Sporttrade
- Company typePrivate
- Founded2018
- HeadquartersCamden, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
Sporttrade firmographics
Firmographics- Name
- Sporttrade
- Legal name
- Sporttrade Inc.
- Website
- https://getsporttrade.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Sporttrade industry classification
Industry- Product category
- Sports Betting Exchange Platform
- NAICS
- Securities and Commodity Exchanges (523210), Other Gambling Industries (713290)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Commodity Contracts Brokers & Dealers (6221)
- akta.pro primary industry
- Exchange Odds, Pricing, Trading Tools & APIs (MPAEAIAG)
Keywords
Where Sporttrade is headquartered
LocationHeadquarters
- HQ city
- Camden
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Sporttrade business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Operations, Marketing or Sales, Others
Revenue model
- Commission on Net Winnings: Sporttrade charges a 2% commission on net winnings only, unlike traditional sportsbooks which embed a 4.5-5% vig (house edge) into odds. This results in better payout pricing for customers while generating revenue on winning positions.
- CFTC-Registered Exchange and Clearing Fees: Upon receiving CFTC approval (anticipated 2026), Sporttrade will operate as a federally regulated derivatives exchange and clearing organization, enabling institutional participation and a broader revenue model under federal oversight.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Standard consumer trading platform with commission-based pricing |
| Transaction based/ take rate | Pay-as-you-go | LiquiBoost VIP Brokerage Service for high-volume players |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
Sporttrade product offering
Product offeringCore offering
Sporttrade operates a sports trading exchange where participants buy and sell listed contracts on sports outcomes via a central limit order book, with multiple competing market makers providing liquidity. The platform charges approximately 2% commission on net winnings, offers probability-based percent odds, instant in-play bet acceptance, and the ability to trade in and out of positions before game conclusion.
Product overview
Sporttrade is a Philadelphia-based fintech company operating a single sports trading exchange platform that differentiates itself from traditional sportsbooks by functioning as a marketplace with a central limit order book. The core product enables users to buy and sell listed contracts on sports outcomes with probability-based pricing (0-100 scale), instant in-play betting, limit orders, and the ability to trade in and out of positions. Key supporting features include LiquiBoost (VIP brokerage service for high limits exceeding $100k), GTX (limit order timer feature), and partnerships with SIG Sports Analytics for enhanced liquidity. The platform operates under both state gaming licenses (NJ, CO, IA, AZ, VA) and has submitted for federal CFTC registration as a DCM and DCO. Sporttrade exited online sports betting markets as of May 25, 2026 to pursue federal CFTC regulation.
Differentiator
Problem solved
Functional benefit
Brands
- LiquiBoost: VIP brokerage service offered by Sporttrade providing high-limit trading up to $100k at favorable prices within minutes for players seeking higher limits.
- GTX
- Trade Upp
Products and services
- Sporttrade Platform A mobile-first sports trading exchange where participants buy and sell listed contracts on sports outcomes via a central limit order book. Features multiple competing market makers providing liquidity, instant in-play bet acceptance, probability-based percent odds (0-100 scale), limit orders, and the ability to trade in and out of positions before game conclusion. Charges approximately 2% commission on net winnings. Targeted at individual sports bettors and high-volume traders.
- LiquiBoost VIP Brokerage Service VIP brokerage sub-brand of Sporttrade offering high-limit sports trading with limits upwards of $100k at premium pricing, accessible within minutes for qualified high-volume players via direct outreach and concierge onboarding.
Quantifiable outcome
- Main lines priced at approximately -105 vs industry standard -110, delivering $5 more on a $100 winning bet
- +3 more outcomes
Companies that use Sporttrade
Customer profileNamed customers2 records
Segments2 records
Ideal customer profiles2 records
Sporttrade technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Feature7 records
Sporttrade partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered minor, core and supporting.
- OddsJamminorSporttrade offers OddsJam promotional partnership: new customers using code ODDSJAM who place $100 in bets receive 1 free month of OddsJam subscription (valued at $80). OddsJam provides positive EV betting tools and odds comparison.
- ShotQualityBetsminorSporttrade partnership with ShotQualityBets: customers who place a $10 bet on any basketball outcome receive 1 free month of ShotQualityBets (valued at $50). SQB provides data-powered basketball predictions.
- OddsPulseminorSporttrade partnership with OddsPulse: customers using code PULSE who place $100 in bets get 1 free month OR $300 in bets get 3 free months of OddsPulse Premium (valued at up to $300). OddsPulse provides a browser extension for real-time arbitrage calculations.
- DarkHorse OddsminorSporttrade partnership with DarkHorse Odds: customers using code DHO who place $100 in bets receive 1 free month of DarkHorse Odds (valued at $30). DarkHorse Odds provides matched betting and arbitrage software.
