VIP/Rewards Grade: 3/5 Summary: STX has a rewards program that can reduce your commission and get you a VIP host.
Updated: Jun 13, 2025
3 min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
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 guarantees 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.
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What To Know
STX is regulated by your local gaming commission. Regulated sportsbooks provide customer protections that you will not have when using an unregulated sportsbooks or sweepstakes sportsbooks.
STX is unregulated. Unregulated sportsbooks do not provide the same customer proctections that regulated sportsbooks have.
STX follows a sweepstakes model. Sweepstakes platforms are regulated by the Federal Trade Commission and state sweepstakes laws instead of your jurisdiction's gaming commisison. These protections are less than those provided by a regulated sportsbook, and are designed for traditional sweepstakes, not a sportsbook.
STX is a sportsbook. Sportsbooks, unlike exchanges, act as "The House" and often have more vig than a betting exchange.
STX is an exchange. Exchanges often offer better odds than a traditional sportsbook, do not limit players, and are matched betting friendly.
In some states STX operates as a betting exchange, and others they operate as a sportsbook. In both situations STX will not limit bettors.
STX is "Player Friendly". Player friendly sportsbooks/exchanges do not enact limits on players making them perfect for matched betting.
STX is "Slower-to-Limit". Slower-to-Limit sportsbooks take longer than average to enact limits on winning bettors.
STX is "Quick-to-Limit". Quick-to-Limit sportsbooks enact limits signifcantly faster than your average sportsbook. If you show signs of being a winning bettor, limits will quickly follow.
STX has high limits. Sportsbooks with higher limits are useful for generating VIP status and hedging large promotions.
STX has low limits. Sportsbooks with lower limits are can make hedging larger promootions, such as those assocaited with VIP status, difficult.
STX seems to be more likely than other sportsbooks to limit bettors after a withdraw. Avoid withdraws from STX as much as possible.
STX is the only regulated betting exchange in Ontario. 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. STX charges up to 3% commission on winning bets. The exact rate depends on your Rewards Program tier. Learn more below.
Notes: Sign up with referral code ‘DHO’ to start at the Veteran tier and get 0.5% off your commission.
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VIP/Rewards Program
Signing up with referral code 'DHO' starts you at Veteran in their loyalty rewards program. This immediately reduces your commission and increases your profit.
MLB House Rules
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.
The only regulated sports betting exchange in Ontario.
Updated: Jun 13, 2025
3 min read
Note: If you are located in Ontario, we are not able to display any available promotions.
Matched Betting
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 guarantees 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.
STX is the only regulated betting exchange in Ontario. 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. STX charges up to 3% commission on winning bets. The exact rate depends on your Rewards Program tier. Learn more below.
Notes Before Signing Up
Use referral code 'DHO'.
MLB House Rules
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.
