Sporttrade Promo Code 2025: Up to $100 Bonus

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Sporttrade promo code summary

Sporttrade promo code terms and conditions

Since no Sporttrade promo code is required, unlocking the latest new-user bonus from this great prediction betting site is simple. Just be aware of the following:

• You must be new to Sporttrade and physically present in one of the U.S. states where the operator is licensed — AZ, CO, IA, NJ or VA.  
• A minimum $5 initial deposit is required.
• You'll earn 10% cash back on every qualifying bet you make during your first seven days up to $100.
• Qualifying wagers can be placed on any available Sporttrade market with minimum -400 odds. 
• Your seven-day promotional period begins after you submit your initial wager. 
• This Covers-verified Sporttrade promo code offer is valid until Dec. 31, 2025. 

Coming soon

Best Sporttrade bonus offers for new users

Sporttrade is a regulated prediction sportsbook that offers peer-to-peer exchanges, allowing users to buy, sell, and trade bets on various sporting events and leagues, such as the NFL, NBA, and MMA. We've outlined below how new users can claim up to $100 bonus from one of the best prediction market sites in 2025: 

Sporttrade welcome bonus: Up to $100 in cash back

Up to $100 in Cash Back

No Code Required

Coming soon 

Since there is no promo code yet available, just sign up via the Sporttrade app and make a $5 real-money deposit to qualify. You will receive 10% cash back on every sports bet you make during the first seven days of using your account, up to a maximum of $100. 

Covers Expert Analysis

"While the Sporttrade cash back welcome bonus applies to all available sports markets, you'll only receive funds back on wagers with -400 odds or longer (-100, +150, etc.), so ensure you read the odds carefully before placing a wager."

Carson Deveau, Betting Editor

How to claim the Sporttrade promo code

You can claim the latest Sporttrade promo code welcome offer in minutes by following the steps outlined below:

Is Sporttrade legal?

Sporttrade is currently live in five U.S. states as of June 2025 — Arizona, Colorado, Iowa, New Jersey and Virginia. Founder and CEO Alexander Kane recently submitted an appeal to the Commodity Futures Trading Commission (CFTC), allowing the operator to offer nationwide predictive sports markets. 

If approved by the CFTC, you can expect Sporttrade to be available in most states with legal sports betting in the near future. CEO Alexander Kane expressed on Reddit that he hopes to launch Sporttrade in the following states soon: 

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Sporttrade bonus comparison

	Sporttrade	Kalshi	ProphetX	Novig
Welcome bonus	Up to $100 Bonus	$10 Bonus	Up to 200 in Prophet Cash	1,000 Novig Coins & five Novig Cash
Promo code	Not required	COVERS	COVERS1	COVERS1000
Bonus type	Bet and get	Trade and get	Play and get	No deposit offer
Bonus form	10% cash back on all wagers made during your first seven days	One (1) $10 bonus	2% bonus back on every play for 30 days	1,000 Novig Coins & five Novig Cash
Payout speed	With 24 hours	Within 24 hours	Within 24 hours	Within 24 hours
Min. deposit	$5	$1	$10	$5
Covers BetSmart Bonus Rating	⭐ 4.0/5	⭐ 4.2/5	⭐ 4/5	⭐ 4.6/5

Best Sporttrade promos for existing users

In 2025, the only Sporttrade promo for existing users is a 25% cash match of up to $200 on their initial deposit and trades made using Push Cash, which is an e-wallet. We will update this section as new offers for existing Sporttrade users become available.

We've outlined below a few popular promos other top online sportsbooks provide loyal bettors:

Sporttrade sportsbook review

Covers Expert Verdict - Sporttrade

"After thoroughly examining the mobile sportsbook, I firmly believe that Sporttrade is a jolt of lightening to the traditional U.S. sports betting industry that could become a major player for years to come. Sporttrade stands out immediately due to its unique structure, which combines the features of a typical sports betting site with those of a stock trading platform. While it may be confusing initially, once you get the hang of it, you can score great odds since its bettors determine all market prices. What really sets Sporttrade apart from other top social sportsbooks is its comprehensive sports coverage and wide range of available bet types, allowing you to wager on traditional betting markets like spreads and player props. 

Of course, the biggest hurdle that Sportstrade and its CEO Alexander Kane must overcome to ensure longevity is gaining market access. Sporttrade is only legal in five states as of June 2025, which is unacceptable considering that most of its competitors are in 20-40 U.S. jurisdictions. Sporttrade needs to launch in more states quickly to increase its reach and attract more users to its betting site."

