How Sporttrade Works

Sporttrade is a sports betting exchange that allows you to trade on sports outcomes in a way that’s similar to how investors trade stocks or crypto.

Instead of betting against a sportsbook, you buy and sell positions directly with other users at transparent, market-driven prices.

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Trading on Sporttrade

Each outcome in a contest (for example, Eagles to win or Over 45.5 points) is represented by a contract priced between $0 and $100.

The price reflects the market’s estimated probability of that outcome occurring.

• A price of 60 implies a 60% probability
• If the outcome occurs, the contract settles at $100
• If the outcome does not occur, the contract settles at $0

You can buy or sell positions at any time before the event starts or while it is live. This allows you to lock in profits, reduce losses, or adjust your exposure as prices move.

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How Trading Is Different From Traditional Sportsbooks

Unlike traditional sportsbooks, Sporttrade operates as an exchange.

This means:

• You trade with other users, not against the house
• Prices move based on supply and demand
• You can enter or exit positions before or during live play
• Market prices update in real time as the game unfolds

This structure gives you more flexibility, transparency, and control over your trades.

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Where You Can Trade

Sporttrade is currently available in:

• New Jersey
• Arizona
• Colorado
• Iowa
• Virginia

Note: Exchange wagering is currently unavailable in Iowa.

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Safe and Regulated

Sporttrade is licensed and regulated in every state where it operates.

All customer funds, data, and trading activity are protected under applicable state gaming laws and regulatory oversight.

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Key Takeaways

• Trade sports outcomes priced between $0 and $100
• Prices reflect real-time market probability
• Buy or sell positions before or during a game
• Trade directly with other users, not the house
• Fully licensed and regulated in approved states

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