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Betting.net / Sporttrade Review

Sporttrade Review & Ratings 2024: Is Sporttrade Legit?

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User Reviews

Dynamic Sports Betting and Trading Exchange

Have you been on the road looking for a fresh and exciting new betting destination? Well, you may well have just stumbled onto just that with Sporttrade.

Sporttrade is a sports betting exchange that is doing things differently to your average sportsbook. They have walked their own path to reach a new and exciting betting destination. Our Sporttrade reviews were most impressed with this new take on sports betting. Check out the rest of our review to see what this platform has in store for you.

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Sporttrade: Pros & Cons
  • Fantastic customer support
  • Exciting new take on sports betting
  • Easy to use platform
  • Limited deposits information
Payment Methods
PayPal
Venmo
Bank Transfer
License
New Jersey (US)
Accepts Customers from
Players from Virginia not accepted
Withdrawal
3 – 5 Days
Company
Sporttrade New Jersey, LLC
Founded
2017
Website
getsporttrade.com
Available Languages
EN
Customer Support
Email Support
Email
info@getsporttrade.com
Overall Rating
Rating follows
  • Bonus Offers & Free Bets
    4.3/5
  • Usability, Look & Feel
    4.2/5
  • Mobile App
    4.1/5
  • Payment Methods
    3.9/5
  • Customer Service
    4.0/5
  • Licence & Security
    4.3/5
  • Rewards & Loyalty Program
    4.0/5
No review posted yet.
User Rating
0/5
5 Stars
0%
4 Stars
0%
3 Stars
0%
2 Stars
0%
1 Star
0%
Last Updated on April 6, 2024
Fact checked by: Jesse M Cox

Bonus offer - what can you claim at Sporttrade?

Bonus offers are a great way for online sportsbooks to entice new players to their site. Unfortunately, at the time of writing our Sporttrade reviews we couldn’t find any promotions on the site. This is not completely surprising for 2 reasons. The first being that Sporttrade is not your typical sportsbook so they may not take the same route as some of their competitors.

The most likely reason though, is because Sporttrade is very new to the scene. They only started the site at the start of 2019 so they may have not had the time to get around to putting together a thoughtful welcome bonus yet. We’ll keep our eyes peeled for if and when this changes on the site. If you are looking for specific welcome bonuses for sports betting then we suggest taking a look at some of our other bookmaker reviews.

Usability, look & feel - where sports betting meets stock trading

The Sporttrade platform is exceptionally well put together. Our Sporttrade reviews took the time to run through the site and how it operated and what we found did not disappoint us. As you know by now, Sporttrade is not like any other online sportsbook we’ve featured in a bookmaker review. It imitates stock trading practices while sticking to the world of sports betting. Thankfully, the site lends itself to being able to adapt to this kind of betting quickly. There are features on the site that are well explained in the FAQs section so you won’t be out of your depth for long if this is the first time you are using a site like this.

The site itself is laid out in a simple way that makes navigating around it very easy. You’ll find everything you need to know about the site either at the top of the homepage or right at the bottom where you can check out the terms and conditions, about us, the contact information section and more. All in all, our Sporttrade reviews were more than happy with what we found when it came to the overall usability, look and feel of the platform.

Payments - making deposits and withdrawals

Our reviews of online sportsbooks will always take the time to analyze the available deposit and withdrawal methods on the site. With that being said, we found it a bit tough to get our hands on any pertinent deposit information on the Sportrade platform.

WIth that being said, this may have something to do with the fact that the site pirates differently to other sports betting sites. When new players sign up to Sporttrade their account is credited with $1,000,000. These are fictional dollars of course but there is still ample opportunity to earn real money on the  site as the NCAA, NFL and NBA seasons progress.

You will more than likely be able to add more funds to your account and we would be surprised if you couldn’t do so with at least bank transfer, credit card, debit card and a couple of different e-wallet options. The site is still very new so the range of deposit and withdrawal methods will likely expand as the site picks up more traction in the US.

Customer Service - getting in touch with the operator

To be honest, this is probably one section of the site where Sporttrade could stand to improve a little. Our Sporttrade reviews found that you could get in touch with the support members in the site via their email address. Aside from that, there was no live chat feature or phone number to use.

While the lack of contact method options was somewhat disappointing, we still tested out how good the service was by contacting them via their email address ourselves. Thankfully, our experience was a positive one as we spoke with very helpful service members. They were professional and attentive to our queries and issues about the site. After speaking with the support member we grew in confidence knowing that there was someone on the other side that was genuinely invested in your experience using the platform. While we would love to see a couple more contact methods added in the near future, the email support seems to get the job  done for now.

License & Security - is Sporttrade safe to use?

