Sporttrade NJ Sportsbook Promo Code and Bonus 2023

Sporttrade is live in New Jersey. 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’s just like financial day trading but with sports. 

Sporttrade NJ Welcome Bonus and Promo Code

You can claim a Sporttrade welcome bonus as soon as you open your account in NJ. The bonus code is optional, use links. 

• $10 No-Deposit Bonus
• 100% Deposit Match up to $500

To start, Sportstrade will award $10 in no-deposit bonus funds for use on any contracts or markets. In addition, you can claim 100% bonus funds when you deposit up to $500. 

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 licence. 

Step 4: Sign in and make a deposit at the Sport Trade cashier. 

Sports Betting Markets at Sporttrade

The newest betting platfrom in New Jersey 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 Sport trade 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)

Betting Features at Sporttrade Sportsbook

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 NJ Sportsbook Mobile 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 NJ Sportsbook Bonuses & Loyalty Program

The 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.

Customer Support

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

Sporttrade New Jersey FAQ