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Sporttrade Promo Code: Get Better Odds and Up to $300 Cash Back with Code EWB1

Mike Noblin
Written by: | Fact checked by: Nicholas Berault
Last Updated: May 1st, 2024

Want us to let you in on a little secret? The simplest way to perform better in sports betting during 2024 is to pay less juice! The easiest way to pay less juice on your wagers is to sign up for an account with Sporttrade.

Sporttrade is a betting exchange where you wager against other bettors instead of a sportsbook. Because of this, you can get better odds than the standard -110 juice.

To sweeten the deal even more, all new customers who use the Sporttrade promo code EWB1 receive up to $300 cash back during their first 7 days of betting!

Sporttrade Sportsbook

Up to $300 Cash Back

Get 3% Back for First 7 Days
Claim Offer
Promo Code: EWB1
21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER.

Sporttrade Promotions: Quick Facts

  • New customers can get up to $300 Cash Back during their first 7 days with promo code EWB1.
  • New players get 3% cash back on each bet (Max = $300) for 7 days.
  • Cash back offers are not available for cash-out wagers.
  • Available in New Jersey and Colorado only.
  • New players only, must be 21+ years old, limited 1 offer per household.

Sporttrade Welcome Offer Details

Sporttrade makes it easier than ever to take advantage of its promotional offer. As one of the few legal betting exchanges in the United States, sports bettors are sure to be satisfied with all of the offerings on Sporttrade.

Check out the table below for the complete offer details and important terms and conditions attached to our Sporttrade promo code offer.

Sporttrade Promo CodeEWB
Bonus OfferGet Up to $300 Cash Back During Your First 7 Days of Trading
Expiration DateMay 31, 2024
Offer TermsNew Players Only and Must Be in Colorado or New Jersey (21+ yrs only)
Last VerifiedMay 1, 2024

Sporttrade’s bonus offer of up to $300 Cash Back sounds like a fantastic offer. However, it may not be a good one for smaller sports bettors or folks who just want to bet casually. Here’s why:

The terms of the bonus offer state that Sporttrade will give new players 3% Cash Back on every bet that they make for the first 7 days. While that is great in theory, to get the full $300 promo, the customer will have to place $10,000 worth of trades during those 7 days.

That just won’t be possible for bettors who don’t bet massive amounts. Overall though, the bonus offer is a nice gesture from Sporttrade and not too bad, considering that betting exchanges have to work on a much thinner profit margin.

Also, when taking advantage of this bonus from Sporttrade, make sure you place wagers with odds of -400 or less. Anything over -400 will not be eligible for a cash-back award. The bonus amount is paid to your account as real money and can be wagered or withdrawn at your discretion.

Sporttrade Promo Code Offer

How Does Sporttrade Work?

Sporttrade has only been in the United States sports betting market for a couple of years, but bettors have been giving both their app and their generous promotions rave reviews. Unlike a standard sportsbook, Sporttrade is a betting exchange where people can participate in peer-to-peer betting.

How does this benefit bettors? It means they can pay less overall juice on each bet instead of the industry standard of -110. For example, most customers on Sporttrade can often find the point spread they want to bet at a juice of -103.

That 7 cents of savings on one wager may not sound like a big deal, but if you bet to win $100 per game that’s a $7 savings. That $7 adds up really quickly if you’re placing wagers on hundreds or even thousands of sporting events per year.

Sporttrade makes it super easy to set up an account. Just enter a few personal details and make your initial deposit. They accept deposits through Online Banking through Trustly, PayPal, or Venmo.

Our Favorite Sporttrade Features

Our team has spent months testing the Sporttrade app, and we cover our experience in great detail in our Sporttrade review. That said, it's worth pointing out our favorite features and what we think makes Sporttrade the top betting exchange in the U.S. market.

Find Improved Odds on Every Wager

The most obvious advantage of using Sporttrade is the cost savings that it provides to sports bettors. As we mentioned above, being able to pay -103 juice instead of -110 is a huge advantage over the long haul. This is something folks won’t find with a standard sportsbook.

No Betting Limits

Another great feature of Sporttrade is that they will never ban you or limit you, no matter how much you win. This makes Sporttrade extremely attractive to sharp bettors and/or people who bet professionally. With Sporttrade, you bet against fellow sports bettors and not a sportsbook.

Instant Wager Fullfilment and Great Live Betting Options

Sporttrade also processes wagers a whole lot faster than most standard sportsbooks. This is vitally important and more convenient if you’re someone who likes to engage in live betting (aka: in play). With Sporttrade, you won’t have to deal with the betting slip timing out on you after you hit submit! How nice is that?

Great Mobile App

The overall layout of the Sporttrade app and website is fantastic. Both have a clean look that is clutter-free and not overly busy like some sportsbooks in the industry. Just one visit to the app or website and you’ll see that Sporttrade makes user-friendliness a top priority.

Customers can easily toggle between live games, upcoming games, and futures options. Sporttrade also makes it remarkably easy to keep track of your current wagers. This is a nice benefit for both new and experienced sports investors.

Lastly, Sporttrade offers a wide variety of betting options for NFL, college football, NBA, college basketball, WNBA, MLB, NHL, golf, soccer, and MMA. Bettors can choose to bet moneylines, run lines/puck lines, totals, or a small number of futures and player props.

Sporttrade App Screenshots

Frequently Asked Questions

Have questions about the promotional offers at Sporttrade? This section can help you out quite a bit with that. The following questions and answers can provide you with some basic info before you set up your Sporttrade account.

Where is Sporttrade available?

For now, Sporttrade is only available in two states: Colorado and New Jersey. Bettors in these two states can download the Sporttrade app and set up an account in a matter of minutes. Sporttrade will be coming soon to Indiana and Louisiana and they may branch out into other states in 2024.

Are there any downsides to Sporttrade?

No sportsbook or betting exchange is perfect, and Sporttrade has its share of drawbacks and challenges. For example, sports bettors won’t be able to bet teasers or parlays at Sporttrade. You also won’t have access to very many player prop betting options at Sporttrade.

When does the Sporttrade promo code expire?

The bonus offer will expire on May 31, 2024, so get signed up before it’s too late. Remember, once you sign up, you get 3% Cash Back on all wagers for 7 days!

Does Sporttrade have an app?

Yes, Sporttrade has an incredible app for both iOS and Android devices. The app may be only a couple of years old, but it currently has a 4.7 rating on the App Store and a perfect 5-star rating on the Play Store.

How does the Sporttrade bonus offer stack up with its competitors?

We won’t compare Sporttrade’s offer with standard sportsbooks like FanDuel or DraftKings because it wouldn’t be an apples-to-apples comparison. Standard sportsbooks run on much higher profit margins, so they can afford to offer more lucrative signup bonuses to attract new clients.

Over time, you will find that the difference in the welcome bonus is more than made up for by improved odds and higher payouts.

21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER or call 1-877-770-7867 (CO).

Mike Noblin

Mike has been involved with sports for over 30 years. He played college baseball and has been betting on sports for more than 20 years. He has a degree in Sports Psychology and covers the NFL, CFB, NBA, and MLB for EatWatchBet.