Sporttrade NJ Promo Code and Review

Sporttrade is live in New Jersey as of 2024. The unique betting exchange app is available for iOS smartphones and tablets. Buy and sell contracts in your favorite teams and make a profit when your team wins. It is just like financial day trading but with sports. Sign up using the SportsTrade promo code NJBET and take advantage of our exclusive offer: receive $300 cash back.

Sporttrade NJ Welcome Bonus

You can claim a Sporttrade welcome bonus as soon as you open your account using given promo code NJBET.

• Get up to $300 cash back

The process is simple: create a Sportstrade account, make your initial deposit, and start placing bets on any outcomes within your first 7 days, across a wide array of markets including NBA, NHL, and MMA, among others. Participants stand to earn a generous 3% cash back on each qualifying bet during the initial 7-day betting period, with the potential to accrue up to $300 in returns.

Signing Up to Sporttrade NJ

• Step 1: Download the iOS app (App Store) for your smartphone or iPad.
• Step 2: Complete the registration form with your personal details.
• Step 3: Verify your account by clicking on the email sent. You may also have to upload a scan of your US passport or driver’s license.
• Step 4: Sign in and make a deposit at the Sporttrade cashier.

Sports & Betting Markets at Sporttrade

Sporttrade currently offers exchanges on major sports and some college games. You can bet the moneyline, point spread or total points. The unique exchange model at Sporttrade means you can trade in and out of your position as the game takes place.

First, you buy an outcome of a game. You either pay dollars or take out a contract. You can sell your position later during the game depending upon what another Sporttrade gambler will pay.

The beauty of Sporttrade is that you can keep open a whole portfolio of contracts and positions. This is a list of all your live bets for that day. You can see how every live bet is performing. You can also check the moneybar to see the status of your open bets.  

Available Sports:

• Football (NFL, NCAAF)
• Basketball (NBA, WNBA, NCAAB)
• Baseball (MLB)
• Golf
• Hockey

Betting Options at Sporttrade:

• Moneyline
• Point Spread
• Total Points (Over/Under)

TOP Betting Features at Sporttrade NJ

Sporttrade’s whole operating platform is its special feature. It works like a betting exchange such as Betfair where you can buy and sell positions on a range of sports like NFL and NHL. You simply pay a small fee on any profit you make from a sports trade.

Sporttrade uses probability percentages instead of traditional bookmaker’s odds: this reflects the implied probability of an outcome. For example, if the Dolphins are listed on the BUY markets at $20, they have a win probability of 20%. However, should they be winning, you could SELL your position at a higher price to another Sporttrade customer.

The best part is that you get to set the price. You can set prices for other players to take or match other sellers on the Sporttrade site.

The difference with Sporttrade is that you can increase or decrease your position depending on how the game is going. You can also close out positions, a little like settling bets in in-play betting.

Limit Buy Order: This is a special order where you buy a position at a set price. It’s a way to control the price in your favor.

Limit Sell Order: Similarly, this is a set position where you sell your position only at a specific price.

Total Cost: This is the total investment (bet size) for your position, or the market you’ve chosen.

Cost Basis: The total stake (investment) divided by the total number of contracts you’ve taken out.

Sporttrade Mobile Bet App

Currently, Sporttrade has a mobile app for download on iOS smartphones and tablets. You can download the native app direct from the App Store. Alternatively, enter your phone number on the Sporttrade homepage to get an exclusive download link.

You can use the Sporttrade app to trade in-play or in and out of your positions. You can also make deposits or cash out of your account. You’ll need to run iOS 14.0+ on your smartphone or iPad and have around 77MB of space to cope with the app.

Sporttrade has made a quiet launch in the New Jersey market so there isn’t a lot in the way of special offers and promotions. We expect to see a loyalty program going live at Sporttrade NJ soon, as well as unique free bet offers.

Deposits & Withdrawals

• Online bank transfer
• Cash in person (Bally’s Atlantic City)

Withdrawals:

• Online bank transfer
• Cash in person (Bally’s Atlantic City)

Support

• Live chat
• Email (support@getsporttrade.com)
• Twitter (@sporttradehelp)
• Request a callback

SportTrade New Jersey FAQ