Jake Benzaquen
@jakebenzaq
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@PlayProphetX co-founder Join our Discord! https://t.co/S0R5GV6tvZ
New York, USA
Joined May 2014
Currently some unprecedented action coming in on the Houston Texans +9.5 and +10.5 today at @ProphetExchange. Allow me to explain👇.
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This is what happens when you have a monopoly. @HardRockBet offering -115 on an SGP where each of the individual legs are… -115. Disgusting.
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We have already seen ~$500k of matched volume on these positions, and will continue to offer the best prices and high liquidity for the New Jersey arbitrage community. Here @ProphetExchange we don't limit and encourage arbitrage. Best of luck to everyone out there today.
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As a result of this position, the @ESPNBet trading team made an interesting move🧠. They decided to BOOST:. Ravens -9.5 to +110.Ravens -10.5 to +140. Boosts are a normal part of sportsbook operations, however, these boost had NO LIMIT. Users can bet up to $2.5m on each of.
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This morning @ESPNBet took a lot of action on the Houston Texans. We think this might be @MattressMack related, but are not sure. This built up an enormous liability for ESPNBet, who now will be rooting very hard for the Ravens to cover -9.5, so their users bets lose.
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The reason a customer can get $150 down at PointsBet is because they do not price shop. This is 100/1 at FanDuel. A little effort goes a long way in building your bankroll. Always bet the best price…and if not, PointsBet will take your action!.
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Would love to share some numbers here to shoutout the entire @ProphetExchange team and their hard work over the last year. On this completely dead Wednesday night, where my only personal bets are on WNBA props (s/o @UnabatedSports), we have taken ~$400,000 in volume, so far.
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.@ESPNBet @PENNEntertain let's make a deal whenever you're over levered. You continue to post no-limit boosts on main markets until your liability is covered, and we'll kick back some revenue on the total handle during that period?. Sounds like a win win to me. DMs are open!.
Currently some unprecedented action coming in on the Houston Texans +9.5 and +10.5 today at @ProphetExchange. Allow me to explain👇.
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Not one person in my family is a sports bettors. If you had a @CircaSports Survivor entry available this Thanksgiving, would you sweat in silence or open pandora's box by talking about the entry?. I've truly never been more conflicted. No one talks about this part of the sweat!.
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💸ONE MILLION DOLLARS IN MATCHED BETS 💸. A huge accomplishment from our team here at @ProphetExchange - I could not be more proud. For some context a tier 1 operator did about $50m. They're live in 20+ states and have spent billions in marketing. How did we get here? (1/x)
10 minutes before kickoff and more than $1.1M bet on the Super Bowl @ProphetExchange a great milestone for NJ bettors and the future of peer-to-peer exchange betting.
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Users can bet:. Texans +9.5 at +100 and Ravens -9.5 +110.Texans +10.5 at -128 and Ravens -10.5 +140. Each of these 'arbs' allows users to make free money, ESPNBet to balance it's book, and @ProphetExchange to see a ton of volume.
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If anyone happens to be spending their Xmas at @CircaSports in Vegas, please hit me up. Quick trip out west to monetize a bit on the best contest in the world.
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@NICKMERCS on @PardonMyTake today was unfortunately not a meeting your hero moment, but your heroes meeting your hero moment. Didn't disappoint! P&L between #MFAM and #AWLs on this lovely Friday!.
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Super excited about this partnership. It's been awesome getting to know @yElff_ and we're extremely excited to further grow together. Elf's trustworthy brand, community and overall energy towards the space made this a no brainer. Much more to come! 🚀🚀🚀.
🚨 𝑴𝑨𝑱𝑶𝑹 𝑨𝑵𝑵𝑶𝑼𝑵𝑪𝑬𝑴𝑬𝑵𝑻 𝑷𝑶𝑺𝑻 🚨. I am excited to announce that I have accepted a position @PlayProphetX as 𝑯𝑬𝑨𝑫 𝑬𝑳𝑭 🧝. I will be making regular content on their page edited by @JuansUniverse 🧙. @PlayProphetX is an exchange that I started using
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With the imminent re-launch of @PlayProphetX, we are hiring for two extremely integral positions. We are looking for an Operations Associate and Risk and Fraud Associate to join our team and help facilitate the day to day inner workings of our betting exchange. JDs🧵below!.
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Imagine paying $1.5b for the rights to a brand, and then completely going away from that brand's colors and core look? 😂😂😂.
ESPN has released the logos for its new sportsbook ESPN BET. I imagine the thought process is that red = loss and green = win, but it's still surprising to see Penn Entertainment ditch ESPN's iconic red color scheme after paying $2 billion for ESPN's brand recognition.
