Sporttrade Review & Promo Code GAMBL 2025

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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. 

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Quick Summary: Sporttrade at a Glance

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.

Pros
  • Sports betting exchange concept is truly unique in U.S.
  • Transparent pricing, which is often better price than competitors, earning one of our experts' best odds ratings
  • One of Gambling.com's top sportsbooks for customer service
  • No betting limits
  • Flexible markets
Cons
  • Betting is only available on mobile
  • Limited market & sport availability
  • Limited ongoing promos & no rewards program

Our Sporttrade Overall Score, Explained

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 CriteriaAverage Score
Sports & Markets5.5/10
Promotions4.25/10
Payments4.25/10
Customer Support8.5/10
Reputation & User Feedback7.0/10
Site UX5.75/10
Mobile Product6.5/10
Responsible Gambling9.25/10
Live Betting Features6.75/10
Odds Value8.75/10

Read more about how we review sports betting sites.

Sports & Markets: 5.5/10

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.

Attribute Icon - Red Sports
Shannon Lane
Shannon Lane

Because there are only four types of bets (moneylines, player props, game props, and futures) supported, Sporttrade appears more limited than other major sportsbooks.

Martin Booth
Martin Booth

The range of sports on offer at Sporttrade is not as extensive as you will find at other leading online sportsbooks. While the choice may not be broad, there are plenty of ways to play on the platform. 

Promotions: 4.25/10

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.

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Peter Mooney
Peter Mooney

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.

Shannon Lane
Shannon Lane

While using the exchange, I thought it was a shame that bonus wagering credits and special odds boosts weren't available. I'd like to see this improved in the future.

Payments: 4.25/10

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.

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Shannon Lane
Shannon Lane

The available payment methods reflect the tech-savvy attitude of the sportsbook, but are nonetheless limited to online banking, PayPal, and Venmo.

Martin Booth
Martin Booth

When you want to move money into, or out of, your Sporttrade account, your options are not extensive, particularly if you are an Android user. The operator itself recommends using online banking with Trustly. 

If you have an iOS device, you can make deposits using PayPal, Venmo, and real-time payments app Push Cash. None of these is available to Android owners. 

Customer Support: 8.5/10

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.

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Shannon Lane
Shannon Lane

We’ve had the chance to speak with the team behind the company, and they’ve been professional, personable, and genuinely focused on customer needs.

Martin Booth
Martin Booth

The fastest way to receive a response to a query is the live chat function. Clients who have used this feature report that their issue was resolved quickly and expertly. 

You can also call, send a text, or email, and the brand is active on social media, while the FAQ page on the app is impressively comprehensive. There are definitely more established operators with less robust options.

Reputation & User Feedback: 7.0/10

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.

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Peter Mooney
Peter Mooney

Users like how the exchange concept sets it apart from other sportsbooks, as well as its transparency, but some complain about technical issues with the app and other limitations. 

Martin Booth
Martin Booth

The exchange model, which has been popular for some decades in Europe, is relatively new to North America. But the quality of Sporttrade’s offering, and the simplicity of its messaging, ensure it is finding a niche in this new market.

The app is well designed, intuitive, highly responsive, and allows you to take a position on a game quickly and easily. 

Site UX: 5.75/10

There is no desktop betting site option for Spottrade; users can only wager using the mobile app. There is an online landing page with lots of supporting info on it, but the sportsbook is available only as an app, which you can access through both the major app stores.

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Peter Mooney
Peter Mooney

The website functions as a hub to help you find everything you need to bet confidently with Sporttrade, even though the concept may be brand new to you. There are links to download the app, view live markets, watch educational videos, and learn more about what makes the platform unique.

Shannon Lane
Shannon Lane

The biggest improvement I’ve seen with the Sporttrade website is the ability to view real-time odds. Previously, you could only access odds in the app, but this now offers a much easier way to monitor markets. 

Mobile Product: 6.5/10

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.

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Peter Mooney
Peter Mooney

I've been exploring the Sporttrade app on my iOS and Android devices and found it refreshingly straightforward. It's a unique blend of a clean sportsbook and an online exchange focusing on the essentials. 

Shannon Lane
Shannon Lane

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 other USA betting apps, its streamlined approach has made my experience engaging. 

Responsible Gambling: 9.25/10

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.

