Tradesports is owned and operated by Trade Exchange Network Limited an Irish incorporated company. Members funds are held in segregated accounts separate from the Company's own capital. The Company is audited by Deloitte. TradeSports.com is a person-to-person trading "Exchange". It allows you to trade in the most innovative, transparent and exciting way on financial, sporting, current events, entertainment and many similar events. TradeSports members trade directly with each other, bypassing the middle-man. At the time of writing, you can even place or lay bets on the timing of bird flu being officially recognised as having occured in the US! Essentially, if you want to find a market to bet or lay on, Tradesports is a very good place to look at first before trying anywhere else. Up till now, Tradesports has settled more than $1.5 billion worth of bets.

There is a first time deposit bonus of $25 trading credits on all depsits of $100 or more. Please remember to type in the promotion code: TS317 in the PROMOTION field when you sign up to qualify for the bonus.

There is regular deposit bonus available on bank transfers of $3,000 or more which will get you a $100 deposit bonus. Transfers of $500 to $2,999 will receive a $30 bonus. You may receive 1 bank transfer bonus per calendar month; you may only receive another bank transfer bonus if you have paid fees at least equal to your previous bonus.

Tradesports offer a huge range of markets including most of the major sports, politics, finance and of course the UK favourite chat pasttime - the weather. Tradesports is particularly strong in the financial markets with very good liquidity in the NASDAQ, FTSE, DAX and Dow Jones indices.

What we liked a lot about Tradesports is that not only do they have a member's forum where you can post your views, questions or interact with fellow Tradesports members, but their excellent Chat Facility. Either you can launch it from the website or a pop-up window for greater management of the chat. We have been pleasantly surprised by the member's willingness to assist with any queries and explain how the entire concept works on Tradesports. Good exchange of ideas on how markets will move and why. Great resource of information and ideas.

Tradesports covers a huge range of markets. The question is not really what they cover, rather what they do not. Below is a small sample of the markets that they do cover:

You can act as a market maker or a trader - and you can either back or lay a market/bet. And you do it against fellow members and not an institution. On certain events, the betting is available in running up till the last minute!

		Use the order ticket to enter orders to buy or sell contracts on the exchange. Enter the price, quantity and lifetime and click 'Buy' or 'Sell'. You will then be asked to confirm the order. If you're not sure how many contracts to Buy or Sell, the total risk is displayed below the order ticket. The risk displayed will change as you modify your order. If an order is not matched, it will appear as a new order in the order book. A Stop Order facility is available which will enable you to limit your losses although a stop order will not be entered into the order book immediately: If it is a buy order it will become active if a trade occurs at or above the stop price. If it is a sell order it will become active if a trade occurs at or below the stop price.
		GLOSSARY Quantity - The number of contracts to buy or sell. Limit Price -The limit price is the highest(if you are buying) or lowest(if you are selling) price at which your order will be matched. Lifetime - If your order is not filled immediately, the lifetime controls how long the order will live on the order book. The lifetime options are: Good for Session - The order will be automatically cancelled at the end of the current trading session (The start of the following day). Good Till Cancelled - The order will remain active until you manually cancel it or the contract expires. Fill Or Kill - The order is cancelled immediately if it cannot be fully matched. 5 minutes, 10 minutes etc - The order will be cancelled this amount after the order is entered. Custom Time - This option allows the user to enter a specific time to cancel the order.

CHAT FACILITY

Very active chat facility with other Tradesports members where chat can range from general day-to-day things but primarily relating to trading activities. Great way to get to know others with similar interests, exchange tips or just ask for advice. Far faster response than contacting customer support out of business hours. One of our favourite features of any Betting Exchange.

Tradesports does not offer regular promotions apart from a monthly redeposit bonus up to a maximum of $100 on deposits of over $3,000. Deposits between $500 and $2,999 get a $30 bonus.

Excellent software and easy to navigate interface. There is no need to download anything as all the odds are available on the website.

DEPOSIT OPTIONS:
VISA, MasterCard, Bank Transfer, NETeller, PrePaid ATM, FirePay, US Check (USD), ACH

All deposits are free of any charges.

CASH OUT OPTIONS:
NETeller (first two over a 30 day period are free; thereafter $10 fee), Check (first two over a 30 day period are free; thereafter $10 fee), PrePaid ATM All withdrawals incur the 3% transfer charge that the service provider imposes. Please note there is also a 3% transfer in charge that the exchange absorbs. Bank Transfer There is a standard charge of USD 20 per bank transfer. This is to cover the cost of the bank wire.

All withdrawals will first be made by the method received if deposits are from Credit Cards, or NETeller within the last 6 months.

Members are entitled to two free withdrawals over a 30 day period (excluding Bank Transferrs and PrePaid ATM), thereafter the member will incur a $10 withdrawal fee. This includes NETeller, Credit Card and Check and any combination thereof. All withdrawals by Prepaid ATM incur a 3% transfer change that is levied by Prepaid ATM. Please note Prepaid ATM also charge a 3% deposit charge that the exchange absorbs.

24/7 support via Live Chat. There are no toll free customer support telephone numbers. TradeSports Representatives based in Dublin, Ireland are available to assist you from 8:00AM to 10:00PM Dublin Time (3am - 5pm EST):

• From the US: +1-866-303-1927
• From everywhere else: +353-1-6200-364

There is dedicated e-mail support but the response times can be quite a long time.