The ProphetX promo code TANBONUS gives eligible new users $40 after they complete $40 in qualifying trades, and Wednesday's Cavaliers vs. Knicks rematch gives you a featured NBA market to use it on.
Cleveland visits Madison Square Garden at 7 p.m. ET, four days after New York went into Rocket Arena and won 109-97.
The market has New York trading around the low 60s to win this NBA game. My preferred NBA pick with the ProphetX promo code TANBONUS today is Knicks to win around 62¢.
ProphetX Promo Code TANBONUS Details
| ProphetX Offer | Details |
|---|---|
| ProphetX promo code | TANBONUS |
| Welcome offer | Trade $40, Get $40! |
| Platform type | CFTC-regulated prediction market |
| States available | AL, AK, AZ, AR, CA, CO, CT, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WV, WI, WY |
New York and Ohio are both included in the available-state list, so eligible Knicks and Cavaliers fans can claim the Action NetworkProphetX promo code TANBONUS from home.
How the ProphetX Offer Works
Use the ProphetX promo code TANBONUS when you register, complete $40 in qualifying trades and ProphetX gives you $40 under the promotion terms.
The entire $40 does not need to be used on Cavaliers-Knicks. You can split your activity across Wednesday's NBA slate or other open ProphetX markets.
ProphetX operates as an prediction market, meaning users trade event contracts with other participants rather than betting against a sportsbook.
Contracts on prediction market apps generally trade between 1¢ and 99¢ and settle at $1 if the selected outcome occurs or $0 if it does not.
A Knicks contract around 62¢ therefore reflects roughly a 62% market-implied probability of New York winning.
Positions can also be sold before settlement when sufficient liquidity is available.
Cavaliers vs. Knicks Prediction Market Prices
| Contract | Market Price | $100 Returns About |
|---|---|---|
| Knicks to win | 62¢ | $161 |
| Cavaliers to win | 37¢ | $270 |
Cavaliers vs. Knicks Preview
New York has started to find its rhythm.
The Knicks opened 0-3 but have climbed to 5-4 behind a three-game winning streak. That run includes a 103-90 win over Brooklyn, a 135-105 victory over Chicago and Saturday's 109-97 road win over Cleveland.
Jalen Brunson led that latest win with 31 points and nine assists, while Karl-Anthony Towns added 29 points and 13 rebounds.
Cleveland is moving in the opposite direction. The Cavaliers are 5-6 and have dropped four of their last five after a 124-112 loss at Charlotte on Monday.
Donovan Mitchell scored 37 points against New York on Saturday, but the Cavaliers struggled to generate enough offense around him.
The schedule is the main concern with backing the Knicks. New York hosts Milwaukee on Tuesday before playing Cleveland Wednesday, making this the second night of a back-to-back.
Still, the Knicks remain at home and avoid travel, while Cleveland has struggled away from home.
Injuries also matter. Josh Hart has dealt with right ankle soreness, while Sam Merrill and Jaylon Tyson have missed time for Cleveland. Check Wednesday's final injury report before opening a position.
Cavs vs. Knicks Prediction
Cavs vs. Knicks prediction: Knicks to win around 62¢
We're backing the team that just won this matchup by 12 points on the road.
Brunson and Towns combined for 60 points in Cleveland, and the Cavaliers had few answers for either one. Now New York gets the rematch at Madison Square Garden against a team that has lost four of five.
The back-to-back adds risk, which helps explain why the Knicks are still priced in the low 60s rather than much higher.
At around 62¢, a $100 position returns roughly $161 before fees if New York wins.
How to Claim the ProphetX Promo Code TANBONUS
- Click the ProphetX promo code TANBONUS link to open the ProphetX sign-up page.
- Enter your personal information and confirm TANBONUS appears in the promo-code field.
- Complete the required identity and location verification.
- Fund the account.
- Complete $40 in qualifying trades on Cavaliers-Knicks or another eligible market.
- Review the promotion details in the app for the timing of the $40 reward.
You must meet ProphetX's age, location and eligibility requirements.
If you want to compare the current welcome offers first, Action Network's prediction market promos page lists the available options.
Bottom Line
The ProphetX promo code TANBONUS gives eligible new users $40 after they complete $40 in qualifying trades.
For Cavaliers vs. Knicks, I'm backing New York to win around 62¢.
The Knicks just won this matchup by 12 in Cleveland, own home court for the rematch and have received strong production from Brunson and Towns. The back-to-back keeps the price from getting too expensive, but New York still has the stronger setup.
Terms and Conditions
Trading sports event contracts involves substantial risk of loss and is not appropriate for all investors. Past results are not necessarily indicative of future results. You should consider whether trading is appropriate for you in light of your financial circumstances. ProphetX is a CFTC-regulated designated contract market. Full risk disclosure available at prophetx.co/risk.