At the time of writing our Sporttrade reviews, we found that the operator is currently only available in the US and more especially, in New Jersey. The site only recently launched so they may yet branch into the European gambling scene but for now only New Jersey residents can use the site. That also means that they are currently only licensed by the New Jersey Division of Gaming Enforcement.

As far as the security on the site goes, Sportstrade encrypts all of their webpages with the latest SSL-encryption technology. This creates an additional layer of security for players using the site. Essentially, it makes your sensitive information far more difficult to access by any malicious third-parties or hackers. You can use the site safely in the knowledge that your deposits and withdrawals and all of your information is well protected.

Rewards & Loyalty Program - nothing on right now

As we mentioned earlier, Sporttrade is still a  very new online sports betting platform. There is no welcome bonus right now so it would stand to reason that there would be no rewards program either. This is exactly the case as Sportrade have obviously not gotten around to launching their loyalty scheme just yet. We aren’t too disappointed as we are trying to remain fair in our assessment of this new site. There will likely be a loyalty program launched on the platform soon and as soon as it is, you can find our thoughts on it right here in our Sporttrade reviews.

Betting markets

From what we could gather with our Sporttrade reviews, the sportsbook has quite a few different betting markets, although it operates very differently from your average sports betting site. Sporttrade is essentially the stock trading variant on sports betting sites. You buy and sell shares in the teams for the NBA, NFL and NCAA. Your share prices will fluctuate during the course of the season based on how well the teams actually perform. So, in reality, there aren’t any typical betting markets but you do have plenty of options in terms of how many shares you buy and for what teams.

Odds

Naturally, the odds would work differently from usual sports betting sites as well. In fact, there are no real odds but the share prices for buying and selling are influenced by how well a team is performing throughout the season. So, in another way, they are similar to the odds you would usually have on sporting events. Now, it simply influences how much you can buy and sell their shares of each team for.

Live betting & streaming

When you really think about it, all Sporttrade is, is continuous live betting. The season is always on and your ability to alter your trading positions is available all season. As such, you always have access to in-play trading.

As far as live streaming goes though, there doesn’t seem to be any feature that allows you to watch the games live on the Sporttrade platform.

Limits

Sportrade gives their players the capabilities to set their own trading limits on their positions. There are no set limits on the side of Sporttrade but we’d imagine that if you were holding a significantly large position that they would issue some warning on the risk of going too big.

Product Summary & Conclusion

Overall, the Sporttrade model is an exciting one. It is a brand new take on sports betting. The inclusion of trading in and out of positions by buying and selling shares from each team makes for a new and exciting sports betting endeavor.

Sporttrade review FAQ

Is Sporttrade different to standard online sportsbooks?

With so many different sportsbooks available in the world of online gambling right now, it was likely going to become a reality that an operator would take a different approach at some point. Our Sporttrade reviews take the time to check out what makes this online sportsbook different from its competitors. There are plenty of exciting features on the site that we will take you through one by one with our Sporttrade reviews.

How do I use Sporttrade?

As it operates somewhat differently to your average online sportsbook, there are subsequently a few different ways to use Sporttrade. As such, our Sporttrade reviews will run through how to use the site, what some of the features are and what you need to look out for before signing up and placing your first couple of bets. You’ll know exactly how this interesting online sportsbook works after checking out our Sporttrade reviews.

Do Sporttrade offer a welcome bonus?

While they may operate a bit differently from other sportsbooks, there is still a good chance that Sporttrade offers new players a welcome bonus. Our Sporttrade reviews analyze the promotions that might be currently available on the site to make sure that our readers don’t miss out on any existing boosts to their initial deposits on the site. Check out the rest of our Sporttrade reviews to learn more about any promotional offers that you might be able to claim right now.

How do I make a deposit on the site?

If you are ultimately interested in using the Sporttrade platform, then you’ll need to make sure that they allow you to make deposits using your preferred payment methods. Our Sporttrade reviews will take you through the list of available payment methods on the site so that you can make sure that your deposit and withdrawals will be a breeze once you sign up.

What sports can I bet on with Sporttrade?

Just like any other sportsbook, you’ll want to know what some of the betting markets and sporting events are that you can get stuck into on the site. Our Sporttrade reviews will give you some insight into the range of sporting events available on the site and what some of the betting markets are as well.

Overall conclusion to our Sporttrade reviews

We have made it to the end of the road. Our Sporttrade reviews have been nothing short of impressed when analyzing this new take on sports betting. If you are looking to take on a new path for sports betting, then Sporttrade is the first site that we would recommend.

The platform is actually a lot easier to use than you might think as Sporttrade explains everything you need to know about using their site through their detailed FAQs section. There is a lot to like about this sports betting platform and we are excited to see how this new form of online sports betting takes off in the next couple of months. So, what are you waiting for, take a stroll on this groundbreaking new sports betting platform.

User Reviews for Sporttrade

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  • Offers shares for major sports
  • Easy to understand trading practices
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