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Always fun “chopping” it up with @beatingthebook. Go Chiefs!.
$14,266,000. That’s how much is at stake in @CircaSports Survivor. 54 entries remain, each w an intrinsic value of $264,185.19. Gill is joined by Jake Benzaquen @jakebenzaq of @PlayProphetX, still alive w the lone entry he started with….#ANumbersGame @VSiNLive
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I know @DeanSisun shared some @ProphetExchange numbers on LinkedIn last week, which I will link at the end of this thread, but I wanted to share some more detailed information based on how NFL Sunday went yesterday📈.
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User should have checked out @ProphetExchange. Could have got 45k down at much better price points!
We just took a $60,000 bet on Victor Wembanyama to go first overall at -20000 odds 😅. The bettor would win $300.
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Super excited about this hire. If you are an influencer of any kind (the smaller, the better!) and believe in the exchange model, please reach out. We'd love to work with you and your community🚀.
Hey everyone! I'd like to announce that I have officially joined the @PlayProphetX team in a marketing role! . I will be stepping back from my duties as Admin and Contributor at @SourcedBetting and am so grateful for the opportunity to have worked with so many talented people
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Tune in at 11:15 today if you want to hear how I’ll surely blow this Circa Survior entry 😅.
A Numbers Game is LIVE from CIRCA, 10a-Noon ET on VSIN! Check it out on YouTube TV, iHeat Radio app, Game+, MIA@LAR, #EmiratesNBACup .@whale_capper .@NotTheeWillHill .@jakebenzaq .@PeteFiutak
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This was specifically done to offload risk on their position (I hope). They now have bettors coming in and betting the Ravens, balancing out their books from their Texans action. The best part of all this? @ProphetExchange is seeing a ton of arbitrage.
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@Marco_Parlay Dude come place at least 20% of this on @ProphetExchange. You’re costing yourself almost $10,000 by not getting at least some down on an exchange. We had 15k at +220 and way more than that available on spreads. -146 is gross for +7.5.
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It was indeed not a good afternoon for Caleb. About as slow and painful of a death you can ask for. Don’t regret the decision and path at all. Can’t wait to sign up for 10 entries next year!.
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Here at @ProphetExchange, we like to keep our head down and work, because we know we have the best product on the market. We've always stayed out of the Sporttrade propaganda, but recently, it's been crazy. Imagine being this hypocritical @a_kane47? (1/6)
NEW: Illinois Rep. Robert Rita has introduced a bill that would amend the Sports Wagering Act to expressly allow the sale of previously-made sports bets via an "exchange" prior to completion of the sporting event. Provides for only 2 licenses. HB 1405:
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This morning we have been flooded with Texans +9.5 and Texans +10.5 bets. This is because as a betting exchange, we have the best odds on both of these bets. You can bet:. Texans +9.5 at +100.Texans +10.5 at -128. Again, both of these are the best prices in the country.
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My oh my did I miss the feeling of doubling down on a losing bet at halftime.
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$1m in matched bets in a single day. Amazing. I know lots of other operators that cannot say the same, despite MUCH bigger 'bankrolls'. We've followed up yesterday's all time record with over $250k traded tonight on the National Championship Game tonight - brick by brick.
Since @ProphetExchange launched in Aug we've kept our head down, avoided controversy and simply set new handle records every month and nearly every week. Yesterday we hit a much-anticipated milestone: More than $1M (nearly $1.2M) in matched bets!. Thank you NJ sports bettors.
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$10,000 available at -190, best price in the country. This is the true exchange experience @ProphetExchange
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CBLEZ ACTUALLY DID IT. FADE CBLEZ MARKETS INCOMING.
Excited to see what Peer-to-Peer betting is all about. Drove to AZ this morning to throw an extra .25u ($750) on the Chiefs ML (saved $26 on just this play) using @PlayProphetX. Y’all think Peer-to-Peer is the future of sports betting?
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Getting so close to six figure liquidity!. Any big players in NJ want to get down PHI at the best odds in the world?.
Like the Eagles to win tonight?. Get the best odds in the world tonight with over $90k liquidity available 🦅
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.@ESPNBet I know you thought I was being facetious yesterday but the offer still stands. Instead of taking Kansas City +150 action today, you could set up an account with us and lay-off at a much better price. Could even broker a larger deal for you or kick back some rev share.
