ProphetX States
ProphetX is a legal, legitimate prediction market app available in all U.S. states except Nevada.
Deposit & Withdrawal Methods
Payout Speed
Up to 48-72 hours
ProphetX operates as a federally regulated sports-native prediction market app after receiving CFTC approval to register as both a Designated Contract Market and a Derivatives Clearing Organization. That means ProphetX is no longer only a sweepstakes exchange. Its real-money event contracts now fall under the federal derivatives framework, rather than the usual state-by-state sportsbook licensing model.
As a CFTC-regulated prediction market platform, ProphetX is available in all U.S. states except Nevada.
Users on ProphetX can trade sports event contracts in a peer-to-peer format, with prices determined by market activity rather than odds set by a sportsbook. The platform retains the same trading-first ethos from its original Prophet Exchange days but now operates under a CFTC-regulated structure.
The legal picture around sports prediction markets is still developing. Some states continue to push back on sports event contracts, arguing they look too close to sports betting. ProphetX’s CFTC approval provides a stronger federal framework, but state-level pressure on sports markets remains the main area to watch.
I covered that broader shift in a separate guide if you want a closer look at how the rules are changing.
Your trade on ProphetX only goes through if another user is willing to take the other side at your price. That structure is a big part of what separates ProphetX from a regular sportsbook, where you are betting against the house.
ProphetX State Availability Overview
Here’s a state-by-state look at where PropheX is available.
| state | availability |
|---|---|
| Alabama | ✅ Yes |
| Alaska | ✅ Yes |
| Arizona | ✅ Yes |
| Arkansas | ✅ Yes |
| California | ✅ Yes |
| Colorado | ✅ Yes |
| Connecticut | ✅ Yes |
| Delaware | ✅ Yes |
| District of Columbia | ✅ Yes |
| Florida | ✅ Yes |
| Georgia | ✅ Yes |
| Hawaii | ✅ Yes |
| Idaho | ✅ Yes |
| Illinois | ✅ Yes |
| Indiana | ✅ Yes |
| Iowa | ✅ Yes |
| Kansas | ✅ Yes |
| Kentucky | ✅ Yes |
| Louisiana | ✅ Yes |
| Maine | ✅ Yes |
| Maryland | ✅ Yes |
| Massachusetts | ✅ Yes |
| Michigan | ✅ Yes |
| Minnesota | ✅ Yes |
| Mississippi | ✅ Yes |
| Missouri | ✅ Yes |
| Montana | ✅ Yes |
| Nebraska | ✅ Yes |
| Nevada | ❌ No |
| New Hampshire | ✅ Yes |
| New Jersey | ✅ Yes |
| New Mexico | ✅ Yes |
| New York | ✅ Yes |
| North Carolina | ✅ Yes |
| North Dakota | ✅ Yes |
| Ohio | ✅ Yes |
| Oklahoma | ✅ Yes |
| Oregon | ✅ Yes |
| Pennsylvania | ✅ Yes |
| Rhode Island | ✅ Yes |
| South Carolina | ✅ Yes |
| South Dakota | ✅ Yes |
| Tennessee | ✅ Yes |
| Texas | ✅ Yes |
| Utah | ✅ Yes |
| Vermont | ✅ Yes |
| Virginia | ✅ Yes |
| Washington | ✅ Yes |
| West Virginia | ✅ Yes |
| Wisconsin | ✅ Yes |
| Wyoming | ✅ Yes |
Our Other ProphetX Guides
