Trade Sports (visit site)

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Trade Sports

Trade Sports is a betting exchange. The major difference between a betting exchange and a sportsbook, is that the owner of the betting exchange, does not do any bookmaking on their own. All bets are made between members of the exchange. Member can post odds and any member can accept odds that have been posted.

Trade Sports takes the whole exchange betting a step further as their entire website resembles a stock market/brokerage websites. Members make trades based on buying and selling contracts. When a game has been completed a contract expires at a value of 100 or 0 depending on the outcome of the game. A contract expiring at 100 is worth $10. For example if you own 50 contracts of the Jets +6 over the Patriots and the Jets win the game (or cover) your contracts will be converted to $500 cash (50 contacts x $10).

Trade Sports makes their profit based on charging a small fee on each contract traded. This fee is in fact small at just 4 cents per contract.

Geographical Restrictions: None, clients from all locations welcomed.

Trade Sports Bonus and Promotion Offers

Trade Sports is a betting exchange which means they profit off charging a small commission on each bet made. For this reason you won’t see a lot of bonuses and promotions offered.

Update: Visitors who register for Trade Sports using this link will now receive a $25 bonus of their first deposit of $100 or more.

Trade Sports Operation Details

Hours: Trade Sports offer sports trades and support 24/7/365.

Customer Service: Clients are encouraged to use emails support which is available 24 hours per day. Telephone support does exist.

Min. Bet: 1 contract

Max. Bet: No maximum, this is an exchange and market size is created by other members of the exchange.

Reduced Juice: Yes, only 4 cent fee per contract which is usually significantly less than the juice charged by a sportsbook.

Professional Action Limits: Professionals are more than welcome as the market is driven by users of the exchange and not a bookmaker.

Trade Sports Banking Options and Policies

Trade Sports accounts can be funded through credit card, ACH, FirePay, Bank Transfer, or Cheque/Money order. Trade Sport does not charge any fees on deposits.

Withdrawal Options:

Bank Wire: For a $20 fee clients can receive a cash out via bank wire. It will take approximately 3 days for the wire transfer to reach a clients bank account.

Cheque: Clients may request 2 cheque payouts for month for free. These checks will reach clients in approximately 10 days from the time they’ve made the request.

For a $30 fee client can have their check sent via FedEx.

Book to book transfers: Trade Sports clients can transfer their balances to and from both Pinnacle and Matchbook. For details see the Trade Sports website.

Trade Sports Corporate Information

Trade Sports has been online since 2002 and is based out of Dublin Ireland. The company was started by a group of private investors which specialize in financial market trading. Over the years they have developed a solid reputation of honestly, integrity and fair business practices.

Trade Sports holds all clients’ deposits in a segregated account and does not use them as part of their operating expenses. Account with balances of $20,000 might be eligible for interest; such clients should contact TradeSports support for details.

Contact information

Website: www.tradesports.com

Phone number: 1-866-303-1927

Email: help@tradesports.com