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Sporttrade Review: Win More With Our Top-Rated Sports Betting Exchange for 2024

Mike Noblin
Written by: | Fact checked by: Earnest Horn
Last Updated: June 3rd, 2024

There is good news for sports bettors in both Colorado and New Jersey! Sporttrade is now live in both states, and they’ve been helping sports bettors get better prices for the last 2 years.

In this review, we’ll share our experience using the app and break down the pros and cons of Sporttrade to let you know if they’re a good fit for you and your betting bankroll.

Sportsbook Review Details

Final Verdict:
Sporttrade is an outstanding betting exchange with a ton of betting options. Folks will love their bonus offer, the sleek and easy-to-use app, and their remarkable customer service. If Sporttrade is available in your state, we highly recommend giving them a shot.

EatWatchBet Rating:
4.9 out of 5
Website and Mobile App
4.7
Odds and Payouts
5.0
Betting Options
4.9
Bonus Offer
4.7
Customer Support
5.0
Welcome Offer:
Get Up to $300 Cash Back
Promo Code: EWB1

21+. Please Gamble Responsibly. Gambling Problem? Call 1-800-GAMBLER.

Sporttrade Pros and Cons

Pros

  • Fantastic mobile app that’s easy for both new and seasoned bettors to use.
  • Decent bonus offer for a betting exchange.
  • Pay less juice since you aren’t betting against the house.
  • Plenty of fun odds boosts each day for players.

Cons

  • The bonus offer isn’t as lucrative as traditional sportsbooks.
  • No teaser or parlay betting options.
  • Not as many player prop options as some bettors would like.

Sporttrade Overview

Tired of getting limited or banned from generic sportsbooks for winning too much? Some US sportsbooks are notorious for throwing out any bettor with a pulse and some brain cells. You won’t have to worry about that with Sporttrade!

Since Sporttrade is a betting exchange, they’re a perfect fit for sharp sports bettors and folks who bet on sports for a living. They offer the opportunity to bet against other bettors instead of a publicly traded company that’s obsessed with increasing profit margins.

Sporttrade has been doing business in New Jersey and Colorado since 2022 and has a nearly flawless reputation in both states. The good news is that Sporttrade will be making its way to Indiana and Louisiana at some point in the near future.

Sporttrade Betting Exchange Features

Betting Options, Odds, and Juice

Though Sporttrade offers a decent amount of betting options, sports bettors won’t find some of the things they’re used to betting at standard sportsbooks. For example, Sporttrade does not offer any type of teasers or parlay betting. They also don’t offer many futures options or a wide variety of player prop bets.

All of that being said, Sporttrade does offer standard sides and totals for NFL, college football, NBA, WNBA, college hoops, MLB, NHL, soccer, and tennis. Most bettors will be able to find plenty of wagering options on the Sporttrade app.

The odds at Sporttrade are unlike anything you’ll find at a standard sportsbook. That’s because players can choose their own odds, as long as another bettor takes the other side of the wager. This makes Sporttrade an extremely attractive option for all sports bettors.

The main area that Sporttrade shines is juice. Since they’re a betting exchange, folks can often find bets with -105 or -103 juice instead of the usual -110 at standard sportsbooks. This may seem like a small savings, but it can add up to hundreds or even thousands of dollars saved throughout a season.

Live Betting with Sporttade

In-game wagering has become all the rage with both new and experienced sports bettors. Being able to bet on a game as it’s unfolding makes the action that much more exciting. Sporttrade provides plenty of live betting opportunities.

When it comes to live betting, any bettor will tell you that speed is king. The sportsbook or betting exchange you choose must process wagers at lightning-fast speed. Sporttrade does just that!

Anyone who’s been betting longer than 5 minutes knows how annoying it is when a live bet times out on you. The betting slip will spin and spin before denying your wager. Thankfully, that doesn’t happen at Sporttrade.

When compared to other betting exchanges we have reviewed, Sporttrade's live betting options are by far the best in the industry.

Sporttrade Mobile App

Sporttrade also has a fantastic mobile app for their customers to use. It has a clean layout that makes it easy to toggle between sports and bet types. No, you won’t see a ton of bells and whistles, but that’s kind of the beauty of it.

What do Sporttrade’s clients think of its app? It has an impressive 4.7 out of 5-star rating on the App Store. Also, over 1,000 Android device users have downloaded the Sporttrade app.

Unfortunately, Sporttrade does not offer a desktop website at this time. However, with such an easy-to-use mobile app, this isn’t that big of a deal for most sports bettors. While the website does not allow you to place bets, you can always access the order book at Sporttrade.com.

Welcome Bonus and Promotions

Sportsbooks offer signup bonuses and promos as a way to attract new clientele. Since the industry is growing more competitive by the day, promos are becoming more lucrative than ever before. That being said, since Sporttrade is a betting exchange and not a sportsbook, the bonus is not as enticing.

However, Sporttrade does offer a decent signup promotion for new players. For a limited time, those new to Sporttrade can get up to a $300 bonus during their first 7 days of betting.

Keep in mind, however, that the terms of the bonus are not ideal. The way the bonus is structured, folks will receive 3% of their overall betting volume returned to them as cash back. That means a player will have to wager $10,000 to receive the full $300 bonus.

Sporttrade Screenshots

Sporttrade FAQs

Since Sporttrade hasn’t been around for very long, folks are bound to have questions about their app. Because of this, our team has worked hard to compile the following frequently asked questions section.

Here you can quickly find the info you need before deciding if Sporttrade is right for you and your betting bankroll. Also, feel free to reach out to us if you can’t find the info you need.

What deposit and withdrawal options does Sporttrade offer?

As of February 2024, Sporttrade offers the following depositing options: online banking through Trustly, PayPal, Venmo, or cash at the Bally’s in Atlantic City. The same options are also available when it comes time for a withdrawal. Sporttrade does not accept credit cards or debit cards at this time.

Is Sporttrade legit?

Absolutely! Sporttrade is a legitimate company that pays taxes in the US states it does business in. They are partnered with Bally’s in Atlantic City for their New Jersey operation. They’re partnered with GF Gaming in Colorado. Sporttrade follows all of the industry standards and regulations, so you can rest easy that your money and personal info are safe and secure.

How good is the customer service at Sporttrade?

Sporttrade has a sensational customer service team. Their Help Desk can be reached via email, live chat, or on Twitter / X. You can also request a callback via phone if you so desire. Sporttrade also has a pretty expansive FAQ section where you can search for the answers you need.

How is Sporttrade different from standard sportsbooks?

Sporttrade is not a sportsbook. It’s a betting exchange that works kind of like a stock exchange. Folks can buy or sell teams for sporting events the same way they’d buy or sell a stock. This results in better pricing for customers and less fluff.

21+ to wager. Please Gamble Responsibly. Gambling problem? Call 1-800-GAMBLER or 1-877-770-7867 in Colorado.

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You'll Save Hundred or Even Thousands in Juice!

April 4, 2024

If you've never bet with a betting exchange before, do yourself a favor and sign up with Sporttrade! Unlike the standard -110 juice, you'll enjoy -104 or even -102 in some instances. These kind of small savings really add up over a season's worth of bets!

Randy Robertson
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.

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