Prophet Exchange peer-to-peer sportsbetting service debuts in New Jersey
Only a short time after being licensed by the New Jersey Division of Gaming Enforcement and the Prophet Exchange-branded peer-to-peer sportsbetting service has reportedly gone live for sports wagering aficionados in ‘The Garden State’.
According to a Monday report from the business news portal at NJBiz.com, the exchange was established in 2018 as the first enterprise of its kind in the United States and allows patrons to take advantage of a pricing model that does not include the ‘vig’ often charged by more traditional online sportsbetting domains. The Hoboken-headquartered service purportedly detailed that it has been designed to act as an intermediary in allowing users to establish their own prices or place unique bets on rates that have already been set by other competi…