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SPORTSBETTING REVIEW - TRADEBETX

TradebetX 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. Up till now, TradeBetX 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.

TRADEBETX - RANKING
OVERALL RANKING: N/A
G-INDEX MEMBER RANKING: N/A
TRADEBETX - FEATURES
POSITIVE FEATURES NEGATIVE FEATURES
  • Great variety of trades and markets
  • Suitable for traders and market makers
  • Member's Forum
  • No proper 24/7 live customer support
  • No loyalty programme
  • Low sign up bonus
TRADEBETX - BETTING & COVERAGE

TradeBetX covers decent number of sporting events. And the list is growing with time. The liquidity is quite good so most events listed have some betting coverage.

Baseball
Basketball - NBA Basketball - NCAA Football - NFL
Golf Hockey Rugby Union Soccer - European
Soccer - UK Soccer World Cup Index Soccer World Cup Outright Tennis

You can bet on other events too such as Politics, Weather and Entertainment. However, we have focused purely on the sports coverage in this review.

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!

TRADEBETX - SPECIAL FEATURES

FORUM

Very active Forum where you can exchange views on the site, 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.

TRADEBETX - PROMOTIONS

TradeBetX 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.

TRADEBETX - LOYALTY PROGRAMME
No loyalty programme.
TRADEBETX - SOFTWARE & INTERFACE

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

TRADEBETX - DEPOSIT & WITHDRAWL OPTIONS

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.

TRADEBETX - SUPPORT

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.

TRADEBETX - MEMBER COMMENTS
MEMBER DATE POSTED COMMENTS
     
 
 
 
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