- Quechan Tribe of the Ft. Yuma Indian ReservationcoreSporttrade partnered with the Quechan Tribe of the Ft. Yuma Indian Reservation for market access in Arizona. The tribal partnership enables Sporttrade to operate as a statewide mobile sports betting platform in Arizona, providing economic benefits for the tribe.
- Wild Rose Casino & Hotel, ClintoncoreStrategic partnership with Wild Rose Entertainment (owner of Wild Rose Casino & Hotel, Clinton, Iowa) for market access in Iowa. Brian Diver, President of Wild Rose Entertainment, described the collaboration as representing 'the future of gaming.'
- Birches HealthsupportingSporttrade partnered with Birches Health, a New York-based behavioral health services provider offering online counseling and resources to gambling addicts. Birches Health's information and services are prominently featured within the Sporttrade app. The partnership was announced during Problem Gambling Awareness Month.
- GF GamingcoreStrategic partnership with GF Gaming (and Easy Street Casino) for market access in Colorado. Roger Brown, General Manager of GF Gaming, stated the partnership brings Sporttrade's superior odds experience to Colorado bettors.
- XpointsupportingXpoint provides geolocation technology embedded within all Sporttrade digital platforms to ensure all transactions comply with state and federal regulations. This is a critical regulatory compliance technology partnership.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
Sporttrade competitors and assessment
Company assessmentEmerging players
- Novig: U.S.-based sports prediction market / sweepstakes-style platform targeting retail bettors; emerging competitor pursuing peer-to-peer pricing in U.S. sports betting.
- Betr: U.S. micro-betting focused platform combining exchange and sportsbook mechanics; partial overlap with Sporttrade's in-play, instant-execution positioning.
- Mojo: Sports betting exchange app named alongside Sporttrade and Prophet Exchange in EKG rankings; overlapping exchange-style sports product targeting similar retail bettors.
Direct peers
- Polymarket: CFTC-regulated prediction market exchange operating event contracts; comparable exchange-grade infrastructure and crypto-native user base overlapping with Sporttrade's pivot into federal prediction markets.
- Smarkets: UK-based betting exchange using a CLOB with competing market makers — analogous technology stack, customer base, and value proposition to Sporttrade, though primarily serving European markets.
- Betfair: Original global sports betting exchange operated by Flutter Entertainment; the archetype for the CLOB exchange model that Sporttrade replicates for U.S. sports bettors.
- Kalshi: CFTC-regulated Designated Contract Market for event contracts including sports; the regulatory and product analogue Sporttrade is positioning to compete with under its DCM/DCO pivot.
- Prophet Exchange: New Jersey-based sports betting exchange operating a peer-to-peer order book with market makers, named alongside Sporttrade in EKG's U.S. Sports Betting App Rankings. Closest direct competitor in U.S. sports exchange model.
Broad incumbents
- DraftKings: Largest U.S. online sportsbook operating across 25+ states with sportsbook-style vig model; broad incumbent Sporttrade has competed against in state-licensed markets.
- FanDuel: Leading U.S. online sportsbook with national reach and large promotional spend; sets the competitive baseline Sporttrade must outperform on price to gain user share.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Sporttrade social profiles
Digital presenceSporttrade compliance and trust
Trust signalCompliance4 records
Sporttrade financial estimates
Financial estimateRevenue estimate
Valuation estimate
Sporttrade leadership team
Management profileNumber of profiles
Profiles4 records
Sporttrade subsidiaries and ownership
Company hierarchySubsidiaries1 record
Sporttrade funding detail
Funding detailFunding overview
Funding rounds4 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Sporttrade M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Sporttrade
What does Sporttrade do?
Sporttrade operates a sports trading exchange where participants buy and sell listed contracts on sports outcomes via a central limit order book, with multiple competing market makers providing liquidity. The platform charges approximately 2% commission on net winnings, offers probability-based percent odds, instant in-play bet acceptance, and the ability to trade in and out of positions before game conclusion.
Is Sporttrade a public or private company?
Sporttrade is a private company. It is classified as venture growth investor backed and is currently operating.
When was Sporttrade founded?
Sporttrade was founded in 2018. It employs 11 to 50 people.
Where is Sporttrade based?
Sporttrade is headquartered in Camden, United States, in the North America region.
How does Sporttrade make money?
Two revenue lines are on record. Commission on Net Winnings are the primary driver. The others are CFTC-Registered Exchange and Clearing Fees.
Who are Sporttrade's main competitors?
Emerging players on record are Novig, Betr and Mojo. Direct peers are Polymarket, Smarkets, Betfair, Kalshi and Prophet Exchange. Broad incumbents are DraftKings and FanDuel.
Does Sporttrade have an API?
No public API is recorded for Sporttrade.
What industry is Sporttrade in?
Sporttrade's product category is Sports Betting Exchange Platform. Its primary akta.pro industry code is MPAEAIAG, Exchange Odds, Pricing, Trading Tools & APIs. Its NAICS code is 523210 and its SIC code is 6200.