.@ESPNBet @PENNEntertain let's make a deal whenever you're over levered. You continue to post no-limit boosts on main markets until your liability is covered, and we'll kick back some revenue on the total handle during that period?. Sounds like a win win to me. DMs are open!.
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Having your dog pick your @CircaSports survivor entry? Definitely +EV.
After a long silence, @jakebenzaq is back with his Week 14 Pick for @CircaSports Survior . He was in a toss up decision, so he let his dog decide for him 🐶 . There will be a giveaway around his pick and tonight’s MNF game! . Stayed tuned… 👀
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A perfect example of why to use a betting exchange. One of our customers will save over $1,000 tonight if the Saints win on the road.
🏈BIG NFL #MNF BET!. One bettor has wagered $17.6k on the Saints ML (-153). This bet has been fully matched and would win $11,270 (incl. commission) . The same bet at DraftKings & FanDuel would win just $10,057 🤷♂️.
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Not a single state besides New Jersey has even allowed exchange wagering. We’re essentially “stuck” in one jurisdiction right now. Regulated markets have a long way to go.
Maybe instead of the regulatory agencies (i.e., Massachusetts) trying to force the limiting genie back in the bottle, they simply allow and encourage more options (like betting exchanges, Prime, and Circa) in their jurisdictions, writes @jeffedelstein.
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Little easter egg appeared on site today. This is coming incredibly soon 👀. If you have any interest, please feel free to reach out to me or the team at @ProphetExchange
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Cannot wait to continue to see how @spanky continues to improve these events. This last weekend was a totally different ball game than Bet Bash 1 - nothing but an absolutely tremendous and informative experience.
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I’m sure Gambling Twitter will be upset with only $80 of liquidity but this is pretty insane. Definitely haven’t seen this I’d argue ever before in sports betting.
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Check in on how your parents listen to music these days, it might just blow your mind. Mine still BUY AND DOWNLOAD MUSIC OFF OF ITUNES.
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Super proud of the @ProphetExchange team heading into the holidays. Onwards! 🚀.
RECORD SETTING WEEK!💰. We had $5,600,000 in total matched volume last week. A new all-time high! 👏. Onwards and upwards🚀
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Insane prices compared to what the market is offering. You can't even bet the 'No' side of this bet anywhere in the world!. That is also the peer-to-peer effect.
🚨 BIG NBA DRAFT BET!. One bettor wagered $40,000 on Victor Wembanyama to be the No.1 pick (-8000) in the NBA Draft. This bettor was fully matched against a user who risked $500 to win $40,000 that Wemby won't go 1. Both got the best odds in the world. The peer-to-peer effect.
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Will be on @VSiNLive in an hour talking with @beatingthebook about Survivor. Absolutely cannot wait. No one better in the business to do this with.
A Numbers Game is LIVE from CIRCA, 10a-Noon ET on VSIN! Check it out on YouTube TV, iHeat Radio app, Game+, #BALvsLAC .@whale_capper #NFL Week 13.@PaulCarr Champions League #UCL .@PeteFiutak CFB.@jakebenzaq @CircaSports Survivor
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HERE WE GO AGAIN - another FREE money opportunity 💰. @ESPNBet offering KC at +150 today, however, today's offering has a bit of a catch. SOME users can bet millions, yet others can only bet $100. After losing money hand over fist yesterday, why would they do this? 🧵.
Currently some unprecedented action coming in on the Houston Texans +9.5 and +10.5 today at @ProphetExchange. Allow me to explain👇.
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Best Soccer odds and liquidity in the United States, let alone New Jersey. Where else can you get these tight and liquid of lines besides @BetfairExchange?. If you're a Soccer fan, @ProphetExchange's prices and liquidity is going to blow your mind the next few months.
Champions League is now available on Prophet Exchange!. Get the best odds with deep liquidity for today's Man City vs. Real Madrid match ⬇. ⚽:
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Seeing the news of all the layoffs occurring today across the tech industry. We are still hiring here at @prophetexchange and looking for talented individuals to join our mission of creating the best sports betting product on the market. Please do not hesitate to reach out.
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Prophet Points and Prophet Cash coming soon!.
The sweepstakes model operates on a two-currency system, @jakebenzaq says. 1.) Use virtual points on @PlayProphetX for free-to-play contests. 2.) Buy virtual points, and you'll also get bonus virtual cash, which you can use to enter sweepstakes, and redeem for dollars
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Quarantine day 18: Used quarantine day 17 to remind myself what a hangover feels like.
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This is a bitter sweet day. 90 Degrees and @BoogieDownPicks weekly content will be missed!. However, a huge congrats to you Kevin and best of luck to anyone trying to beat you on the other side of the counter. I know I won't be trying.
