Sporttrade NJ Sportsbook Promo Code and Bonus 2023

Sporttrade is now live in Colorado and New Jersey. Sporttrade went live in Colorado in August 2023, unveiling its state-of-the-art betting app that promises to bring a fairer and more distinct product to the sports bettors in the Centennial State. 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. Since the betting exchange has access agreements in Indiana and Louisiana, these might be the next state launches for the innovative betting platform.

Sporttrade Welcome Bonus and Promo Code

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

• Get up to $200 refund

To start, Sportstrade offers a bet insurance on your first wager with them up to $200. 

Sporttrade Welcome Offer Terms

• Create a new Sporttrade account and be physically located in CO or NJ.
• Make an initial deposit on Sporttrade – the offer is open to new and existing customers who have not deposited before.
• Within the first 7 days, place bets on any outcomes available in various markets such as NBA, NHL, MMA, and more.
• Earn a 3% cashback on each qualifying bet placed during the first 7 days, with the opportunity to earn up to $200. Note that partial cashouts do not qualify for additional cashback.

Signing Up to Sporttrade CO and NJ

Jump-start your betting experience with Sporttrade by following these simple steps to redeem the welcome offer:

1. Register for a new Sporttrade account via iOS app (App Store) for your smartphone or iPad.
2. 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. 
3. Make your initial deposit at the SportTrade cashier. This offer is open to both new and existing customers who have not made a deposit yet.
4. Within your first 7 days of membership, place bets on any outcomes available in the vast market range offered on Sporttrade including NBA, NHL, MMA, and more.
5. Enjoy a 3% cashback on each qualifying bet you place during your first week, up to a maximum of $200. Note that partial cashouts do not qualify for additional cashback.

Sports Betting Markets at Sporttrade

The newest betting platform in Colorado and 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 sportsbook 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 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.

SportsTrade Legal States

Sportstate is now legal in Colorado and New Jersey. SportsTrade launched its betting exchange platform in Colorado on the 29th of August 2023 and has access agreements in Indiana and Louisiana.

Customer Support

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

Sporttrade New Jersey FAQ