Sporttrade Exchange Promo Code GAMBL for $300 Cashback

Sporttrade is a game-changer in the US sports betting arena, blending the excitement of sports wagering with the strategic trading of the stock exchange. As an avid bettor, I've experienced firsthand how Sporttrade revolutionizes betting platforms by allowing you to be both a buyer and seller, offering a transparent platform for trading bets like stocks.

This unique approach in the sports betting industry provides an unparalleled wagering experience where I can set my lines and trade with others in real-time, truly setting Sporttrade apart among sports betting platforms. While the site doesn't provide a casino platform, it is a completely unique operator I think bettors will love.

Sporttrade Sportsbook Promo Code Details

Where is Sporttrade sportsbook available?

Sporttrade is only available in two jurisdictions currently, Colorado and New Jersey. The site is available as a fully-fledged sports betting exchange in New Jersey and as a standard sportsbook in Colorado.

Sporttrade Sportsbook Key Facts

• Established Since: 2022
• Reputation: Excellent
• Availability: Available in CO & NJ
• Payment Methods: Bank cards, online banking, PayPal
• Customer Support: Live Chat, Email, Phone (Callback)
• Licensing: Colorado Division of Gaming, New Jersey Division of Gaming Enforcement
• Live Betting: Yes
• Loyalty Program: No
• App Rating: ⭐⭐⭐⭐
• Other Sporttrade Apps: Sporttrade fantasy

PROS & CONS

1. Follow this link to sign up for the Sporttrade app and create your account.
2. Select register and enter some personal details.
3. When your registration is confirmed, head to the cashier and make a deposit.
4. Once your deposit is confirmed, place a qualifying bet on a Sporttrade market.
5. Sporttrade will give you 3% on each qualifying bet, up to $300, in your first week of betting!

How the Sporttrade Welcome Bonus Works

The Sporttrade bonus rewards new users with 3% cash back on qualifying trades within their first 7 days, up to $300. When I registered using the link on this page, I allocated $50 each on four different wagers of -400 or better, totaling a $200 handle. This earned me a $6 cash back, a nice little bonus to my wagering efforts. If you want, you can earn all the way up to $300 in cashback! Remember, the offer counts all the trades you make in the first seven days, rewarding your active participation without the need for an opt-in.

Important Bonus Terms & Conditions

The Sporttrade welcome offer is as straightforward as it is generous, but it's crucial to understand the terms to make the most of it. Here’s a breakdown of the key points:

• The bonus is only open to new users, and there is a limit of one promotion claim per household.
• You'll earn 3% cash back on qualifying trades in the first 7 days, up to $300.
• Cash back is calculated on the total amount wagered, with a payout within 72 hours post the 7-day period.
• The offer applies to new and existing customers who haven't deposited before.
• The maximum cashback is $300, and trades with odds of -400 or better count towards the offer.

As a sports betting exchange, aside from its welcome bonus, Sporttrade doesn't offer many sportsbook promos. This is disappointing, and while using the exchange, I thought it was a shame that promos like bonus wagering credits and special odds boosts weren't available. I'd like to see this improved in the future. If the exchange begins to offer more promotions in the coming years, you can keep up to date with this on our regular betting news and promotions page.

Another disappointing feature is the lack of a rewards program. This is a common feature at many top US sportsbooks, and I was a little disappointed to see that Sporttrade hadn't included it in its offering. In the future, I'd like to see this added to give extra value to users.

Sporttrade excels in offering a novel approach to wagering, setting it apart from traditional methods. It provides better odds and significantly lower fees, thanks to its real-time trading capabilities and market-driven odds. The opportunity for arbitrage and the absence of a traditional vig mean users can often find more value than through conventional channels. Sporttrade enables users to trade at any point during the game, offering unparalleled control over their betting portfolio. The ability to set one's own pricing further enhances this experience. It also offers features like live betting.

However, Sporttrade could improve by broadening its reach beyond NJ and CO. Luckily, it is seeking licenses in other jurisdictions, expected to launch soon. It could also expand its educational resources for newcomers. Enhancing its geolocation technology could also offer a smoother, more reliable user experience, ensuring users stay connected wherever they are.