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We will keep rolling out improvements and improving our effort and efficiency in all areas. And it starts with in-play. Although I am sure much of gambling Twitter will roll their eyes at $400,000, that's almost 3x what @betr did in MA last MONTH, on a random Weds. Goodnight!.
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This really shows how ridiculous sportsbooks heavy favorite pricing can be.
Some extra emphasis on the benefits of betting on heavy favorites on an exchange over a traditional sportsbook. You can get a better price on one pick than a 3 leg parlay at a traditional sportsbook. Embrace the future of sports betting!
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Just went to a Carvel (first “meal” back). Sat outside and spilled a bit of ice cream on my shirt halfway through. Proceeded to yell “FUCK!”, with a family of 4 right behind me. Adjusting back to life is going to be difficult, but here’s a picture of my beautiful cone.
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$300+ per month, risk-free, during the dead of summer. Can't wait to continue with an amazing product that we have built. You can learn more about @ProphetBoosts and how to make guaranteed money thanks to a piece @jeffedelstein wrote upon it's launch:.
We launched @ProphetBoosts two months ago! 🚀. If you have followed every single boost we have tweeted, you would have made a risk-free $621 since we had lift off. More guaranteed free money to come! 💰
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If you're attending Bet Bash and a NJ resident, summer at the shore, live close in PA, etc. we'd love the opportunity to earn your business @ProphetExchange. We're the first US betting exchange to launch in the US and only growing. DMs are open for anyone who will be in LV.
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🚨 We are still looking for a Risk and Fraud Associate to join our team and accelerate our growth as we re-launch at scale. 🚨. If you or anyone in your network has experience in the following areas, we'd love to chat:. -Document review for KYC.-Conducting fraud investigations.
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Blue Horseshoe (@FezzikSports) meets Zoomer Arbitrage (@yElff_ ). should be a good one. Maybe we'll even get our new friend of the program @JoeyKnish22 to stop by and mediate.
FIRST PROPHETX SPACES 🎉. Come join some members of the ProphetX team along with @yElff_ & @FezzikSports tomorrow at 5:30pm EST! . Comment any exchange topics you're interested in learning about and we can add them into the discussion!.
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$61 in profit yesterday risk free. @ProphetBoosts has been an incredible success for both users and @ProphetExchange. DM me if you want to learn more!.
If you followed @ProphetBoosts and had notifications on, you would have made $60.87 today by just following the directions and doing no more than five minutes of work!. Stop missing out on guaranteed cash almost every single day 🤑
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Every time this happens it just absolutely blows my mind.
Okay, this is absolutely bonkers. Nancy Pelosi's option $NVDA calls have made her +$700,000 (!!!) in under two months, more than her TRIPLE her annual salary of ~$223,500. This is after Nvidia launched a deal with the US government, making Pelosi’s $NVDA ITM calls now up ~30%.
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This guy @RiggsBarstool is an absolute scrub betting these prices. Brooks at +850 when he is available 16/1 @ProphetExchange, and then just awful odds on a straight forecast. Good luck buddy.
Quite a few plays this week but these are my big ones. Plus the Fore The Cut. Let’s have ourselves a week!
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Big fan boy energy on this Monday 💃.
@prophetexchange Announces Victor Cruz as Strategic Partner and Advisor
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+148 now with tons of liquidity available.
Betting the Denver Nuggets tonight? . If you like Denver to complete the sweep, there is no better place to bet them in the United States. Check out the @UnabatedSports board right now ⚒
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Hopping on with the best in the business @beatingthebook in an hour to chat Survivor. Don’t miss it!.
A Numbers Game is LIVE from CIRCA, 10a-Noon ET on VSIN! Check it out on YouTube TV, iHeat Radio app, Game+, @meJVT .@matty_cox @3MW_CBB .@jakebenzaq #CircaSurvivor .@Spreadapedia .@rxgamble MasterClass 365 Days of Gambling Calendar & more
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Great thread on how sportsbooks are the enemy. We at @ProphetExchange are not, only making money when our customers win!.
🧵How does a sportsbook work. DraftKings is worth over $18 billion. All they do is take bets & beat bettors. Sports gambling is a zero sum game. You make money off the book or they make money off you. So it's important to "study the enemy" & understand them. (continue)
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Day 7 of being home: My mom just asked me what I wanted for dinner tomorrow. As we sat down for dinner tonight.
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Playing 18 outside Tokyo before heading back to the US later today. Sit down lunch served in between the front and back, awesome experience. Also this meal is going to kill me. Shanks inbound.