Carson Deveau, Betting Editor

Sporttrade key features

We've shared a few of our favorite Sporttrade features below:

Live betting

Sporttrade's live betting operates similarly to a stock exchange, as the odds of the market will swing depending on the outcome of each play, influenced by how fellow users perceive a game's momentum. This can create market inefficiencies you can capitalize on if you believe a comeback is brewing. 

Exceptional odds

All of Sporttrade's odds are determined by you — the bettors. While the online sportsbook relies on a team of 'Market Makers' to initially set the price and provide liquidity for both sides for each bet, the public's demand for one side of the position can sway the betting lines once the market goes live. 

Top-notch customer support

Not only is having both an active phone line and live chat a rarity in the sports betting industry, but Sporttrade also allows you to text a customer service representative directly. Sporttrade may be the only U.S. operator to offer this unique feature in 2025. 

Sporttrade liquity and betting limits

Sporttrade relies on the liquidity set by its market makers to determine the prices of its contracts on all available betting markets. The higher the liquidity, the more stable the market prices are.

The betting limit for each Sporttrade market is indicated at the top of each event and will appear in dollar value. If you're feeling confident in a position, you can exceed the limit by inputting the higher value you wish to wager. Sporttrade will provide an 'Order Book', showing what the operator is willing to offer you a specific price and quantity. 

Sporttrade customer support

We came away quite impressed after testing out each of Sporttrade's available customer support channels. Although its phone support was great for connecting with a real agent, our favorite option was its live chat, which put us in contact with a knowledgeable agent within two minutes. We also enjoyed the text option Sporttrade provides, marking the first time we've seen this customer support option available. 

Aside from its customer support, Sporttrade offers a variety of resources to help users resolve their issues independently, including an extensive FAQ section and an active and informative YouTube channel.

💬 Live chat: Available

📧 Email: support@getsporttrade.com

☎️ Phone: 855-951-2900

🤳 Text: 215-287-1165

🌎 Support languages: English

📱 X (Twitter): @Sporttrade_app

Sporttrade pros and cons 

We've outlined below where we believe Sporttrade excels and still needs to improve in 2025:

Pros

Unique betting model

Sporttrade's unique approach, working seemingly as a financial trading app but for sports wagering, provides you with a cool experience that you'll rarely find with other regulated operators. 

Available bet types

We've found that most of the best social sportsbooks and peer-to-peer exchanges in the U.S. only allow you to bet on the final outcome of an event. That's not the case at Sporttrade, which also offers over/unders, spreads, and player and game props for all sporting events. 

Markets are always open

 

There's nothing more frustrating than trying to live bet on a game, and the sportsbook has locked the market. You won't have to worry about that at Sporttrade, which allows you to buy and sell contracts until the event ends. You can even bet on a live market after selling the other side.

Cons

Restrictions for Android users

Sporttrade's limited supply of banking options becomes even more dire for Android bettors, as these users cannot access PayPal, Venmo, or Push Cash for deposits or withdrawals. 

Complicated for new or novice bettors

New or casual bettors may find Sporttrade confusing initially due to its unique approach to online sports betting. Luckily, the operator has numerous helpful resources online, including a very informative YouTube series that explains all aspects of the platform. 

Sporttrade app review

You must download the Sporttrade mobile app — via the Google Play Store or App Store — to access the betting platform as no desktop version is currently available. Sporttrade is a promising sports betting app in 2025 thanks to its sleek design, clearly labelled betting markets and options, and seamless access to Sporttrade 101, which extensively explains how each component of the online sportsbook works. 

Our favorite aspect of the Sporttrade betting app is that the operator is continually improves its product for bettors, as the iOS version has already undergone 11 major updates so far in 2025. The updates range from fixing bugs to adding new banking options to providing faster load times for betting markets. 

Sporttrade iOS app

Sporttrade iOS rating

Sporttrade is beloved by Apple device users, receiving a 4.7/5 rating based on over 400 user reviews.

Sporttrade Android rating

Android users are a little cooler on the mobile app, but still give Sporttrade a solid 3.8/5 rating. 

User reviews

Here's what users are saying about Sporttrade:

“Overall, my experience with Sporttrade has been very positive thus far. It’s truly a unique sportsbook. I found the app to be smooth, well-organized, and user-friendly. Some of the nice features include a search bar that can be filtered for a quick find. However, the best part is that Sporttrade consistently offers some of the best prices and odds, comparatively speaking, which I’ve taken advantage of frequently."

- Yong, App Store reviewer

"Upon joining the sports betting world, I had never heard of Sporttrade before. I have been searching for a well-rounded app, so I decided to give Sporttrade a try. Man, oh man, am I impressed! The interface is very simple and easy to use. I also appreciate the fact that the customer service is top-notch, as you can expect very quick replies and are very accommodating to requests. Sporttrade is currently my favorite betting app, and I highly recommend that everyone download it!" 

