Tradesports, similar to Betfair, is an on-line sports betting exchange. Unlike Betfair, Tradesports (or TS) will accept customers with mailing addresses in the United States. Betfair is a United Kingdom based Internet bet exchange. ... Sports betting is the general activity of predicting sports results by making a wager on the outcome of a sporting event. ...
As an exchange, Tradesports provides a way for customers to make trades but does not participate in trading itself. TS does make contractual agreements with market makers, who promise to offer certain trades at an agreed volume in exchange for paying lower (or no) fees. Claims that TS has a closer financial relationship with some market makers are difficult to falsify, but no evidence exists to support this conclusion.
Tradesports is considered the premier betting exchange for North American sports and daily financial bets while Betfair has more liquidity in global and European events.
TradeSports respects your right to privacy and will not collect any personal information about you on this website other than for the purposes of registration, identification and the Services.
TradeSports cannot ensure with websites other than this website, the security of your privacy or personal information or technical information which is given by you during any session or otherwise including websites to which the User may be directed by TradeSports.
Tradesports biggest business is in futures contracts that allow traders to speculate (some would say bet) on sporting events, but its current events futures contracts have been steadily gaining attention ever since CNN/Money first highlighted its Saddam futures back in January.
In fact, Tradesports has had a good relationship with the researchers who were setting up the Pentagon's exchange, even giving them full access to its trading data.
Tradesports' business is for traders to act on their understanding of how likely an event's occurrence is. The information that the market spins off as a result is merely a byproduct.
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