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Review of TradeBetX by Andrew Patterson |
January 7, 2009 |
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Email:
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help@tradebetx.com
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Phone:
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1-866-303-1930
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Website:
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www.tradebetx.com
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| Program |
Type:
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Exchange
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Americans:
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yes
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| Recommended |
Betting:
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Low Roller
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Focus:
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Europe
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Want the trading volume and breadth of Tradesports without having to deal with contracts? Well, TradeBetX is the betting end of Tradesports.com - a network of betting exchanges that do a huge amount of business.
TradebetX looks and feels quite like a financial market because it's a betting exchange. There's no bookmaker, just a bunch of people offering or asking for different odds. It's pretty easy though, either pick someone else's odds up from the list, or set your own.
Tradesports take fees out of each trade, but they are very small, so you're dealing with an almost frictionless market. The Tradesports market covers an impressive range of events. All the normal sports are covered, along with some more unusual events, like the amount of snowfall in Central Park NY for each winter month.
The website is pretty easy to navigate. Once you're used to the bet / lay system, bets are easy to place. They also offer a decent amount of information on the market, which does help to get a better feel for trading.
All up, I don't really treat Tradebetx as a bookmaker (I use the tradesports end and play it like a financial market). I probably should, because there are some plum odds to be had here, and if you can work the market, you can make nice profits no matter what the result.
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Bonus Match:
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0%
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Bonus Max:
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$0
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Bonuses:
TradebetX seem to offer any bonuses at the moment, but this is because their margins are very low (generally 20% better than an average sportsbook).
Last Updated: 11/20/2006
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 | 8.2 | (7.8) |
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| 8.0 | (5.2) |
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| 8.0 | (8.2) |
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| 8.0 | (8.2) |
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| 7.8 | (7.0) |
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| 7.8 | (7.5) |
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| 7.5 | (7.8) |
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 | 7.2 | (7.1) |
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| 7.2 | (8.0) |
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| 7.0 | (7.8) |
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Chart Definitions
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| Bonuses |
Ratings |
Match
How much free money the house will give you as a percentage of your initial deposit.
Max
The maximum amount of bonus money you can receive initially.
Value
The bonus as a percentage of the amount you need to wager to clear it;
[bonus] / [(bonus + deposit) * (playthrough requirement)]
It is an estimate of how much edge you are reclaiming by playing with this bonus.
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Interface
This rates how easy to use and pleasant to look at the company's website and software is.
Events
This reflects the depth (number of different bets on each event) and breadth (number of different events) of the sportsbook's coverage.
Cashier
This is a rating of how quickly the sportsbook processes
withdrawal requests, how quick and helpful their support services are.
Promos
The more frequent and better the site's promotions are (free bets, bonuses, tipping competitions, etc) the higher score they should get here.
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