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Ravens cover easily despite being tied at the half. @ESPNBet boosts hit, leaving bettors up big. Congrats to all arbitrage bettors and those brave enough to fade the masses coming in on Houston today. Now, time for some fights #UFC297.
Currently some unprecedented action coming in on the Houston Texans +9.5 and +10.5 today at @ProphetExchange. Allow me to explain👇.
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Only platform in the US where users can post prices for other users to bet on is @ProphetExchange . @Ben_Cary_ we can allow all your haters to fade you - 'Bet Against Ben' or 'Bet Against CapWize' 😅. Come over to NJ and we'll make it happen.
The future of sports betting will be going head to head against a celebrity (P2P). Imagine Gronk betting $100k on the Pats -2.5 and you can bet the Jets +2.5 for a minimum of $10 up to $1000 with the total handle capped at 100k. Then, you get to sweat out the game on a video.
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This could not be more true. Just look at the NBA Draft tonight as an example of this. This is why we're excited to follow @JeffreyBenson12's @CircaSports and offer two way markets on everything. You will ALWAYS be able to bet the 'No' side on @ProphetExchange.
@guyincornfields The beauty of a one-way market. Can disguise as much hold as you want and truly ripoff your players to whatever extent you want.
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Two playoff games at Madison Square Garden this weekend for the #2 seed Knicks and Presidents Trophy winning Rangers. How am I supposed to sleep tonight?.
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Since when does a user’s email address not qualify as user data?.
UPDATE: @PointsBetUSA says no user data has been compromised after bettors got crypto phishing email this morning
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It is with great sadness that I write to inform that I must put on jeans this afternoon. I've been looking for a way out of it, but it would be irresponsible to do so. 14 weeks later, RIP☠️☠️☠️.
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Skol 🙏🏻.
The long awaited Week 15 @CircaSports Survivor pick from @jakebenzaq . Minnesota Vikings! Not an official Tito the pitbull pick, but seems to be Tito approved! . @PickemPetey is riding with jake and doing a giveaway below 👇
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@ZayahDaGoat @iGhostArb @shiestypicks23 ProphetX founder here. Our rules are written for both the free-to-play Points product we offer and the sweepstakes side of the platform. Sorry for any confusion that has caused, but let me be clear: We will never limit anyone, ever. Period.
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It feels like Christmas Eve, especially with this liquidity and pricing. Can’t wait to see where we close tomorrow night!. All @UnabatedSports premium users will have 0% commission tomorrow as well 🔪
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Allowing users to trade on a free-market exchange is what we do best, and look at the results for these prop markets tonight:. Amon Ra to score Yes/No
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@Ihartitz He played to lose and abandoned the run late (just like he did in SB LI). Completely folded. One good play call and a missed throw does not make up for it.
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😈.
It was great to have @TeamVic stop by our HQ for some product demoing and content creation. We can't wait to unveil it all soon. 🤩
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We saw this all over the UK - actually even tried to build a variation of it there! . There are just (many) fundamental differences between sports betting and financial markets:.
Maybe after the first hundred “the stock market, but for sports betting” ideas went nowhere it’s time to realize that maybe people don’t want to bet on sports like it’s the stock market.
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In any Twitter poll, whatever it may be, Californication does not get enough respect.
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Free lunch every single day courtesy of @ProphetBoosts ☄️☄️☄️.
Here’s another guaranteed $5!. That brings today’s total guaranteed Prophet to $14.46. Not too bad. Follow @ProphetBoosts to know when the latest Prophet boost takes off 🚀.
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Thanks to @jeffedelstein for putting together such an accurate picture of what we are looking to do with @ProphetBoosts. Can't wait to see where this goes and what is next for @ProphetExchange.
“We don’t care about arbitrage,” said Dean Sisun, the co-founder and CEO of @ProphetExchange. “We don’t take any risk. If someone is trading on our exchange and laying off prices with us, it’s just volume for us.". (via @jeffedelstein).
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This Wednesday, on this week last year, we did about $50,000 in volume. Peanuts. Having 8xed last year's total volume with 4 hours left in the day is a massive feat, and again, we're not done yet. Today on @ProphetExchange you can bet more sports, markets and through our API!.
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.@ProphetBoosts is a beautiful thing😅.
@a_kane47 @sporttrade_app You're selling this wrong(imo) Stop worrying about being best odds,most dont care. Teach them how to make the free $ avail by using your app. Teach people in NJ how to find partners to help take adv of this trading. Liquidity is your friend, this is how u should be selling this.
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