Sporttrade Review

What We Like

• Innovative Betting Exchange Model: Sporttrade lets users bet against each other instead of the house, creating more competitive odds and offering the chance to trade bets during games, much like stocks​
  
  
• User-Friendly Interface: The app and website are designed with a clean, intuitive layout, making it easy to navigate for beginners and experienced bettors alike​
  
  
• Live Trading Options: The ability to buy and sell bets during live games adds flexibility and excitement to the betting experience​
  
  
• Expanding Availability: Sporttrade is currently operational in five states (New Jersey, Colorado, Iowa, Arizona, and Virginia) and plans to expand further​
  
  

What We Don’t Like

• Limited Operating Hours: The platform is only available from 9 AM to midnight EST, which could be restrictive for some users​
  
  
• Not Fully Functional Everywhere: In some states, Sporttrade operates like a regular sportsbook while waiting for approval to use its exchange model​
  
  
• Still Building User Base: As a newer platform, it doesn’t yet have a large user base, which could impact the variety of bets and trading options available​
  
  
• Geographic Restrictions: Sporttrade is only available in a handful of states, limiting access for many potential users until further expansion
  
  

1. How Does Sporttrade Work?

Sporttrade offers a fresh take on sports betting by using a trading-style approach rather than a traditional sportsbook model. Instead of betting against the house, you’re placing bets against other users in a marketplace. Odds are dynamic and fluctuate based on supply and demand, much like the stock market.

This allows bettors to buy and sell positions on games, giving them the flexibility to cash out or adjust their bets mid-game. We love how this makes betting more interactive and strategic. However, the learning curve for trading-style betting might feel steep for users who are new to this type of system​.

The platform’s standout feature is the ability to trade bets live during games. This means you can lock in profits or cut losses before the game ends, which adds an exciting layer of control. The user interface supports this well, offering a clean and intuitive layout that helps users manage their trades without feeling overwhelmed. That said, the exchange’s user base is still growing, which can sometimes lead to fewer available options for trading certain bets. Expanding its reach and growing the number of active users could help address this limitation​.

One area where Sporttrade could improve is its limited availability. Right now, it’s only operational in five states—New Jersey, Colorado, Iowa, Arizona, and Virginia—and not all features are functional in every location. For instance, in some states, it operates more like a traditional sportsbook while awaiting regulatory approval for the full exchange model.

Additionally, its operating hours (9 AM to midnight EST) could be restrictive for some users. Despite these drawbacks, Sporttrade’s innovative approach and focus on user empowerment make it a refreshing option in the sports betting market.

2. How to Sign Up with Sporttrade

Tip: Before you sign up with Sporttrade and risk wasting your offer on the losing side, download our free Guide to Converting Sportsbook Promos to see how you can guarantee profit from sportsbook promos every time.

Still curious? Check out the typical Sporttrade sign-up process below:

1. Visit Sporttrade Website/App:
   Click on "Sign Me Up" and select your state.
   
   
2. Enter Details:
   Username, Email, Password, Promo Code (optional)
   Confirm Eligibility (Age verification)
   Personal Information: Name, DOB, SSN, Address
   
   
3. Add Mobile Number & Accept Terms:
   Agree to Terms of Use and Privacy Policy.
   
   
4. Verify Location:
   Download the GeoComply plugin to confirm location.
   
   
5. Deposit Funds:
   Use an eligible payment method to make your initial deposit.
   
   
6. Place Your Bets:
   Navigate the sportsbook, select your bets, enter the wager amount, and click "Place Bet.
   
   
7. Track Results:
   Check your account balance for updates on bet outcomes.

3. Sporttrade Betting Tools and Features

Sporttrade offers several unique betting tools and features designed to enhance the user experience, particularly with its innovative exchange model. Unlike traditional sportsbooks, Sporttrade allows users to trade bets during live games, offering more flexibility and control over wagers.

The platform's technology is built to provide dynamic odds, which adjust based on real-time market conditions, much like trading stocks. This adds an extra layer of strategy to sports betting. The intuitive interface ensures that both beginners and seasoned bettors can easily navigate through the platform.

However, as the exchange model is still new, it might take some time for users to fully grasp the ins and outs of trading their bets.

