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Prophet debuts first cashout alternative to bookmakers
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Punters cashout at better rates and buy bets at higher odds
Prophet, an innovative technology company, has become the first in the industry to launch a customer-friendly cashout marketplace, which finally puts the outcome of bets into the hands of the consumer.
The unique concept allows bettors to benefit from favourable cashout rates that are not set by bookmakers via a secondary marketplace for sports bets. Instead, Prophet operates as an exchange in which they can sell their bets to interested buyers, resulting in up to 50% better cashout rates. Buyers on the other side reap the rewards of having on average 10-20% higher odds as a result.
It is hoped the site will appeal to both the casual and more serious punter, with football, rugby, cricket, tennis, and American football currently available, with more sports to follow in 2020. Among the most popular markets at the moment are the Rugby Union World Cup and European top-flight football, with both in-play and pre-match markets now available.
The disruptive technology is the brainchild of American entrepreneurs Dean Sisun and Jake Benzaquen, who have launched the product with a United Kingdom licence in order to take advantage of the country’s mature sports betting market.
Dean Sisun, CEO and Co-founder of Prophet, said: “We are extremely excited about Prophet’s launch which we believe will be a game-changer for sports punters, setting out to be the first platform that truly aims to help consumers in an industry notorious for taking advantage of them.
“The cashout function has been monopolised by bookmakers and been beneficial to them since its inception. We believe it is high time the tables were turned and power restored to the consumers who have been ripped off for far too long.”
Prophet’s end goal is to create a community of bettors who look to help each other make more money with their current sports bets, rather than to continue to give more to their bookmakers.
Sisun added: “Following the success of the betting exchange format in recent years, there has clearly been a gap in the market for a punter-friendly cashout exchange. With our alternative to cashing out via a secondary marketplace, we’re confident Prophet will provide that.
“For example, you bet on Atalanta to beat Manchester City at 11.0 (10/1). They go up 1-0 in the 30th minute and their odds move to 3.0 (2/1). Rather than cashing out at the rate your bookmaker dictates, you can sell your bet to a peer for a price of your choice. For example, if you sell it at 4.0 (3/1), the buyer gets better odds than the bookmaker offers them, the seller guarantees profit, and everybody wins.
“And finally, with our algorithm, we recommend the selling price that will give buyers better odds and sellers the best cashout rate possible, taking out the difficult math and speeding up the process for consumers to cater to in-play markets.”
While the marketplace will initially be available to UK users, Prophet intends to expand into other European markets, Australia, and the United States.
Prophet is most notably backed by leAD sports, the premier sports venture ecosystem inspired by Adi Dassler, the founder of Adidas, in which they were one of seven companies selected to their prestigious accelerator, and M Ventures, a prominent United States venture capital firm
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Prophet debuts first cashout alternative to bookmakers

Latest News
Chicken Road Game Launches in India, Expands Mobile Gaming Catalogue
A new mobile title, the Chicken Road Game, has officially been introduced to Indian users across select digital distribution platforms. The release adds to the expanding catalogue of hyper-casual games now available to India’s mobile-first audience.
Designed for short-session, tap-based gameplay, the Chicken Road Game offers a format compatible with a wide range of Android smartphones, including entry-level devices. The title is accessible through official Android channels and also available in offline formats via Chicken Road Game Download APK packages.
Game Structure and Distribution
The Chicken Road Game features procedural obstacle layouts where the player’s goal is to advance a character forward while avoiding collisions. Each movement is registered via a tap command, making the gameplay structure consistent with widely used mobile interaction standards.
Multiple builds of the game are currently in circulation, including:
- Chicken Road 2
- Chicken Road 2.0
- Variants titled Chicken Road Game APK and Chicken Road 2 Download
These versions may include functional updates or performance optimizations but maintain the same core format. Distribution models include app marketplaces, third-party game aggregators, and direct APK downloads.
Technical Specifications
According to technical documentation available at launch, the Chicken Road App requires minimal device resources:
- Low memory footprint (under 35 MB)
- Offline installation via Chicken Road Game Download APK
- Compatibility with Android 6.0 and above
- Optional visual settings for improved performance on budget devices
No iOS version has been confirmed as of this release.
Game Type and Monetization Model
The Chicken Road Game is categorized as a hyper-casual, skill-based arcade game. It is not associated with real-money gaming, gambling mechanics, or skill-based wagering.
Some versions of the game may include optional advertisements, which support monetization. No verified versions of the game currently support real-currency transactions, banking integration, or payment gateway functionality.
No officially released build of the game is designated as a Chicken Road Earning App, and there is no confirmation of payout-based mechanisms in the publicly available versions. Listings such as Chicken Road Game Money or Chicken Road Game Real or Fake remain unverified by the developers.
Market and Audience
The Chicken Road Game is developed for general audiences and requires no account linking or identity verification at the time of launch. While available to all age groups, content classification aligns with standard arcade-style gameplay ratings.
Offline installation options, such as the Chicken Road Game Download APK, are expected to support players in regions with inconsistent internet connectivity. The game’s architecture enables basic functionality without requiring active data usage during gameplay.
Update Schedule
As of this announcement, there is no official development roadmap or update schedule published by the game’s creators. Users accessing versions labeled Chicken Road 2.0 may experience performance or aesthetic differences based on device compatibility and distributor-specific builds.
No multilingual or region-specific versions are confirmed at this time.
