets you're looking for.

App design, speed, functionality

It's especially easy to get started on the ProphetX app, and the learning curve is minimal if you're still new to the industry and sports events contracts. Buttons are responsive, and trades are simple to execute, with clear indications of what you're trading, how much liquidity you have to play with at certain price points, and what you stand to gain with a successful trade.

ProphetX App vs. Desktop site

The ProphetX app and ProphetX desktop site are virtually indistinguishable from each other, as the colors and buttons are the same on both platforms. The app gives you the ability to trade on the go, while the desktop site gives you a broader visual of available trading options. Both also offer real-time market information to make informed decisions.

ProphetX App Store reviews (as of November 5, 2026)

ProphetX deposit and withdrawal methods

ProphetX deposits and withdrawals are fee-free, and there are plenty of ways to fund your account, including secure online banking via Aeropay and Trustly, plus Visa, Mastercard and most debit/prepaid cards. The minimum deposit is $10, but you'll need to deposit at least $40 to qualify for the welcome offer highlighted above.

You can also use cash retail via PayNearMe. Meanwhile, withdrawals can be made for anything over $1, but the only available options are online banking transfers, paper checks or wire transfers. Here's a list of the ProphetX deposit and withdrawal options.

Deposit/Purchase Methods:

• Cards: Visa, Mastercard and other general debit/prepaid cards.

• Bank Transfers: Secure transfers via Trustly and Aeropay.

• Cash Retail: Load money in person via PayNearMe.

Withdrawal/Redemption Methods:

• Bank transfers: Via Aeropay.

• Personal check: Receive paper checks via mail.

• Wire transfers: Direct wire transfer for larger balances moving straight to your bank via Aeropay.

Debit card or online banking transfers are the easiest and fastest prediction market payment methods we found in testing ProphetX deposit and withdrawal options. 

ProphetX Customer Support

The ProphetX help center offers several pages designed to help you quickly navigate to general information, a detailed explanation of multi-contract offerings, a basic description of its markets and offerings, account information, payment information and responsible trading materials. They also provide a search function that allows you to comb through available information. You can also submit a written request directly to ProphetX or reach them on their hotline at 1-570-707-7912.

Responsible Trading

Prediction market trading should be used for entertainment purposes in a fun, responsible manner. Trading is risky and involves a risk of loss; always trade responsibly. 100% loss can occur. Concerned about your trading behavior? Call or text 1-800-MY-RESET.

Responsible Trading toolkits on ProphetX include these built-in controls for every trader:

• Deposit Limits

• Trading Breaks

• Self-Exclusion

• Close Your Account

ProphetX also offers additional resources through Birches Health if you believe your trading may be a problem. For more information, visit the ProphetX Responsible Trading section in the main menu after logging into your account.  

ProphetX Final Verdict

The ProphetX app is intuitive, and the learning curve is still gentle for beginners. Liquidity is an issue for most sports prediction market startups, but ProphetX turned a common weakness into a strength by prominently displaying available liquidity. The banking options are somewhat limited, but all transactions are secure, and its status as a CFTC-licensed exchange should give users confidence. 

Pricing is market-driven, and users can also set their own pricing by creating their own orders, though another user must accept the opposing side of your trade before your order is filled at your desired price.

Ultimately, there are a few things that ProphetX still can improve. Limited withdrawal methods put it at a significant disadvantage against major players like Kalshi and Polymarket that offer an abundance of deposit and withdrawal options. ProphetX is also mostly limited to mainstream sports and lacks volume for smaller sports, like college basketball, and for prop markets.

The ProphetX trade $40, get $40 trading credits offer with ProphetX promo code CBSSPORTS is in line with industry standards. However, the Polymarket promo code offers its bonus without any trading required, and the Kalshi promo code offers a smaller overall welcome bonus. 

ProphetX FAQ

What is ProphetX?

ProphetX is a CFTC-regulated sports prediction market that is currently operational in all states except Nevada. It's a peer-to-peer exchange that recently shifted from a sweepstakes model to a real-money prediction market where you trade directly in cash. It's 100% sports-focused at the moment.

What is the ProphetX promo code?

New, eligible users can trade $40+ on ProphetX and receive a $40 trading bonus. New, eligible users can register with promo code CBSSPORTS at sign-up to unlock this offer. 

What states is ProphetX in?

ProphetX is currently available in all states (except Nevada).

Can you combo on ProphetX?

Yes, you can create peer-to-peer multi-outcome trades on ProphetX, and as an added benefit, combo trades are not subject to any commission on net winnings, unlike ProphetX's standard trades. All combination trades placed are subject to the Sports Prediction Rules that apply to each sport that relates to any leg of any combo trade. ProphetX also reserves the right, in its sole discretion, not to accept certain combos or to scale back stakes.

How does ProphetX work?

As a peer-to-peer, sports-focused prediction market, you'll be trading yes/no event contracts directly against other sports traders on ProphetX. All trades are subject to liquidity within the given market, meaning you can only satisfy existing orders at the contracted price point. However, you can also provide your own liquidity and set your own contract price, though any trading will be subject to another user accepting your contracted terms.

Trading involves substantial risk of loss and is not suitable for everyone. Past performance is not indicative of future results. Participation in prediction markets is subject to applicable eligibility requirements. Availability may be restricted or prohibited in certain jurisdictions and participants are responsible for ensuring their participation complies with applicable laws and regulations in their jurisdiction. Prediction market content is not intended for individuals located in jurisdictions where they are prohibited. See the NCPG's Financial Trader Health and Safety Initiative for more information.