Sporttrade Betting Features:

• Live Bet Trading: The ability to buy and sell bets during a game, allowing you to adjust positions as the action unfolds.
• Dynamic Odds: Odds that fluctuate based on market demand, similar to stock trading.
• Intuitive User Interface: A clean and easy-to-use platform that makes it accessible for both new and experienced bettors.
• Betting Exchange Model: Allows users to place bets against each other instead of the house, providing a more market-driven betting experience.
• Market Data & Analytics: Real-time data on odds, trends, and game stats to help bettors make informed decisions.
• Mobile App: Available for both iOS and Android devices, ensuring a smooth betting experience on the go​.

4. Depositing and Withdrawing with Sporttrade

How to Deposit with Sporttrade

Depositing funds into your Sporttrade account is a simple process with a few convenient options to choose from:

• Credit/Debit Cards (Visa, MasterCard): A quick and straightforward option for deposits, widely accepted for fast transactions.
• PayPal: Offers a secure and hassle-free way to deposit funds into your account, popular for online transactions.
• ACH Bank Transfer: Ideal for larger deposits, though it can take a bit longer to process compared to cards and PayPal.

While Sporttrade’s deposit options are reliable, the variety is somewhat limited compared to some larger sportsbooks. However, the processing times are generally fast, with most deposits being processed instantly or within a few minutes.

How to Withdraw with Sporttrade

Withdrawing your funds from Sporttrade is just as easy, with a couple of convenient options available:

• Debit/Credit Cards (Visa, MasterCard): A reliable way to withdraw, but processing can take a few business days.
• ACH Bank Transfer: Safe and secure, but this method might take 1 to 3 business days to complete.

Sporttrade offers fewer withdrawal options compared to other sportsbooks, which might be a bit limiting for some users. However, the available methods are secure and generally reliable, though processing times for withdrawals can take a little longer compared to instant deposits.

5. What Sports/Leagues Can You Bet On with Sporttrade?

We like the variety Sporttrade has to offer when it comes to sports and leagues. The platform covers a wide range of popular and niche sports, making it a solid option for bettors with different interests. Here are some of the sports and leagues you can bet on with Sporttrade:

• Football (NFL, NCAA, International): Bet on NFL games, college football, and leagues like the CFL.
• Basketball (NBA, NCAA, EuroLeague): Includes NBA, college hoops, and European leagues.
• Baseball (MLB, International): Wager on Major League Baseball and select international games.
• Soccer (EPL, La Liga, MLS, Bundesliga, Champions League): A good selection of soccer leagues and tournaments.
• Tennis (ATP, WTA, Grand Slams): Bet on major events like Wimbledon, US Open, and smaller ATP/WTA tournaments.
• Golf (PGA, European Tour): Wager on tournaments like The Masters and the British Open.
• UFC/MMA: Place bets on UFC fights and major MMA events.
• Boxing: Bet on big matches and championship bouts.
• Hockey (NHL, International): NHL games are the focus, but there are also international competitions.
• Cricket (IPL, International Matches): Bet on the Indian Premier League and international cricket matches.
• Esports: Competitive odds on games like League of Legends, CS:GO, and Dota 2.
• Racing (Horse Racing, Greyhounds): Bet on major horse racing events like the Kentucky Derby and more.

6. Sporttrade Online Casino

Sporttrade does not currently offer a casino. It operates primarily as a sportsbook with a unique betting exchange model, focusing on sports betting rather than casino games. The platform allows users to place bets on various sports and trade their bets during live games, but casino-style games are not part of its offerings.

If you're looking for a sportsbook with a casino, you might want to explore other platforms that offer both betting and casino options.

7. Sporttrade Website Speed

According to PageSpeed ​​Insights  (a Google tool that measures website speed), the Sporttrade homepage takes on average 1.7s to load on desktop. This is well within a good range.

On cell phones, it's a bit longer at 2 seconds.

8. Does Sporttrade Have an App?

Sporttrade offers a user-friendly app available for both iOS and Android devices, making it easy for bettors to place bets and manage their accounts on the go.

The app’s design is clean and intuitive, with a simple interface that allows both beginners and experienced users to navigate seamlessly. It features all the key functions needed to trade live bets, monitor odds, and stay updated with real-time game data. This makes the app a solid choice for those who prefer to bet and trade on their mobile devices, offering a smooth experience that reflects Sporttrade’s emphasis on usability​.

However, there are a few drawbacks to the Sporttrade app. While the overall layout is streamlined, some users may find that the app can be a bit slow to load at times, especially during high-traffic periods. Additionally, since Sporttrade is still relatively new, the app’s features are sometimes limited compared to more established platforms. Some users have reported that certain features may not always work as smoothly as expected, and the app might be lacking in certain advanced functionalities that other sportsbooks or exchanges offer​.

