Sign-up Offer: Reduced Commission
Matched Betting Value: $1
VIP/Rewards Grade: 3/5
Summary: STX has a rewards program that can reduce your commission and get you a VIP host.
Updated: Mar 27, 2026
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 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.
What To Know
Available Locations
STX is available in the following locations.
Overview
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'.
- Understand the differences between a traditional sportsbook and a betting exchange.
- Learn how commissions work at betting exchanges.
Signup Offers
Reduced Commission
Signup with referral code 'DHO' to get 0.5% off your commission.
Amount: $1
Type: Manual Override
Bet Finder:
Qualifying Bet Amount: $1
Type: Reduced Commission
Bet Finder:
Qualifying Bet Deposit: $1
Minimum Hedge: $1
Expected Value: $1
Notes: Sign up with referral code ‘DHO’ to start at the Veteran tier and get 0.5% off your commission.
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.
Money line
Will The Odds Change: No
Run / Total / Alt Lines
Action: Yes
Will The Odds Change: No
Player Props
Pitcher Prop action: Must Start
Batter Prop action: Does Not Specify
Deposit & Withdraw Methods
The only regulated sports betting exchange in Ontario.
Updated: Mar 27, 2026
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.
Available Locations
STX is available in the following locations.
Overview
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.
Money line
Will The Odds Change: No
Run / Total / Alt Lines
Action: Yes
Will The Odds Change: No
Player Props
Pitcher Prop action: Must Start
Batter Prop action: Does Not Specify
Deposit & Withdraw Methods
