Gambling.com Overall Score: 6.7/10 (No. 9 among U.S. betting sites)
Our Verdict: Even with limited availability, markets, and features, Sporttrade is a game-changer, blending the excitement of sports wagering with the strategic trading of the stock exchange.
Sporttrade is one of the most unique betting platforms available and one of the only ones offering exchanges across multiple states. The Sporttrade app offers a unique format where you can buy and sell sports bets, unlike traditional apps, where it’s you against them. So far, the Sporttrade app is one of the only apps available in the U.S. for sports betting exchanges.
Prices fluctuate constantly, and you can take advantage by buying or selling your position. No other national brands offer the same experience.
That being said, Sporttrade is missing some of the basics you'd expect from other betting brands. For example, you won't find odds boosts here, like at BetMGM or FanDuel. Other apps often also contain casino gaming, where available, and Sporttrade is just a betting exchange platform.
Sporttrade has not connected to any rewards programs yet, either.
This unique approach in the sports betting industry provides an unparalleled wagering experience. You can set lines and trade with others in real time, truly setting Sporttrade apart from other platforms.
While the site doesn't provide a casino platform, it is a completely unique operator that we think bettors will love.
We’ll cover all of this and more in this comprehensive Sporttrade review.
| Grading Criteria | Average Score |
|---|---|
| Sports & Markets | 5.5/10 |
| Promotions | 4.25/10 |
| Payments | 4.25/10 |
| Customer Support | 8.5/10 |
| Reputation & User Feedback | 7.0/10 |
| Site UX | 5.75/10 |
| Mobile Product | 6.5/10 |
| Responsible Gambling | 9.25/10 |
| Live Betting Features | 6.75/10 |
| Odds Value | 8.75/10 |
Read more about how we review sports betting sites.
As a relatively new sportsbook, having launched in NJ in September 2022, Sporttrade offers fewer sports markets than some of its more established competitors. However, this isn't necessarily a problem, as we found its markets more than adequate.
You can bet on all the most popular sports, including football, baseball, basketball, ice hockey, soccer, golf, UFC, and tennis.
As a sports betting exchange, Sporttrade doesn't offer many sportsbook promos aside from its welcome bonus, which is disappointing. The most attractive bonus is the LiquiBoost that enables high rollers to take a greater share of the action in return for better odds.
Sporttrade does offer a referral bonus if you recommend your friends and family to the platform. You can also earn a free trial to OddsPulse, a platform for betting exchange advice and insights.
Deposit options include online banking, credit/debit, and cash at the Bally's Atlantic City Casino cage in New Jersey. These cover most of the popular payment options, and I was pleased with the ease of making payments on the platform. The minimum deposit was excellent, too, at just $5.
You can withdraw from Sporttrade using online banking, debit, or cash. The minimum withdrawal is $5, which is lower than most platforms on the market.
Even though Sporttrade is live in only a few states, it brings an impressive level of customer support to each one. If you have a problem placing sports wagers using the Sporttrade app, the operator offers numerous ways to contact 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. You can even text with customer support agents within minutes of signing up and get access to a personal broker.
In its short history since it was founded by Alex Kane in 2018, the name of Sporttrade has attracted plenty of intrigue, attention, and praise.
Sporttrade is a legitimate, trustworthy operator licensed to accept wagers in multiple states. Its legitimacy is underlined by its use of enhanced security measures like SSL encryption on payments. Sporttrade only accepts safe and secure payment methods, like online banking and e-wallets.
The Sporttrade app is divided into four main areas: Markets, Portfolio, Futures, and Account, making it easy to navigate through live games, manage open positions, and adjust settings, including a handy light/dark mode toggle.
Your experience of the Sporttrade platform may be determined by the type of mobile device you use. Owners of iOS devices can access the markets in all five states where Sporttrade is live, and the high ratings they give the brand at the Apple Store show the quality of the service there.
The ranking on the Google Play Store is notably lower, which may be related to the restrictions applying to Android owners. Sporttrade is not available to them in Colorado and Iowa, while the smaller number of payment options via the Android version does not help either.
Enhancing its geolocation technology could also offer a smoother, more reliable user experience, ensuring users stay connected wherever they are.
Use Sporttrade's responsible gambling tools, like deposit and session limits. If needed, seek assistance from third-party organizations, like the National Council on Problem Gambling, whose contact details we have listed below.
Sporttrade offers a novel approach to wagering, setting it apart from traditional methods. Thanks to its real-time trading capabilities and market-driven odds, it provides better betting odds and significantly lower fees.
The opportunity for arbitrage and the absence of a traditional vig mean users can often find more value than through conventional channels. Sporttrade allows users to trade anytime during the game, offering unparalleled control over their betting portfolio. The ability to set one's own pricing further enhances this experience.
Our experts put every sportsbook, including Sporttrade, through a rigorous 10-step process to ensure they meet our high standards before we make recommendations to our users. Every sportsbook we review has been licensed by the states where it operates.
We sign up, download the mobile app, deposit real money, redeem promos, analyze markets, place bets, test out customer service, and withdraw funds—all so that we can make the most informed recommendations for you, our users.
Here's what they had to say after evaluating all 10 grading criteria for Sporttrade:

I prioritize a sportsbook’s functionality and user experience—especially real-time, in-play features and ease of use—while also valuing betting variety, payment flexibility, and promotional value as key components of a well-rounded platform.

As a long-time exchange bettor, I examined the features Sporttrade brings to the U.S. market that aren't available anywhere else.

As an avid bettor, I've experienced firsthand how Sporttrade revolutionizes online sportsbooks by allowing you to be both a buyer and seller, offering a transparent platform for trading bets like stocks.
Sporttrade is available online in Arizona, Iowa, Colorado, New Jersey, and Virginia.
Learn more about Sporttrade's launch and partnerships in each state:
| State | Launch Date | Partner |
|---|---|---|
| AZ | Sept. 26, 2024 | Quechan Tribe of the Ft. Yuma Indian Reservation, California & Arizona |
| CO | Aug. 29, 2023 | GF Gaming |
| IA | May 2, 2024 | Wild Rose Casino & Hotel, Clinton |
| NJ | Sept. 15, 2022 | N/A |
| VA | Oct. 24, 2024 | N/A |
For more information on each state's regulations and guidelines, check out our legal sports betting states tracker.
One disappointing feature is the lack of a rewards program. Although this is not uncommon, we were disappointed that Sporttrade hadn't included it in its offering.
In the future, we’d like to see this added to give extra value to users.
You can compare Sporttrade's features to those of other exchange betting sites to see how it stacks up.
Sporttrade impresses as a dynamic operator. With better prices, no wagering limits, and flexible markets, it offers a unique experience.
However, its mobile-only access and limited sports selection could be improved.
The company stands out for its innovative approach, making it a valuable choice for those seeking a new wagering experience.