tradesports.com

[andicap]

Does anyone have any experiences, good or bad, dealing with this Dublin-based company?

reply via the board, PM or email.

thanks.

[xfile]

Isn't this similar to the same company Barry Meadow had a problem with? Like stop do business with US customers on these bet exchanges?

[BIG49010]

I was checking it out the other day, they said they take U.S. customers.

Limited tracks, they only take the NY, Cal. and maybe AP.

[andicap]

Not true according to this link

https://www.tradesports.com/poolbet/

I see lots of tracks they take besides those.

[jfdinneen]

It would probably be a good idea to review the favorable media coverage (http://www.tradesports.com/aav2/press/index.html) listed on the TradeHorses web site in advance of committing any funds!

Best wishes,

John

[BMeadow]

I have an account with them, though I haven't used it that much. Have never had any problems.

[jfdinneen]

Ditto.

Best wishes,

John

[highnote]

IBETX will not send me the money I have in my account even though they sent me a notice that I can't bet with them since I'm based in the U.S.

They have not returned my last two or three emails to give me an answer about the money in my account.

If I don't receive it soon the shit is going to start hitting the fan. I don't like people who will not give me what is rightly mine. Are you listening IBETX?

So you should probably put some money in with Tradesports and then take it out to see how smoothly it goes.

They might be happy to take your money, but how happy are they to give it back?

[classhandicapper]

Andy,

I've been using them for quite awhile. I think I started late last year.

Here's the experience.

They advertised a 5% take on win bets and no breakage at all. I believe it was 5% initially for NY, but it shifted to 6% soon after. Place and show takes are usually a little higher. Some tracks have other take levels, but they are all attractive relative to the track take. They continued with the "no breakage" policy for several months, but I (and maybe others) were doing "a number" on them in the place and show pools. So they changed the breakage rule to a dime (which is worse than NY's nickel breakage). Soon after that they also shifted to "net pool pricing". For awhile I was able to get place prices at a lower take, no breakage, and the old style pricing. I was in heaven!!! It was like minting money.

The major problem is the lack of money being bet at the site. You have to keep your bet sizes below a certain level otherwise you'll move the payoff price enough so that you'd actually be better off just betting at a regular rebate shop. I've been splitting my bets between sites trying to maximize my return and not impact the price at tradesports.

I've had a handful of error payoffs. They actually miscalculated the place payoff, I would guess, about 6 times since late last year. Each time, I wrote an email to the help department and they credited my account. However, that kind of thing does not inspire a lot of confidence because it should be automated and accurate 100% of the time.

[mtaalamu]

I trade financials (mostly the Dow Jones Average) there everyday. I used to trade horses but the liquidity was low, so I switched to sports and financials.

Since then (about 2 years ago) they have "liquidity providers" for horseracing so liquidity is no longer an issue and they function just like any other sportsbook (say, www.ehorse.com (http://www.ehorse.com)) except the prices are typically better than than track prices by about 14%.

Hope this helps
T
:)