Sporttrade

Launched in 2018, Sporttrade became one of the few sports betting exchanges on the market. With a concept similar to investing in the stock market, Sporttrade was created to bring bettors a more hands-on betting experience while also allowing them to get the best prices possible. Overall, five states have access to this revolutionary product, as bettors in Arizona, Colorado, Iowa, New Jersey, and Virginia can download the product on IOS devices. In contrast, only users in AZ and NJ can download the app on Android devices for the time being.

With the Sporttrade app, bettors can buy and sell shares of sports outcomes across different markets like point spreads, moneylines, totals, and even futures. Each share trades between $0 and $100, and customers can either bet dollar amounts or they can buy shares like they would a stock. Live betting is also available on Sporttrade, so customers can see share prices change throughout a game, allowing them to buy low or sell high.

What really sets Sporttrade apart and gives them the potential to grow their already strong reputation is their pricing and high limits. On a traditional sportsbook, there is one market maker; therefore, only one price is listed for each bet. However, on Sporttrade, multiple market makers are competing to get you to take their wager, resulting in quality pricing like (-104) on a main line and increased betting limits.

There is no denying that the sports betting market is crowded, so even an app with as much ingenuity as Sporttrade may take a while to stand out. As the product expands into more states, it will likely start to gain even more attraction as the company is out to provide everything that bettors want but can't find on a traditional sportsbook.

Sporttrade App & Web Platform

Transitioning from a traditional sportsbook to a sports betting exchange can be a bit confusing, but the Sporttrade app certainly helps make that transition easier. For a concept foreign to most bettors, Sporttrade does an excellent job of providing a simple and well-laid-out product that makes things easy to find and provides multiple sections that help explain how to operate a betting exchange.

With a simple green background that doesn't have many bells and whistles, bettors can easily navigate between the different betting markets or their personal portfolios. While getting the lay of the land on the app, customers do not need to worry about lagging or glitching, as we found minimal responsiveness issues under a stable internet connection, no matter how long we were using the app. Sporttrade prides themselves on having no built-in delay on live wagers, so customers don't need to wait and hope their live bet processes like they would on a traditional sportsbook.

Currently, bettors who prefer to use web platforms are out of luck if they want to use Sporttrade, as the product is only available through the downloadable app. However, the Sporttrade website provides better explanations on how to use a betting exchange and even allows bettors to contact customer support.

Downloading The Sporttrade App

When looking to download the Sporttrade app, both Apple and Android users can find the product through either the App Store or Google Play Store. However, it is essential to note that only customers in Arizona and New Jersey have access to the Android version of the app at the moment. At the same time, all users can download the IOS version of the product.

At the time of writing this review, the app has a 4.6 out of 5-star rating on the App Store and a 3.7 out of 5-star rating on the Google Play Store.

Customer Service And Support

Not only can sports bettors appreciate the excellent pricing on the Sporttrade app, but they can also appreciate and enjoy quality and helpful customer support options. Plenty of issues and questions can arise when using a new sportsbook. If that happens with the Sporttrade app, customers can reach customer support by submitting a request, leaving a phone message, directly messaging an agent through the app, emailing, or through Twitter DM’s. All options are available 24/7.

Of course, customers can also access the extensive and well-laid-out FAQ page, which covers everything from payments to managing trades.

Sporttrade Payment And Withdrawal Options

The options to fund an account on Sporttrade may not be as vast as other sportsbooks, but they are quality options. For the time being, bettors can deposit money into their account through online banking, PayPal, Venmo, or in person. These same options apply to withdrawals as well.

In-person deposits or withdrawals can only be made at Bally’s in Atlantic City, New Jersey. Online withdrawals can take 2-3 days to process, whether a customer is using online banking or Venmo/Paypal. It is important to note that only IOS users can fund their account or withdraw with Venmo or PayPal, as Android users' only options are online banking or at a cash cage.

Sports Betting Markets, Lines & Odds

Sporttrade recently expanded into Virginia, meaning bettors in the five states where the product is legal and active can wager on a dozen different leagues or sports. These leagues include popular ones like the NFL, NBA, MLB, CFB, and NHL, but customers can also make wagers on golf, tennis, soccer, UFC, and motor racing.

Since Sporttrade is an exchange-based betting app, they offer some of the best possible odds on the market. With limited fees and betting pricing, customers can buy and sell outcomes of games, either pregame or live, without worrying about paying a ridiculous amount of vig.