As a relatively new sportsbook, having launched in NJ in September 2022, Sporttrade offers less sports markets than some of its more established competitors. This isn't necessarily a problem, as I found its markets to be more than adequate. You can bet on all the most popular US sports for wagering, like football, baseball, basketball, and ice hockey. In addition, the site offers some soccer markets, which is pleasing. Below, we've listed the sports available for wagering at Sporttrade:

• 🏈 Football (NFL, NCAAF)
• 🏀 Basketball (NBA, WNBA, NCAAB Men's)
• ⚾ Baseball (MLB)
• 🏒 Ice Hockey (NHL)
• ⚽ Soccer (EPL, International Matches)
• ⛳ Golf
• 🥊 UFC
• 🎾 Tennis

Best Sporttrade Sports Betting Options

• Moneyline: A moneyline bet is one of the simplest available - you simply have to pick the winner in an event.
• Point Spread: With a point spread, a handicap is applied to the favorite team's final score. To win the bet, predict the winner after the handicap has been applied.
• Totals: In a totals wager, you are predicting whether the combined final points for both teams will be above or below a wagering line.
• Props: Props are bets placed on individual statistics of a player or team. For example, whether a QB will complete for over 300 passing yards. These bets are popular at NFL betting sites, like Sporttrade.
• Parlays: Parlays combine several wagers into a single slip. For the parlay to pay out, each selection must be correct.
• Futures: A futures market is on a significant event in the future, like wagering on the winner of the Super Bowl or the winner of the Cy Young Award at .

I've been exploring the Sporttrade app on both my iOS and Android devices and found it refreshingly straightforward. It's a unique blend, somewhere between a clean sportsbook and an online exchange, focusing purely on the essentials. The Sporttrade app is divided into four main areas: Markets, Portfolio, Futures, and Account, making it easy for me to navigate through live games, manage my open positions, and adjust my settings, including a handy light/dark mode toggle.

From my experience, the Sporttrade app stands out for its clear, fast platform, especially when I'm looking to quickly create or adjust my positions on various games. While it's a bit different from what I'm used to with some of the best betting apps, its streamlined approach has made my experience engaging. The application could benefit from a few tweaks here and there, especially in geolocation, but overall is excellent.

Sporttrade Sportsbook App vs FanDuel App vs BetMGM Sportsbook App

Deposit Options & How to Deposit

Deposit options include online banking, PayPal, Venmo, and Cash at Cage in New Jersey. These cover most of the popular payment options at top US sportsbooks, and I was pleased with the ease of making payments on the platform. The minimum deposit was excellent, too, at just $5. To deposit on the Sporttrade app, follow the step-by-step guide below:

1. Head to the cashier section on the application.
2. Select the deposit option.
3. Choose your banking option.
4. Enter a deposit amount.
5. Follow the instructions to complete your deposit.

How to Withdraw from Sporttrade Sportsbook

Options to withdraw from Sporttrade include online banking via Trustly, Bank Cards, PayPal, Venmo, and cash at Bally’s AC casino cage (NJ only). The minimum withdrawal is $5, which is lower than most platforms on the market. Expect more methods as Sporttrade grows. PayPal requires you to have deposited with the same account. Follow our guide below to get started:

1. Head to the cashier section
2. Select to withdraw.
3. Choose your preferred payment method and withdrawal amount
4. Follow the instructions from your banking option to complete the transaction.

Available Withdrawal Options

• Online Banking
• Bank cards
• PayPal
• Venmo
• Cash at Cage (NJ Only)

Bet Responsibly

When using the Sporttrade app, always prioritize responsible gambling. Set limits for yourself to ensure your experience remains enjoyable and within your means.

Claim the Latest Bonuses

For the latest promotions from Sporttrade, visit gambling.com regularly to discover the latest bonuses that can enhance your experience on this exchange.

Read the Headlines

Keeping informed with the latest sports news can significantly improve your chances on the Sporttrade market, helping you make more informed decisions.

Bet on the Go

The convenience of the Sporttrade app allows you to stay engaged with your favorite sports markets anytime, anywhere.

Have Fun

Use Sporttrade's responsible gambling tools, like deposit and session limits. If needed, seek assistance from third-party organizations, like the NPGC, the contact details for which we have listed below.

• National Problem Gambling Helpline
• Call: 1-800-GAMBLER
• Text: 800GAM
• Chat: 1800gamblerchat.org

7. Security & Customer Support

 

If you have a problem while placing sports wagers using the Sporttrade app, the operator offers numerous ways to get in touch with Sporttrade and troubleshoot your problems. The application offers an extensive FAQ section discussing the market exchange system and how to fund and withdraw from your account. If you need further assistance, the exchange offers a live chat and email support, or you can request a callback from a Sporttrade representative.

 

 

8. Final Verdict & FAQs

Sporttrade impresses as a dynamic operator in Colorado and New Jersey. With better prices, no wagering limits, and flexible markets, it offers a unique experience. However, its mobile-only access and limited sports selection could improve. Overall, the company stands out for its innovative approach, making it a valuable choice for those seeking a new wagering experience.

 

Sporttrade FAQs

Is Sporttrade Fantasy a Sportsbook?

Is Sporttrade Sportsbook Legit and Safe?

Is Sporttrade trustworthy?

Is Sporttrade a sportsbook?

How long does it take Sporttrade to pay?

What is the minimum bet on Sporttrade?