What Sporttrade was, why it stopped, and what comes next
Sporttrade was a sports betting exchange, a marketplace where people bought and sold contracts on a central order book, not a sportsbook. No. All wagering on Sporttrade ceased on 25 May 2026, and its site now shows only a waitlist to re-enter the market.
What it was
Sporttrade was a sports betting exchange, a marketplace where people bought and sold contracts on a central order book, not a sportsbook.
Sporttrade isn't a sportsbook: it's a marketplace. Participants buy and sell listed contracts on a central limit order book.
Sporttrade, a Philadelphia-based financial technology company It operated in New Jersey, Colorado, Iowa, Arizona and Virginia.
When it stopped
No. All wagering on Sporttrade ceased on 25 May 2026, and its site now shows only a waitlist to re-enter the market. Arizona, Colorado, Iowa and Virginia users had until 25 June 2026 to withdraw.
RE-ENTERING THE MARKET SOON Combining sports expertise with cutting-edge market structure to put the customer first, always. Sign up for our waitlist
No Sporttrade promo code is real while it takes no trades; see Sporttrade promo codes.
Its CFTC applications
Sporttrade has applied to the CFTC to run an exchange and a clearing house; both applications, dated 27 January 2026, were still pending when we checked.
Organization: Sporttrade DCM LLC Status: Pending Date: 2026-01-27 00:00:00
Organization: Sporttrade DCO LLC Status: Pending Registration Date: 2026-01-27 00:00:00 Remarks: Pending application for DCO registration.
The Clearinghouse does not extend margin or credit to its members; all trading activity must be fully pre-funded and collateralized by the Member’s account balance held at the Clearinghouse.
API and contact
No. There is no live public API; the waitlist form only asks whether you want API access once it goes live.
I’m interested in API access for trading once you go live.
Have questions? Text us at 215-287-1165 or head over to support.