  • Call: 1-800-GAMBLER
  • Chat: 1800gamblerchat.org
Peter Mooney
Peter Mooney

I was impressed by the comprehensive wealth of information available on the Spottrade app about responsible gambling. 

Martin Booth
Martin Booth

It is possible to find information about Sporttrade’s commitment to helping you play responsibly, but you have to dig fairly deep to locate it. While many online sportsbooks offer a prominent link on their home screens, here you have to scroll down to one of the lowest tabs in the help center, or to the foot of the desktop landing page, to access the responsible gambling section. 

Live Betting Features: 6.75/10

Sporttrade offers live in-game betting, but no live streaming. That being said, live betting is one of our experts' and users' favorite things about Sporttrade. Here's why:

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Shannon Lane
Shannon Lane

Sporttrade shines particularly in its in-play functionality and is one of the largest betting exchanges available. As the action unfolds, odds shift dynamically, mirroring the live pulse of the game. This allows savvy bettors to leverage real-time odds, optimizing their betting strategies for potentially greater returns. 

Sporttrade's user-friendly interface makes in-play betting not just efficient but also a more engaging experience. 

Martin Booth
Martin Booth

In-play wagering is where the Sporttrade sportsbook comes into its own. Buying and selling your position during a game, in the same way you would on a trading exchange, is fast and easy. The information supplied is updated incredibly quickly, which means experts can place their wagers at top speed. 

With the quality of the mobile user experience and the novelty of wagering against other users rather than the house, this in-play product definitely has its place in the market.

Odds: 8.75/10

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.

Attribute Icon - Red Odds Value
Martin Booth
Martin Booth

This is one area where Sporttrade undeniably scores highly against its more conventional online sportsbook rivals. The platform offers odds in the form of probability expressed as a percentage, rather than in conventional American prices. That probability is selected from a selection of providers—and driven by the opinions of other bettors—to give the tightest margins, which means a conventional 110/-110 spread is more likely to be 105/-105.

It’s one of the reasons why users who become adept at exchange betting enjoy wagering here.  

Shannon Lane
Shannon Lane

The transparent odds pricing is excellent, and it’s one of the things that attracts users the most to Sporttrade.

About our Experts: What We Looked at When Reviewing Sporttrade

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:

  • {{anchor("Shannon Lane","GDC - GX - Author Profile",2406,"","","","gtm-content-internal-links")|raw}}: Functionalty & User Experience

    Shannon Lane: Functionalty & User Experience

    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.

  • {{anchor("Martin Booth","GDC - GX - Author Profile",2479,"","","","gtm-content-internal-links")|raw}}: Exchange Betting Features

    Martin Booth: Exchange Betting Features

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

  • {{anchor("Peter Mooney","GDC - GX - Author Profile",2407,"","","","gtm-content-internal-links")|raw}}: Transparency & Odds Value

    Peter Mooney: Transparency & Odds Value

    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.

Spottrade Betting Exchange Key Facts

Availability

Sporttrade is available online in Arizona, Iowa, Colorado, New Jersey, and Virginia.

Learn more about Sporttrade's launch and partnerships in each state:

StateLaunch DatePartner
AZSept. 26, 2024Quechan Tribe of the Ft. Yuma Indian Reservation, California & Arizona
COAug. 29, 2023GF Gaming
IAMay 2, 2024Wild Rose Casino & Hotel, Clinton
NJSept. 15, 2022N/A
VAOct. 24, 2024N/A

For more information on each state's regulations and guidelines, check out our legal sports betting states tracker.

Rewards Program

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.

Features We Love

  • LiquiBoost: Bettors can contact Sporttrade's brokerage service via text to request a higher betting limit. Sporttrade works to provide the desired liquidity.
  • Sporttrade 101: The website and app provide explainers and video guides to answer users' most frequently asked questions about Sporttrade and exchange betting. You can also read "Inside the Trading Room" blogs to take your betting to the next level.
  • Odds display: Prices are displayed as probabilities, rather than traditional odds formats.

You can compare Sporttrade's features to those of other exchange betting sites to see how it stacks up.

Company Information

Address:

Final Verdict on Spottrade

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.

FAQs

How do I download the Sporttrade app?

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How do I sign up for a Sporttrade account?

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How do I claim the welcome promo from Sporttrade?

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