Compliance and Security Notes
The game operates entirely within the non-monetized, casual arcade category of mobile apps. It does not offer real-money rewards and has no affiliation with financial institutions, cryptocurrency systems, or tokenized gaming models.
No sensitive user data is requested in default builds of the Chicken Road Game. Users are advised to download only from verified sources and to avoid unofficial versions labeled as earning apps or modified for payout simulation.
Conclusion
The official release of the Chicken Road Game introduces a tap-based arcade title to India’s expanding mobile game portfolio. With low device requirements and broad regional availability through APK-based distribution, the game is positioned to be accessible across a wide user base.
Further developments, including potential updates or version control, remain unconfirmed at the time of this release.
The post Chicken Road Game Launches in India, Expands Mobile Gaming Catalogue appeared first on European Gaming Industry News.
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In-demand provider to take the hotly anticipated show by storm with its battle-tested iGaming ecosystem
VeliTech is proud to announce its return to the SBC Summit Lisbon 2025, taking place from 16-18 September at Feira Internacional de Lisboa.
Building on last year’s momentum and following a year of significant growth and product milestones, the company is ready to demonstrate its battle-tested iGaming ecosystem for emerging markets.
Taking centre stage is VeliGames, an aggregation powerhouse by VeliTech, now supported by a newly launched dedicated website. Far more than a content library, VeliGames brings together scale, flexibility and engagement tools in one platform. The team is ready to demonstrate its full potential at stand A550, showing how it drives success for iGaming brands worldwide.
Giorgi Aleksidze, CEO at VeliTech, said: “Returning to SBC Lisbon for the second year running, we’re showcasing the depth of our battle-tested iGaming ecosystem in action. VeliGames is more than a content pipeline — it’s a complete growth engine for operators. And when combined with our other products, operators get everything they need to build, launch and scale a successful iGaming business.”
This year’s comeback to SBC Lisbon is marked by extra recognition, as the company is shortlisted in two SBC Awards 2025 categories: Multi-channel Supplier and Aggregator of the Year.
As part of the official agenda, Irakli Kakhidze, Director of Turnkey at VeliTech, will join the panel discussion “A Continent on the Move: Sportsbook Technology in Africa” on 16 September (13:40–14:20, Stage 2: Emerging Markets, Africa).
The session will explore opportunities, infrastructure challenges and the innovation shaping Africa’s sportsbook sector, drawing on the VeliTech experience supporting operators as they expand into new markets.
“Sports betting in Africa follows its own path, driven by cultural fit and player behaviour. Success here requires agility and deep local understanding, not one-size-fits-all solutions,” added Irakli Kakhidze, Director of Turnkey at VeliTech.
For more information, please visit the SBC Summit Lisbon 2025 Event Page or contact the team at [email protected].
The post In-demand provider to take the hotly anticipated show by storm with its battle-tested iGaming ecosystem appeared first on European Gaming Industry News.
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Movers and Shakers: Slots Temple – The Company Advocating for RTP Transparency
While the online gambling landscape continues to strive for greater player protection and transparency, one area that deserves more attention is the transparency of return-to-player (RTP) rates. At Slots Temple, we are committed to enhancing player trust and providing a fair gaming environment, and we see RTP transparency as a crucial part of that commitment.
By focusing on treating players fairly and offering them the best possible experience, we can foster lasting loyalty that goes beyond fleeting bonuses. This guides our approach to RTP, and we’re actively working to ensure our actions match this, as we have demonstrated with our commitment to always offering the highest available RTP version of a game.
Slot Players, First and Foremost
For some, the idea of consistently offering the highest RTPs is not a top priority. For us at Slots Temple, it’s a fundamental principle. As a licensed online casino, we understand that providing value and the best experience to our players is the most sustainable path forward. Prior to becoming a licensed online casino, we operated exclusively as an affiliate website, a role that honed our understanding of what players value from their online casino experience.
Our experiences have taught us that you don’t need to overcomplicate anything; all that most players want is clear information about the games they choose, and an honest and transparent casino they can depend on.
Many online casinos choose to offer a low RTP version of their games. This means that the 96.5% RTP version of Gates of Olympus you love at one casino might not be available at another, and you could end up playing the 94.5% version without realising.
A Simple Mission
Our aim is simple: we want players to be fully aware of the odds they are facing and be empowered to choose games that align with their expectations. So, what are we doing about it?
Firstly, we have made a public commitment to always offering our players the highest RTP version of every game available. This isn’t just a promise; it’s a core operational principle. We also benefit from an engaged community of online players who are quick to provide feedback, helping us maintain this commitment. We actively welcome and value this level of player engagement as a crucial part of our process.
On a broader level, we are actively raising awareness about the importance of RTP transparency within the industry. This includes engaging with industry press and educating players on the issue, championing a more transparent future for online slots.
A Promising Future
As operators, we often emphasise the importance of providing players with the best possible experience, but this area is one that many overlook. While offering lower RTP games might increase profits in the short term, it is a sure-fire way not to keep players around when they realise there are better odds elsewhere.
Our not-so-distant relative, the sports betting industry, sees operators proudly advertising that they offer low odds to punters. They understand that customers want value, and by providing it to them, they will return. This goes both ways, too, with sports bettors often quick to criticise bookmakers who offer poor odds.
We hope to see a future in the online casino world where this applies as well. We will continue to promote our high RTP offerings and fulfil our commitment to our players, and we would love to see other operators do the same.
The post Movers and Shakers: Slots Temple – The Company Advocating for RTP Transparency appeared first on European Gaming Industry News.
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