Despite these issues, Sporttrade’s app is generally well-regarded for its core functionality and ease of use.
 

Sporttrade App Ratings

• iOS Rating: 4.6/5 on the App Store.
• Android Rating: 3.7/5 on the Google Play Store.

9. Sporttrade VIP and Loyalty Programs

As of now, Sporttrade does not have a formal VIP program. While the platform offers a unique sports betting experience with its exchange model, it has not yet introduced a dedicated rewards or loyalty program for frequent bettors. Many established sportsbooks have VIP programs that provide special perks for loyal users, but Sporttrade’s focus remains on offering a straightforward and dynamic betting experience rather than providing a tiered loyalty structure.

If you're looking for a sportsbook with a robust VIP or loyalty program, other platforms may offer more rewards. However, since Sporttrade is still relatively new, it's possible they may introduce such a program in the future as they continue to expand and develop.

10. Is Sporttrade Reliable?

Sporttrade is an intriguing platform for sports betting enthusiasts, offering a stock market-inspired approach to wagering. What makes it stand out as a reliable choice is its transparency and focus on user experience.

The platform operates under a licensed and regulated framework in the U.S., which adds a significant layer of credibility. Sporttrade's emphasis on competitive pricing, liquidity, and real-time market updates ensures users can engage in bets with confidence, knowing they’re participating in a system designed to prioritize fairness.

Additionally, Sporttrade's commitment to security and user education is worth noting. The platform employs robust data protection measures, giving users peace of mind about their personal and financial information.

Its easy-to-use interface and educational resources help newcomers understand how to navigate its market-style system, making it accessible while maintaining professionalism. These factors combined make Sporttrade a reliable option for those looking to explore a modern take on sports betting.

11. Sporttrade Security and Licensing

Sporttrade is a regulated and secure platform for sports betting, operating under stringent licensing frameworks in multiple states. It ensures user data and financial security with advanced encryption and complies with each state’s specific gaming laws. Sporttrade’s operations are overseen by reputable regulatory bodies, which test its systems for fairness and adherence to legal standards.

• New Jersey: Regulated by the Division of Gaming Enforcement (DGE)​.
  
  
• Arizona: Regulated by the Arizona Department of Gaming (ADoG)​.
  
  
• Colorado: Governed by the Colorado Limited Gaming Control Commission​.
  
  
• Iowa: Overseen by the Iowa Racing and Gaming Commission​.
  
  
• Virginia: Regulated by the Virginia Lottery Board.

12. Customer Support

Sporttrade provides robust customer support options to ensure users receive timely assistance. Their support channels cater to a range of needs, from general inquiries to account-specific concerns, and are managed by knowledgeable representatives dedicated to resolving issues efficiently. 

• Email: Reach out to their team at support@sporttrade.com​
  
• In-App Chat: Access live chat support directly within the Sporttrade app for quick assistance​
• Help Center: Browse FAQs and detailed guides through their online help center​.
• Social Media: Connect via their official Twitter or Instagram accounts for updates and queries​.

13. Is it Worth Betting at Sporttrade?

Betting on Sporttrade can be a unique and rewarding experience, especially for those looking for an alternative to traditional sportsbooks. Its stock market-style betting platform offers competitive pricing, better odds, and a fresh way to engage with sports. However, whether it’s worth betting at Sporttrade depends on your preferences and betting style.

Pros:

• Better Odds: Bettors often get better payouts due to the market-style pricing system, which eliminates the traditional "house edge"​
• Transparency: Odds are driven by real market forces, ensuring fair pricing​
• Regulated and Secure: Operates under strict oversight in multiple states, ensuring a safe and legal environment​
• Innovative Features: Offers liquidity tools like "LiquiBoost" for finding counterparty bets​
• User-Friendly App: Simple interface with educational tools for beginners​
  
  
  

Cons:

• Limited Availability: Currently only available in a handful of states (e.g., NJ, AZ, CO, IA, VA)​
• Learning Curve: The stock market-style approach might be confusing for those used to traditional sportsbooks​
• Liquidity Gaps: Occasionally, there may be a lack of counterparty bets for niche markets​

If you enjoy trying new platforms and appreciate better odds with a modern twist, Sporttrade is definitely worth exploring. However, traditional bettors may need to spend some time learning the system to fully enjoy it.

Overall rating: 4.4/5

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