Tradesports.com - Anyone use it?

[tech]

A bid/offer of 20/25 equates to a moneyline of -400/+300. When selling the contract, you are risking 80 to win 20, or laying 4 to 1. To buy, you are getting 75 to 25, or 3 to 1.

If you don't want to bother with the conversions, go to http://www.tradebetx.com. This is the sports betting interface to Tradesports. There is a setting there to view all the contracts as moneylines so that you don't have to do the conversions. It also allows you to put in dollar figures instead of contracts, if you aren't comfortable dealing in contracts.

[hogua]

Good deal! Thanks!

[ctv1116]

Haha, I understand the futures prices perfectly and don't get the moneylines at all...

[Iceman]

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Looks really interesting, I think I'm going to make a small deposit and give it a try. Can anyone attest to their reliability or lack thereof? Ease of cashouts? Tips for successful trading? Thanks in advance, much appreciated.

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In the NFL, they have very good prices on favorites. In the last NFL playoffs, if you bet favorites on tradesports and dogs on Pinnacle, you would have paid virtually zero juice.

Exchanges tend to have much more favorable prices on futures than the standard books do. The books factor a large risk premium into their futures prices.

When it comes to regular games, if the bid-ask spreads are tiny, then the exchanges can have better prices than the standard books. When the bid-ask spread is more than .3, then you will usually get a better price from the standard books, unless the exchange line is much more favorable to one side.

Betfair has more liquidity and a much wider range of markets than Tradesports, but at least as of right now they don't allow Americans.