Sporttrade

What is the "Matched Betting Value" listed above? This is the amount of profit that you can make from the sign-up offer through a technique called matched betting. In short, it is a mathematical approach to sports betting that enables profit by hedging your bets. This allows you to cover all possible outcomes and secure a profit no matter what happens in the game. This is different from gambling because there is no risk of losing. Learn more in our What Is Matched Betting guide.

Sporttrade first launched in New Jersey in late 2022. One of the most important things to understand about Sporttrade is that they are not going to limit bettors. They actually promote matched betting and arbitrage.

Sporttrade is a betting exchange rather than a traditional sportsbook. Traditional sportsbooks operate as bookmakers, setting the odds for various events and accepting bets from customers, with the sportsbook itself acting as the counterparty to each bet, often referred to as "the house". Betting exchanges operate like a financial market where individuals trade bets against each other rather than the house. This often leads to more competitive odds, and greater flexibility. Some betting exchanges have market makers that help provide liquidity to their offerings. Sporttrade like other betting exchanges charges a 2% commission to winning bets.

Sporttrade's footprint is continuing to grow across the US. In some states they operate more like a traditional sportsbook because a user is not able to request their own odds, but they follow the same business model of never limiting users and charging a 2% commission on winning bets.

Make sure you understand what a betting exchange is.

LiquiBoost - You can request increased liquidity for a specific market by contacting Sporttrade.

Sporttrade, like many other exchanges, does not have a large number of promotions available.  Instead their appeal to matched bettors is the fact they will never limit you. They do have a sign-up offer and "LiquiBoost".

Cash Back

Sporttrade has a sign-up off of 10% Cash Back up to $300 during your first week. Minimum odds of -400.

Qualifying Bet Finder

You can use the Qualifying Bet Finder on DarkHorse Odds to guarantee a profit of over $250. In addition to the Qualifying Bet Finder DarkHorse Odds has all the tools needed to convert a wide variety of sportsbook promotions such as Bonus Bets, Second Chance Bets, Site Credit, and more. You can learn more about matched betting in our guides.

LiquiBoost

One potential drawback from betting exchanges is lower liquidity when compared to a traditional sportsbook. Sporttrade completely resolves this issue with their LiquiBoost promotion. You can text Sporttrade and ask for increased liqudity on a market. The minimum number of contracts for a LiquiBoost offer is 50, but there is not a maximum. Think multiple tens of thousands if not more.

Each sportsbook has its own House Rules which determine how a bet is graded. These rules cover unlikely events, such as what happens to your bet when a game is canceled.

Usually, the different house rules across sportsbooks do not have an impact on matched betting. However, in Major League Baseball (MLB), there are notable exceptions. A simple example is when a game is postponed due to weather. Read our House Rules Comparison guide to learn more.

For MLB it is also important to understand what defines Action.