Prices on TradeSports are easy to understand. Here’s why:
1. The outcomes of sporting events trade between 0 and 100. If you buy the Yankees to win at a TradeSports price of 25, the market is saying there’s a 25% chance they will win. If you back the Yankees and they win your trade rises and ends at 100. If they lose your trade falls to end at 0.
 
2. It’s just like betting. On TradeSports, buying contracts for the Yankees to win at a price of 25 is the same thing as backing the Yankees at 3/1. That’s because buying at 25 to make 75 (100 – 25 = 75) is the same payout as 3/1.
 
  • A TradeSports price of 20 is the same as 4/1 because buying at 20 gives you a potential to make 80. Buying at 20:80 is the same as 4/1.
  • A TradeSports price of 50 is like betting at evens. You risk 50 to make 50. Here though there’s no “lay $110 to win $100” you get at the bookie. We don’t charge vig, just a per contract fee of 4 cents.
  • When you buy at a TradeSports price above 50 your risk is greater than your potential reward. A TradeSports price of 67 is the same as 1:2 because if you’re right you make 33 ticks (100 – 67 = 33). If you’re wrong, you lose 67 ticks 0 – 67 = - 67). That’s because 33 to make 67 is the same ratio as 1:2.
3. You control the risk. Each tick of a TradeSports price trading between 0 and 100 is worth 10 cents of risk or reward. If you wanted $100 of risk on an “evens” bet, you would buy 20 contracts at a TradeSports price of 50. (That’s because 20 x 50 x 10c = $100 risk.)
 
4. Low fees TradeSports charges 4 cents on each purchase and sale. So, buying and selling those 20 contracts will cost $1.60…that’s all.
  See all the prices converted to fixed or money line.
 
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