- App Store user

Sports and events you can bet on with Sporttrade

We are quite impressed with the number of sports betting markets that Sporttrade offers, including comprehensive coverage of top North American leagues such as the NFL, NBA, NHL, and MLB. Although the betting site is more limited than established online sportsbooks like FanDuel and DraftKings, which each offer over 30 sports to wager on, we expect Sporttrade will add more betting markets as it grows. 

Here are the sports and leagues you can bet on with Sporttrade in June 2025: 

Sporttrade bet types

You can access the following bet types for each of the sporting events outlined above: 

How to trade with Sporttrade

Since Sporttrade is an exchange betting site, you can also trade contracts — bets — during live games. Sporttrade offers two types of exchange wagering for all users, except those in Iowa: 

• Simple Trading — You may only buy and sell shares on outcomes on markets you have an existing position with. If you do not, you can only buy shares into that market. 
• Advanced Trading — Can sell shares without having an existing position, commonly referred to as 'shorting'. This means you do not believe the betting outcome for an event will happen. 

Sporttrade never limits when you can buy or sell more positions for an ongoing event, keeping all markets live until the final buzzer. Every position you owe via purchase or trade is tracked in the 'Portfolio' section of your account, allowing you to easily track the live value of your wagers. 

Covers Expert Analysis

"If you're comfortable with exchange wagering, I'd suggest using Advanced Trading, as it allows you to view the last trade price on every betting market, which is valuable insight when determining your position."

Carson Deveau, Betting Editor

Sporttrade payment methods

Sporttrade's deposit and withdrawal options are average at best, as it lacks popular and trusted providers such as Visa and Mastercard. While being able to use PayPal and Venmo is nice, we hope to see additional vendors added soon.

Method 🏦	Deposit 💸	Withdraw 💸	Payout speed 🕒
Trustly	✅	❌	N/A
PayPal	✅	✅	Within 48 hours
Venmo	✅	✅	Within 48 hours
💲 Push Cash	✅	✅	Instant
Cash (In-person only)	✅	✅	Within 48 hours
Online banking	❌	✅	3-5 business days

Covers Expert Analysis

"PayPal, Venmo, and Push Cash are not available on Android, further restricting the banking options available to some Sporttrade users. Meanwhile, if you want to make an in-person cash withdrawal, you will receive an email containing a withdrawal request number that you must take to the designated location — 1900 Pacific Ave, Atlantic City, NJ 08401 — within 48 hours after submitting your request."

Carson Deveau, Betting Editor

Sporttrade eligibility requirements

Browse the eligibility requirements outlined before to ensure you qualify for the Sporttrade promo code welcome offer.

You must be 21 or older to claim the Sporttrade welcome promo.

You must be physically located in one of the following five states — Arizona, Colorado, Iowa, New Jersey, or Virginia. Sporttrade utilizes geolocation technology to confirm your location.

You must not appear on any national or state-specific self-exclusion lists for gambling.

Employees of professional or college sports teams are ineligible to sign up with Sporttrade.

You must be a new user and have not claimed a previous promo from the online sportsbook to be eligible for the Sporttrade welcome bonus.  

Recent Sporttrade updates

Read below to keep up with the latest Sporttrade news: 

May 1, 2025: Sporttrade requests federal prediction market regulations from the Commodity Futures Trading Commission (CFTC) in efforts to operate in all 50 U.S. states.  

Oct. 25, 2024: Sporttrade is live in Virginia, marking the fifth state to welcome the online prediction betting site. 

Oct. 4, 2024: Sporttrade adds SIGSports Analytics as a strategic investor in hopes to improve liquidity and pricing across betting markets amid the platform's U.S. expansion. 

Sept. 26, 2024: Sporttrade launches in Arizona for both Android and iOS devices. 

Aug. 5, 2024: The Arizona Department of Gaming licenses Sporttrade, allowing the online prediction-based sports betting platform to launch the state to fill the void left after Unibet and WynnBET recently exited. 

May 2, 2024: Sporttrade launches in Iowa via an iOS-exclusive predictive trading platform.

Sporttrade responsible gambling features

More sportsbook promos

We've outlined the a few more alternatives to Sporttrade that are available in 2025 below:

• Polymarket: Offers referral program perks for inviting friends and rewards for users who contribute to liquidity.
• PredictIt: Offers a $20 bonus with a $20 deposit for new users.
• Robinhood: Issues new users up to a $200 Robinhood promo code bonus today.